Chicago
Palatine Center Goes from Contract to Close in 10 Weeks
Marcus & Millichap has finalized the sale of a 50,400-square-foot retail property in Palatine, IL. The asset went from contract… Read more
Mission Capital Arranges Thorofare Loan on Mag Mile Parcel
Mission Capital Advisors’ debt and equity finance group has arranged $13 million of non-recourse, floating-rate financing on behalf of an… Read more
Emanuel: “You Can’t Win If You Don’t Compete”
Crystal City and Long Island City’s gain—a share of Amazon’s $5-billion investment in a second headquarters—is Chicago’s loss. Despite a… Read more
Belmont Village Opens Info Center Ahead of New Seniors Facility
Belmont Village Senior Living recently cut the ribbon on the company’s information center in Lincoln Park. The center is now… Read more
Matt Reilein Joins Cresset in Key Role with QOZ Fund
Impact investing veteran Matt Reilein is joining the recently launched Cresset-Diversified Qualified Opportunity Zone Fund and Cresset Partners to lead… Read more
Net Leased Jewel Osco Fetches $17M in Oak Lawn
The Boulder Group recently completed the sale of a single-tenant net leased Jewel Osco in Oak Lawn, IL for $16.6… Read more
Industrial Vacancies Tick Down to 17-Year Low
Net absorption in Chicago’s industrial market has been positive for 26 consecutive quarters through Sep. 30, and is poised to… Read more
Chicago’s Strengths Show No Signs of Ebbing, Despite Challenges
By Paul Bubny From a high-level perspective, the Chicago region has tremendous strengths that are likely to keep demand elevated… Read more
Mansueto Reportedly Buying Belden-Stratford Apts.
A few months after acquiring the Wrigley Building downtown, Morningstar founder Joe Mansueto has reportedly agreed to buy another vintage… Read more
West Town Walk-Up Changes Hands
Essex Realty Group has brokered the sale of 1455 W. Huron St., a five-unit walk-up apartment building located in the… Read more
Naperville’s Oldest Property Trades in M&M Transaction
Marcus & Millichap has arranged the sale of the Joseph Naper Building, the oldest building in Naperville, IL. The 7,050-square… Read more
Greystone Lines Up Fannie DUS Loans for Detroit-Area Apts.
Greystone has provided a total of $46.51 million in Fannie Mae DUS financing to refinance two suburban Detroit multifamily properties.… Read more
Willis Tower Scores LEED Gold on Eve of Chicago Greenbuild
On the eve of this week’s U.S. Green Building Council’s annual Greenbuild conference, occurring this year at McCormick Place, EQ… Read more
Congratulations to the 2018 Women in Real Estate
Connect Media is pleased to announce the recipients of our second annual Women in Real Estate Awards. We chose 50… Read more
Avison Young’s Mark Rose: “We’re Building for the Next 50 Years”
Coinciding with Avison Young CEO Mark Rose’s appearance at the Connect Chicago conference Thursday was news that the company had… Read more
LaSalle Launches LaSalle Global Partner Solutions
Chicago-based LaSalle Investment Management launched LaSalle Global Partner Solutions, a new fully-integrated division dedicated to building indirect investment portfolios by… Read more
R2/Skydeck Venture Buys Creative Office in Milwaukee, Minneapolis
A venture of R2 Companies and Skydeck LLC has acquired a creative office portfolio in Minneapolis and Milwaukee totaling more… Read more
Mission Capital Markets Elgin Complex for Special Servicer
Mission Capital Advisors’ asset sales group is marketing the Leslie Oaks Business Center, a 255,304-square-foot office and industrial complex in… Read more
Old Navy Opens in Morgan Park
Mayor Rahm Emanuel joined Old Navy to celebrate the company opening a new 11,600-square-foot store in Morgan Park. The store,… Read more