Illinois
Greenstone Partners Brokers River North Office-to-Multifamily Sale
Greenstone Partners completed the sale of 401 West Ontario Street, a 48,000-square-foot office-to-multifamily conversion opportunity located in Chicago’s River North… Read more
Joint Venture Acquires 257K-SF Colorado Warehouse Portfolio
A joint venture between ErvoSquare and Matrix Group purchased a 10-building small-bay industrial portfolio in Englewood and Sheridan for $33.4… Read more
Almanac Realty Investors Provides $300M Capital Commitment to SparrowHawk
Almanac Realty Investors, a business unit of Neuberger, has committed up to $300 million of growth capital to SparrowHawk, a… Read more
Illinois Passes Legislation to Lift Ban on Large Nuclear Plants
Illinois Governor JB Pritzker signed the Clean and Reliable Grid Affordability Act (CRGA) to spur production of battery storage, renewable… Read more
Marcus & Millichap Closes Suburban Chicago MF Sale for $25M
Marcus & Millichap completed the sale of Mallard Point Apartments, a 173-unit multifamily asset in Channahon, Illinois. The property sold… Read more
RentCafe Report: Finding Apartment Units Remains Challenging
Even with the increase in multifamily supply, households continued to face challenges in finding rental units over the past year.… Read more
JLL Arranges $54M for Midwest Industrial Portfolio
JLL has arranged $54.7 million in acquisition financing for a two-property industrial portfolio spanning the St. Louis and Kansas City… Read more
Chicago/Midwest People & Company News, week of January 9, 2026
Cushman & Wakefield announced today the addition of Scott Pickett and Tom Miles to its Columbus brokerage team as Senior… Read more
Hernandez Development & Construction Opens Self‑Storage in Carol Stream
Hernandez Development has completed Carol Stream Self Storage, a new 71,510-square-foot, Class A self-storage facility at 27W010 North Avenue in… Read more
Capstone Development to Build Student Housing at the University of Virginia
The University of Virginia (UVA) has selected Capstone Development Partners to build new upper-class student housing on the campus. Capstone’s… Read more
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