Chicago
Report: Consumer Spending Drives Investor Revival for Retail
According to a recent report from JLL, robust consumer spending, as well as record-low total retail vacancy, led to a… Read more
Ivanhoé Cambridge, Hines Ink 75K-SF in West Loop Leases
Ivanhoé Cambridge and Hines have recently executed approximately 75,000 square feet of new leases at 10 & 120 South Riverside… Read more
Chick-fil-A to Open Its First South Side Location
Chicago’s South Side is one step closer to getting its first Chick-fil-A location. Approval today from the City of Chicago… Read more
Essex Facilitates Two Chicago Multifamily Transactions
Chicago-based multifamily brokerage firm Essex Realty Group, Inc. recently facilitated the sale of two properties in Chicago’s Greater Grand Crossing… Read more
Westfield Old Orchard Mall Unveils Luxury Apartment Plans
Unibail-Rodamco-Westfield (URW), the European commercial real estate company, behind the ongoing multi-phase redevelopment of Westfield Old Orchard Mall, has given… Read more
Plans Surface for Former Downtown Denver Bus Station
It’s been five years since Golub & Co and the Rockefeller Group paid $38 million for the city block formerly… Read more
Marriott International to Acquire Sheraton Grand Chicago for $500M
New York-based Tishman Realty has exercised its option to sell the 1,218-room Sheraton Grand Chicago to Marriott International for $500… Read more
Chicago, Midwest | People & Companies for February 16, 2024
Lee & Associates of Illinois recently promoted three Chicago-based brokerage professionals across its industrial and office platforms. – Andrew Block… Read more
FitzGerald Designing New Office Development at 919 W Fulton
Work is continuing to progress on 919 W. Fulton, one of the few new office developments in the city. The… Read more
Peak Properties Adds 10 Luxury Units to Management Portfolio
Peak Properties LLC, a full-service, privately held management and investment firm with offices in Chicago and Denver, has been tapped… Read more
Structured Development’s New Townhomes Surpass 50% Sold
Sales have surpassed 50% at Harrison Row Townhomes, Structured Development‘s new for-sale housing development of 40 affordable townhomes in Chicago’s East Garfield… Read more
Multi-Tenant Retail Property in Missouri Sells
Marcus & Millichap closed the sale of a two-tenant center featuring a SmileShack dental office and Domino’s Pizza store in… Read more
Investor Surveys Generate a Mixed Bag for 2024
There’s little doubt that the past year has been volatile for commercial real estate investors. Much of what was forecast… Read more
TCC, Beacon Top Out at Chicago’s Hyde Park Labs
Trammell Crow Company (TCC) and Beacon Capital Partners have topped out at Hyde Park Labs in Chicago. Located at 5207… Read more
Marcus & Millichap Closes Chicago-Area MF Asset Sale
Marcus & Millichap has closed the sale of Light Road Apartments, a 168-unit multifamily asset in Oswego, Illinois. Marcus &… Read more
PetSmart to Reopen Two Closed Chicago-Area Stores
PetSmart is planning to reopen two stores in the Chicago area after closing several locations earlier this year. Both of… Read more
BWE Arranges $66M for Infill Costa Mesa Retail
BWE, a national commercial and multifamily mortgage banking company, secured $66,000,000 in acquisition financing for The South Coast Collection (SOCO) an urban-infill… Read more
Chicago-Based Deskpass and Industrious’ Breather to Merge
Two of the largest flexible workspace companies have announced plans to merge, as WeWork’s competitors continue to pursue opportunities in… Read more
Cube Group Expands Office Space in Fulton Market
Cube Group, a Chicago crypto startup aimed at providing a hybrid digital asset marketplace, is expanding its real estate footprint… Read more