Illinois
Habitat Closes on Fulton River Development Site
Chicago-based The Habitat Company has closed on the acquisition of 344 N. Canal St. in Chicago’s Fulton River District, where… Read more
CMBS Delinquencies Rise in January, Driven by Office and Regional Malls
Fitch Ratings’ U.S. CMBS delinquency rate rose three basis points to 2.70% in January 2022 from 2.67% in December, driven by larger… Read more
Lightfoot Hints at Proposals to Keep Chicago Bears at Soldier Field
Mayor Lori Lightfoot hinted at a couple of pathways toward persuading the Chicago Bears to reconsider exiting Soldier Field and… Read more
TMG Real Estate Promotes VP Phillips to SVP
Chicago-based TMG Real Estate Advisors promoted Ryan Phillips to SVP. In this role, Phillips will continue to focus on servicing… Read more
Essex Realty’s Mond Sells Jackson Park Apartments for Second Time
Essex Realty Group recently facilitated the sale of 6720 S. Jeffery Blvd., an 81-unit apartment building located in the South… Read more
Cresa Arranges Wheeling Lease for MedTec Healthcare
Cresa’s Juliette Lane recently represented MedTec Healthcare & Private Duty, LLC in its new 12,994-square-foot, long-term lease at WiFi Corporate… Read more
Illinois-Based Companies Partner on Sustainable Jet Fuel Plant
LanzaJet, a sustainable aviation fuel technology provider and producer, has entered into a memorandum of understanding with Marquis Sustainable Aviation… Read more
Global Property Pricing Gains Accelerate as 2021 Ends
2021 concluded with “an explosion of deal activity across the globe,” Real Capital Analytics reports. That in turn led to… Read more
Avant in Talks for 80K SF at Vornado’s theMART
Online consumer lender Avant is in advanced talks to lease around 80,000 square feet at Vornado Realty Trust’s theMART, Crain’s… Read more
Renovated Wrigleyville Multifamily Fetches $518K+ Per Unit
Essex Realty Group recently facilitated the sale of 1201 W. Addison St., a 12-unit multifamily property in the North Side’s… Read more
Millbrook Taps CushWake to Lease Office Campus in Northern Suburbs
Millbrook Properties selected Cushman & Wakefield to lease The Four Hundreds, a two-building, 286,000-square-foot Class A office development in Chicago’s… Read more
Stream Chicago Tapped to Lease 1K Fulton
Stream Realty Partners’ Chicago office has been awarded the leasing of 1K Fulton, a 531,200-square-foot, Class A high-rise in the… Read more
Hines Goes Under Contract for Goose Island Offices
Hines is betting on Goose Island with a $47-million deal for a revamped office property, reported Crain’s Chicago Business. The… Read more
Chicago Wraps Four-Year Streetlighting Modernization
Ameresco and the Lightfoot administration on Wednesday announced the completion of the Chicago Smart Lighting Program to modernize existing street… Read more
Quantum Brokers Rockford Sale to Dallas REIT
Quantum Real Estate Advisors brokered the sale of a roughly 89,000-square-foot shopping center in Rockford, IL. The property was 100%… Read more
Bridge Industrial Names New York Market Officer
Bridge Industrial has promoted Andrew Hurwitz to market officer, New York region. Hurwitz will lead all aspects of development and… Read more
Illinois On Track to Lift Indoor Mask Mandate at Month’s End
Illinois is on track to lift the statewide indoor mask requirement on Monday, Feb. 28, Gov. JB Pritzker said Wednesday.… Read more
Stream Hires VP to Capitalize On Atlanta’s Life Sciences Real Estate Boom
Stream Realty Partners has welcomed Kyle E.G. Smith as a VP in its Atlanta office, with responsibilities for sourcing, winning,… Read more
Time to Submit Nominations for the Year’s Top Sales and Leasing Brokers
The deadline is drawing near to nominate commercial real estate’s top leasing and sales brokers for Connect CRE’s fifth annual… Read more