Illinois
Lightfoot Proposes Tax Incentive for Discover Call Center in Chatham
The adaptive re-use of a vacant Chatham department store as a 1,000-job Discover customer care center will be furthered by… Read more
Westmount’s Booth Assumes Chairman Role
Cliff Booth, Westmount Realty Capital’s founder, president and CEO, is assuming a new role as chairman with the firm he… Read more
NorthMarq Arranges St. Charles Sale to Evergreen Real Estate
NorthMarq managing director Parker Stewart, associate VP Dominic Martinez and senior associate Alex Malzone secured the sale of Haven St.… Read more
Naperville Apartment Trade Reaches Three-Year High on Pricing
In the Chicago suburbs’ biggest apartment deal in nearly three years, a venture led by Des Moines-based BH Equities has… Read more
Chicago Food Truck Festival Returns in July After Two-Year Hiatus
Business Affairs and Consumer Protection (BACP) Commissioner Rosa Escareno said Tuesday that the popular Chicago Food Truck Festival at Daley… Read more
Laramar Group Promotes Two in Chicago Offices
The Laramar Group, a real estate investment and property management company based in Chicago and Denver, has promoted Jeanne Schwab to COO… Read more
POAH Acquires Rentals Across from Future Obama Center
Preservation of Affordable Housing (POAH) has finalized the $29.5-million acquisition of Island Terrace Apartments in the South Side’s Woodlawn neighborhood from… Read more
SparrowHawk Trades DeKalb Industrial to Zilber
SparrowHawk Real Estate has completed the disposition of a Class A, fully leased industrial building in DeKalb, IL. The asset was purchased by… Read more
Ventas to Acquire New Senior for $2.3B
Chicago-based Ventas, Inc. and New York City-based New Senior Investment Group Inc. have entered into a definitive merger agreement in… Read more
West Coast Logistics Startup Will Open Fulton Market Office
Encinitas, CA-based logistics startup Flock Freight will open a Chicago office in the Fulton Market District this fall. The company has hired… Read more
Essex Lists Pair of Mixed-Use Assets in Chatham
Essex Realty Group has been selected to sell two mixed-use properties in the South Side’s Chatham neighborhood. Located across the… Read more
Next Realty Adds to Single-Story Office Portfolio
An affiliate of Next Realty, LLC has acquired a single-story office building in north suburban Vernon Hills, an acquisition that expands the… Read more
OPI Snags Atlanta Office Property for $195M
Office Properties Income Trust (OPI) has acquired Twelve24, a 345,917-square-foot office property in Atlanta. The sales price was $195 million.… Read more
Lexington Homes Sets Sights on Former DePaul College Prep Campus
Locally based Lexington Homes wants to turn the former DePaul College Prep campus in Irving Park into a sprawling residential… Read more
U.S. Xpress Will Anchor River North Office Redevelopment
North Wells Capital and Urban Innovations have signed U.S. Xpress Enterprises to a long-term lease for approximately 40,000 square feet encompassing three floors at 306… Read more
Mosaic Completes Work on New Wing for TCA Health
Mosaic Construction completed construction and delivered a new Behavioral Health & Supportive Services Wing for TCA Health, located at 1029 E. 130th… Read more
Net-Leased Childcare Facilities Trade in Yorkville and Flossmoor
Marcus & Millichap arranged the sale of two Children of America properties in Yorkville and Flossmoor, IL. The undisclosed buyer purchased both locations simultaneously and in a 30-day transaction. … Read more
Remote-Friendly Jobs Create a Drag on Office Demand Recovery
Even as the effects of the pandemic are ebbing and office-using employees are return to the office, overhang from the… Read more
Cities Benefit from Increased Tree Canopies
American Forests recently released its first tally of Tree Equity scores, a calculation that evaluates equitable distribution of tree cover… Read more