Illinois
Apartment Sale is Skokie’s Largest in Five Years
Interra Realty negotiated the $8.3-million off-market sale of 4602 Grove St., a 43-unit rental community in Skokie, IL. It marks the largest multifamily sale in this… Read more
Downtown Chicago Sees Third Straight Quarter of Office Leasing Uptick
Downtown Chicago office leasing volume increased for the third quarter in a row, Avison Young said in its third-quarter report on… Read more
Flex Office Sector Emerges from Downturn with a Bright Outlook
Although many doubted the sector’s viability at the height of lockdown orders last year, the flex-office industry has emerged from… Read more
Datassential Makes Move to Fulton Market
Datassential has signed a 13,806-square-foot lease at 1201 W. Lake St. in the Fulton Market District. Colliers Chicago EVP Dougal Jeppe… Read more
J.C. Anderson Completes Eight Buildouts for Lifestance Health
.J.C Anderson has completed a 36,000-square-foot buildout project of eight LifeStance Health locations in Chicago. The client is one of the nation’s largest… Read more
Marcus & Millichap’s Stengle Closes Ukrainian Village Sale
Marcus & Millichap arranged the sale of 2247 W. Thomas St., a six-unit apartment property in the Near West Side’s… Read more
Provender Partners Adds Fourth Food-Related Industrial in Chicagoland
Provender Partners further expanded its Chicagoland food related-industrial building (FRIB) portfolio with the acquisition of a 570,028-square-foot warehouse and distribution facility at… Read more
Amita Health Hospital Network Will Be Broken Up
AdventHealth and Ascension have decided to unwind the partnership under which they’ve been operating Amita Health, which has 19 hospitals in… Read more
Insurance Brokerage Doubles Space in West Loop Relocation
Savills represented RT Specialty in a multiyear, 83,228-square-foot relocation and expansion to 540 W. Madison in the West Loop. A fast-growing… Read more
Essex Realty Markets Portfolio Near Loyola Campus
Essex Realty Group has listed a 27-unit portfolio in two corner apartment buildings a block from each other in the… Read more
CushWake Adds Team to Lead Chicago Agency Leasing
Cushman & Wakefield said Wednesday that Mason Taylor, Chris Cassata and Karoline Eigel have joined the firm to lead its… Read more
Condiment Manufacturer Trades One Facility for Larger One
E. Formella & Sons, a global condiment manufacturing company, sold its 32,880-square-foot facility at 411 E. Plainfield Rd. in Countryside, IL and then purchased a new 45,594-square-foot… Read more
Update of Zoning Requirements Positions Illinois Medical District for Faster Growth
An update of urban development requirements in the Illinois Medical District (IMD) positions Chicago’s Near West Side for faster growth, IMD said… Read more
Wonolo Announces Raise of a $138M Growth Round
Increasingly, businesses across the country are grappling with unpredictability – from inconsistent consumer demand to labor shortages to supply chain… Read more
Loop Alliance: Chicago’s Downtown is Fastest Growing in U.S.
Chicago Loop Alliance on Tuesday released a new report, “The Chicago Loop’s New Demography: Reviewing Change from 2010-2020,” based on U.S. Census data.… Read more
Buildout Adds 20-Year Veteran as CEO
Chicago-based Buildout, a marketing platform for commercial real estate brokers, has appointed Kirk Ziehm as its new CEO. Ziehm will bring an established track record of 20-plus years… Read more
Mixed-Use West Loop Property Hits the Market
Essex Realty Group has listed for sale 1041 W. Madison St., a new construction four-unit mixed-use building in Chicago’s West… Read more
Colliers’ Devine and Disse Close Sale of CEVA Complex in Des Plaines
Colliers Chicago’s Jeff Devine and Steve Disse represented James Campbell Company in the sale of CEVA O’Hare Distribution Complex, a… Read more
Opal Holdings Nears Deals for Leo Burnett Building, Two Other Chicago Office Properties
New York-based Opal Holdings is finalizing deals to buy the 50-story office tower at 35 W. Wacker Drive in downtown Chicago, Caterpillar’s headquarters at the Corporate… Read more