Illinois
Primient Makes $400M Investment in Decatur Facility
Primient will invest $400 million in its Decatur facility over the next five years to modernize operations, enhance sustainability, and… Read more
Mid-America Brokers Sale of Orland Park Shopping Center
Mid-America Real Estate Corporation’s Investment Sales Group recently brokered the sale of Orland Park Place, an open-air regional center in… Read more
Historic Kansas City Club Building Hits the Market
A 102-year-old historic building in Kansas City’s Library District has been listed for sale following a multi-year renovation project for… Read more
SIOR Chicago Hosts Event on IL Economic Development
The Chicago Chapter of The Society of Industrial and Office Realtors (SIOR) recently hosted its Speaker Series Luncheon at Allegra… Read more
Nordstrom to Open More than 20 New Rack Stores in 2024
Nordstrom plans to open 22 new Rack stores this year, focusing on solely growing its discount Rack department stores as… Read more
TruAmerica Multifamily Names New IR Director
Los Angeles-based TruAmerica Multifamily said Monday that Alexis Sofyanos joined the firm as director, investor relations. Based in Chicago, Sofyanos… Read more
Essex Closes Sale of Newly Built Property in Old Irving Park
Chicago-based multifamily brokerage firm Essex Realty Group, Inc., closed the sale of a new construction building at 3941 N. Keeler… Read more
Vacant Lawndale Multifamily Trades to Local Owner
Interra Realty brokered the $1.3-million sale of a 13-unit apartment building at 1858 S. Springfield Ave. in the Lawndale neighborhood… Read more
Lee & Associates of IL Negotiates Three Industrial Sales in Fox Valley
Lee & Associates of Illinois has negotiated three sale transactions in the Fox Valley submarket. Executive Vice President Andrew Block… Read more
Marcus & Millichap Arranges Sale of Hotel in Lansing
Marcus & Millichap brokered the sale of Quality Suites Lansing, a 115-room hospitality property located in Lansing, Michigan. The firm’s… Read more
Appellate Court Okays Johnson’s Transfer Tax Referendum
An Illinois Appellate Court panel ruled in favor of Chicago Mayor Brandon Johnson, overturning a Cook County judge’s ruling against… Read more
EV-Maker Rivian Puts Brakes on $5B Georgia Plant
The electric vehicle start-up Rivian announced that it will delay construction on its Georgia plant and instead begin production on… Read more
Eye on CRE Capital Markets: The Rearview Mirror and a Look Forward
A short time ago, obtaining capital to build, buy or refinance was easy. Money was ridiculously cheap thanks to low… Read more
Hines Fully Subscribes $77M DST Offering for Chicago Apartments
Hines, a global real estate investment, development and property manager, has completed another Delaware Statutory Trust (DST) with HREX Multifamily… Read more
POAH Begins $13M Renovation of Suburban Senior Center
The Preservation of Affordable Housing Inc. (POAH) has started work on the $13 million renovation of two senior buildings in… Read more
AXSYS Capital Closes Fund Aimed at Acquiring Midwest MOBs
AXSYS Capital, a Libertyville-based medical property investment firm, has closed its AXSYS Capital Fund I, LP. The fund will focus… Read more
Explaining the “Condominium Comeback”
There’s no doubt that the COVID-19 pandemic was a catastrophe, generating a high incidence of heartbreaking illnesses and death. The… Read more
Johnson, UChicago to Expand South Side Healthcare Facilities
Chicago Mayor Brandon Johnson is partnering with City Colleges of Chicago, the University of Chicago, and the University of Chicago… Read more