Illinois
Interra Realty Finalizes Park Manor Multifamily Sale
Interra Realty negotiated the $1.9-million sale of 7027-33 S. Indiana Ave., a 26-unit multifamily property in Chicago’s Park Manor neighborhood. The… Read more
Bar-S Leases Woodridge Warehouse as Midwest Hub
Bar-S, a Sigma brand, signed a 47,539-square-foot lease at Prologis’ 130,000-square-foot warehouse/distribution facility located at 2141 Internationale Pkwy. in Woodridge,… Read more
Google Will Acquire, Occupy Thompson Center in Chicago’s Loop
Google said Wednesday it would acquire and occupy the James R. Thompson Center in Chicago’s Loop for $105 million. The… Read more
Greenberg Traurig Adds Shareholder, Counsel to Chicago Real Estate Team
Greenberg Traurig has expanded its real estate law practice in Chicago with the addition of Jeffrey S. Rheeling as shareholder… Read more
33 Realty Closes Sale of Naperville Condo Deconversion
33 Realty has closed the sale of the Quail Ridge of Naperville Condominiums in Naperville, IL for $21,700,000. The circa-1977… Read more
DePaul/ULI Chicago Sentiment Report: Bearish on 2022, Optimistic on 2023
The sentiment among Chicago real estate professionals trends toward concern for the balance of 2022 but more optimistic for 2023… Read more
Greystar Tops Out on First Chicago Highrise
Greystar has topped off construction of its first Chicagoland highrise development project, One Six Six, at 166 N. Aberdeen St. in the… Read more
Three-Property Portfolio Listed in Lincoln Square, Lincoln Park
Essex Realty Group’s Doug Imber, Kate Varde, Jaimie Steinher, Dan Shepherd and Rick Ofman have been tapped to sell a… Read more
DarwinPW Guides Prefab Home Manufacturer to First North American Space
DarwinPW Realty broker Dan Prendergast represented both the building owner, Brennan Investments, and the tenant, PrefabPads LLC, in leasing 28,800… Read more
Lightfoot Unveils Three Options for Renovating Soldier Field
Chicago Mayor Lori Lightfoot on Monday announced three proposals for renovations of Soldier Field, a component of the city’s lakefront… Read more
JCA Completes Lower-Level Concourse Build-Out for DePaul
Interior construction firm J.C. Anderson (JCA) completed a build-out to DePaul University’s lower-level concourse located at 333 S. State St. The firm gutted… Read more
GI Stone’s Sandya Dandamudi Honored by River North Business Association
Sandya Dandamudi, president of Chicago-based GI Stone, has been honored with the Albert Friedman Award for 2022 by the Greater River North… Read more
Rockford Apartments Change Hands via Northmarq
Parker Stewart, Alex Malzone and Dominic Martinez of Northmarq’s Chicago and St. Louis investment sales team completed the $42,800,000 transaction… Read more
Illinois Issues First Round of Cannabis Shop Licenses
The State of Illinois on Friday awarded 149 of the 185 cannabis dispensary licenses selected in three lotteries last summer.… Read more
JLL Arranges Construction Loan for River North Multifamily
JLL Capital Markets arranged a $59.8-million construction financing for 741 North Wells, a shovel-ready, 21-story, 168-unit, Class A multifamily project… Read more
City Council Enacts Pilot Preservation Fund for South Shore Condos
Chicago City Council on Thursday approved a measure creating a new pilot preservation fund geared toward vulnerable condo and co-op… Read more
Greystone Provides Bridge Loan for Schaumburg Deconversion Deal
Greystone provided $60,000,000 in bridge financing to acquire 21 Kristin Apartments, a 357-unit condo deconversion property in Schaumburg, IL. The… Read more
Class A Office Fares Best in Chicago Suburbs
In Chicago’s suburbs, high quality, well located, Class A properties will continue to see the most activity as employers look… Read more
The Race to Invest in Collision Centers
By Jake Marthens, Matthews Real Estate Investment Services Accidents happen, and no matter how strong e-commerce becomes or if a… Read more