Illinois
JLL Closes $94M Sale of Bolingbrook Apartments
JLL Capital Markets closed the $93.5-million sale of, and arranged $60.825 million in acquisition financing for, the Riverstone Apartments, an… Read more
Tenants in Healthcare, Retail, E-Commerce Drive Chicago Industrial Demand
The Chicago industrial market continued its hot streak in the first quarter, with strong tenant demand from large corporate healthcare, retail and… Read more
The Office Market: Connect CRE Panelists Provide View from the Trenches
With mixed messages coming from corporate tenants on their near-term and long-term plans for occupancy a year into the pandemic,… Read more
Essex Sells One Logan Square Asset, Lists Another
Essex Realty Group recently sold one Logan Square property and listed another. Principals Jim Darrow and Jordan Gottlieb brokered the… Read more
Baird & Warner Launches Scholarship for UIC Law Students
Baird & Warner, Illinois’ largest family-owned independent real estate services company, said it’s committing $215,000 to establish the John Baird Scholarship Fund supporting… Read more
RHP Pays $184M for 3-State Manufactured Housing Portfolio
RHP Properties, headquartered in Farmington Hills, MI, has acquired the Heritage Portfolio, a collection of 29 manufactured home communities in Illinois, Indiana and Michigan containing… Read more
The Top 3 Stories in Real Estate for the Week of April 30
Connect CRE’s Sofia Nadji recounts the three best-read commercial real estate stories of the past week, as reported by Connect.… Read more
United Center Reopens as Chicago Further Eases COVID Restrictions
The Lightfoot administration has launched Open Chicago, its latest initiative to safely and fully reopen the city following the COVID-19… Read more
JLL Promotes Caruso to Managing Director for Retail Advisory
JLL has promoted Peter Caruso to managing director for the retail advisory team in Chicago. Caruso will be responsible for the administration and… Read more
Essex Lists New-Construction Apartments in Old Town
Essex Realty Group has been retained to market for sale the Old Town Collection, a luxury mixed-use apartment building in… Read more
Hudson Will Bring Checkout-Free Store to Midway Airport
Hudson, which operates more than 1,000 stores in airports, commuter hubs, landmarks and tourist destinations across North America, will bring… Read more
Logistics Firm Signs Full-Building Lease in Glendale Heights
Newmark arranged a full-building, 44,300-square-foot new lease of 490 Windy Point Dr. in Glendale Heights, IL. Senior managing director Corey… Read more
WeWork Taps Transwestern to Lease Six Chicago Buildings
Transwestern Real Estate Services has landed a WeWork leasing assignment totaling nearly 500,000 square feet for six buildings across downtown Chicago.… Read more
Family Office Sells Lincoln Square Apartments After 50-Year Hold
Interra Realty recently brokered the sale of 4841 N. Rockwell St., an 18-unit multifamily property in the North Side’s Lincoln Square… Read more
Two West Loop Headquarters Buildings Go Up for Sale
A pair of West Loop headquarters properties has gone on the market in a sign that landlords are expecting commercial… Read more
Aligned Breaks Ground on First Chicago-Area Data Center
Dallas-based data center provider Aligned has broken ground on its latest hyperscale data center campus in Northlake, IL, a Cook County suburb… Read more
Calamos Investments Establishes Chicago Presence in Fulton Market
Global asset manager Calamos Investments has signed a multiyear lease for the top floors of Parkside Realty’s Fulton East development… Read more
California Population Increases But Less Than National Pace
The U.S. Census Bureau announced the U.S. population (308.7 million) and the statewide breakdown this week. While the state population… Read more
IRI Relocates Global Headquarters to 230 N. LaSalle
JLL represented IRI, a global leader in innovative solutions and services for consumer, retail and media companies, in the relocation… Read more