Chicago
20 Times Square JV Dissolves in $1.5B Buyout
Winthrop Realty Liquidating Trust has closed on the sale of 701 Seventh Ave., a mixed-use project also known as 20… Read more
German Coworking Firm Makes US Debut in Chicago
German coworking firm Rent24 recently opened a 15,000-square-foot space in a loft office building at Chicago’s 444 N. Wabash Ave.,… Read more
Two Leading Chicago Property Tax Law Firms Merge
Two of Chicago’s most established property tax law firms, O’Keefe Lyons & Hynes, LLC, and McCracken, Walsh, Carlisle & de… Read more
Cook County Land Bank Offers Lots at Below-Market Rates
The Cook County Land Bank Authority has released nearly 3,200 vacant, tax-delinquent lots at below-market rates that are available for… Read more
Uptown Multifamily Trades in 1031 Deal
Interra Realty has brokered the $5.75-million sale of 5022-30 N. Winthrop Ave., a three-story, 32-unit courtyard apartment building in Chicago’s… Read more
Brian Kelley Joins Avison Young’s St. Louis Office
Avison Young’s St. Louis office has hired Brian Kelley as a principal. He’ll specialize in retail landlord and tenant representation… Read more
NAI Hiffman Arranges Trucking Firm’s Romeoville Lease
Representing Seefried Properties in joint venture with Clarion Partners, NAI Hiffman has completed a 150,364-square-foot industrial lease at the JV’s… Read more
KBS’ 500 W. Madison Wins Regional Building of the Year Honor
KBS’ 500 W. Madison in Chicago has been named a regional winner of the Building Owners and Managers Association’s The… Read more
New Bronzeville Span Advances City’s “Building on Burnham” Project
The latest project in the Emanuel administration’s Building on Burnham initiative broke ground, as city officials hoisted shovels to kick… Read more
CBD Office Landlords’ Rent Gains Tapering
Office occupiers in Chicago’s CBD showed continued willingness in 2017 to pay record rent for quality space, according to Savills… Read more
2 Days, 2 Apartment Sales for Essex
Essex Realty Group has arranged two multifamily sales on the North Side in as many days. 7301 N. Ridge Blvd.… Read more
Restaurant Group Welcomes Plan to License Sidewalk Cafes Year-Round
As part of a package of reforms to support small businesses across the city, Mayor Rahm Emanuel has proposed allowing… Read more
Dockless Biking Gets 6-Month Trial on South Side
Chicago’s Department of Transportation is launching a dockless-biking pilot program this week on the South Side, enabling users to locate… Read more
Vacant AT&T Campus May Get New Life as MXU
Although still in the early conceptual stages, a plan by New Jersey developer Somerset Development could do for the former… Read more
Net Leased Jewel Osco Trades in Orland Park
The Boulder Group recently completed the sale of a single-tenant net lease Jewel Osco property at 17930 Wolf Rd. in… Read more
Ventas, Brookdale Reach New Master Lease Agreement
Chicago-based healthcare REIT Ventas has entered into a new agreement with tenant Brookdale Senior Living that combines the leases on… Read more
Essex Brokers 2 Multifamily Sales in Crystal Lake
Essex Realty Group has arranged the sales of 431-455 Brandy Dr. (pictured) and 223-265 Uteg St. in Crystal Lake, IL… Read more
Publicis Expansion Brings 35 W. Wacker to 100% Occupancy
Publicis has expanded its already massive footprint at 35 W. Wacker Dr. by 50,000 square feet in a renewal and… Read more
Brisk Leasing, Disciplined Building Equal Industrial Success
Among the secrets of the Chicago industrial market’s success is the disciplined approach developers are taking to adding supply. Colliers… Read more