Chicago
Evanston Will See First Office High-Rise in 20 Years
Vermilion Development’s planned 210,000-square-foot, 18-story office development in Evanston, IL has gotten approval from Evanston’s City Council. The Class A… Read more
Hines Opens Upper Floors at Wolf Point East
Wolf Point East, an apartment tower within the Wolf Point mixed-use development, has introduced the Lake Collection on floors 41… Read more
Market-leading Hotel Investment Sales Team Joins CBRE in ATL
CBRE expanded its Atlanta-based hotels team with the addition of Robert J. Webster, a commercial real estate industry veteran who… Read more
Chicago Landlords, Lenders Take Solidarity Pledge
Chicago’s leading housing lenders and landlord associations, including the Chicagoland Apartment Association, have signed onto the Chicago Housing Solidarity Pledge,… Read more
WPC Breaks Ground on Silver Spring’s Tallest Tower
Washington Property Company (WPC) has broken ground for Solaire 8200 Dixon, a 403-unit, 26-story apartment tower in the heart of… Read more
Boston-Based MLL Buys Ravenswood MOB
Boston-based MLL Capital revealed itself as the previously undisclosed buyer of 1945 West Wilson in the North Side’s Ravenswood neighborhood,… Read more
Cawley Closes Warehouse Sale in Brighton Park
Cawley Chicago recently closed on the sale of a 30,000-square-foot, rail-served industrial facility located on 10.5 acres of land in… Read more
Co-working Provider MakeOffices Names New CEO
Jeffrey V. Langdon has been named CEO of Arlington, VA-based MakeOffices, succeeding Zach Wade. He will continue the evolution of… Read more
TOD Apartments Up for Sale in Downers Grove
East Village Apartments, located at 717 Rogers Ave. in Downers Grove, IL, has been listed for sale by Kiser Group.… Read more
Skender Completes Buildout at Mondelēz HQ
Skender, serving as general contractor, recently completed interior construction of the 90,000-square-foot headquarters of snack manufacturer Mondelēz International. Mondelēz is… Read more
Deal for Fulton Market Assemblage Closes Amid COVID-19
@properties Commercial completed the $19-million sale of a nearly 20,000-square-foot land assemblage in the Fulton Market District to a partnership… Read more
Near-Term Outlook is Mixed for Chicago Industrial
Chicago’s industrial market set another record during the first quarter of 2020, Colliers International reported. The market saw 14.6 million… Read more
HSA Sells MOBs in Chicago, Suburbs, WI
HSA PrimeCare finalized the sale of four medical office buildings in Illinois and Wisconsin totaling 107,828 square feet to Irvine, CA-based… Read more
Chicago Enacts Electrical Vehicle Ordinance for New Construction
The Chicago City Council passed an ordinance mandating Electric Vehicle Supply Equipment (EVSE) readiness on new-construction multifamily and commercial properties.… Read more
Q&A with Skender’s Jeff Janicek on Hospitals’ Rapid Response
Across Chicago and the metro area, the onset of the COVID-19 pandemic created a new urgency for hospitals to prepare.… Read more
Panera Bread in Joliet Trades in 1031 Exchange
Marcus & Millichap finalized the sale of a 5,077-square-foot Panera Bread in Joliet, IL. The retail property sold for $4,325,000. Austin Weisenbeck and… Read more
1031 Buyer Snags Oak Park Apartments
Interra Realty brokered the $1.45-million sale of 426 Wesley Ave., an 11-unit apartment building in Oak Park, IL, a western suburb… Read more
Murphy Development Joins Team on Skokie Resi
8000 North LLC formed a partnership with Murphy Development Group, a division of Murphy Real Estate Services, for the ownership… Read more
Carr Properties’ Paul Stromberg Joins Marcus Partners
Boston-based Marcus Partners has recruited Paul Stromberg to help lead an expansion in the Washington, D.C. metro area. As SVP of asset… Read more