Illinois
Beverly Portfolio Sale Closes After Complicated Escrow Process
Kiser Group advisors John George and Joe Bianch brokered the $8.5-million sale of an apartment portfolio in Beverly on Chicago’s Southwest Side.… Read more
First Phase of 26-Property Retail Sale Crosses Finish Line
Colliers’ Peter Block, along with Rachel Patten, arranged the sale of seven multi-tenant retail properties and one industrial building, part… Read more
Draper and Kramer Under Contract for Massive Bronzeville Sale
More than six decades after building the 1,869-unit Lake Meadows housing complex in Bronzeville, Draper & Kramer is selling the… Read more
Cushman & Wakefield Adds Tyler Morss as Director for Healthcare Capital Markets Team
Cushman & Wakefield has appointed Tyler Morss as director of its Healthcare Capital Markets Team. In his new role, Morss… Read more
Bally’s, Tribune Publishing Reach Agreement to Vacate Site of Future Casino
Tribune Publishing has agreed to leave the Freedom Center printing plant in River West by July 2024 to make way… Read more
Law Firm Burke Warren Renews Lease at Longtime Loop Offices
Savills arranged a multi-year lease extension on behalf of Burke, Warren, MacKay, & Serritella P.C. The law firm will remain at AMA… Read more
Lendlease, McHugh Employees Celebrate Construction Safety Week
Lendlease and McHugh Construction joined contractors across the country May 1-5 in celebrating Construction Safety Week and participating in OSHA’s… Read more
City Cuts Ribbon on New Chicago Park District Headquarters
City officials and local community leaders cut the ribbon Friday on the new home of the Chicago Park District headquarters… Read more
NYC Continues to Top List of U.S. Cities with Highest Taxes
The latest ranking of U.S. office assets with the highest property taxes shows that, as expected, New York City dominates… Read more
Michelle MacKay to Succeed John Forrester as Cushman & Wakefield CEO
Thirty-five-year Cushman & Wakefield veteran John Forrester will retire as CEO and member of the board of directors effective June… Read more
Transwestern Guides Nonprofit to New Loop Headquarters
Transwestern Real Estate Services (TRS) said Heartland Alliance had signed a 20,941-square-foot lease at 55 East Monroe, a 1.3 million-square-foot… Read more
Thornton Tomasetti Relocates Chicago Offices to Fulton Market
Global scientific and engineering consulting firm Thornton Tomasetti has signed a new lease for 18,943 square feet on the seventh floor at 600 West Fulton, a… Read more
Workforce Support and Training Center Breaks Ground on Chicago’s West Side
The Westside Health Authority (WHA) and Austin Coming Together (ACT), joined by city officials and representatives from BMO and ITW,… Read more
Net-Leased Waukegan Offices Sell to Investment Partnership
CBRE arranged the sale of a 116,500-square-foot office building located at 2100 Norman Dr. in Waukegan, IL. The property is… Read more
Origin Investments Closes Second QOZ Fund at $300M-Plus
Origin Investments, a leading real estate fund manager headquartered in Chicago, has reached the final close of Origin Qualified Opportunity… Read more
Willis Tower Reaches 50th Anniversary After $500M Redevelopment
EQ Office, Blackstone’s U.S. office portfolio company, announced plans to celebrate Willis Tower’s golden anniversary and iconic status in Chicago’s… Read more
SVN Chicago Closes Sale on Andersonville Commercial Corridor
Wayne Caplan of SVN Chicago Commercial helped secure the building sale at 5255-59 N Clark St. in Chicago’s Andersonville neighborhood.… Read more
Net-Leased US Bank Branch in Chinatown Sells to Local Investor
SRS Real Estate Partners’ National Net Lease Group has completed the $2.8-million sale of a single-tenant retail property occupied by… Read more
Special Servicer Puts Joliet Mall Up for Sale
After the loss of two department stores, the pandemic and an $85-million debt default, the Louis Joliet Mall has hit… Read more