Chicago
Chicago SIOR Supports Trunk Scholarships for 8th Year
The Chicago chapter of SIOR has donated 22 Trunk Scholarships to support the Ada S. McKinley College-Bound Trunk Scholarship program… Read more
U.S. Steel Plans $750M Upgrade to Gary Facility
U.S. Steel has big plans for its 110-year-old Gary, IN plant. Company President David Burritt says that the steelmaker plans… Read more
Capstone, Harrison Street in Fourth On-Campus Development
Capstone Development Partners and Harrison Street Real Estate Capital have closed on equity financing for an on-campus, mixed-use student housing… Read more
Industrious Doubles Chicago Workspace Footprint with Assemble Deal
Workspace provider Industrious, headquartered in New York City, has acquired locally based Assemble. The deal will include 42,000 square feet… Read more
City Expands ‘Neighborhoods Now’ Program to 6 New Areas
Building on the “Chicago Neighborhoods Now” program that was launched in 2013, the Emanuel administration has added six more neighborhoods… Read more
Skender Completes POAH Project in Woodlawn
Serving as base building and interior construction manager, Skender recently completed Woodlawn Station, a transit-oriented affordable housing development in the… Read more
Lear Opens New Automotive Supply Plant in Flint
Automotive supplier Lear Corporation recently celebrated the grand opening of a new seating facility in Flint, MI. The facility, the… Read more
Chicago’s Homebuilding Rate is Among the Lowest
If Chicago-area homebuilders maintained the same pace as they did between 1985 and 2000, the Chicago area would have about… Read more
Salazar Re-launches Champion Realty with Focus on Outdoor Storage
Chicago real estate veteran J.D. Salazar has re-launched Champion Realty Advisors, an entity he created in 1997, with a new… Read more
Kinzie Hotel in River North Lands $30M Refi
HFF has arranged a $30.5-million refinancing for the Kinzie Hotel, a 215-room boutique property in Chicago’s River North neighborhood. The… Read more
Aries Conlon Rebrands to Mag Mile Capital
Aries Conlon Capital is rebranding to Mag Mile Capital and relocating its headquarters to Willis Tower. CEO Rushi Shah (pictured)… Read more
Big Box Leasing Volume Reaches 2-Year High
New leases totaled 4.1 million square feet among 19 new leases signed in Chicago-area big box industrial properties during the… Read more
CTA Adds Upgraded Security Cameras Across System
The Emanuel administration, Chicago Police Department and Chicago Transit Authority announced upgrades to security cameras at CTA stations, as part… Read more
Rush Street Capital Expands with 2 New Hires
Rush Street Capital has expanded its team with two new associates, Patrick Kelly and James Sheehan. Both will be focused… Read more
Spaces RE Establishes West Loop Presence
Residential brokerage Spaces Real Estate has opened a new office at 1035 W. Lake St. in the West Loop neighborhood.… Read more
JLL Lines Up Debt for Group RMC Deal in East-West Corridor
JLL has arranged $63 million in acquisition financing for Executive Towers West, a three-building suburban office campus in Downers Grove,… Read more
Nelson Brothers Makes First Student Housing Deal in Chicago
Reflecting the investor appeal of student housing generally, and Chicago properties in particular, Nelson Brothers’ NB Private Capital has made… Read more
InvenTrust Names Northwood’s Black to Board, Promotes SVP David
Retail REIT InvenTrust Properties has named Northwood Securities’ Amanda Black to its board, while promoting SVP Christy David (pictured) to… Read more
Hyde Park Apartments Trade for $9M
Essex Realty Group has brokered the $9.15-million sale of 6140 S. Drexel Ave., an 86-unit apartment building in Hyde Park.… Read more