Chicago
City Will Install Barriers to Stem Lakefront Flooding
With Lake Michigan near record-high water levels, the Lightfoot administration devised a citywide response plan to reduce anticipated damage at… Read more
Skender Breaks Ground on Supportive Housing in Uptown
Skender has broken ground on a new 42,000-square-foot supportive housing facility for women in the North Side’s Uptown neighborhood. The… Read more
Anbang Selling Hotel Portfolio to South Korean Investor for $5.8B+
China’s Anbang Insurance Group Co. agreed to divest a luxury hotel portfolio to Mirae Asset Global Investments for more than… Read more
Chicago-Area Leasing Volume Dips to Near 2009 Trough
All three of Chicago’s major leasing markets—CBD office, suburban office and Chicagoland industrial—saw the lowest volume of completed transactions since… Read more
Industrial Powerhouse Kohn Joins Avison Team
Industry veteran Steven Kohn has joined Avison Young as a principal in the company’s Rosemont, Il office. He’s tasked with helping… Read more
Lecocq Will Lead Capital Markets at CRG
CRG, the real estate arm of Clayco, has hired Mark Lecocq as SVP of finance. Based in Chicago, Lecocq will lead… Read more
Marcus & Millichap Closes on Trade of Bronzeville Retail
Marcus & Millichap arranged the sale of a 21,916-square foot retail center in the South Side’s Bronzeville neighborhood. Shadow anchored… Read more
365 Adds NJ Data Center to Portfolio
365 Data Centers, based in Norwalk, CT, added an 11th data center to its portfolio with the acquisition of NYI-NJ in Bridgewater,… Read more
Wrigleyville Apartments Reach Pricing High
Essex Realty Group closed on the sale of 3507 N. Wilton Ave., an eight-unit multifamily property one block from Chicago’s… Read more
Oak Brook Offices Land Floating-Rate Loan
JLL recently arranged a $29.8-million financing for 2001 York Rd., a 184,525-square-foot office asset in Oak Brook, IL. A JLL… Read more
Blink Muscles into Chicago with South Side Presence
Blink Fitness has made its Chicago-area debut with openings near Midway Airport on the South Side and in suburban Merrionette… Read more
HWE Expands Hotel Group with 10 Hires from HFF
Hodges Ward Elliott (HWE) has made 10 additions to its hotel group, and has opened new offices in Chicago, Dallas,… Read more
Uber Will Base Logistics Division at Old Post Office
With plans to hire more than 2,000 in Chicago, Uber Technologies has dedicated its recently-signed Old Post Office space as… Read more
North Side’s Ravenswood Sees Rare Apartment Trade
Essex Realty Group has brokered the sale of 4516 N. Seeley Ave., a six-unit apartment building in the North Side’s… Read more
Sears Will Give Way to Entertainment Venue at Ohio Mall
Washington Prime Group formed a partnership with the DeBartolo-York family to design a new four-acre athletic and entertainment green space… Read more
Nominate a Woman in Real Estate for Our 2019 Awards
For the third year in a row, Connect Media will honor women whose talent, drive, and fresh ideas have helped… Read more
Marquette/Heitman JV Exits Naperville Apt. Hold
CBRE recently represented a joint venture between the Marquette Companies and an affiliate of Heitman in the sale of River… Read more
Starbucks Sets Nov. Opening for Mag Mile Roastery, World’s Largest
Starbucks has set Nov. 15 as the opening date for its new Magnificent Mile location, the world’s largest. The 43,000-square-foot… Read more
Chicago Retail Holds Steady; New Concepts Outperform
The Chicago retail market held steady during the first half of 2019, NKF reported. Leasing was strong in some areas… Read more