Illinois
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
Slate Asset Management Reaches Final Close on First Debt-Focused Vehicle
Slate Asset Management, with U.S. headquarters in Chicago, has reached the final close of Slate Real Estate Capital I (SREC… Read more
Tenant Rep Veteran Greg Schementi to Join Cresa as President in 2022
Veteran tenant representation leader Greg Schementi will join Cresa in July 2022 as president, following the expiration of certain employment restrictions. Based… Read more
Pangea Gives Back to Neighborhoods Through Community Service
Chicago-based Pangea Properties spent the month of June giving back to several of the Chicago neighborhoods in which the company owns and… Read more
Oxford Capital Signs Long-Term Lease for The Porter
Oxford Capital Group LLC recently signed a long-term lease agreement for The Porter Hotel Portland (218 SW Jefferson St.) with… Read more
Malnati’s Brings Deep Dish Tenancy to Buffalo Grove Business Park
Lou Malnati’s Pizzeria, known for its deep dish pizza, will officially make Buffalo Grove its home. The company will consolidate from… Read more
Rivian Closes $2.5B Funding Round, Plans Second U.S. Factory
Electric vehicle maker Rivian has closed a $2.5-billion private funding round, led by Amazon’s Climate Pledge Fund, D1 Capital Partners,… Read more
Summit Design + Build Holds Open House at New Fulton Market Offices
General contractor Summit Design + Build recently hosted friends and clients of the firm at its new Fulton Market district office. Guests… Read more
Rogers Park Apartments Trade After Drawing Multiple Bids
Interra Realty brokered the $5.025-million sale of 7363-83 N. Winchester Ave., a two-building, 40-unit rental community in the North Side’s Rogers Park neighborhood. The… Read more
Spirit, Bascom Group Partner to Buy Luxury Evanston High-Rise
Spirit Investment Partners and The Bascom Group have acquired the 221-unit 415 Premier apartments in Evanston, IL for $49,110,000 or $222,217 per unit. The seller wasn’t disclosed. CBRE’s Dan Cohen represented the… Read more
Lincoln Park’s iO Theater Trades to Marc Realty and Terraco
Greenstone Partners and Lord Companies sold the iO Theater building and development site located at 1501 N Kingsbury in Lincoln… Read more
Lightfoot Administration Issues Post-Pandemic Transportation Plan
Chicago Department of Transportation (CDOT) Commissioner Gia Biagi on Thursday announced the release of a new Strategic Plan for Transportation. Reportedly… Read more
Irvine Company Secures 120K SF of Leases in Chicago Portfolio
Irvine Company has secured several new and expanded leases totaling nearly 120,000 square feet at its Chicago portfolio of One North Wacker, 71 South Wacker,… Read more
JLL Adds Three to Environmental and Property Condition Team
JLL Valuation Advisory is expanding its new Environmental and Property Condition (EPC) team, led by managing director Jeff Manas, with three key… Read more