Chicago
Silver Cross MOB Opens Doors in Orland Park
NAI Hiffman recently joined representatives from Silver Cross Hospital and Premier Suburban Medical Group (PSMG) to celebrate the completion of… Read more
CBRE Arranges $100M Recapitalization for Industrial Portfolio
CBRE has arranged a $100 million recapitalization of a 36-property industrial service facility portfolio in a joint venture between Wayzata,… Read more
Vintage Chicago MF Properties Fetch High Per-Unit Price
Interra Realty, a Chicago-based commercial real estate investment services firm, has brokered the sale of two multifamily properties. Located in… Read more
Global CRE Pricing Continues to Slip in Q1
Global commercial real estate pricing continued to fall in the first quarter of 2024 as deal activity remained sluggish across… Read more
Microsoft to Build $3B AI Hub at Former Foxconn Site in WI
During a trip this week to Wisconsin, President Joe Biden announced a $3.3 billion investment by Microsoft to build an… Read more
Pullman Gateway Mixed-Use with Chick-fil-A Breaks Ground
Members of the Pullman community and officials from the City of Chicago officially broke ground on the latest addition to… Read more
NexGen Hotels Acquires Chicago Landmark Hotel Versey
NexGen Hotels, a hotel development and management company based in Itasca, Illinois, has acquired the Hotel Versey in Chicago. Located at 644… Read more
TruCore Investments Acquires Industrial Asset in OKC
TruCore Investments has acquired a Class B industrial warehouse and distribution center in a prime Oklahoma City location. This deal… Read more
Mohr Logistics Park Signs 1M-SF Lease with Cummins
Mohr Capital has secured a lease for more than 1 million square feet at Mohr Logistics Park with Cummins Inc.… Read more
Some Office Buildings Are Thriving, According to Placer.ai
While much of the office sector news continues to focus on high vacancies and less usage, a recent Placer.ai report… Read more
KBRA: Nearly a Third of Office CMBS is Distressed
The volume of distressed office in conduit and single-asset, single-borrower CMBS increased to a combined $52.2 billion in March, nearly… Read more
National Title Insurance Agency Expands to Chicago
Title insurance agency Kensington Vanguard National Land Services (KV) has opened a Chicago office, with Pam Sullivan joining as EVP… Read more
Two Chicago Sites on Landmarks Illinois’ 2024 Most Endangered Places List
Landmarks Illinois announced its 2024 Most Endangered Historic Places in Illinois, which calls attention to 10 culturally and architecturally significant sites… Read more
Pilsen Multifamily Trades After 40-Year Hold
First Western Properties arranged the sale of a 13-unit multifamily property at 1328 W. 18th Pl. in the West Side’s… Read more
Machesney Park Walgreens Changes Hands in 1031 Deal
Marcus & Millichap closed the sale of a 14,490-square-foot net-leased Walgreens property located in Machesney Park, IL. The sale price was $4.2 million.… Read more
Columbus’ Easton Town Center Unveils Re-Tenanted Fashion District
Steiner + Associates unveiled the re-tenanting of the Fashion District at Easton Town Center with new and expanded national retailers,… Read more
Chicago Ranks as a Top 10 U.S. Life Sciences Market
Although Chicago’s overall life-sciences market still lags some of the big players in the country such as San Francisco and… Read more