Chicago
Uptick in VC Funding Points to More Office Space Demand
Venture capital funding in the Chicago area and statewide hit new peaks in 2017, a level of activity that portends… Read more
Barings Real Estate Closes on DuPage Spec Industrial
Barings Real Estate has completed a contract purchase of a spec industrial property at 1365-1395 Brewster Creek Blvd. in Brewster… Read more
JLL’s Da Vinci Awards Yield 2 New Client Solutions
JLL’s annual Americas Da Vinci Awards, which recognize employee ideas that can be used to deliver new solutions to clients,… Read more
Mid-America Names Hoag, Tausk to Lead Tenant Rep Team
Mid-America Real Estate Corporation’s tenant representation division for the Chicago region will be led by partners Willie Hoag and Dan… Read more
Mortgage Rates Drive Declines in Freddie Mac’s MF Investment Market Index
Significant increases in mortgage rates drove declines in the Freddie Mac Multifamily Apartment Investment Market Index (AIMI) across most U.S. markets for the… Read more
Chicago Developer Plans Adaptive Reuse of Uptown Block
Chicago-based Cedar Street Companies plans to develop 5050 N. Broadway in Chicago’s Uptown. The block-long redevelopment of the former Combined… Read more
Chicago Stock Exchange Sold to NY Exchange’s Parent
Intercontinental Exchange (ICE), parent organization of the New York Stock Exchange, has agreed to acquire the Chicago Stock Exchange (CHX),… Read more
New Data Center Supply Spells More Options for Large Users
The third-largest data center market in the U.S., Chicago has also been a supply constrained one. However, it added 43… Read more
JLL Daily NAV REIT Lowers Fees
JLL Income Property Trust, an institutionally-managed daily NAV REIT, has reduced fees on two of its publicly available share classes.… Read more
Chicago Industrial Vacancy Ticks Downward Again
Industrial vacancies in Greater Chicago shaved another 30 basis points to end the first quarter at 8.2%, NKF reported. That… Read more
Chicago Buyer Pays $1.4B for G.H. Guenther & Son
C.H. Guenther & Son Inc., San Antonio’s oldest, still-operating family business, has been snapped up by PPC Partners, a subsidiary… Read more
Dayton Street Hires Rising Star for Underwriting
Dayton Street Partners, a niche real estate investment and development firm, has hired Joe Moriarty as an associate responsible for… Read more
Rose Center Partners on Neighborhood Strategy for Columbus, OH
The Rose Center for Public Leadership, jointly operated by the National League of Cities and the Urban Land Institute, is… Read more
Opus Partnership Launches TOD in Downtown Elmhurst
The Opus Group has launched construction on a mixed-use development in the Chicago suburb of Elmhurst, IL. The six-story, transit-oriented… Read more
Citadel Center Goes Big on Capital Improvements
Even as the Citadel Center at 131 South Dearborn has experienced a spate of large-footprint leases, ownership is springing for… Read more
Public Review Continues for Obama Center Plan
Ahead of next month’s presentation to the City Council by the Obama Foundation, city officials updated community stakeholders on potential… Read more
Truss Opens AI-Powered Space Searches to Retailers
Truss, the artificial intelligence-powered commercial space listing platform for small- to medium-sized tenants, has now expanded to retail. The company… Read more
Northlake’s Wisdom Village Wins Plaudits for Affordable Housing
Turnstone Development’s Wisdom Village of Northlake, a new senior housing complex in Northlake, IL, was recognized with the annual Gale… Read more
$176M Sale, Financing of Chicago’s Sullivan Center Office Tower
New York-based 601W Companies acquired the 833,000-square-foot office component of Sullivan Center, an iconic commercial complex in Chicago’s Loop, from… Read more