Chicago
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
Level Ex Doubles Down in Move to 180 N. LaSalle
Savills completed a corporate headquarters relocation for medical video game company Level Ex to Ivanhoé Cambridge’s 180 N. LaSalle St., a 760,000-square-foot… Read more
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