Illinois
InCommercial Property Group Hires Portfolio Manager
Natalie Mondane has joined Chicago-based InCommercial Property Group as a portfolio manager. Prior to joining InCommercial, Mondane managed a disposition portfolio comprised of hundreds of locations nationwide for Walgreen Co., structuring portfolio-wide transactions,… Read more
Retail Anchored by Drive-Thru Starbucks Draws Widespread Interest
Marcus & Millichap closed the sale of a new construction, drive-thru Starbucks-anchored retail center in the Southwest Side’s Gage Park… Read more
Cawley Chicago Client Quadruples Space in Shorewood Lease
Cawley Chicago principal Joshua Hearne, SIOR helped facilitate client Neo Zone Inc.’s execution of a long-term lease at Shorewood’s Heartland Corporate Center, a submarket… Read more
Origin Investments Launches $350M Multifamily Credit Fund
Chicago-based private real estate manager Origin Investments has launched a $350-million Multifamily Credit Fund designed to give qualified purchasers a passive income stream. The fund’s low-risk… Read more
Willis Tower’s First Full-Service Restaurant Slated for 2022 Opening
Chicago’s Fifty/50 Group will debut the first full-service restaurant at EQ Office’s Willis Tower, currently undergoing a $500-million renovation. Kindling, a char-house… Read more
JK Equities Launches Closing at 1400 Monroe Condos
Closings have officially commenced at 1400 Monroe, JK Equities’ seven-story luxury condominium in Chicago’s West Loop, and new buyers can move… Read more
20-Unit Mixed-Use Listed for Sale in Chatham
Essex Realty Group, Inc. has been selected to exclusively market for sale 404 E. 79th SSt., a 20-unit mixed-use building located… Read more
New-Construction Self-Storage Trades in Posen
Colliers Chicago SVP Dan Lynch arranged the sale of Posen Storage, a 535-unit self-storage facility located at 14750 S. Western Ave. in… Read more
Chicago Office Recovery Hits Delta Speed Bump in Q3
The Chicago region’s office market hit a delta speed bump on the way to recovery in the third quarter, Newmark reported. Across… Read more
Urban Innovations Earns Well Health-Safety Rating for 12-Building Portfolio
Urban Innovations has earned the WELL Health-Safety Rating for its entire one-million-plus-square-foot commercial portfolio through the International WELL Building Institute (IWBI). The 12 buildings… Read more
Essex Realty’s Multack Markets Two Value-Add Opportunities
Essex Realty Group has been selected to market two multifamily properties in the North Side’s Logan Square neighborhood, 3818 W. Schubert Ave. and… Read more
Freight Tech Firm Relocates HQ to West Loop
Freight technology firm Loadsmart is moving its headquarters to Brookfield Properties’ redeveloped 175 W. Jackson Blvd. in the West Loop. The relocation to an approximately 35,000-square-foot space comes as the… Read more
Allstate Putting Northbrook Headquarters Up for Sale; Plans to Maintain Chicago Presence
Citing employees’ increasing preference to work remotely, Allstate Corp. plans to sell its headquarters campus in Northbrook, IL, Crain’s Chicago Business and the Chicago Tribune reported. The… Read more
JVM Makes First Southeast Wisconsin Acquisition
JVM Realty Corp. has acquired The Reserve at Kenosha, a 480-unit luxury apartment community in Kenosha, WI for an undisclosed sum. The property,… Read more
Buildout Gets Underway for WeWork’s Second River North Location
Summit Design + Build has begun the buildout construction of downtown Chicago’s newest WeWork space at 448 N. LaSalle St. The property is a… Read more
Standard Communities Dedicates Wall Mural in Lakeview East
Standard Communities recently dedicated an exterior mural at its Lakeview 3200 Apartments at 3218 N. Clark St. in the North Side’s… Read more
Flooring Manufacturer Will Move Showroom and Offices to Fulton Market
Parkside Realty Inc. has signed global flooring manufacturer Tarkett to a lease for a full floor at Fulton East, the developer’s 12-story, 90,000-square-foot showroom, office and retail building. The property is… Read more
Arlington Heights Apartments Trade from One Local Owner to Another
JLL Capital Markets closed the sale of Brook Run Apartments and Townhomes, a 182-unit, garden-style apartment community in the northwest suburb of Arlington… Read more
Chicago Ranked Best Big-City Travel Destination for Fifth Consecutive Year
Condé Nast Traveler recognized Chicago as the #1 Best Big City in the U.S. for the fifth consecutive year in its annual Readers’ Choice… Read more