Illinois
Tinley Park Restaurant Building Will House Dispensary
Lee & Associates negotiated a $1.5-million sale of a 4,364-square-foot turnkey restaurant located at 16200 S. Harlem Ave. in Tinley Park, IL. The space… Read more
Life Sciences Property in St. Louis Innovation District Sells to Harrison Street
Cushman & Wakefield represented locally based Larson Capital Management in its $92-million sale of EDGE@BRDG, a 151,829-square-foot Class A+ life… Read more
Foxtrot Raises $100M in Series C to Drive New Store Openings
Foxtrot, the Chicago-based upscale convenience store chain, said Tuesday it had completed $100 million in Series C funding, led by D1… Read more
Cary Co. Inks Full-Building Industrial Lease in Jurupa Valley
A 120-month 139,000-square-foot full-building industrial lease was recently signed at 10220 San Sevaine Way in Jurupa Valley, CA on behalf… Read more
Streeterville Hotel Sells to Marc Realty Venture
A venture controlled by Marc Realty VP Gerald Nudo acquired a 216-room hotel at 166 E. Superior St. in downtown Chicago’s Streeterville neighborhood, Crain’s Chicago Business reported. The venture… Read more
Loyola Press Relocates Headquarters After 97 Years
Loyola Press, a Chicago-based textbook and trade book publisher, is relocating its headquarters. The company has been at 3441 N. Ashland Ave. for 97 years. The new… Read more
Interra Realty Adds Directors of Marketing, Social Media
Interra Realty has hired Douglas Woodworth as director of marketing and Megan O’Brien as office manager and social media director. Both… Read more
Marquette JV Trades Luxury Apartments in Lombard
JLL Capital Markets announced that it has closed the sale of City View at the Highlands, a 403-unit, luxury, value-add,… Read more
Core Spaces, Harrison Street Launch $1.5B Build-to-Rent JV
Chicago-based Core Spaces and Harrison Street have formed a joint venture that will invest up to $1.5 billion to develop and acquire single-family build-to-rent… Read more
Essential Tenants, Passive Lease Structures Top Investors’ Wish Lists
Further confirming that essential tenants, strong credit long-term passive lease structures and quality underlying real estate fundamentals are at the… Read more
Starbucks-leased Arlington Property Lures Multiple Offers, Full-Price Sale
SRS‘ national net lease group in Washington, DC, has brokered the $4 million sale of a two-tenant retail property in… Read more
Mary Cook Associates Completes Condo Models at Tribune Towers
Chicago-based commercial interior design firm Mary Cook Associates (MCA) has completed five condominium models as well as the sales gallery at Tribune Tower Residences, the… Read more
Essex Markets Value-Add Opportunity in West Ridge
Essex Realty Group has listed 2453-2457 W. Fargo Ave., a corner 13-unit multifamily property located in West Ridge on Chicago’s far North Side.… Read more
Wayfair to Introduce New Store Concept at Wilmette’s Edens Plaza
Massachusetts-based WS Development is purchasing Edens Plaza in Wilmette, IL for an undisclosed sum and has executed a lease with Wayfair for more than 152,000 square feet of… Read more
Chicago Spec Industrial Demand Continues to Outpace New Supply
Concerns that Chicago-area industrial developers may be getting in over their skis with prolific speculative construction appear to be unfounded,… Read more
Omicron Surge Creates Stumbling Block for Retail’s Foot Traffic Recovery
In a case of two or three steps forward and one step back, the surge of the Omicron variant has impeded the recovery… Read more
Sterling Bay JVs with Ascentris on Fulton Market Apartment Tower
Sterling Bay and Denver-based private equity firm Ascentris formed a joint venture to develop 160 N Morgan, a Class A residential tower with… Read more
Former CEO of Chicago Cares Joins Transwestern
Transwestern Real Estate Services has added Jenné Myers to the firm’s Tenant Advisory + Workplace Solutions group as SVP of Strategic Solutions. Based in Chicago, Myers will serve clients… Read more
Interra Brokers Deals in Hyde Park, Western Suburbs
Interra Realty managing partners Craig Martin and Lucas Fryman negotiated a pair of multifamily sales totaling $30 million on Chicago’s South Side and in west suburban… Read more