Illinois
KBRA: CMBS Distress Rates Vary Widely by Metro Area
The U.S. private-label CMBS loan distress rate entered double-digit territory in January 2026, Kroll Bond Rating Agency (KBRA) reported this… Read more
Construction Complete on Opus Build-to-Suit Facility for Elgin Recycling
Opus has completed construction on a 52,174-square-foot build-to-suit facility for Elgin Recycling at 58 Center Drive in Gilberts, Illinois. The… Read more
Skender Wraps Construction on 535K-SF Mixed-Use, Office Building
Skender, as general contractor, recently completed construction of The Fulton, an 11-story, 535,000-square-foot development at 217 N. Sangamon Street in… Read more
Marcus & Millichap Completes Sale of Illinois Self-Storage Property
Marcus & Millichap brokered the sale of U.S. 30 Storage, a 500-unit self-storage property in Montgomery, Illinois. “The sale of… Read more
CCIM Technologies Launches, Reinvents Intellisite – the Data-Driven CRE Platform
CCIM Technologies, a subsidiary of The CCIM Institute, has officially rebranded to Intellisite, marking a major evolution in its flagship… Read more
Marquette Companies Buys 236-Unit Rental Community in Lake Bluff
Marquette Companies has acquired Forest Pointe, a 236-unit apartment community in Lake Bluff in Chicago’s North Shore. Marquette Management will… Read more
SVN Chicago Facilitates Sale of Redeveloped Restaurant Property in Joliet
SVN Chicago Commercial has completed the $1.7 million sale of a 3,339-square-foot quick-service restaurant property located at 1866 West Jefferson… Read more
CBRE Completes Retail Lease in Chicago’s Gold Coast
CBRE has completed a 32,000-square-foot retail lease with Club Studio at Newberry Plaza on behalf of landlord 11 East Partners… Read more
Entre Commercial Realty Completes Sale of Schaumburg IOS Asset
Entre Commercial Realty announced it recently completed the sale of 731 Morse Avenue in Schaumburg, Illinois. Sam Deihs and John… Read more
Draper and Kramer Closes $65M Construction Loan for West Loop MF Development
Draper and Kramer, Incorporated‘s Matt Wurtzebach, senior vice president with the firm’s Commercial Finance Group, has closed a $64.78 million HUD construction… Read more
Real Capital Solutions Acquires 10-Story Naperville Office Building for $16M
Real Capital Solutions (RCS) has acquired MetroWest, a 207,714-square-foot, 10-story office building located at 55 Shuman Blvd. in Naperville, Illinois,… Read more
Chicago/Midwest People & Company News, week of April 17, 2026
The Illinois Quantum and Microelectronics Park (IQMP) announced Oscar Bedolla as its new Chief Strategy Officer, a key leadership role… Read more
Inland Purchases 156-Unit Seniors Housing Property in Illinois
Inland Real Estate Acquisitions negotiated and closed the purchase of Clarendale of Mokena, a 156-unit senior living community in Mokena,… Read more
Lee & Associates, CBRE Arrange Sale of 510K-SF Campus in Elgin
Lee & Associates of Illinois and CBRE announced the sale of a 510,000-square-foot, 82-acre former corporate campus and ministry facility… Read more
Boll & Branch to Open New Location at Westfield Old Orchard
Luxury home brand Boll & Branch is expanding its retail footprint with a new store opening at Westfield Old Orchard… Read more
Interra Realty Brokers Sale of Bucktown Mixed-Use Building
Interra Realty brokered the $7.34 million sale of 1755 N. Damen Ave., a 13-unit mixed-use building adjacent to The 606… Read more
Biosciences Tenant Inks Full-Building Allendale Lease
Avison Young completed a 60,215-square-foot, full-building industrial lease on behalf of Regenity Biosciences, a New Jersey-based global leader in regenerative technologies… Read more
Marcus & Millichap Brokers Oakwood Plaza Retail Deal in Illinois
Marcus & Millichap has completed the sale of Oakwood Plaza, a 16-suite retail property located in Alton, Illinois, for $9.3 million. “Buyer interest… Read more
Seattle’s New $300M Amtrak Maintenance Facility Reaches Milestone
Amtrak has reached the halfway mark of constructing its new maintenance and inspection facility in Seattle. The facility, located in… Read more