Illinois
Twin Brook Capital Expands Offices at 111 South Wacker
Union Investment is leasing the 35th floor of its office building at 111 S. Wacker in Chicago to Twin Brook… Read more
Partners Secure $100M to Acquire, Rehab Far South Side Section 8 Apartments
L+M Development Partners, a New York-based full service real estate development firm, and SAA|EVI, a Baltimore-based real estate development firm,… Read more
Bellwether Enterprise Arranges Acquisition Loan for Chicagoland Shopping Center Portfolio
Bellwether Enterprise Real Estate Capital LLC (BWE), a national commercial and multifamily mortgage banking company, closed on a $74,487,616 life company… Read more
Q&A with Colliers’ Michael Lirtzman on the Office Sector’s New Challenges
The U.S. office market has reached uncharted territory, Colliers says in its latest national report on the sector. “Following two… Read more
Wirtz Family’s Plan for 740-Acre Mixed-Use in Mundelein Clears Hurdle
The Wirtz family’s plan to develop 740 acres of farmland in Lake County cleared its first major hurdle Monday evening,… Read more
Architecture Firm HED Makes Move to Fulton Market with Flexibility in Mind
National architecture and design firm HED, based in Southfield, MI, just signed a 12-year lease to move from its 13,000-square-foot office at… Read more
Northwest Side Multifamily Finds Buyer in One Day
Quantum Real Estate Advisors, Inc. has brokered the sale of a 10-unit multifamily building located at 2919 W. Whipple St.… Read more
California-Based Pacifica Real Estate Makes First Chicago-Area Buy
Colliers’ Jeff Devine and Steve Disse represented DSI Development in the sale of a 79,869-square-foot warehouse/distribution facility located at 1900 Maywood Dr. in Maywood,… Read more
Chicago Plan Commission Signs Off on River West Casino Zoning
The Chicago Plan Commission on Monday signed off on zoning needed for the proposed Bally’s casino and entertainment complex in… Read more
Property Maintenance Platform Mezo Raises $6M in Seed Round
Chicago-based Mezo, provider of an AI-based platform for property maintenance, completed a $6-million seed investment co-led by Chicago Ventures and… Read more
O’Hare Named North America’s Best Airport for 19th Consecutive Year
Global Traveler magazine has named O’Hare International Airport as the “Best Airport in North America” for the 19th consecutive year… Read more
Thornton Tomasetti Adds VP to Focus on Decarbonization Business
Emily Kunkel has been brought on board as a VP in Thornton Tomasetti’s Applied Science practice to help grow its… Read more
Workforce Housing Changes Hands in Melrose Park 1031 Deal
Interra Realty brokered the sale of a 29-unit multifamily property in Melrose Park, IL for $2 million. The property at… Read more
Three More Developers Join the Fulton Market Parade
Three developers have made plans for as many as 2,100 apartments and an office tower at the north end of… Read more
McHugh Construction Marks 125 Years in Business
McHugh Construction has marked its 125-year anniversary by donating $125,000 to a variety of organizations and installing commemorative window displays… Read more
Peak Realty Chicago Brokers Two Sales of Three-Flats in One Week
Peak Realty Chicago (PRC) closed on two three-unit turnkey properties in the same week, selling both buildings to private real estate investors for… Read more
TradeLane Properties Snaps Up Glendale Heights Industrial Portfolio
TradeLane Properties, a privately held industrial real estate company, has purchased a three-building industrial portfolio totaling 190,476 square feet, in… Read more
Trimont Divests St. Louis-Area Apartment Complex for $20M
Transwestern Real Estate Services’ Southeast Investment Sales team and Balke Brown Transwestern have brokered the sale of Longacre Ponds, a 249-unit apartment community… Read more
Pangea Properties Strikes $600M Deal to Sell Its Chicago Apartment Holdings
Chicago-based Pangea Properties has agreed to sell the multifamily properties it owns locally to Emerald Empire, a real estate investment… Read more