Chicago
2020 Next Generation Honoree: Partner Engineering & Science, Inc.’s Brett Hayes Goes Above and Beyond
As a professional civil engineer and national client manager at Partner, Brett Hayes leverages his 12 years of engineering and… Read more
2020 Next Generation Honoree: Savills’ Patrick Brady Has Acumen for Analysis
Managing director at Savills in Chicago, Patrick Brady has applied his acumen for analysis and grasping the bigger picture to… Read more
New Platform Aims to Buy and Turn Around Hospitals Facing Closure
Call it a special-purpose vehicle for distressed real estate acquisitions. A vehicle known as StoneBridge Healthcare LLC has been launched… Read more
Muscle Maker Grill Opens Second Chicago Ghost Kitchen
Muscle Maker, Inc., the parent company of Muscle Maker Grill, has opened its second delivery-only ghost kitchen in the Chicago… Read more
Portfolio Trades for $18M in “Low-Velocity” Kenwood Market
Interra Realty brokered the $17.975-million sale of a six-building multifamily portfolio in the South Side’s Kenwood neighborhood. The portfolio includes 4001 S.… Read more
City to Launch Next Round of Opportunity Fund Grants
The latest round of the City of Chicago’s Neighborhood Opportunity Fund (NOF) will open for grant applications from entrepreneurs and… Read more
Chicago Office Tenants Return to the Leasing Market
Despite the continuing pandemic, Chicago’s office sector remains active and represents opportunity, Cawley Chicago says in a new report. The… Read more
Rick Bayless’ Airport Torta Concept Heads Downtown
Tortas Frontera, the O’Hare airport Mexican sandwich concept from chef Rick Bayless, is coming to downtown Chicago through a new… Read more
Lee IL Adds Industry Veteran Douglas Altenberger
Industry veteran Douglas Altenberger has joined the industrial team at Lee & Associates of Illinois. As EVP, he will work on sales… Read more
Biotech Firm Inks Full-Building Lease in Franklin Park
Biotechnology company Pivot Bio is expanding its Chicago-area operations with a 113,747-square-foot, full-building industrial lease in Franklin Park, IL, within… Read more
Common Issues RFP on Remote Work Hub
Co-living brand Common issued a request for proposals on its newest project, the Remote Work Hub. The Manhattan-based operator and developer… Read more
Sparse Attendance Pushes Navy Pier to Close Until Spring
One of Chicago’s signature tourist attractions, Navy Pier will implement a temporary pier-wide closure the day after Labor Day and… Read more
Associated Bank Provides Loan for South Shore Multifamily Deal
Associated Bank recently completed a $1,360,000 loan for 312 Properties for the acquisition of a three-story, 13-unit residential building. The… Read more
Chicago Bears Rule Out Allowing Fans at Home Games
The Chicago Bears will keep fans out of home games indefinitely. The NFL franchise announced the decision Monday, after discussions… Read more
Rent the Runway Shifts from Retail Stores to Drop Boxes
Clothing subscription company Rent the Runway will close all of its retail stores, including its Union Square flagship. Rent the Runway… Read more
ACRE Provides $69M Refi on Cincy MXU
Global real estate private equity and debt firm Asia Capital Real Estate (ACRE) has provided $68.5 million of floating-rate debt for the refinance of City Club Apartments, also… Read more
Chicago Could Add 220M SF of Industrial Space by 2025
With the expansion of e-commerce, demand for industrial distribution space will continue to increase, and Chicago’s projected to add up… Read more
Lightfoot Unveils New Anti-Looting Plan
The Lightfoot administration on Friday announced a new plan to protect Chicago’s commercial corridors, neighborhood businesses and communities from the… Read more
Mosaic Construction Adds Two to Team
Chicago-based Mosaic Construction, LLC has added Neil Power as production manager and Jared Maurer as project manager. Between them, Power and Maurer bring more than… Read more