Illinois
JLL IPT Picks Up New-Construction Elgin Warehouses
JLL Income Property Trust (IPT) has acquired Elgin Distribution Center, a Class A, two-building industrial property totaling 407,000 square feet and located… Read more
Walker & Dunlop Expands Reach into Grand Rapids
Walker & Dunlop, Inc. has expanded its footprint into Grand Rapids, MI with the addition of managing director Matt Jones, Jones will… Read more
Vivid Seats Relocates Headquarters to Marshall Field Building
Chicago-based online ticket broker Vivid Seats plans to move its headquarters to the historic Marshall Field building in converted office… Read more
Inflation is Risk Number One for Private CRE Investors
Inflation tops the list as the biggest economic risk for private real estate investing in 2022, says Origin Investments. Noting that inflation grew at the fastest… Read more
JPMorgan Names Market Manager for Real Estate Banking
JPMorgan Chase named Julie Thick as Real Estate Banking (REB) Central Region market manager. The REB business delivers customized debt solutions and treasury services… Read more
Interra Brokers Off-Market Deal for Wrigleyville Courtyard Building
Interra Realty brokered the off-market sale of 3708-14 N. Sheffield Ave., a 26-unit vintage courtyard building in the North Side’s Wrigleyville neighborhood.… Read more
Habitat, P3 Break Ground on eTOD in Bronzeville
The Habitat Company broke ground on the first building at 43 Green, a $100-million mixed-income, mixed-use equitable transit-oriented development (eTOD) in… Read more
Colliers Duo Arranges Warehouse Sale to Hillwood
Colliers Chicago’s Jeff Devine and Steve Disse facilitated the sale of a 400,000-square-foot distribution center at 101 N. Centerpoint Dr. in Rochelle,… Read more
Ryan Companies Trades Six-State MOB Portfolio
Ryan Companies US, Inc. sold a portfolio of medical office assets to Harrison Street for an undisclosed sum. The portfolio comprises 11… Read more
Bridge Industrial Plans Class A Warehouses at Former Locomotive Plant
Bridge Industrial acquired 87 acres at 9301 W. 55th St. in McCook, Ill., which was previously home to Caterpillar manufacturer Progress Rail. Bridge plans… Read more
Buildout Acquires AI-Powered Real Estate Intelligence Platform
Chicago-based Buildout, developer of a dealmaking platform widely used by brokers, has acquired ProspectNow, a provider of AI-powered real estate property and owner intelligence. Buildout will integrate ProspectNow with its… Read more
Essex Realty Adds Industry Veteran Rick Ofman as Director
Essex Realty Group has hired industry veteran Rick Ofman, who joins the multifamily brokerage as a director. In his previous… Read more
Dayton Street Brings Logistics Park to Full Occupancy
Dayton Street Partners (DSP) has signed two leases totaling 29,326 square feet at its three-building logistics park located at 2217 S.… Read more
Inland Brokerage Closes 2021 with Three Chicagoland Sales
Inland Real Estate Commercial Brokerage, Inc. closed out 2021 with the sales of three suburban Chicagoland commercial real estate properties, including two… Read more
Largest Fulton Market Project Yet is on the Drawing Boards
Fulton Street Cos. is getting ready to unveil plans for a $600-million mixed-use project in the Fulton Market District, the biggest… Read more
Nominate 2021’s Top Leasing and Sales Brokers
In 2021, the second year of the global pandemic, commercial real estate’s dealmakers got it done. Do you know a broker… Read more
KKR Expands Industrial Portfolio by Nearly 2M SF
KKR Real Estate Select Trust (KREST) acquired two distribution properties totaling more than 1.9 million square feet in the Charleston, SC and Chicago markets, growing its logistics portfolio to approximately six million… Read more
JLL Appoints Heads of Work Dynamics, Sustainability Strategy
JLL appointed Mark Holmstrom as head of global consulting, JLL Work Dynamics, based in San Francisco, and Greg Bolino as global head of sustainability strategy & asset consulting, based at JLL headquarters… Read more
McHugh Launches Uptown Apartment Build for John Buck
McHugh Construction has launched work on Platform 4611, a nine-story mixed-use development at 4611 N. Broadway in Chicago’s Uptown neighborhood. The building will bring… Read more