Illinois
GAF Lines Up 450K-SF Manufacturing Plant in Peru, IL
GAF, North America’s largest roofing and waterproofing manufacturer, will build an $80-million, 450,000-square-foot manufacturing facility in Peru, IL just north… Read more
Limited Availabilities Slow Net Absorption in Chicago Industrial
Vacancy in Chicago’s industrial market decreased by 40 basis points in the second quarter and 190 bps year-over-year to 4.0%,… Read more
Ferrero North America to Open Innovation Center in the Loop
Ferrero North America, part of the global confectionery company Ferrero Group, plans to open an Innovation Center in Chicago’s Marshall… Read more
PDB Construction Adds Two to Leadership Team
PDB Construction has made two additions to its leadership team. Michael Swain has joined the Buffalo Grove, IL-based firm as… Read more
Housing Trust Group Enters Illinois with Arlington Heights Project
Affordable housing developer Housing Trust Group (HTG) has closed on financing and broken ground on Crescent Place, an $18.2-million project in… Read more
Inland Private Capital Produces 265% Total Return on Zero-Coupon Offerings
Oak Brook, IL-based Inland Private Capital Corporation (IPC) sold two pharmacy portfolios for a combined $80 million, a premium to the… Read more
PPM America’s Core Plus Strategy Marks Two Milestones
PPM America Inc.’s Core Plus Real Estate Debt Strategy recently achieved two key milestones: a three-year track record and more than… Read more
AmCap Acquires Grocery-Anchored Center in Hoffman Estates
AmCap, Incorporated has acquired Hoffman Plaza, a 146,263-square-foot, high volume, grocery-anchored shopping center in the Chicago suburb of Hoffman Estates,… Read more
Park Hyatt Chicago Reopens After $60M Refresh
The Park Hyatt Chicago has resumed operations, unveiling a $60-million redesign of guestrooms and public spaces. Located along the Magnificent… Read more
Essex Lists Courtyard Building in Rogers Park
Essex Realty Group is marketing for sale 6513-23 N. Newgard Ave., a multifamily property in the North Side’s Rogers Park… Read more
Waterton Names SVP, Marketing and Communications
Christina Steeg will join Chicago-based Waterton as SVP, marketing and communications. She will be responsible for overseeing the strategic direction… Read more
EQT Exeter Acquires West Dundee Apartments from Developer
EQT Exeter’s U.S. Multifamily team recently acquired the 380-unit Reserve Randall Road in West Dundee, IL, in an off-market deal.… Read more
Marcus & Millichap Closes Sale of Indiana Retail Above List Price
Marcus & Millichap arranged the sale of 600 Gateway Blvd., a 12,400-square-foot new construction retail property leased to several popular… Read more
Belgravia Group Emphasizes Extra-Large Condo Units in New West Loop Project
In another example of the surge in popularity of Chicago’s West Loop, locally based Belgravia Group, Ltd. has announced a new… Read more
ULI Chicago, DePaul Real Estate Center Slate Webinar on Industry Sentiment
The Real Estate Center at DePaul University and The Urban Land Institute Chicago District Council are preparing to release the… Read more
Two-Property Apartment Portfolio Finds Buyer in Logan Square
Interra Realty negotiated the sale of a two-building multifamily portfolio in Chicago’s Logan Square neighborhood for $2.875 million, or $205,357… Read more
Clear Height Makes Promotions in Acquisitions, Asset Management
Rick Nevarez has been promoted to director of acquisitions and Joe Young to managing director, asset management and acquisitions at… Read more
Brennan Developing Build-to-Suit for Zippy Shell
Brennan Investment Group will develop a 118,800-square-foot build-to-suit warehouse facility for Zippy Shell Incorporated in Bartlett, IL. The tenant is… Read more
Bell Works Chicagoland Signs Largest Office Tenant to Date
Bell Works Chicagoland, the redeveloped former AT&T corporate campus in Hoffman Estates, has signed a long-term lease with Club Colors,… Read more