Chicago
Brennan, Sidra Form JV for $159M Industrial Portfolio Recapitalization
HFF arranged the $159.2 million recapitalization of a fully-leased, mission-critical 11-property industrial portfolio totaling 2.77 million square feet in seven… Read more
Pre-leasing Strong for Lincoln Park MXU
Baker Development Corporation has begun pre-leasing at its ELEVATE Lincoln Park mixed-use project at 930 W. Altgeld St. It will… Read more
Mayor Goes Public with Top-Secret Video Pitch to Amazon
Some five months after giving City Council members a private screening of the city’s video presentation to Amazon as it… Read more
Cook County Has $94M in Property Taxes to Refund
Cook County property owners can recover their share of $94.1 million in unclaimed tax overpayments by filing a claim online,… Read more
Milwaukee-Area Retail Center Trades for $18M
Newport Capital Partners has acquired The Plaza, a 108,000-square-foot neighborhood retail center in the Milwaukee suburb of Brookfield, WI, from… Read more
Buildout, Brevitas Partner on Commercial Listings
Buildout, developer of marketing software for commercial brokers, has forged an alliance with sales platform Brevitas. The new partnership allows… Read more
Q&A with Lendlease’s Melissa Burch: Upside and Challenges in NYC Development
The headwinds facing developers in New York City are comparable to what Lendlease is seeing in other global gateway markets… Read more
A Fresh ‘Vibe’ for Convenience Stores
It may take two to tango, but in this case, it takes a little more to Foxtrot. There’s a relatively… Read more
AutoCanada Makes U.S. Debut with Buy of Chicago Dealerships
Illinois’ oldest family-owned car dealership will have cross-border ownership as AutoCanada acquires Grossinger Auto Group. The Edmonton, Alberta-based company will… Read more
Chicago Metro Population Slips for 3rd Consecutive Year
The population of metropolitan Chicago sustained a net loss for the third consecutive year, according to Census Bureau estimates. The… Read more
FL Investor Snaps Up Former Bar Toma Location
Florida-based investor Sterling Organization has acquired the former home of chef Tony Mantuano’s Bar Toma restaurant for $15.1 million. The… Read more
NAI Hiffman Duo Arranges Trio of Industrial Deals
The NAI Hiffman team of Mark Moran and John Whitehead has arranged three industrial leases at 1701-1735 W. Armitage Ct.… Read more
R.H. Johnson Adds Open-Air Power Center in Iowa
Kansas City-based R.H. Johnson Company has acquired Lakeport Commons, a 282,708-square-foot, open-air regional power center in Sioux City, IA, from… Read more
Vermilion Development Readies Sales for Wicker Park Condos
Vermilion Development said it would begin sales soon on Alcove M.D.P., the condominium and townhome development it’s building in Wicker… Read more
ABA Restructures, Renews 161K-SF Chicago River North Deal
The American Bar Association (ABA) restructured and renewed its 161,000-square-foot lease at Diversified Real Estate Capital’s and American Realty Advisors’… Read more
Kiser Group Promotes 2 to Broker
Mid-market multifamily brokerage Kiser Group has promoted Rick Ofman (pictured) and Stevens Haen to broker from broker associate. Both Ofman… Read more
Chicago Hotel Occupancy Off to a Flying Start in 2018
Having already set a new record for tourism in 2017, Chicago may be outdoing itself this year. Hotel demand for… Read more
Arjo Renews, Expands to 62K SF in Addison
Arjo Inc. has renewed its North American headquarters lease at Meadows Corporate Center I in Addison, IL, expanding its footprint… Read more
Elon Musk Vies for Bid on O’Hare High-Speed Rail
An Elon Musk team and a partnership including Meridiam and JLC Infrastructure will vie for the assignment of designing, building… Read more