Chicago
California Markets Rank Among Top for Net Lease Investment Volume
Research from CBRE shows three California markets were ranked among the Top 10 for total net lease investment volumes during… Read more
Optima Builds Out Montessori School at Streeterville Resi
Optima, Inc. completed the buildout of Guidepost Montessori at Magnificent Mile’s new elementary school at Optima Signature, the firm’s mixed-use development at 220 E.… Read more
Lightfoot Seeks Renewable Energy for All City-Owned Buildings
The Chicago Department of Assets, Information and Services will post a new request for proposals (RFP) on Friday to procure a renewable… Read more
Chicago Multifamily Holds Steady Despite Potential Rent Declines
Multifamily in Chicago’s suburbs is faring better than CBD product in terms of rent growth, according to Integra Realty Resources.… Read more
Palatine MOB Sells to Toronto-Based Mohawk
Toronto-based Mohawk Asset Management Corp., a private equity and alternative asset management firm specializing in healthcare real estate, acquired the… Read more
CushWake Tapped for Lease-Up at NorthPoint’s Commerce Park Chicago
NorthPoint Development selected Cushman & Wakefield to market the remaining three sites at Commerce Park Chicago, a 2.4-million-square-foot park on… Read more
Grant Thornton Adds 7 Leaders within Industry Practice
Grant Thornton LLP has appointed seven new leaders within the Chicago-based tax and advisory firm’s Industry practice. They include the… Read more
Nominate a Woman in Real Estate for Our Fourth Annual Awards
Nominations for the 2020 Women in Real Estate Awards have opened, and we welcome your input. For the fourth consecutive… Read more
Mark Stern Joins JLL Capital Markets in Chicago
Mark Stern has joined JLL Capital Markets as a managing director in its Chicago office. As part of the Midwest… Read more
Mesirow Arranges Tax-Exempt P3 for University of Illinois
Mesirow Financial’s Public Finance and Credit Tenant Lease and Structured Debt Products teams acted as the senior underwriter for one… Read more
Haidilao Hot Pot Coming to Tri-Branded Hilton
James McHugh Construction Co. has begun construction of a 7,000-square-foot Haidilao Hot Pot restaurant at 107 E. Cermak Rd., on the second floor of Hiltons at… Read more
Chicago Faces $1.2B Budget Gap for Fiscal 2021
Chicago’s municipal budget forecast projects a $1.2-billion gap for fiscal year 2021. The budget gap, the largest in the city’s… Read more
Chicago Data Center Demand Remains Robust
Chicago saw the sixth-most data center leasing activity in North America in the first half of 2020, according to CBRE’s… Read more
Interra Brokers Off-Market Deal in Ravenswood
Interra Realty brokered the $5.585 million off-market sale of 2020-36 W. Montrose Ave., a 31-unit mixed-use property in the North Side’s… Read more
Porte Rentals Commissions One of City’s Largest Murals
Work is now underway to create one of the largest standalone murals in the city of Chicago. Set for completion… Read more
Sharko|Weisenbeck Team Closes Deal in Algonquin
Marcus & Millichap closed the sale of a 7,926-square-foot Walmart Supercenter outparcel in Algonquin, IL. After procuring multiple offers, the asset sold… Read more
@properties Will Open Gold Coast Flagship Office
Two weeks after an outbreak of looting on North Michigan Avenue and elsewhere in the city sparked concern that people… Read more
Becknell Industrial Adds to Capital Markets Team
Becknell Industrial has added David Keller and Ben Paolone to its capital markets team. Keller joins the Carmel, IN-based firm as… Read more
RFI Calls for Developer Input on Possible Chicago Casino
The Lightfoot administration formally launched the development process for a proposed casino in Chicago, issuing a request for information Thursday.… Read more