Chicago
MREIC Adds Mission-Critical Toyota Tsusho Facility
Monmouth Real Estate Investment Corporation (MREIC) has acquired a newly-built 350,000-square-foot industrial building at 5440 Haggerty Ln. in Lafayette, IN for… Read more
AIA Brings Four-Building South Shore Portfolio to Market
Apartment Investment Advisors (AIA) is marketing a four-building, 208-unit mid-rise portfolio in South Shore. The asking price is $16,200,000, or… Read more
Belgravia Unveils Model Condos at River North Project
Coinciding with first move-ins at its Three Sixty West residential condominium development in River North, Belgravia Group has also unveiled decorated models at… Read more
Construction Exec Melone Joins Morgan / Harbour Team
Richard Melone has joined Morgan / Harbour Construction as project executive in the company’s Willowbrook, IL headquarters. Previously a project… Read more
Illinois Sees Unemployment Drop in All 14 Metro Areas
Illinois gained 94,700 nonfarm jobs over the 12 months ended June 30, with all 14 metro areas seeing unemployment declines,… Read more
Interra Brokers South Shore’s Largest Deal in 10 Years
Interra Realty brokered the $16.8-million, 238-unit sale of Shorewind Towers and Shorewind Court in South Shore. The two-property transaction was… Read more
Chicago’s Port to Get Overdue Upgrades Through TIF
The Great Lakes’ largest port will make overdue infrastructure upgrades through financial assistance approved by the Chicago City Council. The… Read more
Family-Owned Produce Store Goes to Market for Redevelopment
Paine Wetzel Commercial Real Estate and MWA Capital Advisors have been hired by the Panagiotaros family to market the former… Read more
Fast-fashion Retailer Coming to Gold Coast
Fast-fashion retailer Reformation will open its first Chicago store in Acadia Realty Trust’s Gold Coast portfolio, Crain’s Chicago Business reported.… Read more
Stan Johnson Elevates Harf to Regional Director
Stan Johnson Company has promoted Isaiah Harf to regional director in the Chicago office. Harf, who joined SJC in 2011,… Read more
Banyan Picks Up Trio of Madison Hotel Properties
Banyan Investment Group completed the $50-million acquisition of a three-hotel portfolio in Madison, WI. The company will also operate the… Read more
Best Buy’s Mag Mile Store Will Go Dark
Best Buy plans to close its flagship store in the former John Hancock Center, the Chicago Tribune reported. The two-level,… Read more
CA Industrial Launches Build of First Chicago-Area Project
Chicago-based CA Industrial, the industrial investment and development division of CA Ventures, has started construction on CA Elk Grove, a 146,029-square-foot speculative Class A… Read more
Colliers Arranges Office Condo Sale in Fulton Market
Colliers International Chicago’s Michael Senner and Thomas Volini represented West Fulton 1400 LLC in the sale of a 69% condominium interest in… Read more
Increase in Chicago’s Transfer Tax is Back on the Table
Community groups and the Chicago Coalition for the Homeless are renewing their call for an increase to the city’s real… Read more
MHub Plans $15M Fund to Back Hardware Startups
Fresh off opening its new headquarters in West Town, manufacturing incubator MHub said it planned to raise a $15-million fund… Read more
Hanley’s Lefko and Asher Close on Triple-Net Aldi
Hanley Investment Group Real Estate Advisors arranged the pre-sale of a new-construction, single-tenant Aldi at Litchfield Plaza shopping center in Litchfield, IL.… Read more
Aldermen Want Protections for Affordable Housing Near Obama Center
Two South Side aldermen plan to introduce a community benefits agreement (CBA) intended to prevent the proposed, $500-million Obama Presidential… Read more
Chicago Home Sales See Double-Digit Drop
Chicago-area home sales, including condominiums, posted double-digit declines in June, the Illinois Association of Realtors said Tuesday. It represented the… Read more