Illinois
TPG Acquires Cinespace Studios in Chicago and Toronto
TPG Real Estate Partners (TREP) said Friday it had acquired Cinespace Studios in Chicago and Toronto. Although deal terms weren’t disclosed, Crain’s Chicago Business put… Read more
Two-Property Portfolio Lists in West Town
Essex Realty Group is marketing two multifamily properties located within two blocks of each other in the West Side’s West Town neighborhood.… Read more
Interra Brokers Deals on South, Southwest Sides
Interra Realty recently brokered the sales of two multifamily properties on Chicago’s South and Southwest sides. 7245 S. Bennett Ave., a… Read more
Teradyne Swaps Industrial Lab for Class A Office
Automatic test equipment designer and manufacturer Teradyne has leased a full floor of Class A office space at The Reserve at Deer Park,… Read more
NY-Based Nassimi Acquires Retail in Cleveland Suburbs
New York-based development company Nassimi Realty has acquired Medina Grande Shoppes, a 150,000-square-foot retail complex in Medina, OH, within the Cleveland metro… Read more
First Tenant Signed for Redevelopment of Former McDonald’s Headquarters Campus
Oak Brook Reserve has signed the first major commercial lease tenant for the former McDonald’s headquarters and campus. BDO USA has committed… Read more
Clune Wraps Work on Dentsu’s 126K-SF Downtown Offices
Clune Construction has completed Dentsu International’s new Downtown Chicago office. The project was born out of the decision to bring multiple brands under… Read more
Hotel Converted to Apartments Comes to Market in Uptown
Essex Realty Group has been hired to sell The Wilson Club, a luxury mixed-use apartment building located in Chicago’s Uptown neighborhood. Pricing is subject… Read more
Clayco Hires SVP to Lead Public-Private Initiatives
Clayco has hired Mary Person as SVP, public-private initiatives. Person will develop public and public-private sector business development opportunities for Clayco, as well as lead DEI efforts. “With… Read more
Clear Height Properties JV Snaps Up Schaumburg Flex Building
A joint venture between Clear Height Properties and Harbert United States Real Estate Fund VII has acquired the Plumwood Tech… Read more
Investment Sales for Chicago Industrial Outpace Five-Year Average
With a year-to-date total of $4.2 billion, Chicago industrial sales volume through the third quarter has the warehouse & logistics sector outpacing the five-year… Read more
Fulton Market Acquisition Advances Strategic Assemblage
Greenstone Partners represented Vista Property in the acquisition of 413 N. Carpenter St. in the Fulton Market District. Encompassing a 23,326-square-foot parcel and a… Read more
Buckle Up—Chicago Commercial Real Estate is on a Roll
By Adam Marshall, President, SIOR Chicago Chapter, and Senior Managing Director, Newmark Chicago is leading major U.S. cities in pandemic… Read more
Kiser’s Birk | Sklar Team Markets Auburn Gresham Portfolio
Kiser Group’s Birk | Sklar team has brought 7800 S. Laflin, 7086 S. Laflin and 7822 S. Laflin to market in… Read more
3M Renews 410K-SF Lease for Global Distribution Hub
3M has signed a 12-year lease renewal for its 410,000-square-foot global distribution hub in DeKalb, IL. The agreement was signed… Read more
Pritzker Touts State’s Progress in Repairing Structural Deficit
Illinois has made significant improvement in its structural deficit, the Pritzker administration said Tuesday. Accordingly, the Governor’s Office of Management and Budget is now projecting… Read more
Zelman & Associates Adds Chicago-Based Rental Housing Expert
Zelman & Associates, a Walker & Dunlop Company, has expanded its rental housing research team with the addition of managing… Read more
Telemedicine Tenant Inks Full-Floor Lease with Kaufman in Midtown South
LifeMD, Inc., a direct-to-patient telemedicine company, signed a 7,500-square-foot lease at the Kaufman Organization’s 236 Fifth Ave. The company will occupy the entire… Read more
Essex Lists Corner Walkup Building in Wrigleyville
Essex Realty Group, Inc. has been selected to market 1201 W. Addison St. in the North Side’s Wrigleyville neighborhood. Principals Jim… Read more