Illinois
Exan Acquires One of Two Tesla Service Centers in Chicago
Cushman & Wakefield represented a private owner in its $13.1-million sale of the Tesla Service Center of Chicago property at… Read more
Sterling Bay is Certified RESET Air at Three Chicago Properties
Following its achievement of the WELL Health-Safety Rating, Sterling Bay has secured RESET Air at three of its Chicago office properties. They include One… Read more
Berkadia Closes Sale of Dominium Property in Bloomington
Berkadia arranged the $39.15-million sale of Traditions Bloomington, a 396-unit garden-style multifamily property in Bloomington, IL. Managing director Ralph DePasquale of Berkadia… Read more
Chicago Bears Sign Purchase Agreement for Arlington Park; Lightfoot “Committed” to Keeping the Team
The Chicago Bears said Wednesday they had signed a purchase and sale agreement with Churchill Downs Inc. for Arlington Park in Arlington Heights, IL, at… Read more
Avison Young Arranges Loan for 119-Unit Alexandria Multifamily Project
NOVO Properties is to break ground on their construction of the 119-unit multifamily project in Alexandria, VA after securing construction… Read more
Mary Cook Associates Picks Up Five Projects in Chicago Region
Chicago-based Mary Cook Associates (MCA), a national, award-winning commercial interior design firm, has been awarded five projects in Chicago and surrounding Midwest markets, spanning the… Read more
Lendlease Partners with Design Consultancy on Installation at Southbank Park
Lendlease has partnered with design consultancy PORT on a temporary art installation in Chicago’s South Loop. Titled “River Frames,” the piece was commissioned… Read more
UChicago Team Wins Contest to Reimagine McKinley Park’s Central Manufacturing District
A sustainable, live-work hub envisioned by a University of Chicago student design team was announced by Chicago’s Department of Planning and Development as… Read more
Interra Brokers Mixed-Use Sale in Highwood
Interra Realty brokered the $11.29-million sale of 246 Green Bay Rd., a new mixed-use development with 31 luxury apartments and two retail spaces… Read more
Snap, MoLo Solutions Near Office Leases in Fulton Market
In one of two leases that are close to being finalized at Shapack Partners’ 167 N. Green St., Santa Monica, CA-based Snap… Read more
Georgetown Company, First Hospitality Target $1B of Hotel Investments
Hotel management and development company First Hospitality and The Georgetown Company, a leading developer and owner of commercial, retail and mixed-use properties nationwide, formed… Read more
Agency Debt Veteran Vanderpoel Named Co-Lead of JLL’s Freddie Mac Platform
Chicago-based Luke Vanderpoel has been appointed senior managing director and co-lead of JLL’s Freddie Mac platform alongside senior managing drector Steve Henderson. Vanderpoel has nearly 20 years of experience… Read more
CushWake Reps Anixter Center in Sale to Partnership
Cushman & Wakefield represented Anixter Center in its sale of 2032 N. Clybourn Ave., which includes a 150,000-square-foot building and adjacent land… Read more
North Side Specialist Promoted to Director at Kiser Group
Rick Ofman has been promoted to director at Kiser Group after five years with the company. He’ll continue to specialize in the sale… Read more
Ashley HomeStore Relocates to Algonquin Commons
A Colliers team of Brad Murchison, Chris Irwin and Brad Belden represented Ashley HomeStore in a 48,397-square-foot lease in Algonquin Commons in Algonquin, IL.… Read more
Thompson Thrift Trades Indy-Area MXU to JVM
Thompson Thrift has closed on the sale of Fishers District, a master-planned, mixed-use development in the Indianapolis suburb of Fishers, IN. Chicago-based JVM Realty purchased… Read more
Invesco REIT Expands National Holdings in Student Housing, Industrial and Storage
Invesco Real Estate Income Trust Inc. (INREIT) acquired six properties in the student housing, industrial and self-storage sectors. The total… Read more
Scion Group, PGIM Real Estate JV on Student Housing
Chicago-based student housing owner/operator The Scion Group and PGIM Real Estate, the real estate investment and financing arm of Prudential Financial’s global… Read more
Lionheart Secures Rezoning for Long-Vacant Galewood Industrial Facility
Lionheart Capital will move forward with redeveloping the former White Cap Bottle Company facility in the West Side’s Galewood neighborhood, following the City Council’s approval of… Read more