Chicago
JLL Arranges Refi on Ricketts’ Gallagher Way MXU
The Ricketts family’s real estate arm refinanced the recently-completed Gallagher Way mixed-use development for $140 million, via a loan arranged… Read more
Experts Question Recent Opportunity Zone Article
by Amy Sorter By now, most understand that the Opportunity Zone program is meant to pump resources into lower-income areas.… Read more
National Opportunity Zones Academy Launches in Five Cities
The Rockefeller Foundation and Smart Growth America (SGA) joined forces to launch the National Opportunity Zones Academy. The academy, which… Read more
Drybar’s Webb Reveals Secrets to Launching a Concept that Explodes
Connect Media joined more than 3,000 attendees at ICSC’s 2019 Western Conference and Deal Making confab that kicked-off this week… Read more
Escape from L.A. & N.Y.: Renters Seek Lower Prices
Rising rents are leading people considering a relocation to a different metro area to increasingly search for homes and apartments… Read more
Mixed-Income Project in Washington Park Represents a Chicago First
A new mixed-use, mixed income development, KLEO Art Residences, 5504 S. Michigan Ave., recently opened in the South Side’s Washington… Read more
Lightfoot Taps PR Veteran as Next Chair of Choose Chicago
Mayor Lori Lightfoot named Glenn Eden as board chair for Choose Chicago, the city’s tourism and business travel marketing organization.… Read more
NorthMarq Arranges Refi on Twin Cities Affordable
NorthMarq Minneapolis’ Michael Padilla arranged the $12.75-million refinance of St. Paul Preservation Portfolio. The five-property portfolio in St. Paul, MN contains a… Read more
Amazon Will Double Chicago Headcount, Add 70K SF at Tech Hub
Amazon plans to expand its Chicago Tech Hub and create 400 new tech jobs in fields including cloud computing, advertising,… Read more
Credit Card Processor Goes Direct at Rosemont’s Pointe O’Hare
Colliers International | Chicago’s Sven Sykes, Tom Volini and Brent Jacob represented TransNational Payments Inc. in its 26,239-square-foot lease at… Read more
Kiser Brokers Uptown Deconversion in Its Fourth Sale of the Property
Kiser Group recently brokered Dover Court Condominiums in the North Side’s Uptown neighborhood for $12.5 million in a Section 15… Read more
We’re Looking for 90 of CRE’s Most Influential Women
Darcy Stacom. Amy Price. Lisa Picard. Randy Fifield. These are just a few of the influential women Connect Media honored… Read more
High-Vacancy Deerfield Office Sells as Value-Add
Transwestern Commercial Services (TCS) brokered the sale of 1717 Deerfield Rd. in Deerfield, IL. The 147,096-square-foot office property was purchased by Canada-based… Read more
Chicago Again Leads U.S. in Foreign Direct Investment
For the seventh consecutive year, Chicago leads the U.S. and North America in foreign direct investment (FDI), according to the… Read more
Aerospace Firm Commits to Indianapolis Location
HSA Commercial Real Estate executed a 56,592-square-foot lease with Safran Nacelles Services Americas LLC at its Gateway V distribution center in… Read more
CBRE Markets Ground Lease Opportunity in Fulton Market
CBRE has been retained by Bridgford Foods Corporation to offer for long-term lease 170 N. Green St., a 156,000-square-foot food processing… Read more
Connelly Elevated to Principal at 33 Realty
Sean Connelly has been named principal at 33 Realty. A leading middle-market broker specializing in multifamily, Connelly has amassed career transactions valued at $400… Read more
Out-of-State LLC Picks Up St. Louis Retail
Marcus & Millichap arranged the sale of Tenholder Plaza, a 44,339-square foot retail property located in St. Louis. Financial terms… Read more
Triple-Net Infill Industrial Trades in North Center
Greenstone Partners arranged the sale of 2950 N. Oakley Ave., a 42,000-square-foot urban infill industrial property in the North Side’s… Read more