Illinois
Lake Forest Offices Garner $33M Financing
JLL Capital Markets recently arranged $33.02 million in financing for One and Two Conway Park, two boutique Class A office buildings… Read more
Chicago Office Availabilities Rise for Sixth Consecutive Quarter
Chicago office witnessed its sixth consecutive quarter of rising availability during the second quarter, although new supply coming to the… Read more
Loop Metrics Reach Highest Levels Since Pandemic Began
Chicago Loop Alliance’s June report on downtown activity shows the highest levels for all metrics since before the pandemic. In particular, hotel occupancy… Read more
Bolingbrook Asset Sells to Investor Transitioning from Residential
Marcus & Millichap arranged the sale of The Woodland Building, a 10,801-square foot office property in Bolingbrook, IL. The property traded for $1,030,000. First… Read more
Diamond Realty Sells Kinzie Corridor Asset After Upgrades
JLL recently arranged the sale of one of the first stabilized buildings in the Kinzie Industrial Corridor submarket for an… Read more
ASC Arranges Cash-Out Loan on Logan Square Multifamily
American Street Capital (ASC) secured an $8.17-million cash-out refinance loan for a 45-unit multifamily building in the North Side’s Logan… Read more
PW Spearheads Full Lease-Up of South Side Industrial
PW Commercial Real Estate – TCN Worldwide brokers Marc Hale, Ed Wabick and Terry Lynch recently represented Realterm Logistics in… Read more
Lee IL Arranges Office Lease at Schaumburg’s National Plaza
Lee & Associates has closed an office lease for 4,015 square feet at 1111 Plaza Dr. in Schaumburg, IL, within the three-building National… Read more
Logistics Firms Buck Downsizing Trend in Chicago Office Market
Even as the pandemic has spurred e-commerce traffic and therefore demand for Chicago-area warehouse space, the rise of logistics firms… Read more
J.C. Anderson Completes Multi-Floor Buildout for West Monroe
J.C. Anderson has completed a 179,000-square-foot, multi-floor office renovation for West Monroe at 311 W. Monroe St. in the Loop. The construction team for J.C. Anderson was led by… Read more
Interra Brokers Multifamily Sale in Norwood Park
Interra Realty brokered the $1.92-million sale of 6018-6020 N. Avondale Ave., a 12-unit rental community in the Northwest Side’s Norwood Park neighborhood.… Read more
Tock Chooses New Tishman Speyer Build for Fulton Market HQ
Tock, an emerging provider of streamlined online reservations, events, take-out and delivery tools, will move its current Fulton Market headquarters to Tishman… Read more
Assisted Living Facilities Nab $106M in Recap Funds
Financing to the tune of $105.9 million was recently arranged to recapitalize a portfolio of six assisted living/memory care properties.… Read more
TradeLane Offloads Bridgeview Warehouse After Repositioning
OakBrook, IL-based TradeLane Properties has sold TLP Bridgeview Logistics Center at 7557-7575 S. 78th Ave. in Bridgeview, IL. CBRE Capital Markets’ Michael… Read more
The Butter’s Back on the Popcorn at Movie Theatres
Among the retail sectors that suffered the most extensive impact from pandemic-related shutdowns, movie theatres by and large have demonstrated… Read more
Sterling Bay Brings Hard Kombucha Pop-Up to Fulton Market
Sterling Bay and locally owned hard kombucha company Luna Bay Booch are bringing a seasonal pop-up to 160 N Morgan in Fulton… Read more
Draper and Kramer Launches Pre-Leasing on Wrigleyville Rentals
Draper and Kramer has launched pre-leasing for Wrigleyville Lofts, the developer’s new 120-unit mixed-use project at 949 W. Dakin St. in the North Side’s Wrigleyville neighborhood.… Read more
Cawley Chicago Finalizes Sale of Bronzeville Development Site
The Cawley Chicago urban development team recently arranged the sale of a 19,000-square-foot building situated within the South Side’s Bronzeville… Read more
NAI Hiffman Secures WELL Health-Safety Rating for 15-Building Portfolio
NAI Hiffman has secured the WELL Health-Safety Rating for 15 office buildings under its management. Fourteen of the properties are located… Read more