Illinois
Hyatt Completes Acquisition of Dream Hotel Group
Hyatt Hotels Corporation completed its acquisition of the Dream Hotel Group lifestyle hotel brand and management platform, bringing a portfolio of… Read more
Jacuzzi Eases into Glendale Industrial Park
MDH Partners has secured a 143,520-square-foot lease agreement with Jacuzzi Group at Kentwood 303, a two-building industrial park in Glendale, Ariz. A subsidiary… Read more
WMG Development Acquires Mixed-Use Potential Site with Office in Downtown Sarasota
WMG Development, an Effingham, IL-based real estate investment and development company, has acquired a 12-story office tower located at 1390… Read more
BOMA/Chicago Celebrates 2023 Winners of Gold Circle and TOBY Awards
The Building Owners and Managers Association of Chicago (BOMA/Chicago) announced winners of the 2023 Gold Circle and “The Outstanding Building… Read more
Recently Renovated Uptown Apartments Fetch $5M
Interra Realty brokered the sale of a 42-unit multifamily property in Chicago’s Uptown neighborhood. The building sold for $5.2 million,… Read more
Principle Construction Completes Fifth Expansion for General RV in Huntley
Principle Construction Corp. has completed its third expansion in five years of the General RV space at 14000 Automall Dr.… Read more
Katten and Chubb Ink Big Renewals at Tishman Speyer’s 525 W. Monroe
Tishman Speyer said Thursday it had secured major lease extensions with Katten and Chubb, two of its longest-standing tenants at… Read more
Self-Storage Demand and Outlook: Q&A with StorageCafe’s Mirela Mohan
According to a recently released report by StorageCafe, rates in the sector have been decreasing nationally, though some cities (like… Read more
CRE Career Move Roundup – Florida
Connect CRE traditionally receives a tsunami of new-hire announcements at the beginning of each new year, and Florida is certainly… Read more
BMO Completes Bank of the West Acquisition
BMO Financial Group and its subsidiaries BMO Financial Corp. and BMO Harris Bank N.A., with U.S headquarters in Chicago, completed… Read more
1.4-Million-Square-Foot Medline Distribution Center Completed in Grayslake
Design firm Ware Malcomb and general contractor Alston Construction Company have completed a new Medline distribution center located in Grayslake, IL. Ware Malcomb… Read more
Chicago City Council Approves Long-Planned Norfolk Southern Rail Yard Expansion
The Chicago City Council on Wednesday approved a railroad expansion that has been years in the making despite local opposition… Read more
JRW Realty Closes Over $800M in Properties in 2022
Pasadena, CA-based net-lease-focused commercial real estate brokerage JRW Realty, has announced that the firm closed 179 properties valued at over… Read more
Essex Realty Lists East Albany Park Multifamily
Essex Realty Group, Inc. has been selected to market 3055 W. Eastwood Ave., a 13-unit multifamily property located in Chicago’s… Read more
ML Realty Promotes Ken Lavand to Senior Financial Analyst
Ken Lavand has been promoted to senior financial analyst at ML Realty Partners. Since joining the Itasca, IL-based investment firm in 2017, Lavand… Read more
Office Property Sells to McHenry School District
Entre Commercial Realty has arranged the sale of a 21,500-square-foot office building located at 420 Front St. in McHenry, IL. The… Read more
Tiger Cool Express Plans Tri-Cities Intermodal Development
Tiger Cool Express has signed a lease-purchase agreement with Union Pacific Railroad to acquire the former Cold Connect property in… Read more
Lightfoot Agreement with ComEd Calls for Backing Clean-Energy Projects
Commonwealth Edison will continue to serve the city of Chicago for at least the next 15 years under an agreement… Read more
JVM Snaps Up Class A Wheaton Multifamily
JVM Realty Corp., a vertically integrated multifamily real estate investment and property management firm, has acquired Courthouse Square, a 149-unit… Read more