Illinois
Finding Proof of Sustainable Headquarters
In the current built environment, many companies fly their “sustainability” flags, broadcasting their efforts toward carbon reduction. But ProptechOS sought… Read more
NAR CEO Bob Goldberg Steps Down
The National Association of Realtors (NAR) has named Nykia Wright as interim CEO, effective Nov. 20. CEO Bob Goldberg, who… Read more
Blackstone Lists Two-Tower River North Office Property
A large office property in Chicago’s River North has been listed for sale after New York-based Blackstone Group was unable… Read more
Kiser Sells Rare SRO Property in Belmont-Cragin Neighborhood
Kiser Group’s Principal Managing Broker, Lee Kiser, recently closed on a $3.15 million affordable housing transaction in Chicago’s Belmont-Cragin neighborhood.… Read more
Jury in Commissions Case Finds NAR, Brokerages Guilty
A federal jury on Tuesday found the National Association of Realtors (NAR) and some residential brokerages, including units of Warren… Read more
FSC Signs Heisler Hospitality to Full-Building Lease
Fulton Street Companies (FSC) and partner Fred Latsko of Latsko Interests, who brought Guinness Open Gate Brewery to Chicago, signed… Read more
U.S. Housing Prices Continue on Upward Trend
The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census divisions, reported a 2.6% annual… Read more
Entre Completes Lease of 17K SF Building in Round Lake Beach
Entre Commercial Realty recently completed a 17,168-square-foot lease at 1883 Circuit Court in Round Lake Beach, Illinois. Entre’s Denise Chaimovitz,… Read more
Essex Closes Five-Unit Mixed-Use Building in Pilsen
Chicago-based multifamily brokerage firm Essex Realty Group, Inc. recently facilitated the sale of 1848 South Blue Island Avenue, a five-unit,… Read more
Ford to Invest $400M in Chicago Factories in Deal with UAW
Ford has announced plans to invest more than $400 million in its Chicago-area factories in a deal with the United… Read more
Schaumburg Office Building Slated for Conversion Sells for $3.5M
Lee & Associates negotiated the $3.52 million sale of a 106,380-square-foot, five-story office building at 930 National Parkway in Northwest… Read more
Entre Brokers Melrose Park Industrial Building, Parking Lot Sale
Entre Commercial Realty, a full-service industrial and commercial real estate firm based in suburban Chicago, recently completed the sale of… Read more
NewMark Merrill Picks Up Two More Chicago Retail Properties
NewMark Merrill Companies, Inc., a Calabasas, California-based retail shopping center owner and development company, has facilitated the acquisition of Pulaski… Read more
Mayor Johnson Taps Ciere Boatright to Lead Dept of Planning, Development
Mayor Brandon Johnson has chosen Ciere Boatright, a real estate executive with a background in community development, as the new… Read more
IECA Closes $11M in C-PACE Financing for Rockford MF Conversion
The Illinois Energy Conservation Authority NFP (IECA), an Illinois tax-exempt nonprofit, announced it closed $10.9 million in financing for a… Read more
Experts: Upgrades Help Vintage Offices Generate Demand
This is the second in a series of stories about the office sector that go beyond the negative headlines. The… Read more
Coworking Space Q3: Continued Demand, Consistent Supply
The nationwide coworking space inventory stabilized in Q3 2023, following an impressive 10% growth between this year’s first and second… Read more
Lee & Associates Renews Boutique Clothing Lease at Riverwalk Plaza
Lee & Associates, one of the largest national commercial real estate providers, renewed a 1,081 square foot lease of Bows… Read more