Chicago
Draper and Kramer Adds to Portfolio with River North Rentals
Draper and Kramer expanded its multifamily portfolio by acquiring HUBBARD221, a 195-unit luxury apartment tower in River North. The acquisition completed a… Read more
Logan Square Seller Achieves 75% Markup on 2015 Buy
Essex Realty Group, Inc. arranged the sale of 3137 W. Wellington Ave., a 12-unit apartment building in Logan Square. After performing… Read more
Inland Bank Names Community Banking Veteran as SVP
Inland Bank and Trust, headquartered in Oak Brook, IL, appointed Michael Corr as SVP and manager of business banking. He… Read more
LaSalle Advises Mix of Offense and Defense in 2020 Investing
The U.S. and Canadian real estate markets are projected to remain stable in 2020, as both economies are expected to… Read more
Chicago Residential Continues Run of Ebbing Sales, Rising Prices
Home sales in Chicago ebbed 10.4% in November from a year ago, marking the city’s 16th consecutive month of declines,… Read more
Law Firm Commits to Full Floor at Golub’s The 300
Chicago law firm Schoenberg Finkel Newman & Rosenberg (SFNR) signed a 15,460-square-foot, long-term lease at Golub & Company’s The 300, located at 300 S. Wacker Ave in… Read more
Willis Tower Now Nation’s Largest LEED Platinum Building
Willis Tower is now the largest building in the U.S. to earn the U.S. Green Building Council’s LEED (Leadership in Energy and… Read more
Value-Add Comes to Market Between Gold Coast, River North
Kiser Group and Zacuto Group have brought 56 E. Chicago Ave. to market. The six-story mixed-use value-add is being marketed… Read more
Lincoln Yards’ First Public Park Has Winter Hours
Sterling Bay’s Fleet Fields, the company’s first public park space at its Lincoln Yards mega-project, will remain open to the… Read more
Ryan Companies Plans Entry into Fulton Market
Add Ryan Companies to the roster of developers with major projects in the Fulton Market District. A partnership of Ryan… Read more
JLL Lines Up $320M Recap for Midwest Industrial Portfolio
JLL arranged a $319.6-million recapitalization and $210-million financing for a 33-building, Class A, logistics portfolio totaling 4.1 million square feet in… Read more
Chicago’s First C-PACE Funding Goes to Hotel Redevelopment
Counterpointe Sustainable Real Estate (SRE) closed on what’s reportedly Chicago’s C-PACE program financing. It provided $21.25 million in private capital to an… Read more
Cresa Chicago Adds Business Manager
Robin Wermuth has joined Cresa’s Chicago office as business manager. She’ll oversee day-to-day business operations for the Chicago area, handling all… Read more
Bridge Development, PGIM RE JV on Cold Storage
Bridge Development Partners LLC and PGIM Real Estate launched a $150-million national cold storage investment program, targeting $400 million in assets. The… Read more
Greenstone Closes on Sale of Armitage Ave. Mixed-Use
Greenstone Partners closed on the sale of 907 W. Armitage Ave., a 4,800 square foot mixed-use building in Lincoln Park,… Read more
US Foods Inks Chicago Suburbs’ Biggest Office Lease Since ‘17
US Foods renewed its 275,000-square-foot lease at Riverway in Rosemont, IL, where it has been a tenant since 2005. It’s… Read more
Cinergy Entertainment Taps JLL for Expansion Assistance
Cinergy Entertainment Group Inc. is expanding from its Texas and Oklahoma locations, with plans for a stronger national presence. The… Read more
Investors Warm Up to Cold Storage Deals
As online grocery sales continue to proliferate, investors increasingly are warming up to the U.S. cold storage warehousing sector, pushing… Read more
Chicago Leads Nation in MOB Absorption, Deliveries
Chicago leads the nation for net absorption and deliveries of medical office product through the second quarter, CBRE says in a… Read more