Chicago
Five-Building Portfolio Trades in Joliet, Crest Hill
Marcus & Millichap finalized the sale of a five-building apartment portfolio in Joliet and Crest Hill, IL. The portfolio changed hands for $1,760,000. Adam… Read more
Pearlmark Provides $45M Preferred Equity for Delray Beach MXU Project
Chicago-based investment firm Pearlmark has closed on a $44.6 million preferred equity investment for the development of Atlantic Crossing, a… Read more
Metra Bridge Project in Irving Park Receives Federal Grant
Transit agency Metra will receive $17.8 million in federal funding to rebuild the 120-year-old rail bridge in the North Side’s… Read more
Chicago Home Sales Drop Y-O-Y as Metro Area Inches Up
Home sales in Chicago posted a 5.3% year-over-year decline in July, the Illinois Association of Realtors reported. For the nine-county… Read more
Venture One Adds Des Plaines Industrial to Portfolio
Venture One Real Estate has acquired a 171,022-square-foot, two-building industrial portfolio at 76 Bradrock Dr. and 31 E Oakton St.… Read more
CBRE Arranges Parcel Sale within Grand Rapids-Area Site
CBRE recently represented Granger Group in the sale of 33.4 acres at 5650 Wilson Avenue SW in Wyoming, MI, near… Read more
John Buck Venture Puts Former CNA Tower Up for Sale
A venture of The John Buck Company (TJBC) has hired JLL to market CNA Financial’s former East Loop headquarters building… Read more
Art Installation Coming to Lincoln Yards, One Letter at a Time
Sterling Bay is launching Alphabet Monsters, a public street art installation at Lincoln Yards, the company’s mixed-use development along the… Read more
Downtown Chicago’s Apartment Glut Could Become Shortage Instead
Worries about having too many new apartments in downtown Chicago may prove to be unfounded in the near term. The… Read more
J.C. Anderson Completes Tenant Amenities at Aon Center
J.C. Anderson completed a 29,000-square-foot renovation project at the Aon Center. 601W Companies, owner of the 83-story office tower, hired the firm… Read more
Kinzie Corridor Value-Add Site Hits the Market
Seeking to attract investors who are getting priced out of the West Loop and Fulton Market, an investment opportunity is… Read more
Uber Will Anchor Old Post Office with 463K-SF Lease
Uber Technologies has signed a 10-year lease for 463,000 square feet to anchor 601W Companies’ redevelopment of the Old Post… Read more
Chicagoland Big-Box Vacancies Tick Upward Thanks to New Deliveries
Net absorption for the Chicago region’s big-box industrial properties totaled 3.1 million square feet in the second quarter, bringing the… Read more
Established SW Side Retail Trades to Denver Investor
Mid-America Real Estate Corporation’s investment sales team recently brokered the sale of Midway Square on the city’s Southwest Side. The 55,332-square-foot… Read more
Harrison Street Raises $1.6B for 7th U.S. Opportunistic Fund
Harrison Street closed on its seventh U.S. opportunistic real estate fund, Harrison Street Real Estate Partners VII L.P., at the fund’s hard cap… Read more
Tucker Development Relocates HQ to Fulton Market
Tucker Development is relocating its headquarters from the northern suburb of Highland Park, IL to 954 W. Washington Blvd. in the… Read more
Cawley Team Markets Three-Bldg. Lakeview Portfolio
Cawley Chicago’s urban development team of Zach Pruitt and Nicholas Schaefer will represent ownership on the disposition of a three-building portfolio… Read more
Avanath Acquires Trio of Affordable Assets in Chicago, Maryland for $55M
Irvine, CA-based Avanath Capital Management, LLC acquired three affordable housing communities with a combined total of 317 units in Chicago… Read more
Congratulations to 2019’s Next Generation Award Winners
Connect Media is pleased to announce the recipients of our third annual Next Generation Awards. We chose 90 young leaders… Read more