Illinois
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
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
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
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
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
Wells Fargo Secures $145M for Chicago Multifamily Property
Wells Fargo’s Multifamily Capital (MFC) group has secured $145 million for Intercontinental Real Estate Corporation for the construction take-out of Porte… Read more
Illinois Rises to 17th-Best State to Do Business In
A study from CNBC recently ranked Illinois 17th out of 50 for the top states to do business in, reported… Read more
Prysmian Breaks Ground on $63.8M Du Quoin Facility Expansion
Prysmian Group, an energy and telecom cable organization, recently broke ground on a $63.8 million expansion project at its Du… Read more
TCCI Begins Construction on EV Innovation Hub in Decatur
TCCI, a global leader in electric compressors for commercial, heavy-duty, and automotive specialty markets, was joined by Illinois Governor JB… Read more
Rally House Opens Record Number of Stores in Single Weekend
Rally House, a leading national sports and merchandise retailer, broke a company record by recently opening seven stores across five… Read more
DarwinPW/CORFAC Represents Apex Industrial Automation in Purchase
DarwinPW Realty/CORFAC International’s Principal Jerry Sullivan represented Apex Industrial Automation, an industrial equipment and motor supplier, in acquiring a 14,400-square-foot… Read more
UPS Continues Chicago-Area Expansion with New Package Centers
UPS, one of the world’s largest shipping couriers, is continuing to grow in the Chicago market, with a newly built… Read more
Summit Design + Build Hires Glenn Miles as New VP
General contractor, Summit Design + Build, is pleased to announce the hiring of a new Vice President, Glenn Miles, in… Read more
Glenstar Signs 12 New Tenants, Leases 154K-SF at Schaumburg Corporate Center
Chicago-based Glenstar Properties executed 12 office leases during the first half of 2023, totaling over 150,000 square feet at its… Read more
Essex Sets Apartment PPU Record in Downers Grove
Essex Realty Group, Inc., a Chicago-based multifamily brokerage firm, recently facilitated the sale of Fairview Station Flats, an 18-unit apartment… Read more
Lollapalooza Anticipated to Boost Hotel, Retail Revenue
Lollapalooza, the famed four-day concert event, is set to return to Grant Park once again. This year’s festival dates are… Read more
Cambium Networks to Relocate HQ to Bell Works Chicagoland
Cambium Networks, a global provider of networking solutions, has committed to relocate its headquarters to Bell Works Chicagoland, the reimagined… Read more
Meridian Completes Builds of Three Distribution Centers in Illinois
Meridian Design Build completed the construction of three automated package sorting and distribution facilities in Illinois. All three projects were… Read more
United Airlines Acquires Former Motorola Property for Operations
United Airlines is expanding its network operations facility in Arlington Heights, purchasing an office building that was formerly the home… Read more