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Chicago, Midwest | People & Company News for Oct. 20, 2023
Chicago & Midwest CRE News In Your Inbox. Sign up for Connect emails to stay informed with CRE stories that… Read more
50K SF Buildout Completed for AIT Worldwide Logistics Office
Skender recently completed construction on an expansive demolition and three-floor buildout for AIT Worldwide Logistics at Two Pierce Place located… Read more
7-Eleven Retail Space in DT Chicago JW Marriott Sells for $3.5M
Marcus & Millichap closed the sale of a 2,700-square-foot net-leased property located in Chicago. The asset, a 7-Eleven retail space… Read more
Voodoo Doughnut to Open First Chicago Location in Fulton Market
Chicago’s impressive food scene is about to welcome two more concepts to the fold. The Feil Organization, a national real… Read more
Fulton St. Cos. Pivots from West Loop Condos to Bathhouse Concept
Fulton Street Companies (FSC) has signed Bathhouse, a New York City spa company, to a long-term, build-to-suit lease for a… Read more
Lakeview Apartment Building Sells for $17.5M
Interra Realty brokered the $17.5 million sale of a 60-unit multifamily building in Chicago’s Lakeview East neighborhood. The transaction equated… Read more
JV Signs Mainfreight to Build-to-Suit Industrial Lease
Chicago-based Timber Hill Group, in a joint venture with Champion Realty Advisors, has signed Mainfreight to a long-term, build-to-suit lease… Read more
Chicago Executive Airport Getting 25-Acre Hangar Development
Sky Harbour Group has announced the development of a Home Base campus at Chicago Executive Airport (PWK). The medium-sized airport… Read more
City and Chicago State Unveil $250M Redevelopment Plan for 95th St.
At a recent “Re-envisioning 95th Street” event, Chicago State University and the City of Chicago unveiled plans the partnership has… Read more
Dayton Street Acquires Six-Building Bensenville Logistics Park
Dayton Street Partners (DSP), a logistics real estate investment and development firm headquartered in Chicago, has acquired a six-building logistics… Read more
Recently Opened Guinness Brewery in Fulton Market Up for Sale
The new West Loop Guinness Open Gate Brewery is for sale just weeks after opening its doors. Chicago real estate… Read more
French Alternative Meat Company Selects Chicago for U.S. Headquarters
Umiami, a French food-tech company specializing in plant-based meat alternatives, has chosen Chicago for its U.S. headquarters. Umiami recently raised… Read more
Marcus & Millichap Closes Deal for Net-Leased Wisconsin Chipotle
Marcus & Millichap closed the sale of a newly constructed 2,361-square-foot net-leased property located in Somers, Wisconsin. The asset sold for $2.35 million.… Read more
Chicago-Based AMLI Residential Sells Mixed-Use Housing Asset in Texas
JLL represented AMLI Residential, a Chicago-based developer of sustainable luxury apartment communities, as the seller of the high-rise multi-housing property… Read more
Massive Pickleball Social Club to Open in Lincoln Park
It seems the popularity of pickleball simply has no bounds. Capitalizing on the sensational sport is Social Pickleball Fun (SPF)… Read more
Gibsons Restaurant Group Signs Lease at 919 on Fulton
Fulton Street Companies (FSC) has signed Gibsons Restaurant Group (GRG) to a 15,000-square-foot, ground-floor lease at its latest project 919… Read more
Newmark Hires Industrial Specialist Connor Reeves
Newmark hired industrial specialist Connor Reeves, SIOR as senior managing director. Reeves will be based in the El Segundo office… Read more
Newport Capital Provides Bridge Loans on CA, IL Assets
Newport Capital has provided more than $12 million in bridge loans for three projects in California and one in the… Read more
SVN Sells South Loop Restaurant to Local Restaurateur
SVN Chicago Commercial helped secure the sale of 1307 S. Wabash Avenue in Chicago’s South Loop. The asset sold for… Read more