Chicago
Color Factory Exhibit Coming to Willis Tower’s Catalog in 2022
Color Factory, an interactive museum focused on color, is coming to Chicago. The museum’s largest exhibit to date will be… Read more
Interra Brokers Sale of Newer-Vintage Albany Park Rentals
Interra Realty brokered the $11.45-million sale of 3634-48 and 3639-47 W. Montrose Ave., a seven-building, 39-unit rental community in the North Side’s Albany Park neighborhood. The… Read more
New Chicago Park District HQ Breaks Ground in Brighton Park
City officials broke ground recently on the new Chicago Park District Campus in the Brighton Park neighborhood. The District’s move from its… Read more
UI Chicago Breaks Ground on $118M Computer Science Center
Governor JB Pritzker on Thursday joined University of Illinois leaders and other stakeholders to break ground on a new Computer… Read more
900 North Michigan Shops Continues Leasing Success Post-Pandemic
After a challenging 2020, 900 North Michigan Shops is showing that it not only weathered the storm, but is coming out on the other… Read more
CBC Closes Sale of Lincoln Park Mixed-Use
Coldwell Banker Commercial closed the sale of a mixed-use commercial property in the North Side’s Lincoln Park neighborhood for $1.55 million. Senior… Read more
Two Properties, Two South Side Neighborhoods, One Buyer
Essex Realty Group closed the sale of 8200 S. Maryland Ave., a 25-unit multifamily property in Chatham, and 1235 W. 81st St., a 10-unit property in Auburn Gresham.… Read more
Amazon Will Build Warehouse at Central Steel Site on Chicago’s Southwest Side
Amazon plans a new warehouse on the current site of a Central Steel & Wire factory on Chicago’s Southwest Side… Read more
Urban Innovations Inks 13 Office Leases in River North
Urban Innovations recently signed 13 new or renewal leases in River North. “Safety, flexibility, efficiency and exciting dining and entertainment options are… Read more
Evergreen Completes Conversion of Ravenswood Hospital into Seniors Housing
Evergreen Real Estate Group, Synergy Construction Group and the Chicago Housing Authority on Wednesday announced the completion of construction and start of move-ins… Read more
DL3 Realty Establishes Scholarship Fund at Marshall Bennett Institute
The Marshall Bennett Institute of Real Estate at Roosevelt University (MBIRE) said that DL3 Realty, a Chicago-based minority-owned development firm, has… Read more
Lake Forest Offices Garner $33M Financing
JLL Capital Markets recently arranged $33.02 million in financing for One and Two Conway Park, two boutique Class A office buildings… Read more
Chicago Office Availabilities Rise for Sixth Consecutive Quarter
Chicago office witnessed its sixth consecutive quarter of rising availability during the second quarter, although new supply coming to the… Read more
Loop Metrics Reach Highest Levels Since Pandemic Began
Chicago Loop Alliance’s June report on downtown activity shows the highest levels for all metrics since before the pandemic. In particular, hotel occupancy… Read more
Bolingbrook Asset Sells to Investor Transitioning from Residential
Marcus & Millichap arranged the sale of The Woodland Building, a 10,801-square foot office property in Bolingbrook, IL. The property traded for $1,030,000. First… Read more
Diamond Realty Sells Kinzie Corridor Asset After Upgrades
JLL recently arranged the sale of one of the first stabilized buildings in the Kinzie Industrial Corridor submarket for an… Read more
ASC Arranges Cash-Out Loan on Logan Square Multifamily
American Street Capital (ASC) secured an $8.17-million cash-out refinance loan for a 45-unit multifamily building in the North Side’s Logan… Read more
PW Spearheads Full Lease-Up of South Side Industrial
PW Commercial Real Estate – TCN Worldwide brokers Marc Hale, Ed Wabick and Terry Lynch recently represented Realterm Logistics in… Read more
Logistics Firms Buck Downsizing Trend in Chicago Office Market
Even as the pandemic has spurred e-commerce traffic and therefore demand for Chicago-area warehouse space, the rise of logistics firms… Read more