Illinois
Higher Materials Costs Don’t Slow Pace of Industrial Construction
Industrial construction continues at a strong pace across many U.S. markets, despite an unprecedented increase in materials pricing that is straining… Read more
Agile Workspace is Now “a Requirement for Major Landlords and Corporations Alike”
While demand for agility in office space selection increased in 2020, the average flexible workspace requirement size decreased by 29%,… Read more
Pritzker Aims for Full Illinois Reopening on June 11
Gov. JB Pritzker said Thursday that Illinois will move into the Bridge Phase of the Restore Illinois reopening plan beginning… Read more
Courtyard Apartments Trade Near Ravenswood Metra, CTA Stations
Essex Realty Group closed the sale of 4827-4833 N. Wolcott Ave., a 25-unit courtyard building in the North Side’s Ravenswood… Read more
CRER Joins TCN Network as Newest Affiliate
Chicago Real Estate Resources Inc. (CRER) has become the newest TCN Worldwide Real Estate Services affiliate. Headquartered in Chicago’s Lakeview neighborhood,… Read more
Golub, Petiole JV on Carol Stream Apartments
Golub & Company and Petiole Asset Management closed a joint venture acquisition of Lakehaven Apartments in Carol Stream, IL, marking the first residential JV between the… Read more
BMO Harris, Chase and Citadel Will Return Workers to Downtown Chicago as Soon as June
Some of Chicago’s largest financial tenants have announced that they expect workers to return to the office as soon as… Read more
CME Group Won’t Reopen Most Physical Trading Pits
Most of CME Group’s open outcry trading areas will be passing into Chicago history. The derivatives marketplace said that it… Read more
McKissack & McKissack Names Midwest Team Leaders
National architecture, engineering and construction management firm McKissack & McKissack hired Sam Boye Jr. as operations manager for the Midwest and… Read more
Landmarks Illinois Issues 2021 Roster of Endangered Places
Two sites in Chicago, including the Altgeld Gardens Shop Building and School Buildings B and C on the Far South… Read more
Insurer Triples Space in Move to Rosemont Redevelopment
Colliers Chicago’s Jonathon Connor and Jason Simon represented a joint venture between Farpoint Development and Greco/DeRosa Investment Group in a… Read more
Union Pacific Plans to Open Intermodal Terminal
Union Pacific recently announced plans to open a new intermodal terminal in the heart of Southern California’s import distribution/warehouse region.… Read more
Chicago Auto Show to Return in July as Hopes Rise for Broader Reopening
The annual Chicago Auto Show, canceled last year due to COVID-19, will return to McCormick Place July 15-19. The nation’s… Read more
LaSalle Street Office Properties Come to Market for First Time Since Onset of Pandemic
Two new offerings of LaSalle Street office properties have hit the market at the same time. In the larger of… Read more
CA Student Living Makes Key Executive Moves
CA Student Living (CASL), the vertically integrated student housing investment management platform of Chicago-based CA Ventures, has hired Robert Saunders… Read more
Clune Construction Wraps Work on New Sterling Bay Headquarters
Clune Construction has completed Sterling Bay’s new headquarters at 333 N. Green St. in Fulton Market. Begun a month before the… Read more
Astoria at Central Park West Unveils Custom Building App
With Elevated Living’s recent expansion to Irvine, residents of Astoria at Central Park West will now have a customized building… Read more
Pritzker Administration Issues RFP for Sale of Thompson Center
The State of Illinois on Monday issued an RFP for the sale of the James R. Thompson Center at 100… Read more
Marshall Bennett Institute Awards Three Scholarships
The Marshall Bennett Institute of Real Estate at Roosevelt University (MBIRE) on Monday announced the winners of three scholarships awarded to students during the… Read more