Chicago
Amazon Boosted Illinois Workforce by 72% in 2020
Amazon bucked the trend among employers in Illinois during 2020, adding 15,000 employees to increase its statewide headcount by 72%.… Read more
Thor and QuadReal Sign Two Tenants in Fulton Market
Thor Equities Group and QuadReal have secured leases with Teknion and Zeppola Bakery for more than 23,000 square feet at… Read more
Parkview Furnishes Loan for Ground-Up Construction on Northwest Side
Parkview Financial provided a $9.76-million construction loan to a joint venture of Noah Properties and MPM Holdings for the ground-up construction… Read more
Lightfoot Administration Unveils Citywide Recovery Plan for the Arts
Mayor Lori Lightfoot, the Department of Cultural Affairs and Special Events, the Chicago Park District and other City of Chicago… Read more
Chicago DPD Unveils 15 Proposals for INVEST South/West Projects
Fifteen mixed-use proposals for INVEST South/West opportunity sites are available for public review and comment on the Chicago Department of… Read more
Downtown Sees Flurry of Office Leases Following Quiet Q1
Lactalis Heritage Dairy’s 35,000-square-foot sublease at 540 W. Madison St. is only one of a recent flurry of office leases… Read more
Cornell, Fordham Teams Take Top Honors in Eisenberg Foundation’s Real Estate Challenge
Cornell University’s undergraduate team and Fordham University’s graduate teams won top honors in the eleventh annual Harold E. Eisenberg Foundation… Read more
Onni Proposes 2,600+ Apartments for Goose Island
Towers up to 56 stories tall could rise on the southern end of Goose Island under Onni Group’s proposal that… Read more
Blueprint Healthcare Expands Advisory Platform into MOBs
Chicago-based Blueprint Healthcare Real Estate Advisors said it’s expanding its platform, branching out from seniors housing into medical office brokerage.… Read more
SpringHill Suites Coming to Chinatown via New Build
Summit Design + Build, LLC recently completed the new construction of a four-story, 80,000 square foot SpringHill Suites hotel at 2353 S. Wentworth Ave.… Read more
Gibbons Creek Acquires Steam Electric Station and Reservoir
A subsidiary of Louisville, KY-based Charah Solutions recently acquired the 6,166-acre Gibbons Creek steam electric station and reservoir located in… Read more
Four Redevelopment Proposals Unveiled for City-Owned Loop Site
Four separate development and design teams’ mixed-use redevelopment proposals for city-owned property in the Loop were unveiled Thursday by the… Read more
Lactalis Establishes Midwest Headquarters at 540 W. Madison
Savills vice chairman Lisa Davidson represented Lactalis Heritage Dairy, the US subsidiary of Lactalis Group, the French-based world leader in dairy, in a multi-year… Read more
Cawley Team Closes Sale of Kinzie Corridor Mixed-Use
Cawley Chicago arranged the recent sale of 1640 W. Hubbard St. in Chicago’s Kinzie Corridor for an undisclosed sum. The facility… Read more
Pre-Construction Work Launches at Future Obama Center Site
Pre-construction work has gotten underway at the future site of the Obama Presidential Center in Chicago’s Jackson Park. The $200… Read more
Chief Engineer at Illinois Tollway Joins Bowman
Paul Kovacs is joining Bowman as a principal, civil engineer and key leader for the Lisle, IL and Chicago offices.… Read more
Lakeview Sees Its Largest Condo Deconversion Deal in 12 Months
Essex Realty Group finalized the sale of 663 W. Grace St., an 80-unit condominium property located in Chicago’s East Lakeview… Read more
Downtown Chicago’s Historic Blackstone Hotel Goes Up for Sale
In one of the largest local hotel listings since the start of the pandemic, a joint venture of New York-based… Read more
Bridge Development Rebrands as Bridge Industrial
Bridge Development Partners, LLC, headquartered in Chicago, announced its new name — Bridge Industrial—and the launch of its new website.… Read more