Chicago
Colliers Arranges 99K-SF Lease to Chicago Department of Aviation
Colliers‘ Jonathon Connor, Francis Prock and Jason Simon recently represented FCA Partners, owners of U.S. Cellular Plaza, in its 99,421-square-foot… Read more
Clear Height, Blackbird Investment Acquire ISF Property in Suburban Chicago
A joint venture partnership between Oak Brook-Illinois-based real estate investor Clear Height Properties and Chicago-based Blackbird Investment Group has acquired… Read more
Advocate to Invest $1B, Build New Hospital on Chicago’s South Side
Advocate Health Care announced plans to invest $1 billion over the next 10 years in a new hospital, 10 outpatient… Read more
Marcus & Millichap Arranges Sale of Retail Strip in Aurora
Marcus & Millichap has completed the sale of 5 N. Root St., a six-suite retail strip property located in Aurora,… Read more
RMK Management to Manage Three Chicago Rental Properties
RMK Management Corp. has been named property manager for three multifamily rental properties in Chicago’s northern suburbs. The properties are… Read more
IBM to Join Quantum Computing Campus in Chicago
IBM and Illinois Governor JB Pritzker have announced a collaboration to establish the new National Quantum Algorithm Center in the… Read more
Report: Commercial Properties Underassessed in Cook County
The Cook County Property Tax (PTAX) Reform Group, in collaboration with Josh Myers Valuation Solutions, has released a comprehensive study… Read more
Clune Construction Completes O’Hare Lounge Project
Clune Construction has completed the LOT Polish Airlines’ first American business lounge at Chicago O’Hare International Airport’s Terminal 5. The… Read more
High Competition in the Rental Housing Market During 2024
Developers have been busy building apartment buildings this past year. According to RentCafe, more than half a million rental units… Read more
Chicago/Midwest People & Company News, week of December 12, 2024
Project Management Advisors, Inc. (PMA) has welcomed Brad Moeller to its team as vice president. Based in the firm’s Chicago… Read more
Two Austin Rental Assets Included in $525M Refi
Newmark Group completed a $525 million refinancing of six properties on behalf of ICONIQ Capital and Sentral. The financing was provided… Read more
Skender Completes Renovation of West Side Apartment Buildings
Skender and its joint venture partner, Blackwood Group, completed the renovations of two West Side senior living apartment buildings in… Read more
Cawley Completes 200K-SF in Tenant Representation Deals
Cawley Commerical Real Estate announced the completion of nine tenant representation transactions totaling over 200,000 square feet across the Chicagoland… Read more
Construction Begins on Lincoln Park Residential Development
General contractor Summit Design + Build has officially broke ground at 537 W. Drummond, a seven-story residential development coming to… Read more
Berkadia Sells Assisted Living Portfolio in Chicago, Milwaukee
Berkadia has completed the sale of three senior living communities offering assisted living and memory care services in the Chicago… Read more
Batch Freight Relocates, Expands Chicago Headquarters
BATCH Freight (BATCH), a logistics technology company, is relocating its downtown Chicago headquarters and will nearly double its office footprint.… Read more
CIC Celebrates 50 Years of Impact
Community Investment Corporation (CIC), a Chicago non-profit lender that finances the acquisition, rehabilitation, and preservation of affordable rental housing, celebrates… Read more
Blue Vista, Clarion to Acquire Student Housing Portfolio
Blue Vista Capital Management, a Chicago-based real estate investment management firm, in partnership with Clarion Partners, announced the acquisition of… Read more
Storage Post Enters Chicago Market with the Acquisition of Five Sites
Storage Post Self Storage has marked a significant milestone by entering the Midwest market with the acquisition of five self-storage… Read more