Illinois
2023 Women in Real Estate Awards: Time for Nominations
The deadline is fast approaching to participate in Connect CRE’s seventh annual Women in Real Estate Awards. We’re continuing to call… Read more
Sterling Bay Co-Founder Goodman Snags Property Near Lincoln Yards
A joint venture of Scott Goodman’s Farpoint Development and Langdon Partners acquired property spanning 122,000 square feet at 1854 North… Read more
Kiser Group Announces Exclusive Listing in Douglass Park
Kiser Group has the exclusive listing for 1301 S California Avenue, an investment opportunity in the heart of the Douglass… Read more
Greystone Provides $16.8M Under HUD Green Financing Program
Greystone provided a $16.8 million HUD LEAN 232/223(f) green loan to refinance a 102-unit supportive living facility in Rolling Meadows,… Read more
Roundtable: CRE Sentiment Ticks Upward in Q3
Industry leaders remain optimistic about future market conditions even while acknowledging uncertainty stemming from interest rate increases, maturing office loans,… Read more
Cresa Completes Bettinardi Golf’s Custom Fit Showroom Concept
Cresa’s Project Management Principal Eric Nolin has completed the complex build-out of Bettinardi Golf’s new, 6,877-square-foot experiential custom fit showroom… Read more
Logistics Firm MoLo Puts Fulton Market Office Space Up for Sublease
MoLo Solutions, a third-party logistics provider, is looking to sublease nearly 47,000 square feet of its Fulton Market office space.… Read more
Heyday Sun Prairie Celebrates Grand Opening of 41-Acre Community
Heyday, an Arlington Heights, Illinois-based development company led by Josh Wohlreich and Ryan Swingruber, celebrated the grand opening of its… Read more
ALDI to Acquire Winn-Dixie, Harveys Supermarket from Southeastern Grocers
ALDI said Wednesday it had entered into a definitive agreement to acquire Winn-Dixie and Harveys Supermarket, adding approximately 400 locations across… Read more
Lee & Associates Negotiates $1.5M Purchase of Retail Center
Lee & Associates, one of the largest national commercial real estate providers, negotiated a $1.5M purchase of an 18,600-SF multi-tenant… Read more
Cubs Co-Owner Laura Ricketts Leads Group Buying Chicago Red Stars
An ownership group of Chicago businesswomen led by Laura Ricketts, co-owner of the Chicago Cubs and a minority owner of… Read more
AIT Consolidates Chicagoland Locations to New Itasca HQ
AIT Worldwide Logistics Inc., a global freight and transportation organization, recently moved into a new global headquarters at 2 Pierce… Read more
St. John Properties Signs Three Office Tenants at Mt. Pleasant Commerce Center
St. John Properties, Inc. has signed new leases with three employers totaling more than 30,000 square feet of commercial office… Read more
Luxury Living Kicks Off Leasing at Redeveloped MF The Medallion
Luxury Living has begun leasing in Lakeview at The Medallion, located at 3121 N. Broadway Street. The newly redeveloped boutique… Read more
Kraft Heinz Names Carlos Abrams-Rivera as Next CEO
The Kraft Heinz Company, which is co-headquartered in Chicago and Pittsburgh, announced that Carlos Abrams-Rivera has been appointed as Chief… Read more
Chicago’s Planning and Development Commissioner Maurice Cox Resigns
Chicago’s city commissioner of the Department of Planning & Development, Maurice Cox, resigned last week. In an email to staff… Read more
DHL Opens Chicago Silver LEED-Certified Distribution Center
DHL eCommerce has opened a new state-of-the-art Silver LEED-certified 352,000-square-foot distribution center in Melrose Park, Illinois. Chicago is part of… Read more
Newmark Closes Sale of Six-State Net Lease Portfolio
Newmark completed the $24.6-million sale of a nine-property, net leased retail portfolio spanning across Alabama, Florida, Illinois, Indiana, Michigan and… Read more
Connect Investment & Finance 2023: Activity Amid an Uncertain Environment
From inflation and interest rates to return of office and economic conditions, today’s market is at a unique crossroads of… Read more