Illinois
BTR Trends Hot Topic at Connect CRE’s Phoenix Multifamily & BTR Conference
A panel made up of Greystar’s Nicole Churchill, CCBG Architecture’s Virgina Senior and Brent Long from Christopher Todd Communities discussed… Read more
Chicago, Midwest | Weekly People & Companies for April 19, 2024
The Chicago Bears have added two high-profile two legal hires amid the team’s push for a new stadium. Andrea Zopp… Read more
Stonepeak Acquires Chicago Rail-Served Logistics Portfolio
Stonepeak, an alternative investment firm specializing in infrastructure and real assets, has acquired a three-asset, 1.7 million square foot rail-served… Read more
Namdar, Mason Acquire Cleveland Office Tower
Namdar Realty Group and Mason Asset Management, a Long Island-based real estate investment partnership, have purchased 200 Public Square, a… Read more
Wayfair to Open Its First Large-Format Store in Illinois
After announcing a new store concept in 2022, online home furnishings and decor retailer Wayfair has set an opening date… Read more
Investor Buys Lake Zurich Hospitality Property
Marcus & Millichap brokered the sale of Holiday Inn Express & Suites Lake Zurich – Barrington, an 86-room hospitality property… Read more
Rockefeller Center Adds Three New Leases
Rockefeller Center has added three leases at properties across the campus. Shikhara has signed 2,000 square feet at 45 Rockefeller… Read more
Albion Inks Construction Loan, Begins Work on Nashville Towers
Albion Residential has secured a $102 million construction loan from Pacific Life Insurance for the first of two towers. Named Albion… Read more
RedShelf Relocates to Central Loop in Headquarters Expansion
Digital textbook startup RedShelf leased 20,000 square feet for its headquarters at 175 W. Jackson Blvd. in Chicago’s Central Loop.… Read more
Mesirow Adds Real Estate Investment Veteran as Managing Director
Chicago-based financial services firm Mesirow has appointed Justin Maturo as a managing director in its Institutional Real Estate Investments business.… Read more
Wingspan Development Trades Plainfield Apartments in Off-Market Deal
Wingspan Development Group sold Sixteen30, a 284-unit Class A apartment community it developed in Plainfield, IL, about 40 miles southwest… Read more
Des Moines Sale Demonstrates Value of Self-Storage Sector
Marcus & Millichap arranged the sale of Urban Heights Storage, a 54,095-square-foot self-storage facility located in the Des Moines, IA… Read more
Wintrust to Acquire Macatawa Bank for $510M
Wintrust Financial Corporation and Holland, MI-based Macatawa Bank Corporation have entered into a definitive merger agreement for Wintrust to acquire… Read more
World Business Chicago Names Phil Clement New President & CEO
Mayor Brandon Johnson and World Business Chicago Vice-Chair Charles Smith announced that Philip B. Clement has been selected to serve… Read more
Cushman & Wakefield to Lease, Manage Chicago Research Facility
Cushman & Wakefield was selected by IBT Group, LLC., in partnership with Mansueto Office, Inc., to lease and manage The… Read more
Stream Completes Sale of 247K-SF West Loop Office Building
Stream Realty Partners, a national commercial real estate firm, has closed the sale of the 400 South Jefferson building in… Read more
DMG Awarded Management of Aloft at the Glen Town Center
Daniel Management Group (DMG), a Chicago-based real estate firm focused on multifamily investment and management, has been awarded management of… Read more
Peak Properties Adds South Loop Building to Its Portfolio
Peak Properties LLC has added Uncommon, a 43-unit South Loop building located at 2101 S Wabash Avenue, to its growing… Read more