Illinois
Company Unloads Property Following Failed Housing Deal
Within less than two weeks of Strategic Properties having a $190 million housing deal killed following its multiple failures to… Read more
Bears Begin Arlington Demo Despite Uncertainty
While the Chicago Bears continue to shop for prospective places to call home amid financing issues for Arlington Heights, the… Read more
City Approves Plan To Turn Vacant School Into $26M MF Project
A decade-long effort to transform a vacant Englewood elementary school, one of 49 shut down in Chicago in 2013, into… Read more
CBRE Arranges Sale of 586-Unit MF in Arlington Heights
CBRE has arranged the sale of Stonebridge of Arlington Heights, a 586-unit multifamily property in Arlington Heights, Illinois. Bayshore Properties… Read more
Historic Loop Office Tower and Grubhub HQ Up For Sale
Burnham Center, the iconic 22-story vintage Loop office tower and last building designed by famed Chicago architect and urban planner… Read more
Velocis Begins Construction on 544K-SF Distribution Center
Dallas-based private equity fund manager Velocis broke ground on the Batavia Logistics Center, a 543,603-square-foot state-of-the-art cross-dock warehouse in the… Read more
Habitat Co. Welcomes Residents to one of Chicago’s First ETOD
The Habitat Company has completed the 99-unit Phase 1 residential building 43 Green, the first equitable transit-oriented development (ETOD) on… Read more
Chicago Leads Top Third of the U.S. in Real Estate Development
From multifamily construction to commercial property, Chicago real estate development led the pack over the past decade, according to a… Read more
Bally’s Awarded License to Open First Chicago Casino
Chicago’s Illinois Gaming Board has voted to roll the dice, awarding Bally’s Corp. the license to open the city’s first… Read more
Waterton’s David Schwartz Foresees “Slow Unwind” from Fed Tightening
Following what he called “a science experiment of quantitative easing for a decade and now quantitative tightening,” Waterton CEO David… Read more
Bill Baumann Joins JLL’s Multi-Housing Team
Bill Baumann has joined the JLL’s multi-housing team as a Managing Director in the Chicago office. He will report to… Read more
Hotel Veteran Bob McDonald Joins Murphy Asset Management
Bob McDonald has joined Chicago-based Murphy Asset Management as Managing Director. McDonald brings 30 years of hospitality management expertise and… Read more
Colliers Arranges Sale of I-88 Gateway Logistics Center in Aurora
Colliers has arranged the sale of the I-88 Logistics Center at 1200 Orchard Gateway in Aurora, Illinois. Jeff Devine and… Read more
Faropoint Hires VP Acquisition for Midwest Expansion
Michael Janus has joined Faropoint as VP of Acquisitions in the Midwest. Janus will oversee investment opportunities, asset management and… Read more
JV Embraces Pickleball’s Popularity by Serving Up New Sports Venues
A joint venture partnership between Hubbard Street Group and College Park Athletic Club will bring Pickle Haus, a sports-themed venue,… Read more
Frank Griffin Joins Lee & Associates of Illinois as Principal
Frank Griffin has joined Lee & Associates of Illinois’ Industrial Services Group as Principal, specializing in supply chain and logistics.… Read more
Stream Secures Leasing, Property Management for West Loop Building
Stream Realty Partners has taken over the leasing and property management services for a premier West Loop office building at… Read more
Grainger Leases 500K SF Warehouse at Carolina Logistics Park
Carolina Logistics Park in Pineville, NC has a new tenant. W.W. Grainger, Inc., an industrial supplier based in Lake Forest,… Read more
Grubhub Lays Off 400 Workers As Local Cutbacks Continue
Grubhub has laid off hundreds of workers, according to Crain’s Chicago Business. “After much consideration and evaluation of our business,… Read more