Chicago
Atlantic Bank Building Sees Rebirth as Boutique Hotel
The historic Atlantic Bank Building, vacant for a decade, will see new life as a boutique hotel named for a… Read more
C.H. Robinson Sets Up Shop at Lincoln Yards BTS
Third-party logistics provider C.H. Robinson has set up shop at Sterling Bay’s Lincoln Yards mixed-use development in Chicago’s Lincoln Park,… Read more
CMBS Delinquencies Remain Elevated in Chicago
As July ended, Chicago’s CMBS delinquency rate was the third-highest of major U.S. metros at 5.3%, according to Trepp data.… Read moreGCG Financial Expands at Deerfield’s Three Parkway North
GCG Financial, an Alera Group company, has expanded and extended its lease to occupy approximately 45,000 square feet of office… Read more
Pembrook Donates to SW Side School as Part of Outreach Program
Pembrook Capital Management LLC has donated to Louis Pasteur Elementary School, a community elementary school dedicated to maximizing the potential… Read more
The Case for Buying Industrial and the Case for Selling It
Connect Media put three industrial experts in front of the camera at our recent Connect Industrial conference in Chicago. We… Read more
THE HIRING SQUAD: How A Strategic Recruiting Partner Can Support Your Business Growth
In this edition of The Hiring Squad, Kent Elliott, principal at RETS Associates, a leading national real estate recruiting firm,… Read more
Multi-Tenant O’Hare Industrial Trades to ML Realty
ML Realty Partners has picked up a multi-tenant industrial building at 300-330 County Line Rd. in Bensenville, IL for an… Read more
Lollapalooza Influx Provides Boost to South Side Airbnb Hosts
Airbnb hosts on Chicago’s South Side got a notable boost from Lollapalooza this past week, with an estimated 4,000 guests… Read more
Riverwalk’s Eastern Section Slated for Upgrades
Mayor Rahm Emanuel has announced $10 million in public funding for improvements to the older sections of the Chicago Riverwalk,… Read more
Oz Furnishes Senior Debt for Twin Cities Cambria Hotel Project
Choice Hotels’ third Twin Cities-area Cambria project will move forward with senior construction financing provided by an affiliate of Och-Ziff’s… Read more
Search for Industrial Leads Institutions to Class B
A lack of existing Class A industrial product on the market for sale, and competition for tenants, is pushing large… Read more
$111M Gold Coast Deconversion Plan Comes Up Short
ESG Kullen’s plan to buy 1400 N. Lake Shore Dr., a 391-unit residential condominium in Chicago’s Gold Coast neighborhood failed… Read more
Century West Launches Leasing at $280M Glendale MF
Los Angeles-based Century West Partners kicked off the leasing phase of the $280-million NEXT on Lex in Glendale, CA. The… Read more
JLL Strengthens Retail Platform in Chicago
JLL strengthened its retail platform with the addition of industry expert Steve Schwartz, who joins the firm as a SVP… Read more
Cushman & Wakefield IPO Trading Debut, Ascent to $765M
Cushman & Wakefield’s first day of trading on the New York Stock Exchange was encouraging. The Chicago-based commercial real estate… Read more
KC Restaurant Institution Changes Hands After 3 Decades
An investment group headed by David M. Block and Alex Block of Block & Company has acquired Chappell’s Restaurant &… Read more
Slate REIT Makes Second Chicago Buy of the Year
Slate Office REIT has agreed to acquire 120 South LaSalle and the adjacent parking garage in downtown Chicago for $155… Read more
Hilton Timeshare Spinoff Makes Initial Foray into Chicago
Hilton Grand Vacations, the timeshare unit of Hilton Worldwide that was spun off in 2017, has entered into a purchase-sale… Read more