Illinois
Sterling Bay Finalizes Fulton Market Sale to Deka Immobilien
Sterling Bay and institutional investors advised by JPMorgan Global Alternatives have completed the sale of 210 N Carpenter, a fully leased,… Read more
Essex’s Livaditis Lists Apartments in Low-Density Bowmanville
Essex Realty Group’s Steven Livaditis recently listed 2030-32 W. Berwyn Ave., a six-unit apartment building in the North Side’s Bowmanville neighborhood, for $1,875,000. The brokerage says… Read more
CTA Mandates Vaccinations for All Employees
The Chicago Transit Authority (CTA) will require all its employees to be fully vaccinated against COVID-19. Their deadline for doing so is Oct. 25. The… Read more
Signode Consolidates Local Facilities at Prologis-Owned Park
In one of Central DuPage’s largest new leases this year, Colliers Chicago’s Ron Behm, SIOR, and Jonathan Kohn, represented Prologis in… Read more
Chamberlain Group Will Trade to Blackstone in $5B Deal
Smart access solutions provider The Chamberlain Group said Tuesday that its owner, The Duchossois Group, had agreed to sell it to Blackstone. The deal… Read more
Cawley Chicago Finalizes Office Lease in Kinzie Corridor
Cawley Chicago recently completed a five-year office lease transaction with Vocel at The Auxiliary Building, located at 1550 W. Carroll Ave. in the Kinzie Corridor. Square footage wasn’t disclosed. The… Read more
JLL Promotes Three Women to Key Roles
JLL has appointed three women to advanced positions within the company, all based at its Chicago headquarters. Tanya Earley has been appointed as JLL’s head of marketing, Americas.… Read more
HUD Lean Loan Refis SNF in Cicero
Cambridge Realty Capital Companies provided a $12,722,300 HUD Lean loan to refinance Alden Town Manor, a 249-bed skilled care nursing facility located… Read more
Pullman National Monument Opens as “Community Anchor” on Chicago’s South Side
Pullman National Monument’s visitor center doors and state historic site grounds opened to the public over Labor Day weekend. Declared a National Monument in… Read more
Infrastructure Bill Could Ratchet Up Data Center Demand Even Higher
“The world has become increasingly digital, a trend that has only accelerated during the pandemic, and consequently data centers are… Read more
Savills Bolsters Workplace Practice Group with Three Key Hires
Savills has boosted its Workplace Practice Group with industry experts Marty Festenstein and Surabhi Raman as senior managing directors and Tonya Williams as managing director. Festenstein is based… Read more
Edgewater Condos Turned Rentals Go for $43M in Off-Market Deal
Kiser Group represented both the buyer, TLC Management and seller, Greenstone Property Group, in a $43-million, 188-unit off-market deal for 5815 N.… Read more
Two Pullman Projects Among Landmarks Illinois’ 2021 Preservation Award Winners
Two projects on Chicago’s Far South Side are among the recipients of the 2021 Landmarks Illinois Richard H. Driehaus Foundation Preservation Awards. The nine award-winning… Read more
KBS Trades Northbrook Office Complex to Bradford Allen
JLL Capital Markets closed the sale of Edens Corporate Center, a two-building office property located at 630-650 Dundee Rd. in Northbrook, IL, on… Read more
ONE Central Developer Touts Transit Benefits of South Side Mega-Project
A study released Thursday from a team led by WSP shows the transit hub built as part of Landmark Development’s proposed ONE Central mixed-use project will… Read more
Urban Innovations Adds Air-Purification Technology Across Portfolio
Chicago-based developer Urban Innovations Ltd is installing needlepoint bipolar ionization technology across its portfolio. The ongoing installation is scheduled to be completed by mid-September. These… Read more
Cambridge Realty Arranges $8M HUD Refi on Alden SNF
Cambridge Realty Capital Companies provided a $7,836,900 HUD Lean loan to refinance Alden Princeton Rehabilitation and Health Care Center of Chicago,… Read more
Skender Completes Wilmette Affordable Project
Skender recently completed construction on Cleland Place, a three-story, 16-unit affordable housing development at 1925 Wilmette Ave. in Wilmette, IL.… Read more
Zell and EQC Board at Crossroads After Monmouth Deal Collapses
The termination of a merger agreement with Monmouth Real Estate Investment Tuesday leaves Sam Zell and the board of Equity Commonwealth (EQC) at a crossroads, Crain’s… Read more