Illinois
Chicago CRE Professionals: Back to the Office Means Fully Vaccinated
Fifty-six percent of Chicago commercial real estate professionals think being fully vaccinated should be a requirement for returning to work… Read more
Savills Advises Waller Helms in Downtown Headquarters Relocation
Savills executed a long-term office lease transaction on behalf of Waller Helms Advisors. Waller Helms will relocate from its current… Read more
Parkline Chicago Switches Condo Units to Rentals as Downtown Market Heats Up
Parkline Chicago developer Moceri + Roszak has completed construction on the Loop residential tower’s 24 condominium residences and will now lease those units as ultra-luxury apartments… Read more
Prysm Institute, DePaul Launch Mentorship Program to Boost Biotech Sector
Prysm Institute, a virtual business incubator and accelerator founded by Sterling Bay, has launched a new initiative with DePaul University. It’s intended… Read more
Duke Realty Hires VP of Leasing for Chicago Region
Duke Realty Corporation has hired Josh Bauer as VP of leasing and development in Chicago. Bauer will negotiate and secure lease commitments… Read more
Pre-Leasing Takes Flight at New Wingspan Project in Plainfield
Wingspan Development Group has gotten pre-leasing underway for Sixteen30, its $60-million, 284-unit garden-style luxury rental community in Plainfield, IL, about 35… Read more
City Puts Underused Parking Lots Up for Sale
Four underutilized parking lots owned by the City of Chicago in Lake View, North Center and Portage Park are being… Read more
Hilco Awards 3rd Annual Scholarships to Little Village Residents
Hilco Global awarded the 2021 Hilco Scholars Scholarships to Little Village residents Monica Jaimes and Raquel Avila at a ribbon-cutting for a Target logistics… Read more
Adelphia Closes Sales of Two Restaurant Properties
Adelphia Properties recently arranged the sales of two freestanding restaurant buildings in the Chicago suburbs. The first sale disposed of… Read more
Origin Investments Closes Opportunity Zone Fund at $265M
Private equity firm Origin Investments closed on Origin Qualified Opportunity Zone (QOZ) Fund I, with aggregate capital commitments of $265 million… Read more
Essex Lists Pair of Pilsen Opportunities
Essex Realty Group has been selected to market two Pilsen investment opportunities – 2015 S. Racine Ave. and 2021-2029 S.… Read more
Apartment Portfolio Fetches $8M in Loves Park, Rockford
Marcus & Millichap recently closed the sale of Forest City Properties, a 111-unit apartment portfolio located in Loves Park and Rockford, IL. The portfolio… Read more
WHA Completes Refresh at 200 S. Wacker
Wright Heerema Architects (WHA) recently completed the repositioning for 200 S. Wacker, including a lobby renovation and exterior refresh to help distinguish the office building from its neighbors. The 2,400-square-foot, four-story-tall lobby plus exterior canopy work provides a distinctive entry into the property. For decades, 200 S.… Read more
Metra Awards Contract for New Auburn-Gresham Station
Metra’s board of directors has approved a $28.2-million contract to build the new Auburn Park Station on the Rock Island… Read more
Kirkland & Ellis Nears Move to Wolf Point’s Salesforce Tower: Reports
Law firm Kirkland & Ellis is in advanced talks for the largest downtown Chicago office lease in years, a move that… Read more
Draper and Kramer Adds SVP to Oversee Loan Servicing
Draper and Kramer has named Suzanne Weiss as SVP, commercial mortgage servicing, for its Commercial Finance Group. An industry veteran with nearly… Read more
SIOR Chicago Members Tee Off at Annual Golf Outing
The Chicago Chapter of the Society of Industrial & Office Realtors (SIOR) held its annual golf outing on Monday, July… Read more
Kiser Group Markets West Side Multifamily Portfolio
Kiser Group has brought 85 units across 14 buildings and three vacant lots to market on Chicago’s West Side, representing a… Read more
Colliers Duo Arranges Sale-Leaseback in Melrose Park
Colliers International Chicago’s Mike Senner and Tom Rodeno represented Promus Equity Partners, LLC, which led a recent investment in Caputo… Read more