Illinois
McShane Completes Luxury Apartments within Warrenville MXU
McShane Construction Company has concluded construction at Arden Residences in Warrenville, IL. Completed on behalf of client Interforum Holdings, the new luxury multifamily… Read more
Scion Reportedly Talks $1B Student Housing JV with Brookfield
Brookfield Asset Management is in advanced talks to form a joint venture with Chicago-based Scion Group to acquire at least $1 billion… Read more
Jack in the Box Awards 16 Franchise Agreements YTD
Jack in the Box Inc. recently awarded 16 franchise development agreements year-to-date through the end of third quarter of fiscal… Read more
Sterling Bay Holds Ceremonial Groundbreaking in Fulton Market
Following a Crain’s Chicago Business report that Sterling Bay had secured $100 million in financing for 345 N Morgan in the Fulton… Read more
Andersonville Multifamily Trades at Full Asking Price
Kiser Group has closed on a 40-unit multifamily property in the North Side’s Andersonville neighborhood. 5301 N. Ashland Ave. went under… Read more
Premier Design + Build Launches Work on Its New HQ
Premier Design + Build Group has just broken ground on its new corporate headquarters in suburban Chicago. The new corporate headquarters is being… Read more
Berkadia Arranges Refi on St. Louis-Area Apartments
Berkadia secured financing for Metro Apartments at Granite City, a 290-unit garden-style multifamily property in Granite City, IL, within the St. Louis metro area.… Read more
CME Denies Report of Possible $16B Deal for Rival Cboe
Two Chicago-based exchange operators made the headlines Wednesday, with the Financial Times reporting that CME “has approached” smaller rival Cboe regarding an all-share deal to acquire… Read more
CNI’s Ciere Boatright Joins Clayco Team
CRG, the real estate development and investment arm of Chicago-based Clayco, has hired Ciere Boatright as VP of real estate and community development. She’ll work closely… Read more
NAIOP Study: Industrial Demand Still Outpaces Supply
Driven by sustained growth in e-commerce, demand for industrial real estate continues to outpace supply, leading to increases in net absorption… Read more
Chicago Reinstates Mask Requirement for Indoor Public Settings
The Chicago Department of Public Health (CDPH) said Tuesday that it will re-institute a face mask mandate for all indoor public… Read more
North Lawndale’s Ogden Commons Sees First Retail Tenants Move In
The Habitat Company recently welcomed Wintrust Bank and Momentum Coffee as the first retail tenants at Ogden Commons, a 10-acre, $200-million mixed-use development in the West Side’s… Read more
Ryan Tops Off at $110M Senior Living Project on Northwest Side
Ryan Companies US recently topped off Clarendale Six Corners, a 10-story, 258-unit senior living community on Chicago’s Northwest side. The 10-story, $117-million retail and… Read more
Fulfillment Business Grows into Prologis-Owned Bloomingdale Facility
Cawley Chicago principal Andrew Maletich recently helped his client, Trestle Fulfillment, expand its business into more than 78,000 square feet of space. Trestle has… Read more
We’re Looking for More of Real Estate’s Most Influential Women
Nominations for Connect CRE’s 2021 Women in Real Estate Awards have been open since the beginning of this month, and while industry response to date has been heartening,… Read more
Investment Sales Veteran Scott Niedergang Launches Healthcare-Focused Advisory Firm
Healthcare real estate veteran Scott Niedergang has launched Physician Real Estate Capital Advisors (PRECAP), based in Chicago. The new platform will focus on sale-leaseback… Read more
KKR Reaches $2.2B Deal for Sale of Infill and Light Industrial Portfolio
KKR said Tuesday it had agreed to sell a 14.5-million-square-foot infill and light industrial portfolio to Oxford Properties Group for approximately $2.2… Read more
TriLab Health to Locate Executive Offices in Oak Brook
Darwin Realty/CORFAC International VP Brendan Sheahan and associate Frank Damato represented TriLab Health LLC in its lease of 4,958 square feet at 2015… Read more
SVPGlobal Closes Special Situations Fund at $5B Hard Cap
Strategic Value Partners, LLC and its affiliates (SVPGlobal), a global investment firm focused on distressed debt, event-driven investments, special situations… Read more