Chicago
Law Firm Crowell & Moring Inks 50K-SF River North Lease
International law firm Crowell & Moring has leased 50,000 square feet at 300 North LaSalle, a 60-story riverfront office building… Read more
Chicago Mayor Pushing $1B Initiative to Transform LaSalle Street
Mayor Brandon Johnson is moving forward with a planned revamp of vacant downtown Chicago buildings initially estimated at $1 billion,… Read more
Fairfield Inn & Suites Hotel in Indiana Trades Hands
Marcus & Millichap closed the sale of Fairfield Inn & Suites Southeast | Chicago, a 94-room hospitality property located in… Read more
JV Acquires Sky Harbor Industrial Park Properties
A joint venture partnership between Oak Brook-Illinois-based real estate investment firm Clear Height Properties and Houston-Texas-based ICP Funds has acquired… Read more
Chicago-Based Commercial Real Estate PR Firm Names New SVP
Akrete, an award-winning, national public relations, content development and marketing firm headquartered in Evanston, Illinois, has appointed John Pappas as… Read more
Chicago Named a Top Metro for Corporate Investment
Site Selection Magazine has named the Chicago region the Top Metro in the U.S. for corporate relocation and site selection, for… Read more
Former Walgreens CEO Joins United Airlines Board
The former CEO of Walgreens, Rosalind Brewer, has landed a new role following her departure from the pharmacy and healthcare… Read more
State of IL Awards $10M in Grants to Local Film Studios
Governor JB Pritzker and the Illinois Department of Commerce and Economic Opportunity have awarded $10 million in grant funding for… Read more
Developer Snags Retail, Office Building at Huge Discount
A joint venture of Farpoint Development and MCZ Development is under contract to pay a little more than $20 million… Read more
CBRE Lands Leasing Assignment for Trophy Office Tower
CBRE has been awarded the exclusive leasing assignment at 77 West Wacker Drive, a 50-story 959,258 square foot cosmopolitan Trophy… Read more
Chicago-Based Portillo’s to Open More Locations
Chicago-based hot dog chain Portillo’s Inc. said it would open nine new restaurants in 2024 after opening 12 last year.… Read more
JPMorgan Chase Unveils Renovation Plans for Chase Tower
JPMorgan Chase has unveiled major renovation plans for Chase Tower, its local headquarters building at 10 S. Dearborn Street. The… Read more
CRG to Develop Industrial Facility Near O’Hare
CRG, a Chicago-based real estate development and investment management firm, is developing The Cubes at ORD, a 66,552-square-foot speculative industrial project… Read more
Chicago Set New High in 2023 Industrial Construction Completions
Chicago set a new high in industrial completions in 2023, with a record 40.1 million square feet of new industrial… Read more
Merchants Capital Finances $103M for Affordable Chicago Property
Merchants Capital has provided more than $54 million of debt and $49 million in Low-Income Housing Tax Credit (LIHTC) equity financing… Read more
Judge Rules Against Transfer Tax Referendum
The so-called “mansion tax,” an initiative backed by Chicago Mayor Brandon Johnson that would increase taxes on real estate transactions… Read more
Kinship PACE Enters Greater Chicago Market
Cushman & Wakefield has arranged a new long-term 15,310 square-foot lease for Kinship PACE of Illinois at the Bricktown Square… Read more
Apartments in Ravenswood Sell for $4M
Interra Senior Managing Partner Joe Smazal represented the buyer, ICM Properties, a local real estate investor. Smazal also represented the… Read more