Chicago
North Wells Signs Fairgrounds Coffee & Tea at Verso Project
North Wells Capital and Urban Innovations signed Fairgrounds Coffee & Tea to a long-term lease for 2,623 square feet of ground-floor retail… Read more
601W Snares Northern Trust’s South Loop Offices
JLL Capital Markets closed the $68-million sale of 801 Canal St., a five-story, 591,577-square-foot office building in the expanding South Loop… Read more
CTA Implements Fare Payment Pilot on Two Bus Lines
Two bus lines on Chicago’s South Side will be the focal point of a Chicago Transit Authority pilot program that… Read more
Innovation Hubs Will Showcase at Venture Summit
For the third year in a row, the Chicago Venture Summit will feature seven local innovation hubs hosting industry showcases,… Read more
Jacksonville Office Tower Trades for $67M
Miami-based Easton & Associates has brokered the $67 million sale of 841 Prudential, a 20-story office tower in Jacksonville. Built… Read more
Trilogy RE Hires Matt Leiter to Lead Cap Markets Strategy
Trilogy Real Estate Group, a Chicago-based real estate investment and property management firm, has hired Matt Leiter as CFO. Leiter will lead… Read more
Beacon Capital’s 1 North Dearborn Wins TOBY from Chicago BOMA
Beacon Capital Partners’ 1 North Dearborn won The Outstanding Building of the Year (TOBY) Award in the renovated building category from the… Read more
Chicago-Area Home Sales Post Y-O-Y Gains for Second Month in a Row
Home sales in the Chicago region and statewide showed year-over-year gains for the second consecutive month after declining generally throughout… Read more
Novel Coworking Acquires 53K-SF Office Building in St. Petersburg
Coworking company Novel Coworking has acquired a five-story office building in downtown St. Petersburg for an undisclosed price. Located at… Read more
Industrial’s Top Markets by the Numbers
For net absorption, California’s Inland Empire represents an unassailable peak among U.S. industrial markets, in terms of both fourth-quarter and… Read more
Related Midwest’s Mega-Project Goes Beyond R&D Campus
The R&D campus has gotten all of the headlines recently. Gov. JB Pritzker of Illinois, Mayor Lori Lightfoot of Chicago… Read more
NAI Hiffman Hires VP, Industrial Services
NAI Hiffman appointed Jack Brennan as VP, industrial services. Brennan will assist private and institutional tenants and owners with leasing,… Read more
Ventas Launches Fund Targeting Life Science, Medical Office
Healthcare REIT Ventas has sponsored and formed the Ventas Life Science and Healthcare Real Estate Fund, L.P., a perpetual life… Read more
City Council to Weigh Landmark Status for Former Railroad HQ
The $137-million adaptive reuse of the former headquarters for the Chicago & North Western Railway Co. in the West Loop… Read more
Chicago’s TV and Film Sector is Ready for Its Close-up
Chicago enjoyed another growth year for film, television and media production in 2019. According to data from the Illinois Film… Read more
Green Courte Acquires All-Age Community near KC
Green Courte Partners’ fourth investment fund, Green Courte Real Estate Partners IV, LLC and its affiliates, acquired its 11th land-lease… Read more
Historic Warehouse Trades in Back of the Yards
Matanky Realty Group SVP Terri Cox closed on the sale of an 182,029-square-foot industrial building in the South Side’s Back… Read more
CA Ventures Will Move HQ to Its River North Project
CA Ventures is nearly doubling the size of its downtown Chicago headquarters and joining WeWork at a boutique office building that… Read more
Big-Box Industrial Demand Sets Record for Chicago
Demand for big-box industrial buildings in the Chicago region set a new record for the current cycle in 2019, totaling… Read more