Downers Grove
Report: Chicago Office Market Remains Steady as Inventory Declines
Chicago’s suburban office market remained largely unchanged during the first quarter of 2026, according to a recent report from Transwestern.… Read more
Inland Signs 140K-SF Headquarters Lease in Downers Grove
JLL and The Inland Real Estate Companies announced that Inland has signed an approximately 140,000-square-foot, 16.5-year headquarters lease at 3050… Read more
Lurie Children’s Plans New Pediatric Hospital in Downers Grove
Lurie Children’s Hospital announced plans to develop a community-based, low-acuity pediatric hospital in the Downers Grove area. The new location… Read more
Bridge Industrial Acquires 12-Acre Site in Downers Grove
Bridge Industrial has acquired a 12.20-acre parcel in Downers Grove, located in the Central DuPage County submarket. The site, strategically… Read more
Return to Lender: Week of March 20, 2025
CLARIFICATION: As reported by Connect CRE on March 13, Morningstar Credit initially cited “monetary term default” as the cause behind… Read more
CBRE Secures Downers Grove Office Complex Lease
CBRE has arranged a new 46,187-square-foot lease at Corridors II, a Group RMC-owned office building within the Corridors office complex… Read more
Apartments West of Chicago Sell for $72M
Chicago-based Laramar Group has purchased the ReNew Downers Grove apartment complex for $72.1 million from FPA Multifamily. JLL’s Kevin Girard,… Read more
Inland Cofounder G. Joseph Cosenza Passes Away, Age 81
The Inland Real Estate Group of Companies, Inc. announced Thursday the passing of Cofounder G. Joseph Cosenza. Cosenza passed away… Read more
Colliers Arranges Sale of Two Chicago Area Strip Malls
Colliers Net Lease Investment team of Chicago’s Peter Block and Rachel Patten recently represented Armco Properties in the sale of… Read more
Inland Chicago Retail-Focused DST Sells Suburban Retail Property
Inland Private Capital Corporation (IPC) closed the sale of a retail property in Downers Grove, Illinois, a southwest suburb of… Read more
Castle Automotive Expands with Acquisition of Pugi Auto Group
Castle Automotive Group (CAG), an automotive dealership group headquartered in Oak Brook, IL, has acquired the Pugi Auto Group, based… Read more
Essex Sets Apartment PPU Record in Downers Grove
Essex Realty Group, Inc., a Chicago-based multifamily brokerage firm, recently facilitated the sale of Fairview Station Flats, an 18-unit apartment… Read more
New-Construction Downers Grove Multifamily Listed for $8.5M
Essex Realty Group, Inc. has been engaged to market Fairview Station Flats, an 18-unit multifamily property located in the Chicago… Read more
Tyson Foods Puts West Loop Offices on Sublease Market
Tyson Foods, which is moving about 500 jobs out of Chicago and suburban Downers Grove, IL, has listed its entire… Read more
Draper and Kramer Mortgage Promotes EVP to President
Draper and Kramer Mortgage Corp. has promoted Matt Patterson to president. Patterson, who has served as EVP of business development… Read more
Chicago Investment Firm Sees Upside in Suburban Office Properties
As the battered office sector adjusts to post-COVID realities, Jeff Bernstein and Larry Elbaum are betting that suburban buildings packed… Read more
Downers Grove BP Gas Station Snapped Up by Local LLC
Marcus & Millichap arranged the sale of a BP gas station property located in Downers Grove, IL The asset sold for $2,265,000. Timothy Nichols,… Read more
Medical Office in Downers Grove Lands Permanent Loan
Erik Kunz, VP of Northmarq’s Chicago debt and equity team, finalized a $2,179,800 permanent-fixed loan for the Illinois Bone and… Read more