Chicago
Peak Properties Adds Stewart School Lofts in Uptown to Management Portfolio
Peak Properties has added the luxury Stewart School Lofts at 4525 M. Kenmore to its growing management portfolio. The apartments offer… Read more
Interra Brokers $11M Sale of Mixed-Use Apartment in Lincoln Park
Interra Realty has brokered the $11.25 million sale of a 35-unit mixed-use property at 2200 N. Clark St. in Chicago’s… Read more
Balyasny Expands NYC Office to 164K SF at GM Building
Balyasny Asset Management has expanded its New York City office footprint with one of the largest lease signings in Midtown… Read more
JLL Arranges $32M Refi for Boutique Office Building in Chicago
JLL has arranged a $32 million refinancing for 609 West Randolph, a 15-story boutique office property totaling 95,000 square feet… Read more
Missner, Greystar-Thackeray Form JV for Chicago Stockyards Project
The Missner Group (TMG) and Greystar-Thackeray have formed a joint venture to develop a speculative industrial building at 4002 S.… Read more
Chicago Mayor Pivots from Property Tax Hike
Following strong opposition from Chicago’s City Council, Mayor Brandon Johnson suggested earlier this week that his proposed $300 million property… Read more
Chicago/Midwest People & Company News, week of November 15, 2024
The Opus Group announced the promotions of Paul Robertson and Mike Robinson to vice president of real estate development in… Read more
A New Use for Unused Buildings: Self Storage Facilities
Pictured: 555 Bay Area Blvd., Houston. Originally an office building, the facility was converted to self storage in 2018. Photo… Read more
Global CRE Price Declines Decelerate in Q3
Global commercial real estate pricing posted an eighth consecutive quarter of annual declines in the third quarter in 2024, MSCI… Read more
Lincoln Park Apartments Sell for $55M
Jonathan Rose Cos. recently acquired a Chicago apartment building for $55 million. The New York City-based firm bought the 186-unit… Read more
IWG Adds More Coworking Spaces Across Illinois
International Workplace Group, is adding nine state-of-the-art flexible workspaces in Illinois, bringing the company’s statewide footprint to a total of… Read more
Monos to Open Chicago Store in Fulton Market
Travel and sustainability-first lifestyle brand Monos has signed a 10-year lease agreement for a retail location on the ground floor… Read more
Skender Completes Work on Chicago Food Depository Expansion
Skender has completed construction on a 38,000-square-foot facility expansion for the Greater Chicago Food Depository. The new prepared meals center,… Read more
Alterra IOS Acquires Seven Building Portfolio
Alterra IOS has acquired seven IOS sites totaling 23 usable acres. The sites are fully leased to a national leader… Read more
Rivian Opens Showroom at Westfield Old Orchard Mall
Rivian has opened its second Chicago-area store at Old Orchard Mall in Skokie. The 3,500-square-foot store is located at the… Read more
Real Realty Brokers Sale of Montgomery Townhomes
Real Realty, a Chicago-based multifamily brokerage and property management firm, announced the closing of the Kevin Drive Townhomes, a 16-unit… Read more
Essex Closes Avondale Mixed-Use Property Deal
Chicago-based multifamily brokerage firm Essex Realty Group, Inc., and Essex Capital Markets announced the closing of 2934 North Milwaukee Avenue,… Read more
CBRE Secures Refi on Redwood City Offices
CBRE Capital Markets’ Debt & Structured Finance group secured a $37.75-million loan to refinance 101 Redwood Shores, a Class A office building… Read more
Harrison Street Sells Nearly $900M Student Housing Portfolio
Harrison Street has announced the $893 million sale of 14 student housing assets to affiliates of The Scion Group and… Read more