Chicago
Tenant Rep Veteran Greg Schementi to Join Cresa as President in 2022
Veteran tenant representation leader Greg Schementi will join Cresa in July 2022 as president, following the expiration of certain employment restrictions. Based… Read more
Pangea Gives Back to Neighborhoods Through Community Service
Chicago-based Pangea Properties spent the month of June giving back to several of the Chicago neighborhoods in which the company owns and… Read more
Oxford Capital Signs Long-Term Lease for The Porter
Oxford Capital Group LLC recently signed a long-term lease agreement for The Porter Hotel Portland (218 SW Jefferson St.) with… Read more
Summit Design + Build Holds Open House at New Fulton Market Offices
General contractor Summit Design + Build recently hosted friends and clients of the firm at its new Fulton Market district office. Guests… Read more
Rogers Park Apartments Trade After Drawing Multiple Bids
Interra Realty brokered the $5.025-million sale of 7363-83 N. Winchester Ave., a two-building, 40-unit rental community in the North Side’s Rogers Park neighborhood. The… Read more
Lincoln Park’s iO Theater Trades to Marc Realty and Terraco
Greenstone Partners and Lord Companies sold the iO Theater building and development site located at 1501 N Kingsbury in Lincoln… Read more
Lightfoot Administration Issues Post-Pandemic Transportation Plan
Chicago Department of Transportation (CDOT) Commissioner Gia Biagi on Thursday announced the release of a new Strategic Plan for Transportation. Reportedly… Read more
Irvine Company Secures 120K SF of Leases in Chicago Portfolio
Irvine Company has secured several new and expanded leases totaling nearly 120,000 square feet at its Chicago portfolio of One North Wacker, 71 South Wacker,… Read more
JLL Adds Three to Environmental and Property Condition Team
JLL Valuation Advisory is expanding its new Environmental and Property Condition (EPC) team, led by managing director Jeff Manas, with three key… Read more
Airline Cargo Service Signs Full-Building Lease with Duke Realty
Darwin Realty/CORFAC International SVP Jeffrey J. Provenza and associate Todd Hendricks represented Alliance Ground International, LLC, in its full-building lease of… Read more
City Council Greenlights Bronzeville Lakefront Mega-Project
The Chicago City Council on Wednesday approved Bronzeville Lakefront, the redevelopment of the former Michael Reese Hospital site on the city’s South… Read more
Newmark’s Roeschlaub and Stolly Arrange Refi of Presidents Plaza Office Complex
Newmark arranged a $147.5-million loan on behalf of Angelo, Gordon & Co. and Glenstar Properties to refinance Presidents Plaza, an 830,789-square-foot, Class A office complex at… Read more
Faropoint Makes Second Chicago-Area Buy with Single-Tenant Industrial
Faropoint acquired a single-tenant, 64,002-square-foot industrial facility on 3.1 acres at 3325 Mount Prospect Rd., Franklin Park, IL. Tyler Ziebel, Steven… Read more
Peak Properties Tapped for Gold Coast Deconversion
Peak Properties, LLC has been appointed to brand, lease, advise on construction and manage a 94-unit condominium deconversion at 1344 N.… Read more
Foxtrot Market Unveils Plans for National Expansion
Chicago-based Foxtrot Market, an upscale convenience store that began as a strictly digital merchant, announced expansion plans Tuesday that will… Read more
NoMa MXU Project to Get 203-Room Hilton-Branded Hotel
Trammell Crow Co., High Street Residential and JV partner Metlife Investment Management have announced a partnership with Hilton to open… Read more
JLL to Manage Flex Workspace at Shorenstein’s One North State
JLL will manage and operate a new flex office workspace at Shorenstein Properties’ One North State. Known as The Pitch, the… Read more
Andersonville Mixed-Use Trades in 1031 Exchange
Essex Realty Group closed the sale of 5622-5628 N. Clark St., a 17-unit mixed-use property in the North Side’s Andersonville neighborhood. A local investor in… Read more
Golub Launches Debbie Frank Legacy Fund to Support Professional Development
Golub & Company has launched the Debbie Frank Legacy Fund, an initiative of the Golub Family Foundation, to support the professional development of women in… Read more