Illinois
Walgreens Nixes Sale of Boots HBA Chain Amid “Market Instability”
Walgreens Boots Alliance (WBA), the Deerfield, IL-based holding company, said Tuesday it had decided to retain its Boots and No7… Read more
CBRE Completes Two Leases at Fulton Market Offices
CBRE has completed two office leases within Murphy Development and Creek Lane Capital’s 318 N Carpenter in Chicago’s Fulton Market… Read more
Timber Hill Trades Outdoor Storage Facility in Brighton Park
Timber Hill Group, a Chicago-based private equity firm specializing in the acquisition and development of logistics related real estate, has… Read more
Merchants Capital Closes Permanent Loan for TOD Apartments in Roselle
The Chicago office of Merchants Capital closed a 221(d)(4) new construction/permanent loan for Metro 19 Apartments in Roselle, IL. The… Read more
JV Launches Large-Scale Spec Industrial in Chicagoland’s I-90 Corridor
Construction has begun on Huntley Commercial Center, a speculative industrial development in Huntley, IL, within Chicagoland’s I-90 corridor. Going vertical… Read more
ShopCore Properties Appoints Veteran CRE Executive Marc Ricks as CEO
ShopCore Properties has appointed Marc Ricks as CEO. Ricks joins ShopCore with decades of experience leading projects and teams in… Read more
Edgewater Apartments Go Under Contract in 14 Days
Essex Realty Group recently facilitated the sale of 1401 W. Highland Ave., a 12-unit apartment building located on the corner… Read more
Mid-America Brokers 1031 Sale of LA Fitness in Westmont
Mid-America Real Estate Corporation’s investment sales group recently brokered the sale of an LA Fitness location in Westmont, IL at… Read more
Northmarq’s Brett Hood Arranges $200M Recap
Brett Hood, managing director at Northmarq’s Chicago debt/equity office, secured a $199,088,900 recapitalization of 17 multifamily properties in Iowa, Nebraska… Read more
BMO Opens U.S. Headquarters Tower in Chicago’s West Loop
BMO Financial Group cut the ribbon Friday on BMO Tower, its new U.S. headquarters. Developed by Riverside Investment & Development,… Read more
Yelp Shuttering Offices in NYC, Chicago and DC in Move to Remote Work
Online review company Yelp will shutter its “most consistently underutilized” offices in New York, Chicago and Washington, DC and downsize… Read more
Allegheny Technologies Inc Ditching Pennsylvania for Dallas
The company, who is changing its name to ATI, is moving its corporate headquarters to Downtown Dallas. It’s the second… Read more
Ventas Appoints Pamela Boneham as Senior Strategic Advisor to Investment Management Platform
Healthcare REIT Ventas, Inc. has appointed Pamela Boneham as a senior strategic advisor to its Ventas Investment Management (VIM) Platform. … Read more
Kiser Group’s Friedman and Parker Close Lakeview Deconversion Sale
Kiser Group director Andy Friedman and advisor Jake Parker closed on a $4.925-million deconversion sale in Chicago’s Lakeview neighborhood. The property at 815-817 W Addison… Read more
Darwin Realty, PW Commercial Will Unite
Effective July 1, the Chicago-based PW Commercial Real Estate/TCN Worldwide team will join Darwin Realty/CORFAC International. Following the merger, Darwin Realty/CORFAC International will change… Read more
WS Development Makes Second Wilmette Acquisition
Massachusetts-based mixed-use developer WS Development, has acquired Plaza del Lago in Wilmette, Il. The approximately 100,000 square-foot open-air shopping center,… Read more
Ken Griffin Moving Citadel Headquarters to Miami
Ken Griffin, who heads Citadel, the Chicago-based hedge fund, told employees in a note Thursday he has moved his family… Read more
Hobbs Brook Real Estate Names Peter Gottlieb as President and CEO
Waltham, MA-based Hobbs Brook Real Estate, LLC, has appointed Peter Gottlieb as president and CEO to spearhead overall strategic initiatives.… Read more
Abbott Laboratories Chooses Willis Tower for First Downtown Chicago Offices
Abbott Laboratories has leased more than 100,000 square feet at EQ Office’s Willis Tower, reported Crain’s Chicago Business. The office reportedly… Read more