Illinois
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
123 N. Wacker Lands $153M Refi
JLL Capital Markets arranged a $153-million refinancing for 123 North Wacker, a recently repositioned 550,000-square-foot office tower in Chicago’s West Loop. The team of… Read more
ERCOT Board Members Resign Following Power Crisis
Top board members of Texas’ embattled power grid operator, Electric Reliability Council of Texas (ERCOT), resigned this week. These resignations… Read more
Morgan/Olayan Partnership Snares 14,000-Unit MF Portfolio
A partnership of Morgan Properties and Olayan America has acquired a portfolio of 48 apartment communities and 14,414 units in… Read more
Suraj Desai Joins Black Bear Capital’s Chicago Office
Black Bear Capital Partners (BBCP) expanded its Chicago office with the addition of veteran real estate finance advisor Suraj Desai, who joins as a… Read more
Pilsen Multifamily Achieves High Per-Unit Price
Essex Realty Group finalized the sale of 1417 W. Cullerton St., a six-unit multifamily property located in the West Side’s… Read more
NASIS Acquires Triple-Net Walgreens
Los Angeles-based NAS Investment Solutions (NASIS) has acquired a Class-A, 14,833-square-foot Walgreens in Burbank, IL for an undisclosed sum. NASIS says the… Read moreDayton Street Makes Logistics Buy on Chicago’s South Side
Chicago-based Dayton Street Partners has acquired a 7.81-acre site with multiple high flow-through buildings totaling 66,154 square feet at 2217… Read more
Buildout Acquires Rethink; Will Integrate Product Suite
Buildout has acquired Rethink, a leading provider of commercial real estate dealmaking technology. As part of this acquisition, Chicago-based Buildout… Read more
Cinespace Chicago Snags Seven-Building Complex
Cawley Chicago recently closed the sale of 1901 S. Rockwell St. in Marshall Square on Chicago’s West Side. The facility… Read more
Interra Promotes Max Grossman to Director
Interra Realty promoted Max Grossman from associate broker to director. Grossman has brokered or assisted with more than $125 million in… Read more
Foxtrot Market Plans to Double Store Count After Series B Round
Upscale convenience store Foxtrot Market, headquartered in Chicago, has raised $42 million in a Series B fundraising round. The round… Read more
New JV to Focus on Mall & Lifestyle Center Sector
Frontline Real Estate Partners, Carr Realty Advisors LLC (CRA) and Stillwater Advisory Group have formed a new joint-venture, Frontline Real Estate Partners –… Read more
Michael Marrion Joins Cresa Chicago Team
Michael Marrion has joined Cresa Chicago as an SVP with the firm’s downtown Tenant Representation Group. He will focus on business development and… Read more
Comcast Business Has Installed MTGs at 50+ Chicago-Area Properties
Comcast Business said more than 50 commercial, residential and mixed-use properties across the Chicago area have deployed its Multi-Tenant Gateway… Read more
J.C. Anderson Tapped for Buildout of Ajinomoto Headquarters
J.C. Anderson was selected to complete a renovation project for Ajinomoto Health & Nutrition (AHN) North America, Inc.’s new corporate… Read more
Downtown Chicago Could See Its Largest Apartment Project in Decades
Vancouver-based Pacific Reach Properties plans two high-rises with more than 1,000 apartments next to Presidential Towers in the West Loop,… Read more
EQ Office Launches Social Responsibility Program
EQ Office has launched a social responsibility program, EQ Impact, aimed at regenerating urban spaces, preserving local culture, and driving humanity into… Read more