Chicago
Wells Fargo Hosts Grand Opening for River North Branch
Wells Fargo hosted a grand opening yesterday for a new River North bank branch, which is the first branch in… Read more
Secondary Markets Targeted for Advanced Manufacturing Sites
At one time, manufacturing sites were in predominantly major markets – think Detroit, Chicago and Pittsburgh. But in its recently… Read more
State Street Office Building Bought at Steep Discount
North American Real Estate (NARE), a Schaumburg-based firm, has purchased the downtown retail and office building at 100-112 South State… Read more
Kiser Celebrates Record-Breaking Volume in 2023 MF Deals
Kiser Group’s Aaron Sklar and Noah Birk have achieved the milestone of 62 apartment buildings sold in 2023, amounting to… Read more
Skender Announces Key Chicago, Midwest Leadership Promotions
Skender has announced six promotions among its leadership team to support the firm’s strategic goals for growth, innovation and operational… Read more
Nominate the Year’s Top Leasing and Sales Brokers
2023 was a challenging year in commercial real estate, yet the industry’s leading dealmakers got it done. Do you know a… Read more
Riverbrook Shopping Center to Get New Name, Revamp
Chicago’s suburban Riverbrook Shopping Center in Naperville is set to get a revamp, complete with a new name for the… Read more
Maryland Firm Buys Elgin Retail Center for $19M
Maryland-based America’s Realty, a “blue collar” shopping center acquisition firm, recently paid $18.8 million for the 238,835-square-foot Otter Creek Shopping… Read more
Distressed Chicago Office Tower Sells to Investor at Huge Discount
A venture of Chicago-based investor Igor Gabal has acquired the 12-story West Loop office building at 300 West Adams Street… Read more
BOMA, Business Groups Sue Over Transfer Tax Proposal
BOMA/Chicago (Building Owners and Managers Association of Chicago) and a coalition of business groups have filed a lawsuit against the… Read more
Cinnaire to Invest $39M in Illinois Housing Developments
Cinnaire, a nonprofit community development organization, recently closed two Low-Income Housing Tax Credit funds totaling $193 million. These will support… Read more
Brennan Acquires 7-Building Portfolio in Chicago’s O’Hare Submarket
Brennan Investment Group has acquired seven buildings in Wood Dale, Illinois. Situated on 12.5 contiguous acres in Chicago’s O’Hare submarket, the portfolio… Read more
MLG Capital Buys Suburban Apartment Complex for $73M
MLG Capital, a Wisconsin-based real estate investor, paid nearly $73 million for Meadows at River Run, a 374-unit complex located… Read more
Advisory Firm to Relocate its Capital Business HQ to Chicago
Healthcare advisory firm Curi Holdings LLC plans to relocate the headquarters for its capital business to Chicago after the company… Read more
Chicago Mayor Johnson Names Head of Housing Department
Chicago Mayor Brandon Johnson announced the appointment of Lissette Castañeda to serve as Department of Housing (DOH) commissioner. Castañeda has… Read more
Marcus & Millichap Arranges Sale of Hanover Park Retail Property
Marcus & Millichap closed the sale of Hanover Square, a grocery-anchored, 111,828-square-foot multi-tenant retail property located in Hanover Park, Illinois.… Read more
SIORs on the Present and Future for Office and Industrial
Office and industrial—two commercial real estate sectors with very different circumstances currently, yet both operating in the same uncertain economy.… Read more
Prudential Plaza Owner Receives Loan Extension, Plans Major Renovations
Wanxiang America Real Estate Group, the owner of Prudential Plaza and the investment arm of Chinese auto parts manufacturer Wanxiang… Read more