Illinois
Cresa Adds Three New Advisors to Chicago Team
Occupier-centric commercial real estate firm Cresa has added three more advisors to its Chicago team. They include the following: “We’re… Read more
Byline Bank to Merge with Inland Bank & Trust
Chicago-based Byline Bancorp, Inc. and Oak Brook, IL-based Inland Bancorp, Inc., including subsidiary Inland Bank & Trust, said Thursday they… Read more
Rare Middle-Market Apartment Asset in Near North Sells at Premium Cap Rate
Essex Realty Group, Inc. recently facilitated the purchase and sale of 67 W. Chestnut St., a rare middle-market multifamily property… Read more
Locke Lord Adds Two Partners in Chicago with Focus on Distressed Situations
Mark Silverman and Jonathan Aberman have joined Locke Lord’s Bankruptcy, Restructuring and Insolvency Practice Group as partners in the firm’s… Read more
Hudson Valley Property Group Enters Chicago with Bronzeville Acquisition
Hudson Valley Property Group (HVPG), a national affordable housing preservation company, has acquired Drexel Court & Lake Park East, a… Read more
Midwest Industrial Funds Brings Joliet Warehouse to Full Occupancy
Midwest Industrial Funds, a vertically integrated national real estate investment company, has achieved 100% occupancy at its 187,522-square-foot warehouse located… Read more
Metro Edge Assembles Development Team for $257M Data Center in Illinois Medical District
Metro Edge Development Partners, a commercial real estate development firm and minority business enterprise, has finalized agreements with Corgan, Clune… Read more
New Office Space Demand Posts Second Monthly Increase
New demand for office space rose for the second consecutive month, up 8.3% from a VTS Office Demand Index (VODI) reading… Read more
Essex Realty Lists New Multifamily in Wrigleyville
Essex Realty Group, is marketing for sale Panorama Apartments, a 142-unit new construction apartment building in Chicago’s Wrigleyville neighborhood, located… Read more
Phil Geiger Joins Stream Realty in Chicago from JLL
Phil Geiger has joined Stream Realty Partners as a managing director in the firm’s Chicago office. He comes to Stream… Read more
Converted Warehouse in Hodgkins Will Contain Two Manufacturing Tenants
Brown Commercial Group partner Mike Antonelli represented Pioneer Service, Inc. and M&M Quality Grinding, Inc. in leasing a total of… Read more
Claire’s Partners with Macy’s for Store-within-a-Store Locations
Hoffman Estates, IL-based fashion accessory retailer Claire’s Holdings LLC has forged a partnership with Macy’s to open store-within-a-store locations at… Read more
Hyatt to Acquire Dream Hotel Group’s Global Platform
Hyatt Hotels Corporation has agreed to acquire Dream Hotel Group’s lifestyle hotel brand and management platform. Spanning properties in the… Read more
CBRE Promotes Bruce Westwood-Booth to Vice Chairman
Bruce Westwood-Booth of CBRE Capital Markets has been promoted to vice chairman, the highest title ranking among producers at the… Read more
Six-Flat Sale Sets Per-Unit Record for Logan Square Apartments
Peak Realty Chicago (PRC) has closed a Logan Square six-flat for $2.765 million, the highest priced per-unit sale for a… Read more
$45M Streetscape Improvement Breaks Ground in South Chicago
City officials broke ground recently on a $43-million streetscape improvement project in South Chicago as part of the INVEST South/West… Read more
Highwood Apartments Fetch $11M During Lease-Up Period
Interra Realty recently brokered the sale of a 37-unit multifamily property in Highwood, IL. The newly built property, located at… Read more
BMO Commits $40 Billion to Community Investment
Chicago-based BMO Harris Bank on Monday announced a Community Benefits Plan (CBP) that outlines a more than $40-billion commitment to… Read more
CBRE Arranges Six Leases at Spec Offices in West Loop
CBRE has arranged six leases totaling 54,183 square feet at 609 W. Randolph St, a speculative office building that delivered… Read more