Illinois
It’s Time to Nominate Commercial Real Estate’s Most Influential Women
The deadline is nigh to participate in Connect CRE’s sixth annual Women in Real Estate Awards. We’re continuing to call for… Read more
JAM Equities Signs Development Deal with Freddy’s Frozen Custard
Fast-casual restaurant concept Freddy’s Frozen Custard & Steakburgers has signed a multi-unit development agreement with Chicago-based JAM Equities. The agreement calls… Read more
O’Hare-Area Warehouse Trades in Sale-Leaseback
NAI Hiffman recently brokered the sale-leaseback of a 251,909-square-foot warehouse located at 1455 W. Thorndale Ave. in Itasca, IL, about… Read more
Air Taxi Service Will Undergo First North American Test in Chicago
Eve Holding, Inc. will conduct its first North American urban air mobility simulation in Chicago next month. It will use… Read more
New Restaurant Concept Comes to Near North Neighborhood
Leslie Karr and Lorile Herlihy of SVN Chicago Commercial recently negotiated the 10-year lease of a new restaurant, Lady May,… Read more
Multifamily Duo in East Garfield Park Sells to Out-of-State-Buyer
Kiser Group partners Aaron Sklar and Noah Birk and director Jack Petrando recently closed the sale of Homan Properties, comprising… Read more
Cresa Adds Three-Member Brokerage Team in Chicago
Cresa is growing its brokerage ranks in Chicago with the addition of an established team of three advisors. Dave Wilson… Read more
Continental Realty Corp. Enters Chicagoland via $94M Grocery-Anchored Portfolio
Baltimore-based Continental Realty Corporation (CRC) has entered the suburban Chicago real estate market, acquiring a portfolio of five shopping centers… Read more
CloudHQ, ComEd Launch $2.5B Data Center Project in Mt. Prospect
ComEd and CloudHQ broke ground Tuesday on what will be one of the largest data centers in Illinois. Construction is… Read more
CA Health & Science Trust Marks First Anniversary
CA Health & Science Trust, Inc. (CAHST), a private REIT focused on the acquisition and development of medical office and… Read more
Newmark Valuation & Advisory Names Market Lead for North Central Region
Newmark Valuation & Advisory (Newmark V&A) has promoted John Mackris, MAI, MRICS, CCIM, to market leader of the North Central region. Based… Read more
Inflation Pushes Cost Estimate on Woodlawn Central Project to $800M
The estimated cost of Woodlawn Central, a mixed-use development in Chicago’s Woodlawn neighborhood, has increased by one-third since the start… Read more
Oklahoma Venture Picks Up Two Distressed Chicagoland Hotels
In deals to resolve pending foreclosure lawsuits, a venture led by Oklahoma-based real estate investor Mark Beffort of Newmark Robinson… Read more
HSA Closes Out Lease-Up of Indianapolis-Area Business Park
Chicago-based HSA Commercial Real Estate has executed a 139,820-square-foot lease with global logistics provider Rhenus Logistics at Gateway Industrial VI. The lease marks Rhenus’ first… Read more
Connect Media Launches Online Learning Center for CRE Accreditation
Connect Media, a commercial real estate news, events and creative services agency, has launched Connect Classroom, an innovative online learning… Read more
Circle K Comes on Strong with Foray into Loop Market
Convenience store brand Circle K is making a bet on downtown Chicago, leasing smaller-format outlets in and around the Loop,… Read more
CRE Attorney James Brescoll Rejoins Bryan Cave in Chicago
Bryan Cave Leighton Paisner (BCLP) recently welcomed real estate attorney James Brescoll back to the firm. Previously with BCLP from… Read more
Federal Grant Supports Construction of Englewood Nature Trail
Mayor Lori E. Lightfoot, U.S. Senators Dick Durbin and Tammy Duckworth and U.S. Rep. Danny Davis recently announced $20 million… Read more
Walker & Dunlop Structures Financing for Three Chicago-Area SNFs
Walker & Dunlop, Inc. structured $57.2 million in financing for three skilled nursing facilities (SNFs) in Chicagoland. Senior managing director… Read more