Illinois
Ribbon-Cutting Opens Phase One of Bronzeville MXU and Launches Next Phase
Chicago Mayor Lori Lightfoot recently joined The Habitat Company, P3 Markets and city officials to cut the ribbon on 43… Read more
Marcus & Millichap Closes Deal for Net-Leased Batavia Chipotle
Marcus & Millichap finalized the sale of a 2,350-square foot net-leased restaurant located in Batavia, Il. The asset sold for $2,050,000. Austin Weisenbeck,… Read more
Lee Illinois Arranges Leases for Industrial and Office in Elgin
Lee & Associates closed a pair of lease transactions totaling 14,420 square feet in Elgin, IL. In one transaction, Jay… Read more
Chicago Fed Survey Sees Economic Growth “Well Below Trend”
The Chicago Fed’s latest Survey of Economic Conditions (CFSEC) found that the Activity Index decreased to –37 in April from… Read more
Draper and Kramer Wins 2023 CAMME Award for 61 Banks Street in Gold Coast
Draper and Kramer, Inc. said 61 Banks Street, the firm’s 57-unit ultra-luxury boutique Gold Coast property, has been honored with a… Read more
BMO Names New U.S. CEO to Succeed Retiring Dave Casper
BMO has appointed Darrel Hackett as U.S. CEO of BMO Financial Group, president & CEO of BMO Harris Bank N.A., and CEO… Read more
Skender Builds Out Bloomingdale Space for Longtime Client Northwestern Medicine
Skender recently completed the buildout of the Northwestern Medicine Center for Pain and Spine Health Bloomingdale. The multidisciplinary clinic is located… Read more
EQT Exeter Picks Up Single-Tenant Distribution Center in SE Wisconsin
Colliers’ Jeff Devine and Steve Disse represented Janko Group, a 30-year-old real estate company that invest opportunistically across multiple product… Read more
Condo Deconversions in the South Loop, Lakeview Test the Investment Sales Market
A pair of developers that turned big condominium buildings into apartments over the past several years have put them up… Read more
TradeLane Buys 5-Building San Antonio Industrial Portfolio
TradeLane Properties, a privately held Industrial real estate investment company, has closed on a five-building light industrial portfolio totaling 631,000… Read more
Savanna Inks New Lease with Janet Mandell in Flatiron District
Janet Mandell, a luxury fashion rental company, has signed a new lease at 24 West 25th Street in the Manhattan’s… Read more
Flight to Quality Drives Down Vacancies in Trophy Downtown Chicago Offices
Avison Young’s First Quarter 2023 Office Market Report for downtown Chicago shows that vacancy in trophy buildings has decreased to 7.5% as… Read more
Skender Completes 81K-SF Headquarters Buildout for Avant
Skender recently completed construction on the new 81,000-square-foot Avant headquarters in The Mart. The financial technology company’s office features open workstations,… Read more
Washington Park Land Sale Will Support Housing for Student Athletes
Twenty-three housing units for student athletes will be constructed in Chicago’s Washington Park neighborhood through a city-owned land sale approved… Read more
Brennan Acquires Rolling Meadows Offices for $100M Conversion to Industrial
Brennan Investment Group said Thursday it had acquired the Atrium Corporate Center at 3800 Golf Rd. in Rolling Meadows, IL. The… Read more
A&C Snaps Up Lakeview Multifamily for $55M
An affiliate of Sonoma, CA-based A&C Ventures paid just under $55 million to acquire Lakeview 3200, a seven-story building at 3200 N.… Read more
Marcus & Millichap Closes Sale of Chicago Heights Portfolio
Marcus & Millichap arranged the sale of an 18-unit apartment building portfolio located in Chicago Heights, IL. The asset sold for $1,265,000. Eric Bell, executive… Read more
Cicero Apartments Find Buyer a Week After Listing
Monarch Realty Partners, a Chicago-based multifamily brokerage firm, has negotiated the $2.375-million sale of a 38-unit apartment building in Cicero,… Read more
Cushman & Wakefield Hires Noelle Perkins as General Counsel and Corporate Secretary
Cushman & Wakefield has appointed Noelle Perkins as EVP, general counsel & corporate secretary, effective July 1. She will be… Read more