Illinois
Kiser Group Markets Onetime Maybelline Headquarters
Kiser Group is marketing The Mabel Exchange, a mixed-use property in Edgewater’s Andersonville neighborhood. Director Andy Friedman, advisor Jake Parker… Read more
Chicago Fire, City Officials Talk West Side Training Facility
The Chicago Fire Football Club has begun preliminary discussions on a proposed new performance and training facility for Chicago’s Major… Read more
Star Cinema Grill Will Backfill South Barrington Property
Peak Properties, which has been receiver of the 480,000-square-foot Arboretum of South Barrington since late 2020, said Star Cinema Grill… Read more
Cresa Sees Downtown Shift to Tenant’s Market
Even as the fourth quarter of 2021 represented the first with positive absorption in downtown Chicago office, Cresa reported that occupiers with lease expirations in… Read more
Local Investor Trades Wrigleyville Apartments
Marcus & Millichap closed the sale of 3743 N. Clifton Ave., a 5,875-square-foot apartment property in the North Side’s Wrigleyville neighborhood. The asset sold for… Read more
Mars Wrigley Will Phase Out West Side Factory
Mars Wrigley plans to wind down operations at its 94-year-old chocolate plant on Chicago’s West Side over the next two… Read more
Housewares Provider Snaps Up Pair of O’Hare Properties
CBRE arranged the acquisition of two industrial properties totaling 182,845 square feet near O’Hare International Airport. Entities owned by Steve… Read more
Westmount, Ares Fund Recapitalize 6M-SF Industrial Portfolio
Westmount Realty Capital is partnering with a fund managed by the Real Estate Group of Ares Management Corporation to recapitalize a… Read more
Taurus Completes $424M Recapitalization of 58-Building Industrial Portfolio
Boston, MA-based Taurus Investment Holdings, LLC, has completed the $423.5 million recapitalization of a 58-building industrial portfolio totaling 3,962,339 square… Read more
Nine-Hour Concrete Pour Precedes Going Vertical on 1000M Resi Project
McHugh Concrete has completed a nine-hour continuous concrete pour including nearly 4,000 cubic yards of concrete for the mat slab foundation… Read more
Alliant More Than Doubles Loan Trading Volume Year Over Year
Alliant Credit Union’s loan trading desk sold $268 million in commercial and consumer loan participations in 2021 in 25 transactions,… Read more
City-Owned Facility to Become Commercial Food Prep Hub
A former Chicago Streets and Sanitation facility in the South Side’s Grand Boulevard neighborhood will be transformed into a hub… Read more
Associated Bank Lends on Crystal Lake Manufactured Homes
Associated Bank completed a $36,840,000 loan to a partnership of Marc Realty and Ravinia Communities for the acquisition and expansion… Read more
Two Downtown Chicago Office Towers Near Sales at Discounted Prices
A pair of investors backed by foreign capital are poised to take over two prominent downtown Chicago office buildings in deals totaling nearly $400… Read more
Martin’s Famous Pastry Shoppe is Expanding in Texas
Martin’s Famous Pastry Shoppe Inc. is expanding distribution in Texas and preparing for its busy summer bun season. Martin’s distribution… Read more
Savills Arranges New HQ for Children’s Home & Aid
Savills advised on a new real estate strategy on behalf of Illinois’ leading child and family service agency, Children’s Home… Read more
Fluor JV Breaks Ground on Next Phase of CTA’s RPM Project
Fluor Corporation and its joint venture partner Walsh Construction Company broke ground Monday to rebuild and straighten a section of Chicago Transit Authority’s (CTA)… Read more
SIOR Chicago Awards 2022 Scholarships
The Chicago Chapter of the Society of Industrial and Office Realtors (SIOR) and the SIOR Foundation recently awarded its 2021 Len Caldeira… Read more
PCCP/KPR Venture Acquires Schaumburg Retail
A joint venture between PCCP, LLC and KPR Centers has acquired Schaumburg Corners, a 100% leased 160,301-square-foot shopping center located at 16-66… Read more