Chicago
Southwell Arranges Net Lease Financing for Chicago, Kentucky Assets
Southwell Realty Capital has secured financing for two net lease real estate acquisitions, totaling $4,875,000. The Southwell Realty Capital team arranged a $2,375,000… Read more
Downtown Chicago Apartment Market Enjoys “Stunning” Rebound
After a year in which the downtown Chicago apartment market cratered, it’s a good time to be downtown landlord again. Buildings… Read more
Last of 10-Building Portfolio Trades in Marquette Park
Interra Realty brokered the $2.9-million sale of 6710 S. Claremont Ave., a 55-unit apartment and retail building in the Southwest Side’s Marquette Park neighborhood. The… Read more
Clear Height Properties Names Director to Steer Acquisitions Program
Clear Height Properties has named Ryan Maher its director of acquisitions to execute an aggressive acquisition plan for industrial and office properties… Read more
Equity Residential, Toll Brothers Forge $1.9B Apartment Venture
Equity Residential (EQR) and Toll Brothers Apartment Living have formed a strategic partnership to develop new rental apartment communities in key U.S. markets. They’re targeting… Read more
Avison Young Reps U.S. Realty in Quartet of Leases
Avison Young has negotiated multiple long-term leases at 332 S. Michigan Ave. in the Loop. Landlord U.S. Realty, Inc. was represented in all four deals by Avison Young’s Konstantine… Read more
Wicker Park Sale Achieves New High for Price Per Unit
Essex Realty Group brokered the $4.3 million sale of 2351 W. North Ave., a seven-unit luxury new construction mixed-use property in… Read more
Lightfoot Administration Selects $200M of INVEST South/West Projects
The Lightfoot administration on Monday announced the selection of four mixed-use INVEST South/West projects planned for areas in South Chicago, North… Read more
Mag Mile Capital Arranges Refi on Ann Arbor Offices
Mag Mile Capital’s Chicago office recently closed a $7,000,000 loan for 600 S. Wagner Rd., a 128,000-square-foot office/flex space in Ann Arbor, MI. The recourse loan was… Read more
Erin Spears Rejoins Fifield Companies as President
Chicago-based Fifield Companies has hired Erin Spears as president of the national development firm, which is expanding its presence in major Southeast and Southwest markets.… Read more
Former Studio Movie Grill Rebrands, Reopens in Chatham
Detroit-based Emagine Entertainment has reopened a former Studio Movie Grill location in the South Side’s Chatham neighborhood. Now known as Chatham Cinema Powered… Read more
Supreme Court Nixes Bid to Halt Obama Center Project
The U.S. Supreme Court declined Friday to stop work at the site of the proposed Obama Presidential Center in the South Side’s Jackson Park. Justice… Read more
Life Science Sector Expands Far Beyond the Established Clusters
When it comes to life sciences real estate, the biggest keep getting bigger. That’s to say that the leading developers… Read more
State Pushes Back Deadline for Bids on Thompson Center
The state has extended the deadline for prospective buyers to bid on downtown Chicago’s James R. Thompson Center. With that extended deadline comes a new closing date… Read more
Boulder Group Closes Sale of Wrigleyville Bank Branch
The Boulder Group completed the sale of a net-leased PNC Bank at 3556 N. Ashland Ave. in the North Side’s… Read more
Obama Center Cost Now Projected at $830M
The Obama Foundation has released documents that detail the latest and most comprehensive price tag yet on the upcoming presidential… Read more
Scion Reportedly Talks $1B Student Housing JV with Brookfield
Brookfield Asset Management is in advanced talks to form a joint venture with Chicago-based Scion Group to acquire at least $1 billion… Read more
Jack in the Box Awards 16 Franchise Agreements YTD
Jack in the Box Inc. recently awarded 16 franchise development agreements year-to-date through the end of third quarter of fiscal… Read more
Sterling Bay Holds Ceremonial Groundbreaking in Fulton Market
Following a Crain’s Chicago Business report that Sterling Bay had secured $100 million in financing for 345 N Morgan in the Fulton… Read more