Illinois
Chicago Awards $33M in Grants for 58 Commercial Projects
A South Shore intergenerational housing complex, a new headquarters for a West Garfield Park gun violence prevention organization and a… Read more
Equity Residential Sells Seattle Apartment Complex for $132M
An apartment complex in Seattle’s Belltown neighborhood has traded for $132 million. The Centennial Tower and Court Apartments complex comprises… Read more
Prologis Appoints Kurt Nelson as VP, Market Officer for Portland
Prologis has appointed Kurt Nelson as Vice President, Market Officer for the Portland, Oregon, market. In his new role, Nelson… Read more
Essex Realty Completes Sale of Bucktown Multifamily
Essex Realty Group arranged the sale of 2163 North Bell Avenue, an eight-unit multifamily property located in Chicago’s Bucktown neighborhood.… Read more
Barnes & Noble Opening Four Chicago Stores
Barnes & Noble will open four new locations in the Chicago area in 2026, including a large store off Michigan… Read more
Chicago Stars Unveil $30M Training Facility Plans
In partnership with Populous and Marquee Development, the Chicago Stars have identified a 10-acre site in Bannockburn, Illinois, to serve… Read more
Report: Data Center Sector to Double Amid AI Infrastructure Boom
The global data center sector is poised for continued expansion, with capacity expected to nearly double from 103 GW to… Read more
NewMark Merrill Acquires Chicago-Area Shopping Center
NewMark Merrill Companies, Inc. has acquired Lake Meadows Shopping Center, a 179,106-square-foot grocery-anchored retail center located on 16 acres on… Read more
Principle Construction Builds Circle K, Fueling Center in West Dundee
Principle Construction has completed construction on a new 4,000 square foot flagship Circle K fleet convenience store at 70 Airport… Read more
Alterra IOS Expands National Presence in Key Markets
Alterra IOS, a prominent player in the industrial outdoor storage (IOS) sector that has acquired over 400 sites nationwide, said… Read more
IPA Arranges $97M Financing from Bank OZK for Illinois Industrial Portfolio
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the $96.7 million financing of three industrial properties in… Read more
Chicago/Midwest People & Company News, week of January 2, 2026
Newmark has hired Dan Baker as a Managing Director within its multifamily debt and structured finance business. Based in St.… Read more
Mavrek Acquires Gold Coast Retail Building in Chicago
Mavrek has acquired 12-16 W. Maple Avenue, a 20,000-square-foot, four-story building located in the heart of Chicago’s Gold Coast, immediately… Read more
Avison Young Secures Purchase, Full Leasing of Lake Forest Office Building
Avison Young announced the acquisition and successful full leasing of 1905 West Field Court in Lake Forest, Illinois. The property,… Read more
Avatar Financial Provides $11M for Three IL Gas Stations
Avatar Financial Group LLC has funded a $11.125 million bridge loan secured by three operating gas stations in the Chicago… Read more
JLL Arranges Sale of 314K-SF FedEx Facility in Niles
JLL completed the sale of a 314,028-square-foot FedEx Ground distribution facility located at 5959 W. Howard Street in Niles, Illinois.… Read more
Law Firm Benesch Expands Firm’s Chicago Office Footprint
Benesch Friedlander Coplan & Aronoff, a Cleveland-based law firm, is making a significant expansion of the firm’s Chicago office. The… Read more
Investor to Buy Southern Portion of Stalled Lincoln Yards Site in Chicago
General contractor Novak Construction is set to acquire the southern portion of the stalled Lincoln Yards megaproject. The deal would… Read more