Illinois
Aligned Completes First Phase of Hyperscale Data Center Campus
Aligned Data Centers has completed the first phase of its hyperscale data center campus in Northlake, IL. Aligned ORD-01, a… Read more
Kiser Group Markets Condo Deconversion in East Lakeview
Kiser Group has listed Harvard House Condominiums, a 94-unit property in the East Lakeview neighborhood of Chicago’s North Side. Listed… Read more
South Side Mega Church Redevelopment Could Have Much Higher Cost, $700M to $1B
A mega church’s plan to build a cultural center on 63rd Street in South Suburban Woodlawn in Chicago will have… Read more
Colliers Team Sells 11-Building Portfolio to Link Logistics
(Updated with additional information) Colliers Chicago’s Jeff Devine, Steve Disse and Chris Volkert represented a global real estate investment advisor… Read more
Major New Mixed-Use Development Announced for Chicago’s Tony Streeterville Neighborhood
A co-development and joint venture between Mavrek Development, GW Properties, and Luxury Living Chicago Realty are teaming to build a… Read more
Krusinski Construction Completes DeKalb Headquarters for Wehrli
On behalf of client Wehrli Custom Fabrication, Krusinski Construction Company has completed the design-build construction of a 112,000-square-foot warehouse, manufacturing… Read more
CBRE Data Show Continued Downtown Office Pain, Chicago Q1 Vacancy Hits Record 21.2%
Demand for Downtown Chicago office space continues growing, but CBRE says that with new supply hitting the market it has… Read more
Baird & Warner Makes Largest Donation to Habitat for Humanity Chicago
Baird & Warner, Illinois’ largest family-owned independent real estate services company, said its Good Will Works philanthropic arm will donate… Read more
Peak Properties Breaches Out to Denver, Realizes 35% IRR on Sale
Chicago based Peak Properties has sold a 17-unit multifamily building in the Capital Hill neighborhood of central Denver. The buyer wasn’t disclosed. … Read more
Revolution Beer Buys Big Property in Chicago’s North Kedzie Corridor
Illinois’ largest independent brewery Revolution Beer has purchased a 128,422 sf building at 3330-3360 N Kedzie in Chicago, according to… Read more
Google Reportedly Close to Deal for New Space in Booming Fulton Market
Google will likely soon be signing a lease for half the space in a spanking, brand new office building in… Read more
Portfolio Sale Near U. Illinois Urbana-Champaign Sets Records
Marcus & Millichap brokered the $150-million sale of a portfolio comprising more than 50 student housing properties totaling nearly 1,100… Read more
Tower in Chicago’s Streeterville Neighborhood Has Plan to Repurpose as a Hotel
In an innovative twist designed to repurpose empty office space, the principals of an apartment tower in the tony Streeterville… Read more
Chicago’s Essex Realty Group Snags Two Prime North Side Multifamily Listings
Chicago multifamily specialist Essex Realty Group has snagged two prime multi-family listings on Chicago’s North Side with a combined asking… Read more
Panattoni Development Acquires 29 Acres in Aurora
Darwin Realty/CORFAC International arranged the sale of 29 acres of land in Aurora, IL to Panattoni Development. Panattoni will be breaking… Read more
HSA Commercial to Develop 3 New Warehouses, 1.2M SF in Southeast Wisconsin
Chicago-based HSA Commercial Real Estate will start construction on three new industrial warehouses totaling nearly 1.2 million sf in southeast… Read more
More Renters Migrate to “Feeder Cities” in 2021
Household migration continued strong in 2021, fueled by pandemic restrictions, increasing household sizes and different job opportunities. According to StorageCafe,… Read more
Amazon Leases 1M SF in Joliet for Chicagoland’s Biggest Warehouse Deal Year-to-Date
Amazon has leased a one-million-square-foot warehouse at the CenterPoint Intermodal Center in Joliet, IL, reported Crain’s Chicago Business. It’s the… Read more
Greenstone Partners Marketing Two Loft Properties in Booming Fulton Market
Commercial real estate brokerage firm Greenstone Partners has listed two contiguous loft buildings in Chicago’s booming Fulton Market District, just… Read more