Illinois
Air-Taxi Service Coming to Chicago in 2025
United Airlines and Archer Aviation Inc. announced plans Thursday to launch the first air-taxi route in Chicago, between O’Hare International… Read more
Debt Maturity: What’s Actually in Trouble?
Note: This is the second in a series of Weekender articles about upcoming commercial real estate debt maturities and their… Read more
David Knapp Joins CBRE Capital Markets in Chicago
industry veteran David Knapp has joined CBRE Capital Markets as an EVP, focusing on institutional sales of office assets in… Read more
Investors Sue Lightfoot Administration Over Property Adjacent to Michael Reese Site
A group of local investors has filed suit against the Lightfoot administration for what they charge was illegal use of… Read more
Calamos Signs Retail and Office Tenants at CityGate Centre in Naperville
Calamos Real Estate LLC said Wednesday it had entered into two new lease agreements, one each for retail and office, at… Read more
S&C Electric Plans Manufacturing Expansion with 275K-SF Palatine Facility
Electrical grid company S&C Electric will expand its U.S. manufacturing footprint with a 275,000-square-foot facility in Palatine, IL, approximately 25… Read more
Mid-America Brokers Sale of Gold Coast Luxury Retail
Mid-America Real Estate Corporation’s Investment Sales Group recently brokered the sale of 1003 N. Rush St., an urban retail building located… Read more
Conagra CEO Connolly Named Board Chair for Economic Club of Chicago
The Economic Club of Chicago has announced that Conagra Brands CEO Sean Connolly has been selected as the next chair… Read more
Greenstone Lists 92% Leased Retail Center on Chicago’s Southwest Side
Greenstone Partners is marketing Midway Square, a 55,332-square-foot retail center on Chicago’s Southwest Side. The asking price is $12,350,000. Located… Read more
Lee IL Arranges Lease for Seller of High-End Hot Tubs
Lee & Associates negotiated a $1.4-million lease of 7,667 square feet of regional retail space located at Hawthorn Mills Square… Read more
Pritzker Administration Readies $175M of Grants for Hard-Hit Hotels, Restaurants, Theaters
Governor JB Pritzker and the Illinois Department of Commerce and Economic Opportunity (DCEO) on Tuesday announced $175 million in available grant… Read more
Evolent Eyes Further Downsizing of Loop Offices Following Layoffs
Healthcare consultancy Evolent, which last year subleased about 25,000 square feet of its downtown Chicago office space to Cision, is… Read more
Pebblebrook Trades Retail Portion of Westin Michigan Avenue
Pebblebrook Hotel Trust said Monday that it closed on the sale of 909 N. Michigan Ave., a 5,860-square-foot, three-tenant high-street… Read more
Cook County Gives Metra $5M Toward Roseland Station Modernization
The Cook County Board of Commissioners has approved a $5-million allocation to Metra that’s intended to support a $38-million modernization… Read more
Industrial Real Estate Experts Weigh in on the Sector’s 2023 Outlook (VIDEO)
At the recent Connect Industrial Midwest 2023 conference in Rosemont, IL, the conversation both on and off the stage revolved… Read more
Rush Plans $70M Outpatient Facility at Former Sears Site in Galewood
Rush University System for Health on Monday announced plans for a new $70-million outpatient center at the former Sears site… Read more
Atlanta Ends 2022 in Third for US Industrial Leases, Savannah in Fourth
Demand for industrial and logistics warehousing space is driving an increase in megawarehouses, according to CBRE. The largest 100 industrial… Read more
Nominate a Rising Star for Connect CRE’s Seventh Annual Next Generation Awards
Connect Commercial Real Estate’s sixth annual Next Generation Awards in 2022 put the spotlight on more than 100 of commercial… Read more
Clear Channel Outdoor Readies Digital Media Makeover at Accenture Tower Commuter Portal
Clear Channel Outdoor Americas, the sole media provider for business and community partner messaging via the 500 W. Madison atrium and… Read more