Illinois
RE Development Solutions Breaks Ground on Aurora Retail, Office Complex
Developer RE Development Solutions broke ground on two buildings in Randall Square, a retail and office complex in North Aurora,… Read more
Interra Brokers $9.2M Sale of North Shore Mixed-Use MF Building
Interra Realty has brokered the $9.2 million sale of Art House Eleven 21, a 16-unit, mixed-use apartment building in Wilmette,… Read more
Colliers Arranges Sale of Three-Building Chicagoland Industrial Portfolio
Colliers’ Jeff Devine, Steve Disse and Tyler Ziebel represented Ares Industrial Management in the sale of three Chicago area industrial… Read more
JLL Arranges Financing for $233M Fulton Market Office Development
JLL arranged $233 million in financing for the development of 919 on Fulton, a 373,000-square-foot creative office development in the… Read more
Macy’s Opening Small-Format Stores After Testing Concept in Chicago
Macy’s, Inc. is continuing to accelerate its small-format store strategy, more than doubling the total number of its small-format stores… Read more
Owners of Vai’s Italian to Open Second Naperville Restaurant Concept
The ownership group of Vai’s Italian Kitchen + Bar, which has been operating its restaurant within Fox River Commons since… Read more
JLL Arranges $60M Sale of Loyola Medical Office Building to Sila
JLL Capital Markets has arranged the $59.95 million sale of Loyola Medicine Burr Ridge, an outpatient health center totaling 104,912… Read more
Kingsbarn Acquires Logistics Company HQ in Elgin
Kingsbarn Realty Capital has acquired GoldCoast Logistics Group headquarters located at 1425 Madeline Lane in Elgin, Illinois. The building was… Read more
IECA Closes $15M in C-PACE Financing for Student Housing Development
The Illinois Energy Conservation Authority closed $15.6 million in financing for a C-PACE project in Champaign, Illinois. The C-PACE capital… Read more
Northbrook Marriott Recapitalizes with $6M C-PACE Loan
PACE Loan Group’s SVP Matthew McCormack arranged a $6.2 million PACE loan that was part of the $32.8 million refinancing… Read more
PGIM Provides $66M in Refinancing for Chicago Industrial Properties
PGIM Real Estate has provided a $66 million fixed-rate loan on behalf of its core investment strategy to refinance two… Read more
Hoffman Estates Lot Sells for $4M for Future Advocate Healthcare Center
Lee & Associates, one of the largest national commercial real estate providers, negotiated the $4.1 million sale of a 6.5-acre… Read more
Construction Underway on $67M Scheels Sports Park Complex
Construction has started on the long-awaited Scheels Sports Park, a $67 million sports complex and sports tourism destination, reported the… Read more
UPSIDE Foods to Open $141M Meat Plant in Glenview
UPSIDE Foods, a leading cultivated meat, poultry and seafood company, will locate its first commercial-scale production facility in Glenview, Illinois.… Read more
Lee & Associates Acts as Sole Broker in Full-Building Industrial Lease
Lee & Associates closed a new long-term lease transaction for an 87,703-square-foot industrial building located at 1723-1757 Marshall Drive in… Read more
Portillo’s Plans to Open 920 Locations Over 20 Years
Oak Brook-based Portillo’s unveiled plans to open more restaurants with smaller footprints than its current locations. Famed for Chicago classics… Read more
33 Realty Tapped to Market Willowbrook Deconversion Property
33 Realty, a Chicago-based property management company that also provides estate brokerage, leasing, and construction services, has been selected to… Read more
GID Acquires Bolingbrook Industrial Property in I-55 Corridor
GID, a real estate owner and fiduciary that invests in multiple asset classes, has acquired 3-9 Timber Court in Chicago,… Read more
Ferrero Opens Innovation Center, R&D Labs at Marshall Field Building
Ferrero North America, part of the global confectionery company the Ferrero Group, opened its new Innovation Center and North America… Read more