Illinois
Chicago Restaurants, Bars Cleared for Increase to 50% Capacity
The Lightfoot administration on Tuesday further eased COVID-19 regulations for Chicago businesses, thanks to sustained progress in all four reopening… Read more
Retailer Paper Source Seeks Sale to Lenders in Chapter 11 Filing
Chicago-based omnichannel retailer Paper Source said Tuesday it would accept a stalking horse bid from a syndicate of lenders led… Read more
Golub Adds Office Leasing Veteran to Downtown Team
Golub & Company has added Erica Rogers to the company’s downtown Chicago office leasing team as VP. A 27-year veteran of… Read more
Costco Wholesale Commits to Schaumburg Offices
CBRE arranged a 30,000-square-foot lease at Woodfield Preserve Office Center, on behalf of Zeller, to Costco Wholesale Corporation and Costco… Read more
Mag Mile Capital Adds Originations AVP
Matt McClellan has joined Mag Mile Capital as associate VP of originations. He’ll be based at the firm’s Chicago office.… Read more
CenterPoint Trades Seven-Property Portfolio in Chicago, Suburbs
CenterPoint Properties has sold a seven-property industrial portfolio totaling more than 1 million square feet and 73 acres in the Chicago… Read more
Kiser Group Lists 61-Unit South Shore Portfolio
7600 S. South Shore Dr. and 7763 S. South Shore Dr. in the South Side’s South Shore neighborhood have been… Read more
ML Realty Completes Central DuPage Warehouse
ML Realty Partners completed development of a new, multi-tenant, rear-load industrial building in the Central DuPage community of Glendale Heights, IL. Located… Read more
City Council Okays Redevelopment of Morton Salt Warehouse on Chicago River
Morton Salt’s former warehouse along the Chicago River could soon begin transforming into a music and events venue, the Chicago… Read more
Loop Alliance Urges Support for Theater Week, Restaurant Week
The Chicago Loop Alliance touted a pair of multi-day festivals organized by Choose Chicago—Theatre Week and Restaurant Week—as a means… Read more
Mass Vaccination Site Coming to United Center
City, state and federal officials announced Friday that a mass vaccination site will be set up in the parking lot… Read more
Englewood Awarded Multiple Dispensary Projects
Englewood Construction has been awarded multiple recreational cannabis dispensary projects in Illinois, including The Herbal Care Center in Chicago’s Greektown neighborhood,… Read more
Office-Using Tenants Look Past the Pandemic
If it seems as though you’ve been reading more stories about office leasing deals on Connect recently, it’s not a… Read more
IRR Sees Downtown Chicago Apartment Market Turning the Corner
Chicago’s downtown apartment market, which saw occupancies decline in the pandemic, is on the mend, Integra Realty Resources (IRR) says… Read more
Transwestern Expands Commerz Relationship with Second Leasing Assignment
Commerz Real, the asset and investment manager of German Commerzbank, selected Transwestern Real Estate Services (TRS) to provide leasing services for Fulton West,… Read more
Lightfoot Seeks Demolition Surcharge for 606, Pilsen Areas
Mayor Lori E. Lightfoot introduced an ordinance to Chicago City Council that would place a surcharge on permits for demolition… Read more
CBRE Adds Senior Financial Analyst to Downtown Team
CBRE Capital Markets Debt & Structured Finance group has hired Jim Ferris as a senior financial analyst on its Downtown… Read more
Altorfer Caterpillar Nears Completion of Three-Site Relocation
The Altorfer Caterpillar Dealership, based in Cedar Rapids, IA, will complete its major three-transaction relocation across Chicagoland this spring, moving its… Read more
Arlington Racecourse Comes to Market as Development Opportunity
A contiguous 326-acre redevelopment opportunity is coming to market at the current home of Arlington International Racecourse in Arlington Heights,… Read more