Chicago
Merchants Capital Names National Head of Production
Mortgage banking company Merchants Capital has hired Dwayne George as EVP, national head of production. He’ll lead Merchant’s sales offices in New York,… Read more
Vacancies Rise 100 BPs in Chicago CBD
Chicago’s CBD reported 925,008 square feet of negative net absorption in the second quarter of 2020, according to Colliers International’s… Read more
Conor Signs E-Commerce Tenant to Full-Building Lease
Conor Commercial Real Estate has finalized a full-building lease with one of the world’s largest e-commerce retailers at Last Mile… Read more
Scion Group Launches “Campus Connections” Program
The Scion Group, the Chicago-based owner and operator of student housing communities, launched Scion Campus Connections. It’s a new strategic initiative… Read more
DHL Express Opens First Chicago Store
DHL Express recently opened its first DHL fully-branded, company-owned retail shipping store in Chicago. The second fully branded store to… Read more
Illinois Awards Tax Credits for 21 Affordable Projects
The Illinois Housing Development Authority (IHDA) Board announced conditional awards totaling more than $26 million in federal Low-Income Housing Tax… Read more
Sharko/Weisenbeck Team Closes Deal for Hoffman Estates Retail
Marcus & Millichap finalized the sale of Huntington Plaza, a 33,687-square foot retail property in Hoffman Estates, IL. The shopping center… Read more
Are Large Financing Transactions Back?
By Paul Bubny Last month, SL Green Realty Corp. closed on a $510-million mortgage financing that was secured by 220… Read more
Smart Building Platform Cohesion Raises $6.5M in Seed Round
Cohesion, an early-stage smart building SaaS company headquartered in Chicago, raised $6.5 million in seed funding to further invest in… Read more
First Industrial Garners $200M Refi
First Industrial Realty Trust entered into a new unsecured term loan facility that refinances its $200-million unsecured term loan facility previously scheduled… Read more
Walker & Dunlop Structures $52M Debt on Manufactured Housing
Walker & Dunlop structured $51,723,000 in Freddie Mac financing for three manufactured housing communities in suburban Chicago. The portfolio consists of three all-age… Read more
JLL Partners with SGS to Verify Clients’ Office Cleanliness
JLL said Wednesday it’s collaborating with SGS, a leading inspection, verification, testing and certification company, to help building owners and… Read morePritzker Spells Out Mitigation Strategy for COVID Upticks
With coronavirus cases starting to tick back upward in some parts of Illinois, Gov. JB Pritzker on Wednesday laid out… Read more
Allianz, Manulife Tap Transwestern for West Loop Assignment
Transwestern Real Estate Services was selected by Allianz Real Estate and Manulife Investment Management to provide leasing services for 191 N.… Read more
Transwestern Development Adds Ted Staszak to Logistics Group
Transwestern Development Company (TDC) expanded its National Logistics Group, adding Chicago-based Ted Staszak. In his role as VP of development, Staszak… Read more
Ryan Announces Name, Development Partners for St. Paul Ford Site
Ryan Companies on Tuesday announced the new name of its $1.3-billion redevelopment of the 122-acre former Ford site in St. Paul, MN: Highland… Read more
Mid-Market Apartment Metrics Remain Chicago Strong
Chicago’s mid-market apartment metrics remain strong amid the overhang of the COVID-19 pandemic and the gradual reopening, the Kiser Group… Read more
SC Johnson Leases 400K-SF Warehouse in Pullman
SC Johnson has leased a new 400,000-square-foot building in the Pullman Crossings industrial park for its Methods cleaning products brand,… Read more
IT Tenant Embraces Work-from-Home Model in Move to Concourse Chicago
A new lease at Berger Asset Management’s Concourse Chicago demonstrates how businesses may alter their space considerations and leasing strategies… Read more