Chicago
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
CDOT Cuts Ribbon on “Green Alley” in Portage Park
The Chicago Department of Transportation (CDOT) and 45th Ward Ald. James Gardiner recently cut the ribbon on a new “Green… Read more
Build-to-Suit Retail Trades in Bensenville
Quantum Real Estate Advisors recently brokered the sale of a single-tenant retail building in Bensenville, IL. The 7,427-square-foot building was… Read more
Corporate Outsourcing Provider Returns Global HQ to Chicago from Spain
Elements Global Services, a corporate outsourcing provider, is returning its base of operations to Chicago, where it will occupy 14,000… Read more
Peak Realty Chicago Expands Wicker Park/Bucktown Offices
Peak Realty Chicago (PRC) is expanding its offices located at 1749 N. Damen Avenue in the Wicker Park/Bucktown neighborhood. PRC… Read more
Colliers Chicago Team Arranges Kenosha Sale to Panattoni
Colliers Chicago’s Ned Frank, Fred Regnery, Jeff Devine, Steve Disse and Jack Rosenberg recently represented Kenall Manufacturing in the sale… Read more
Chicago Riverwalk Vendors Begin Phased Reopening
The Lightfoot administration is reopening the Chicago Riverwalk for the use of residents and visitors, with Island Party Hut, Beat… Read more
Marshall Field’s Warehouse Redevelopment Seeks Equity Partner
New York City-based Knickpoint Ventures is seeking a joint venture partner to invest in the Fields, a $191-million redevelopment of… Read more
Maverick Arranges Loan on Far South Side Retail Center
Maverick Commercial Mortgage recently closed a loan of $1,580,000 for Maplepark Marketplace, a community retail and service center in the… Read more
U. of Chicago Launches Accelerator for Quantum Startups
The University of Chicago’s Polsky Center for Entrepreneurship and Innovation and the Chicago Quantum Exchange have launched Duality, reportedly the nation’s first accelerator program dedicated exclusively… Read more
Clear Height Recapitalizes 15-Asset Portfolio in JV with Harbert
Clear Height Properties has completed a 15-property, $55-million-plus recapitalization through the formation of a joint venture partnership with Harbert U.S.… Read more
Sale of “Pandemic-Affected” West Loop Property Bodes Well for Market
Greenstone Partners closed the sale of a 100% leased mixed‐use property at 1020 W. Madison in the West Loop for… Read more
Hines Taps Stream Realty to Lease Mass Timber Project
The Chicago office of Stream Realty Partners has been engaged by Hines to lease T3 Goose Island, a proposed 270,000-square-foot… Read more
North Lawndale Apartments Trade to Private Buyer
Marcus & Millichap closed the sale of a six-unit apartment in the West Side’s North Lawndale neighborhood. The asset sold… Read more
Last Chance: Nominate a Rising Star for Our Fifth Annual Next Generation Awards
Connect Media’s fourth annual Next Generation Awards in 2020 shone a light on more than 100 of commercial real estate’s… Read more
Landmark Hotel Essex Will Rebrand with Le Méridien Flag
Oxford Hotels & Resorts, the Chicago-based hotel management affiliate of Oxford Capital Group, is rebranding Hotel Essex, the luxury lifestyle hotel located… Read more
Meridian Arranges Refi on Geothermal Mixed-Use in Lakeview
Meridian Capital Group arranged $57 million in financing to refinance The Residences at Eagle Building, a newly constructed, mixed-use, geothermal property in… Read more