Chicago
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
Public Storage Boosts Twin Cities Presence
Glendale, CA-based Public Storage recently acquired six storage locations in downtown Minneapolis and in surrounding suburbs. The rebranded storage locations… Read more
Rush U. Plans $473M Outpatient Center
Rush University Medical Center has submitted plans to construct an 11-story, 530,000-square-foot outpatient care center on Chicago’s Near West Side.… Read more
CMBS Refi for Lightstone Apts. in Detroit Area
Lightstone said Thursday that it had closed on refinancing for five multifamily rental properties in the Detroit area. The $80-million… Read more
New Home Sales Drop Y-O-Y in Chicago Region
Chicago-area new home sales increased in the second quarter, but not by enough to counteract a steep plunge in Q1,… Read more
SRS Arranges Sale of Triple-Net Leased Target
SRS Real Estate Partners’ National Net Lease Group has arranged the acquisition of a newly-constructed, single-tenant Target on behalf of… Read more
Addison & Clark Begins Pre-Leasing on Apartments
Pre-leasing has begun at The Residences at Addison & Clark, a 148-unit luxury rental development across from Wrigley Field in… Read more
Rauner, Pritzker Take Different Sides on Rent Control Issue
The outcome of the Illinois governor’s race has strong implications for apartment developers and owners in Chicago, and elsewhere in… Read more
Kendall’s Goose Island Campus to be Repurposed as Office Space
Savills Studley has been hired by Laureate Education to sublease Kendall College’s soon-to-be-vacated Goose Island campus as office space. National… Read more
Duke Inks 173k SF of Warehouse Deals
Industrial REIT Duke Realty Corporation recently signed two leases totaling more than 172,000 square feet in two of its Chicago-area… Read more
Pinterest to Join Loop’s Roster of Tech Tenants
Pinterest has confirmed that it’s planning a move to the West Loop. The San Francisco-based tech company, which provides virtual… Read more