Illinois
Optima Brings Property Management In-House at Three Chicago Rentals
Development firm Optima, Inc. will lead property management and leasing services at three Chicagoland Class A rental buildings – its 490-unit Optima Signature… Read more
Belgravia Goes Vertical on West Loop Condos
Belgravia Group, Ltd. launched construction on its latest condominium development, CA6 West Loop, located at 305-323 S. Racine Ave.. The 72-unit, seven-story building,… Read more
Significant Opportunities Exist Within Broader Housing Market
Värde believes there are substantial opportunities in certain segments positioned to outperform the broader U.S. housing market, which entered the… Read more
Wayfair Will Build Romeoville Fulfilment Center
Wayfair plans to open a new 1.2-million-square-foot fulfillment center in Romeoville, IL. The new facility, to be located on a… Read more
Chicago Plan Commission Okays Michael Reese Redevelopment Proposal
GRIT Chicago LLC, the development team selected by the city of Chicago to turn the former Michael Reese Hospital site… Read more
CBRE Promotes Matt Mulvihill to Vice Chairman
Matt Mulvihill of CBRE’s Advisory & Transaction Services has been promoted to vice chairman, the highest title ranking among producers… Read more
Partnership Acquires North Side Apartments
Marcus & Millichap arranged the sale of 1620 N. Honore St., a three-unit apartment property in the North Side’s Wicker… Read more
Butler Hospitality Plans Nationwide Rollout
Butler Hospitality, a ghost kitchen network for hotels, plans a nationwide expansion for 2021. Now serving more than 40,000 keys… Read more
Ben White 6 Attracts New HQ Tenant
Eleiko Sport Inc. recently signed a lease for 52,946 square feet at Ben White 6 at 3910 S. Industrial Blvd.… Read more
Eisenberg Foundation’s Real Estate Challenge Focuses on Woodlawn
For the Harold E. Eisenberg Foundation’s 11th Annual Real Estate Challenge on April 10, student teams will be tasked with creating and conceptualizing… Read more
Premier Design Readies Seefried Industrial Complex
Premier Design + Build Group is putting the finishing touches on a new industrial complex for real estate developer Seefried… Read more
Ben White 6 Attracts New HQ Tenant
Eleiko Sport Inc. recently signed a lease for 52,946 square feet at Ben White 6 at 3910 S. Industrial Blvd.… Read more
Pritzker Budget Seeks $932M in Higher Levies on IL Businesses
Gov. J.B. Pritzker on Wednesday unveiled a $95.5-billion proposed fiscal 2022 budget that doesn’t include a general tax hike, but proposes… Read more
Debt Expert Philip Galligan Joins JLL in Chicago
Philip Galligan has joined JLL as a director in its Chicago office. He’ll focus on debt and equity placement transactions across the… Read more
Startup Hub 1871 Will Acquire Catapult Chicago
Co-working and startup hub 1871 will acquire Catapult Chicago’s intellectual property assets and programs, the two organizations said Wednesday. The… Read more
JV Will Develop Industrial at Former Outlet Mall Site in Huntley
Huntley Investment Partners, LLC (HIP) will develop approximately 717,400 square feet of industrial buildings on a 60.8-acre site along I-90… Read more
Chicago Further Eases Indoor Dining Restrictions
The city of Chicago said Tuesday it would ease indoor dining restrictions for a second consecutive week, allowing bars and… Read more
C-PACE Financing on Medical Campus is Kane County’s Largest
The Illinois Energy Conservation Authority (IECA) recently closed on its largest commercial Property Assessed Clean Energy (C-PACE) financing deal in… Read more
Cresa Chicago Promotes Liz Roberts to Principal
Liz Roberts has been promoted to principal – account management at Cresa’s Chicago office. Roberts, who has been with Cresa for… Read more