Illinois
Greystar Readies Fulton Market Tower as Its First Chicago Project
Greystar said Monday it would break ground on its first high-rise development project in downtown Chicago at 166 N. Aberdeen… Read more
Blue Owl to Acquire Oak Street Real Estate Capital for $950M
New York City-based Blue Owl Capital Inc. has agreed to acquire Oak Street Real Estate Capital, LLC and its investment… Read more
Ben Bischmann Joins Bridge Industrial as First SVP of National Operations
Ben Bischmann has joined Bridge Industrial’s corporate team as its first-ever SVP of national operations and asset management. He’ll report to Bridge’s executive… Read more
Bradford Allen Opens Manhattan Office, Hires Industry Veteran Glenn Isaacson
Chicago-based services firm Bradford Allen has expanded with the opening of a New York office and the strategic hiring of industry veteran Glenn… Read more
Seller Seeks $8M for Uptown Courtyard Building
Essex Realty Group has listed for sale 905-911 W. Carmen Ave., a 41-unit courtyard building in the North Side’s Uptown… Read more
Rebuild Illinois Will Fund 8 New Wet Labs Statewide and Microgrid Expansion at Illinois Tech
The Pritzker administration announced a $15.4-million investment in the Rebuild Illinois-funded Wet Lab Capital program to support eight new wet… Read more
South Elgin Deal is Submarket’s Largest in 20 Years
Interra Realty brokered the $24.5-million sale of Panton Mill Station, a new 100-unit luxury rental community at 355 N. La Fox St.… Read more
Chicago-Area Investment Sales Rise 7% Y-O-Y But Lag Broader Recovery
With industrial deals leading the way, investors traded nearly $7.9 billion worth of Chicago-area commercial properties during the first eight… Read more
Andy’s Custard Scoops Up First Alamo City Location
Springfield, MO-based Andy’s Frozen Custard is opening its first San Antonio location in front of the Bass Pro Shop at… Read more
Alvarez & Marsal Backfills Fulton West with Three New Tenants
Alvarez & Marsal Property Investments (AMPI) has brought three new tenants to Fulton West, its 121,000-square-foot property at 1320 W. Fulton St. in… Read more
Circa-1880 Industrial Changes Owners in Pilsen
Cawley Chicago recently completed the sale of a 64,000-square foot industrial building at 1600 S. Laflin St. in the West Side’s Pilsen neighborhood. Terms… Read more
McHugh Launches Renovation of Bridgeport’s Ramova Theater
McHugh Construction launched the historic renovation of Chicago’s Ramova Theater, a 36,000-square-foot project that includes restoring the theater and building out adjacent space… Read more
JLL Arranges Two Sales to IOV
JLL closed the sale of two industrial properties, located at 1401 N. Farnsworth Ave., Aurora, IL, and 4212 Perry Blvd.,… Read more
Walgreens Doubles VillageMD Share with $5.2B Investment
Deerfield, IL-based Walgreens Boots Alliance (WBA) and VillageMD said Thursday that WBA has agreed to make an additional investment in VillageMD to advance its… Read more
Lendlease Adds Food & Beverage Concepts to Southbank Luxury Tower
Lendlease has signed two new retail leases at The Cooper, its 29-story luxury apartment high-rise at 720 S. Wells St. in Chicago’s Printers… Read more
Sharko/Weisenbeck Team Arranges 1031 Deal for Mixed-Use
Marcus & Millichap’s Sharko/Weisenbeck team closed the sale of a 17,896-square foot mixed-use property located on Chicago’s North Side. The… Read more
Out-of-State Buyer Snaps Up East Chatham Portfolio
Essex Realty Group has closed the sale of a four-property portfolio located at 7945 S. Drexel Ave., 7948 S. Ingleside… Read more
JLL Team Arranges Skokie Life Sciences Sale
JLL Capital Markets closed the sale and financing of 8045 and 8025 Lamon Ave., a two-building life sciences portfolio within The… Read more
Fifth Third, Enterprise Partner on Community Revitalization
Fifth Third Bank and Enterprise Community Partners launched a $180-million neighborhood program to accelerate revitalization in nine key majority-Black communities… Read more