Illinois
C3, Akara Living Partner on Ghost Kitchens for Serviced Apartments
C3 (Creating Culinary Communities), a food and beverage platform founded by Sam Nazarian, has formed a partnership with Chicago- and Miami-based Akara Living, founded by Rajen Shastri, to integrate… Read more
Chicago Will Launch Mass Vaccination Sites on South, North Sides
The City of Chicago will open two new mass vaccination sites on April 5, joining a site that began operating… Read more
ISS Partners with Genesys Works to Provide Student Internships
Facilities manager ISS North America has entered into a partnership with Genesys Works, a national workforce development program that connects… Read more
Lee IL Completes Lease, Sale of Itasca Industrial
Lee & Associates recently closed a lease and sale transaction for a 116,880-square-foot industrial building located at 921 Ardmore Ave. in Itasca,… Read more
Chicago Apartment Fundamentals Poised for Improvement in 2021
The story of Chicago’s apartment sector during 2020 could be called a tale of two markets: downtown and the suburbs.… Read more
Optima Tops Off Lakeview Rentals
Optima, Inc. recently topped off Optima Lakeview, a seven-story, 198-unit luxury rental building with 14,000 square feet of street-level retail in the North Side’s Lakeview… Read more
Hanley Makes Retail Pad Sale in Bourbonnais
Hanley Investment Group Real Estate Advisors completed the sale of a new-construction, 9,723-square-foot retail property at Bradley Commons, a Walmart Supercenter-anchored… Read more
A&G Markets Chicago-Area Industrial Parcel in Bankruptcy Sale
A&G Real Estate Partners is now accepting bids for a 19.34-acre industrial parcel located approximately five miles from the Indiana/Illinois border… Read more
Amped Kitchens Project Lands $4.6M C-PACE Financing
Counterpointe Sustainable Real Estate (CounterpointeSRE) provided $4.6 million in Commercial Property Assessed Clean Energy (C-PACE) funding in support of completed energy-efficiency work at… Read more
Skender Completes West Loop Showroom for Herman Miller
Skender recently completed 1100 W. Fulton, a 45,000-square-foot, five-story, single-tenant, mixed-use commercial building in the Fulton Market District. The build-to-suit office… Read more
Irvine Company Hears and Answers Office Return Protocols
As COVID-19 cases continue to decline and vaccine rollout follows a positive trajectory, Irvine Company is helping its more than… Read more
Mesa West Sticks to Strong Sponsors, Durable Markets
Mesa West Capital recently funded $47 million in mezzanine capital to finance separate commercial real estate transactions in Chicago and… Read more
“Pockets of Strength” Emerge Amid Elevated Levels of Office Sublease Space
Reports at both the local and national levels have made the point that office sublease space has increased during the… Read more
NMHC: Make Housing a Component of the Infrastructure Conversation
With attention in Washington turning to a potentially large-scale infrastructure package, the National Multifamily Housing Council has provided an analysis… Read more
Prologis Snags Goose Island Warehouse for Reported $100M
In Chicago’s biggest commercial property sale so far this year, Prologis earlier this month paid nearly $100 million for a… Read more
Proper Title Names CEO as it Eyes National Scale
Proper Title, LLC hired Judd D. Hoffman as CEO as it looks to scale its Chicago regional platform nationally. Hoffman has been… Read more
Kiser Group Closes Deal for Rare Lakeview Opportunity
Kiser Group advised on the $10.25-million sale of Graceway Corners, a three-story mixed-use development in the North Side’s Lakeview neighborhood.… Read more
Ribbon is Cut at First Phase of Townhome Complex in East Garfield Park
Structured Development joined project partners Thursday for a ribbon-cutting ceremony to mark completion of the first phase of Harrison Row Townhomes, which… Read more
Berkadia’s Chicago Office Completes Trio of Apartment Sales
Berkadia recently completed $43.2-million in combined sales of three multifamily properties, including Wing Park Apartments, Parkside Apartments and Stone Ridge Square. Managing… Read more