Chicago
Orland Park Retail Draws Strong Investor Interest
Marcus & Millichap closed on the sale of Concordia Commons, a 23,125-square-foot shopping strip at the corner of La Grange… Read more
Lendlease Hires Sterling Bay’s Turilli as Development Manager
Lendlease has hired Paul J. Turilli as senior development manager in its Chicago office. Turilli (pictured) will lead the execution… Read more
Ready Capital Finances $69M in Loop Office Deals
Ready Capital’s National Bridge Originations Team recently provided a pair of loans totaling $69 million for Class B office acquisitions… Read more
U. of Michigan Will Add $920M Hospital at Campus Medical Center
The University of Michigan’s regents approved a $920-million project to build a 12-story adult hospital at Michigan Medicine, the Ann… Read more
Illinois Plant Will Produce 100K Amazon Electric Vans
Six months after making a $440-million investment in electric vehicle (EV) startup Rivian, Amazon has placed what’s reportedly the largest-ever… Read more
Interactive Toys”R”Us Pop-Up Coming to Chicago
Tru Kids Brands, owner of the Toys”R”Us brand, is partnering with Candytopia on an interactive experience debuting in Chicago and Atlanta. The Toys”R”Us… Read more
Chicago Lags State in Home Sales Metrics
The Chicago area’s home sales, including condominiums, declined 6.6% year-over-year in August, in line with the statewide drop of 6.7%,… Read more
Essex Realty Markets South Shore Rentals with “Easy Upside”
Essex Realty Group’s Brian Mond is marketing 6700 S. Constance Ave. with an asking price of $6,000,000. The 78-unit multifamily property built… Read more
Des Plaines Lease Shows Chicago’s Appeal for Manufacturers
Darwin Realty’s Richard G. Daly and Chris Mergenthaler represented a private partnership in the lease of its building at 1701 Birchwood Ave.… Read more
SJC Brokers Sale of National Park Service Offices in WI
Stan Johnson Company (SJC) recently completed the $7.8-million sale of 37705 Roys Point Blvd. in Bayfield, WI. The single-tenant, 26,640-square-foot… Read more
Bridge Development Trades Waukegan Portfolio to AEW
Bridge Development Partners sold three distribution buildings at Phase II of Bridge Point North Business Park in Waukegan, IL, to AEW. The buildings total… Read more
Merchants Capital Does Fannie Mae M.TEB Deal in Minneapolis
Merchants Capital has secured $16 million in construction and permanent financing for an affordable mixed-use development in Minneapolis’ North Loop.… Read more
American Street Capital Structures Permanent Debt for Chicago-Area Portfolio
American Street Capital (ASC) secured $9.64 million in permanent debt for a 149-unit, scattered-site multifamily portfolio in the Chicago suburb… Read more
Lendlease, Magellan Add to Lakeshore East with Resi Towers
Lendlease and co-developer Magellan Development Group broke ground on the Cirrus and Cascade residential towers in the Lakeshore East community.… Read more
Waterton Brings in CRE and Finance Expert as CFO
Waterton has hired Tara Marszewski as CFO, based in Chicago. She will succeed Doug Denyer, who will remain with the… Read more
Chicago Aldermen Raise Threshold for Condo Deconversion Deals
The Chicago City Council has voted to approve an ordinance that increases the majority of residential condominium owners needed to… Read more
Cboe Confirms Headquarters Move to Old Post Office
Cboe Global Markets has confirmed earlier reports that it would relocate its headquarters to 601W Companies’ redeveloped Old Post Office… Read more
GBT Realty Snaps Up Milwaukee-Area Retail
GBT Realty Corporation acquired West Allis Center, a 260,000-square foot neighborhood center in West Allis, WI, for $18.1 million. The… Read more
Fiat Chrysler Signs with Opus for Bolingbrook Space
The Opus Group signed Fiat Chrysler Automobiles (FCA) to a lease at 1325 Remington, a 112,049-square-foot building in its Carlow Corporate Center… Read more