Illinois
Lone Star State Earns Bragging Rights as Leading Growth State of 2021
Migration to southern states continues to be magnified by the lingering pandemic, and no state netted more U-Haul customers during… Read more
Buchanan Bulks Up with Off-Market Self-Storage Facility
Newport Beach-based Buchanan Street Partners acquired a three-story climate-controlled self-storage facility located at 1340 North Melrose Dr. in Vista in… Read more
Des Plaines Apartments Trade in Chicago Suburbs’ Second-Largest 2021 Deal
Park Ridge Commons, a 752-unit multifamily property in Des Plaines, IL, sold for $117 million in Chicagoland’s second largest suburban apartment deal of 2021. The… Read more
Drive Shack Bringing Puttery Concept to Fulton Market
Drive Shack Inc., a leading owner and operator of golf-related leisure and entertainment businesses, will bring Puttery, its newest competitive socializing and entertainment… Read more
Becovic Adds Howard Theater Building to Apartment Portfolio
Becovic has added The Howard Theater Building to its Rogers Park portfolio. The mixed-use property at 1615-43 W. Howard St. sold for… Read more
Meridian Arranges $40M Refi on Schaumburg Multifamily
Meridian Capital Group arranged $40 million to refinance Remington Place Apartments, a multifamily property in Schaumburg, IL. The 10-year loan, provided… Read more
R2, Concord Capital Acquire Bankier Portfolio at U. of IL/Champaign
A joint venture of R2 Companies and Concord Capital Partners has acquired the Bankier Portfolio at the University of Illinois. The Champaign, IL portfolio that was… Read more
Oak Hill Venture Set for Ownership Stake in 110 N. Wacker
A venture led by Oak Hill Advisors has agreed to acquire a controlling interest in 110 N. Wacker Dr. from Howard Hughes… Read more
Spaulding Ridge Quadruples Space in Central Loop Move
Colliers Chicago EVP Jeff Mulder has arranged a 25,779-square-foot lease on behalf of Spaulding Ridge at 203 N. LaSalle St. in downtown Chicago’s Central… Read more
Onni Group Nears Deal for Ace Hotel in Fulton Market
Vancouver, B.C.-based Onni Group is finalizing a deal to buy the Ace Hotel in the Fulton Market District for more than $63 million, Crain’s Chicago Business reported, citing sources familiar… Read more
Section 8 Housing Trades in East Garfield Park
Marcus & Millichap closed the sale of 3100 W. Lexington St., a seven-unit apartment property on Chicago’s West Side. The asset… Read more
Sherwin Williams Distribution Center Fetches $58M
SRS Real Estate Partners’ National Net Lease Group (NNLG) completed the $58.2-million sale of a 1,283,360-square-foot industrial distribution property fully occupied by… Read more
Waterton Adds Two Lakeshore East Towers to Chicagoland Portfolio
Waterton has acquired The Shoreham at Lakeshore East at 400 E. South Water St. and The Tides at Lakeshore East at… Read more
Ares Management Scoops Up Five-Market 1.5M-SF Portfolio
Molto Industrial Properties recently disposed of a 1.5 million-square-foot industrial portfolio located across five markets. A fund managed by a… Read more
Atlanta’s ShareMD Buys Three Healthcare Facilities for $46M
Alpharetta, GA-based ShareMD, a healthcare real estate and physician practice solution company, has closed escrow on three healthcare facilities for… Read more
Greenstone Closes Deal for Retail/Office in River North
Greenstone Partners completed the sale of 162 W. Hubbard St., an 18,840-square-foot, five-story retail/office property on the northeast corner of… Read more
Chicago Imposes Vaccine Requirement for Indoor Restaurants, Entertainment Venues
The Lightfoot administration on Tuesday said that patrons of indoor restaurants, gyms and indoor entertainment venues serving food and beverage to… Read more
Skender Tops Off Boutique Offices for Sterling Bay
Skender recently topped off at 345 N. Morgan, a 233,000-square-foot, 11-story ground-up boutique office and retail building from Sterling Bay.… Read more
Amazon Adding 450 Jobs and Second Office Lease in Downtown Chicago
As part of a series of announcements regarding expansion at its regional Tech Hubs, Amazon said Tuesday it would add… Read more