Chicago
CBRE Global Investors Fund Snares Six-Building Chicago Industrial Portfolio
CBRE Global Investors added a 1.4-million-square-foot Chicago-area industrial portfolio to its commercial real estate holdings. The 95%-leased, Class A warehouse… Read more
Financing Talk: Q&A with Northwestern Mutual’s Kevin Westra
Northwestern Mutual Real Estate’s Regional Director – Central Region – Kevin Westra is one of the panelists with the upcoming… Read more
9 Chicago Retail Brokers Join CBRE from Cushman & Wakefield
CBRE Group, Inc. significantly expanded its ranks in Chicago with the addition of a team of nine retail brokerage professionals… Read more
Avison Young Secures 185K SF at S. Florida Office Park
Lease agreements totaling roughly 185,000 square feet have been executed with four companies within the Sawgrass International Corporate Park in… Read more
Brennan Acquires 86-Acre O’Hare Infill Site
Chicago-based Brennan Investment Group acquired 86 acres in Chicago’s O’Hare market, and plans to develop the $1-billion Elk Grove Technology… Read more
Construction Launches on $100M Academic and Residential Complex
American Campus Communities teamed with the University of Illinois at Chicago to begin construction on a 550-bed project dubbed the… Read more
Equity Commonwealth Divests Two Assets Totaling 2.4M-SF for $670M
Equity Commonwealth is under contract to sell two commercial real estate properties totaling 2.4 million square feet for $670 million.… Read more
Chicago’s $800M, 76-story Tower Receives Panel Blessing
JDL Development received unanimous approval from the Chicago Plan Commission for One Chicago Square, a 76-story mixed-use development in Chicago’s… Read more
U.S. Life Sciences Markets Poised for Outsized Growth
The U.S. life-science industry, and by extension the real estate that supports it, is being driven to strong growth by multiple… Read more
McDonald’s Initiates Oak Brook Campus Divesture
McDonald’s is relocating to a new headquarters in Chicago’s Fulton Market district starting this spring. Leading up to that move,… Read more
Virtual Restaurants Are Heating Up
Delivery-only food providers are not new concepts, but data-mining customers’ food searches and finding restaurants to literally feed the demand… Read more
Amazon Reveals Contenders for $5B HQ2
The short list of cities still in the running for Amazon’s $5-billion HQ2 includes 20 metropolitan areas. The giant Seattle-based e-commerce… Read more
Rubenstein, Strategic Capital Expand Indy Portfolio, Again
Indianapolis-based Strategic Capital Partners, LLC and partner, Philadelphia-based Rubenstein Partners, L.P., acquired the Precedent Office Park in Indianapolis’ Keystone Crossing… Read more
Irvine Co. Leases 45K SF at Trophy Chicago Tower
Irvine Company Office Properties signed leases with Andersen Tax LLC and JAMS totaling 45,000 square feet at 71 South Wacker,… Read more
Electrolux Renews 965K SF with Duke in IL
Electrolux Home Products, Inc. renewed its 965,183-square-foot lease at Duke Realty’s Midpoint Distribution 801 in Minooka, IL. The appliance manufacturer… Read more
Chicago’s Iconic Morton Salt Site Set for Redevelopment
Connect Retail West is set for January 25th at the Hurley Surf Club Pacific City in Huntington Beach, CA. Here’s… Read more
CBRE Global Investors Fund Acquires DC-Area Retail, MF MXU
Connect Retail West is set for January 25th at the Hurley Surf Club Pacific City in Huntington Beach, CA. Here’s… Read more
Warehouse Construction Surge Lifts Industrial Land Prices
The e-commerce-fueled surge in development of warehouses and distribution centers has generated double-digit, year-over-year percentage increases in prices for industrial… Read more
National Apartment Vacancy Rate Increases, New Supply in Pipeline
The apartment market continued to face pressure from added supply in the fourth quarter, as the national vacancy rate increased… Read more