Illinois
Kiser Group Finalizes Sale of Arlington Heights Condo Complex
Timber Court, a 72-unit residential condominium property in Arlington Heights, IL, has sold for $16 million to a Chicago-based portfolio apartment investor. Kiser Group’s Ron Plonis, Lee… Read more
Now’s the Time to Nominate CRE’s Most Influential Women
The deadline is drawing near to participate in our fifth annual Women in Real Estate Awards. We’re continuing to call for… Read more
Pritzker Imposes Statewide Mask Mandate, Vaccine Requirement for High-Risk Groups
With COVID-19 infection and hospitalization rates continuing to increase, especially downstate, Illinois Gov. JB Pritzker on Thursday issued a vaccination requirement for high-risk groups… Read more
Illuminarium Will Open in Former Crystal Gardens Space at Navy Pier
Illuminarium Experiences plans to open an Illuminarium at Chicago’s Navy Pier. The 32,000-square-foot entertainment experience will be situated inside the former Crystal Gardens venue, which will… Read more
Zeller Earns WELL Health-Safety Rating Across Portfolio
Chicago-based Zeller has earned the WELL Health-Safety Rating for its nationwide portfolio, consisting of 9.8 million square feet, through the International WELL… Read more
Chicago Fire’s Youth Sports Facility Breaks Ground in North Austin
Civic organizations recently joined the Chicago Fire Foundation and state and local leaders to break ground on a first-of-its-kind professional-level… Read more
CenterPoint Buys Second Bronx Industrial Next Door to the First
Three months after acquiring its first Bronx property at 1080 Leggett Ave., Oak Brook, IL-based CenterPoint Properties has purchased the one next door at 511 Barry St. Both properties… Read more
Trio of Luxury Rental Properties Hits the Market in Chicago
As Chicago’s apartment market stages a dramatic recovery, a trio of luxury rental properties has hit the market, Crain’s Chicago Business reported. How well… Read more
CoinFlip Commitment at Old Post Office is Chicago’s Largest Cryptocurrency Lease to Date
CoinFlip said Tuesday it would move its headquarters to 601W Companies’ redeveloped Old Post Office. The 44,000-square-foot commitment more than doubles CoinFlip’s current space and reportedly is the… Read more
Southwell Arranges Net Lease Financing for Chicago, Kentucky Assets
Southwell Realty Capital has secured financing for two net lease real estate acquisitions, totaling $4,875,000. The Southwell Realty Capital team arranged a $2,375,000… Read more
Downtown Chicago Apartment Market Enjoys “Stunning” Rebound
After a year in which the downtown Chicago apartment market cratered, it’s a good time to be downtown landlord again. Buildings… Read more
Last of 10-Building Portfolio Trades in Marquette Park
Interra Realty brokered the $2.9-million sale of 6710 S. Claremont Ave., a 55-unit apartment and retail building in the Southwest Side’s Marquette Park neighborhood. The… Read more
Clear Height Properties Names Director to Steer Acquisitions Program
Clear Height Properties has named Ryan Maher its director of acquisitions to execute an aggressive acquisition plan for industrial and office properties… Read more
Equity Residential, Toll Brothers Forge $1.9B Apartment Venture
Equity Residential (EQR) and Toll Brothers Apartment Living have formed a strategic partnership to develop new rental apartment communities in key U.S. markets. They’re targeting… Read more
Avison Young Reps U.S. Realty in Quartet of Leases
Avison Young has negotiated multiple long-term leases at 332 S. Michigan Ave. in the Loop. Landlord U.S. Realty, Inc. was represented in all four deals by Avison Young’s Konstantine… Read more
Wicker Park Sale Achieves New High for Price Per Unit
Essex Realty Group brokered the $4.3 million sale of 2351 W. North Ave., a seven-unit luxury new construction mixed-use property in… Read more
Lightfoot Administration Selects $200M of INVEST South/West Projects
The Lightfoot administration on Monday announced the selection of four mixed-use INVEST South/West projects planned for areas in South Chicago, North… Read more
Hanover Park Industrial Tenant Expands to Full-Building Lease
MCS Industrial Supply Co. has signed a long-term lease renewal and expansion at 1575 Hunter Rd. in Hanover Park, IL. With the… Read more
Mag Mile Capital Arranges Refi on Ann Arbor Offices
Mag Mile Capital’s Chicago office recently closed a $7,000,000 loan for 600 S. Wagner Rd., a 128,000-square-foot office/flex space in Ann Arbor, MI. The recourse loan was… Read more