Chicago
Laramar Group Promotes Two in Chicago Offices
The Laramar Group, a real estate investment and property management company based in Chicago and Denver, has promoted Jeanne Schwab to COO… Read more
POAH Acquires Rentals Across from Future Obama Center
Preservation of Affordable Housing (POAH) has finalized the $29.5-million acquisition of Island Terrace Apartments in the South Side’s Woodlawn neighborhood from… Read more
Ventas to Acquire New Senior for $2.3B
Chicago-based Ventas, Inc. and New York City-based New Senior Investment Group Inc. have entered into a definitive merger agreement in… Read more
West Coast Logistics Startup Will Open Fulton Market Office
Encinitas, CA-based logistics startup Flock Freight will open a Chicago office in the Fulton Market District this fall. The company has hired… Read more
Essex Lists Pair of Mixed-Use Assets in Chatham
Essex Realty Group has been selected to sell two mixed-use properties in the South Side’s Chatham neighborhood. Located across the… Read more
OPI Snags Atlanta Office Property for $195M
Office Properties Income Trust (OPI) has acquired Twelve24, a 345,917-square-foot office property in Atlanta. The sales price was $195 million.… Read more
Lexington Homes Sets Sights on Former DePaul College Prep Campus
Locally based Lexington Homes wants to turn the former DePaul College Prep campus in Irving Park into a sprawling residential… Read more
U.S. Xpress Will Anchor River North Office Redevelopment
North Wells Capital and Urban Innovations have signed U.S. Xpress Enterprises to a long-term lease for approximately 40,000 square feet encompassing three floors at 306… Read more
Mosaic Completes Work on New Wing for TCA Health
Mosaic Construction completed construction and delivered a new Behavioral Health & Supportive Services Wing for TCA Health, located at 1029 E. 130th… Read more
Net-Leased Childcare Facilities Trade in Yorkville and Flossmoor
Marcus & Millichap arranged the sale of two Children of America properties in Yorkville and Flossmoor, IL. The undisclosed buyer purchased both locations simultaneously and in a 30-day transaction. … Read more
Remote-Friendly Jobs Create a Drag on Office Demand Recovery
Even as the effects of the pandemic are ebbing and office-using employees are return to the office, overhang from the… Read more
Cities Benefit from Increased Tree Canopies
American Forests recently released its first tally of Tree Equity scores, a calculation that evaluates equitable distribution of tree cover… Read more
Expansive Grows Chicago Footprint with East Loop Management Assignment
Flexible workspace provider Expansive will extend its Chicago footprint by opening its first workspace management assignment at 100 S. State St. in the East Loop.… Read more
Essex Lists New-Construction Roscoe Village Apartments
Essex Realty Group has been retained to market for sale 2827-47 N. Clybourn Avenue, a luxury mixed-use apartment building located… Read more
Google’s Midwest Headquarters Trade at Fulton Market’s Second-Highest Price
(Updated with new information) American Realty Advisors, which acquired Google’s Midwest headquarters in the Fulton Market District from developer Sterling… Read more
BOMA Hosts Multi-Market Panel on Tenant Re-Entry
On June 15, the same day that Los Angeles fully lifted its COVID-19 pandemic restrictions on public gatherings, BOMA Greater… Read more
Origin Investments: Economic Development Marks Top U.S. Multifamily Markets
Chicago-based private equity real estate firm Origin Investments has identified the nation’s top cities for investing in or developing multifamily… Read more
Amazon Plans Delivery Station on Chicago’s West Side
Amazon plans to build a 140,000-square-foot delivery station in the West Side’s West Humboldt Park neighborhood, the Chicago Tribune reported. Slated to… Read more
Newmark Places $565M Loan for Nine-City InterPark Portfolio
Newmark, on behalf of InterPark Holdings, has placed a $565–million, five-year loan secured by a portfolio of 26 cross-collateralized parking facilities… Read more