Chicago
Downtown Chicago Office Posts Best Numbers Since Before Recession
Office tenants in 2019 took more space in downtown Chicago than in any year since before the Great Recession, Crain’s… Read more
Marquette Picks Up Wheeling MF in Off-Market Deal
33 Realty’s Sean Connelly represented Naperville, IL-based Marquette Companies in the off-market acquisition of the 402-unit Foxboro Apartments in Wheeling, IL. The… Read more
Mixed-Use Changes Hands in Little Italy
Greenstone Partners closed on the sale of 1352 W. Taylor St., a fully renovated mixed-use property in the Near West… Read more
Loop Alliance Readies State Street Plan
Chicago Loop Alliance is producing a State Street Corridor Plan, to be released in fall 2020. Urban design and architecture firm Site Design Group was… Read more
New Construction Expected to Ebb by 10% Across Chicago
Following a local building boom that put a record number of cranes in the air, new construction projects in Chicago… Read more
Becovic Buys Again in Rogers Park
Interra Realty brokered the sale of 7070 N. Sheridan Rd., a 24-unit rental community in the North Side’s Rogers Park neighborhood. It… Read more
McMurray Will Lead Chicago Office for Wight & Company
Mike McMurray has joined Wight & Company as president of its transportation and infrastructure group, where he will guide the… Read more
SIOR Chicago Awards Real Estate Scholarships
SIOR Chicago Chapter and the SIOR Foundation have awarded four scholarships totaling $12,000. Each of the four students received a… Read more
Howard Hughes, Riverside Sign Restaurant Group for 110 N. Wacker
The Howard Hughes Corporation (HHC) and Riverside Investment and Development have signed José Andrés’ ThinkFoodGroup and locally-based Gibsons Restaurant Group to a 17,200-square-foot restaurant… Read more
U. Illinois Hospital Plans $191M Outpatient Building
The University of Illinois Hospital and Health Science System is seeking state approval to build a $191 million, six-story outpatient… Read more
Prologis Completes $4B Acquisition of Industrial Property Trust
Prologis, Inc. (NYSE: PLD) has completed its $4 billion acquisition of the wholly-owned real estate assets of Industrial Property Trust… Read more
CA Ventures Targets $12B Spend on Student Housing, Residential
CA Ventures said Thursday it would invest $12 billion into the North American student housing and residential sectors over the… Read more
Essex Realty Brings Loyola Collection to Market
Essex Realty Group is offering a new, three-property mixed-use portfolio listing near Loyola University. The Loyola Collection features three new… Read more
Jewel-Osco Trades Near U. of Chicago Campus
Greenstone Partners closed on the sale of a single-tenant, triple-net leased Jewel-Osco near the University of Chicago campus in the… Read more
Draper and Kramer Finances Three Midwest Portfolios
Draper and Kramer’s Commercial Finance Group (CFG) closed more than $100 million in loans for three commercial real estate portfolios… Read more
CBRE Forms Capital Markets Partnership in Chicago
Chicago-based CBRE capital markets professionals Blake Johnson and Keely Polczynski will partner to pursue large office investment assignments in Chicago… Read more
Chicago’s Central Loop Poses a Redevelopment Opportunity
Chicago’s Financial District in the Central Loop, centered on historic LaSalle Street, faces the prospect of vacancies climbing beyond the… Read more
Origin, Cedar Street JV on O-Zone Project at Pilsen’s “Front Door”
Locally-based Origin Investments and Cedar Street Companies formed a joint venture to develop Pilsen Gateway, a $64.5-million multifamily project adjacent… Read more
Triple-Net Retail Pad Garners Multiple Bids in Palatine
Hanley Investment Group Real Estate Advisors recently completed the sale of a new-construction, two-tenant, retail pad building occupied by an Aspen… Read more