Illinois
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
Hub on Campus II to Kick Off at the Entrance to USC’s Greek Row
Square Mile Capital Management LLC recently provided construction financing for the Hub on Campus II, a to-be-built 577-bed student housing… Read more
Quantum Reps Both Sides in Sale of 7-Eleven in Salisbury, MD
Quantum Real Estate Advisors, Inc., has brokered the sale of a single-tenant absolute net-leased 7-Eleven located on Naylor Mill Road… Read more
Museum of Ice Cream Dishes Out First Retail Lease in Shops at Tribune Tower
CIM Group and Golub & Company have signed Museum of Ice Cream (MOIC) to a long-term lease for 13,544 square feet at The Shops… Read more
Logan Square Apartment Portfolio Hits the Market
Essex Realty Group has been retained to sell a 68-unit portfolio in three corner apartment buildings located at the corner of Cortland… Read more
Mag Mile Capital Adds VP of Originations
Cody Harper has joined the Mag Mile Capital team as VP of originations and will be based out of the… Read more
Downtown Lisle Mixed-Use Fetches Full Price in Quick Sale
Marcus & Millichap closed the sale of Main Street Complex, a prominent mixed-use building in downtown Lisle, IL. The asset… Read more
Beth Moore Joins Raise Commercial Real Estate to Lead Strategic Growth
San Francisco-based Raise Commercial Real Estate has hired Beth Moore as head of strategic growth, based in the company’s Chicago office. She’ll be responsible for accelerating growth and innovation… Read more
Clear Height JV Trades Oak Brook Offices to Helios
Clear Height Properties and its joint venture partner Buligo Capital Partners have sold 814 Commerce, a three-story, 173,017-square-foot office building in Oak Brook, to… Read more
Harrison Street Finalizes Its Largest Closed-End Fund to Date
Harrison Street reached final close of its eighth U.S. opportunistic real estate fund, Harrison Street Real Estate Partners VIII, L.P. at the hard… Read more
Q&A with SIOR Global President Patrick Sentner: There’s No Substitute for Collaboration
Patrick Sentner is set to take the reins as SIOR’s Global President at an interesting juncture for both the organization… Read more
SMS Assist Relocating Offices to One Two Pru
Facilities maintenance technology provider SMS Assist has signed a long-term lease to move to Sterling Bay’s One Two Pru at 130 E. Randolph St. The… Read more
Summit Design Completes Wrigleyville Build on Site of Former Taco Bell
Summit Design + Build has completed construction at 1111 W. Addison in Wrigleyville, near the intersection of Addison and Clark streets. The four-story, ground-up commercial construction… Read more