Illinois
LifeSpice Ingredients Signs Office Lease with KBS in River North
KBS signed a 16,995-square-foot long-term lease with LifeSpice Ingredients at 213 W. Institute Pl. in downtown Chicago’s River North neighborhood. The seven-story, 155,385 square-foot office property is… Read more
Marcus & Millichap’s Stengle Finalizes Sale of Wrigleyville New Construction
Marcus & Millichap closed on the sale of The Erikson, a 36-unit apartment property located in the North Side’s Wrigleyville neighborhood. The undisclosed… Read more
ASC Places Permanent Loan for Alsip Multifamily
American Street Capital (ASC) secured an $11.45-million permanent loan for a 144-unit multifamily complex in Alsip, IL, approximately 24 miles… Read more
South Korean Hotel Chain Adds Chicago to Its U.S. Map
South Korea-based Lotte Hotels & Resorts has been revealed as the mystery buyer of the Kimpton Hotel Monaco Chicago in the Loop, Crain’s Chicago… Read more
Hines’ Salesforce Tower Chicago Earns Highest WiredScore Certification
Salesforce Tower Chicago, Hines’ 60-story, 1.2 million-square-foot office tower under development in Chicago, has achieved WiredScore Platinum certification, the highest-awarded mark that… Read more
Wicker Park Mixed-Use Changes Hands; Includes First U.S Taco Bell Cantina
Interra Realty brokered the $2.5-million sale of 1439 N. Milwaukee Ave., a mixed-use building with five apartments and approximately 2,000… Read more
Stream Realty Partners Adds VP of Industrial Brokerage in Chicago
Stream Realty Partners has hired Paige Gunn to serve as a VP of industrial brokerage in its Chicago office. Gunn joins… Read more
JLL Arranges Sale and Financing of Westmont Offices
JLL Capital Markets arranged the $21.7-million acquisition of Oakmont Point, a 92,553-square-foot, Class A office building in the western Chicago suburb… Read more
Loop Metrics Reach Highest Levels Since Pre-Pandemic
Office occupancy, pedestrian count, and CTA ridership in downtown Chicago all recently hit their highest-measured rates since the impact of the pandemic when… Read more
Marcus & Millichap Closes Old Town Apartment Deal
Marcus & Millichap closed the sale of 1510 N. Sedgwick St., a four-unit apartment property located on Chicago’s North Side. The asset sold… Read more
Pembrook Provides $29M Financing for Icarus investments
Pembrook Capital Management LLC provided a $22,425,000 first mortgage loan and a $6,592,000 preferred equity investment to finance the acquisition… Read more
Cawley Chicago Brings Tinley Park Offices to Full Occupancy
Cawley Chicago principal Rawly Lantz, alongside senior associate Justin Harris, recently helped bring 18410 Crossing Dr. in Tinley Park, IL to 100% occupancy. The Cawley team… Read more
Pritzker Administration Selects Buyer for Thompson Center
Illinois Gov. JB Pritzker said Wednesday the state plans to enter exclusive negotiations with Prime Group for the sale and redevelopment of the James R. Thompson Center in… Read more
KBS Secures Two Leases at Accenture Tower
KBS has secured two leases totaling 34,644 square feet with national tenants at Accenture Tower at 500 W. Madison in downtown Chicago. The property is owned by… Read more
Sulo Development Launches Boutique Condo Project in West Loop
Sulo Development is breaking ground on Embry, a 15-story, 58-unit luxury boutique condominium development designed by Lamar Johnson Collaborative and located at 21 N. May St. in… Read more
IT Firm Relocates Offices to Pilsen’s Mural Park
Avison Young has arranged a new 4,647-square-foot lease on the second floor of Mural Park, an office and commercial redevelopment at 924… Read more
Marcus & Millichap Closes Hospitality Sale in Suburban Matteson
Marcus & Millichap arranged the sale of Comfort Inn, a 104-room hospitality property in Matteson, IL. The sales price wasn’t disclosed. The hospitality… Read more
BioLabs Makes Midwest Debut at Sterling Bay Property
Lab space co-working provider BioLabs has leased about 30,000 square feet at Sterling Bay’s life sciences building at 2430 N. Halsted St. in Chicago’s Lincoln… Read more
Houston is a Critical Market for Liskow & Lewis Amid Lease Renewal
Liskow & Lewis, an energy law firm headquartered in New Orleans, signed an extension of its office lease at 1001… Read more