Chicago
Belgravia Launches Work on Triangle Square Condos
Belgravia Group, Ltd. started construction on 66 condominiums at Triangle Square, a mixed-use development at 1701 W. Webster Ave. in the North… Read more
Cresset-Diversified Closes QOZ Fund at $465M
Cresset and Diversified Real Estate Capital closed on their first Qualified Opportunity Zone (QOZ) fund, the Cresset-Diversified QOZ Fund, after raising $465… Read more
Chicago Ranks Fifth for Large-Scale Office Leases
Although Manhattan claimed the top spot for share of large office leases in 2019, especially among tech-oriented tenants, Chicago ranks… Read more
F&F/Fifield Project in West Loop Reaches 90% Leased
Leasing has reached 90% at 727 West Madison, a 492-unit luxury apartment building in the West Loop co-developed by F&F Realty, Ltd. and Fifield Cos. Reportedly,… Read more
Shuttered Restaurant on Near West Side Sells to Chefs
A 3,000-square-foot mixed-use building and business assets located at 1001 N. Winchester Ave. on the Near West Side, formerly home… Read more
NYC Apartment Growth Runs Slightly Ahead of State, U.S. Averages
New York City rents have declined 0.1% over the past month, but are up moderately by 2.2% from a year… Read more
ServerFarm, NYI Forge Chicago-Area Data Center Partnership
ServerFarm, a California-based data center developer, and NYI, which provides managed hybrid IT solutions, have formed a partnership to support the… Read more
Industrial Midwest Speaker Jim Martell Sees the Opportunities
With more than 40 years’ experience in all facets of commercial real estate, Jim Martell could hold forth on any… Read more
Quantum Sells Newly-Built Wendy’s in Net Lease Deal
Quantum Real Estate Advisors completed the sale of a freestanding 2,158-square-foot Wendy’s located at 2401 N. Illinois Rte. 23, Streator,… Read more
Boutique Condo Project Tops Out in West Loop
EVEQ West Loop, a new 32-unit condominium mid-rise in the West Loop, has topped off, and the building is on pace… Read more
McDonald’s Global Headquarters Goes on the Sales Block
Sterling Bay is selling 110 N. Carpenter St., the global headquarters of McDonald’s in the Fulton Market District. The company… Read more
Colliers Duo Arranges Sales Totaling 500K+ SF
Colliers International | Chicago’s Jeff Devine and Steve Disse arranged the sale of two suburban properties totaling more than 510,000… Read more
Rogers Park Deal Shows Continued Hunger for Deconversions
Interra Realty brokered the deconversion sale of 1638-44 W. Greenleaf Ave., a 40-unit multifamily building in the North Side’s Rogers Park… Read more
Optima Leases All 22 Business Suites at Streeterville Resi Tower
Optima, Inc. has leased all 22 furnished office suites at Optima Signature, its 57-story, 490-unit Class A apartment tower at 220 E. Illinois… Read more
West Loop Office Tower Could Sell for $900M
A joint venture of Riverside Investment & Development and Wanxiang America Real Estate has hired JLL to help market 150… Read more
CMK, Greystar Launch Pre-leasing at Printer’s Row Apartment High-Rise
Pre-leasing has begun at CMK Companies’ 717 S. Clark St. in the South Loop, the future Imprint Apartment Homes. Located… Read more
Inland Bank Lends on LPC’s Spec Build in McKinley Park
Inland Bank and Trust and Logistics Property Company (LPC) closed a $10-million construction loan for the development of LPC’s 3711 S. Ashland… Read more
NorthMarq’s Frankel Arranges Debt on Industrial Flex in OH, IL
NorthMarq’s Chicago-based Jeff Frankel negotiated acquisition financing totaling $16.9 million for two industrial/flex office properties located in Des Plaines, IL… Read more
City Council Weighs Incentives to Rehab Ramova Theater
Vacant for nearly 35 years, the 90-year-old Ramova Theater in Bridgeport would be rehabilitated as part of a $22.9-million entertainment… Read more