Illinois
Social Media Giant Meta in Huge $1B Downstate Illinois Data Center Spend
Social Media Giant Meta today announced a massive expansion of its downstate Illinois DeKalb Data Center. The expansion will more… Read more
JLL Arranges Sale of the Iconic Neiman Marcus Michigan Ave Store
JLL Capital Markets has closed the sale of and arranged acquisition financing for the 195,500-square-foot flagship Neiman Marcus building located… Read more
Kiser Group Lists Historic Apartments in Gold Coast
Kiser Group has listed Canterbury Court Apartments, a historic, 16-story property with 172 units at 1220 N. State Pkwy. in… Read more
SIOR Chicago Welcome SIOR Global CEO Robert Thornburgh
On March 24th, the Chicago Chapter of The Society of Industrial and Office Realtors (SIOR) hosted a Meet and Greet… Read more
Sterling Bay, Harrison Street Top Out at Lincoln Yards’ First Life Sciences Building
Sterling Bay and Harrison Street recently celebrated the structural completion of 1229 W Concord Pl., a 320,000-square-foot life sciences facility… Read more
Greenberg Traurig Adds Abigail Flanagan and Jamie Romick to Firm’s Real Estate Practice
Global law firm Greenberg Traurig LLP is expanding its real estate practice in its Chicago office, adding Abigail M Flanagan… Read more
Redevelopment of Bronzeville Neighborhood Gets Boost With Launch of $50M Affordable Housing Fund
Eagle OZ, a Chicago real estate investment group, today launched Eagle OZ Fund II, an Opportunity Fund that provides investors… Read more
Vestian Secures New HQ for Headline Solar in “Metroburb” Bell Works Development
Global commercial real estate concern Vestian, has secured a new 15,000 square foot headquarters space for Headline Solar, the fastest-growing… Read more
New Draper & Kramer Apartments Will Add to Huge Supply to Hit Market
Chicago commercial real estate developer Draper & Kramer has unveiled plans for a 129-unit apartment building at 330 W. Chestnut… Read more
Chicago’s Christy Lockridge Appointed PGIM Real Estate’s First DEI Officer
PGIM Real Estate has appointed Christy Lockridge as the business’s first chief diversity, equity and inclusion (DEI) officer, based in… Read more
Crain’s: Chicago’s Northpond Sells Naperville Shopping Center
A Chicago-based investment partnership has sold a Naperville shopping center for a price in excess of $52 million, according to… Read more
Suburban Chicago Office Vacancies Decline for First Time Since Q1 2020
For the first time since the pandemic began, office vacancy in Chicago’s suburbs has decreased, reports Colliers’ Ronna Larsen. Overall… Read more
Avison Young Closes Deal for West Side Industrial Space
Avison Young negotiated the sale of 44,000 square feet of industrial space on behalf of the undisclosed seller at 3843-3847… Read more
Pulte’s Del Webb Unit Will Develop New Active Adult Community West of Chicago
Active adult community developer Del Webb will begin building a new community near Chicago, its first new development in the… Read more
Tony’s Fresh Market Grocery Chain Trades to Apollo
Private equity giant Apollo has acquired Tony’s Fresh Market, a mainstay of the Chicago region’s grocery sector. Established in 1979,… Read more
Hines Tops Off Salesforce Tower Chicago, Highlights the Sustainability of the New Tower
Global commercial real estate concern Hines says it has completed concrete core and steel structure for Salesforce Tower Chicago, the… Read more
Food Packager Will Build Facility on Chicago’s SW Side
Harvest Food Group will construct a food production facility in New City on Chicago’s Southwest Side. The $60-million food production… Read more
Mid-America Team Brokers Sale of Two Premier Malls in Chicago’s North Suburbs
Mid-America Real Estate Corporation’s Investment Sales team has brokered the sale of two premier shopping centers located in the Chicago… Read more
Promenade Bolingbrook Shopping Center in North Suburban Chicago Sold in Distressed Deal
In a transaction that likely set heavy losses for its owner and creditors, a venture backed by Chicago-based M&J Wilkow… Read more