Illinois
Core Spaces Forms $1B Student Housing JV
Core Spaces, a developer, owner and operator of mixed-use properties in educational markets, announced has formed a new joint venture with two of the… Read more
CTA Will Buy Up to 600 Clean-Diesel Buses
The Chicago Transit Board approved the purchase of up to 600 new, 40-foot clean-diesel buses from Nova Bus. These buses… Read more
Silver Creek Snaps Up Super-Regional Michelin Warehouse
JLL Capital Markets arranged acquisition financing for a two-million-square-foot super-regional distribution facility fully occupied by Michelin North America along the I-55… Read more
Kiser Group Survey Cites Decline in Mid-Market Apartment Metrics
Kiser Group and NBOA’s latest survey of mid-market apartment landlords across the Chicago region highlighted a couple of worrisome trends.… Read more
Downtown Residence Inn Garners $141M Financing
Prime LaSalle/Madison Partners, the owner of the 381-key Residence Inn Chicago Downtown/Loop located at 11 S. LaSalle, closed on $141… Read more
Manufacturer Relocates HQ from West Town in 1031 Exchange
Entre Commercial Realty recently completed a 1031 exchange in which it sold Mid-American Elevator Company’s West Town offices and arranged a… Read more
New Hire Joins Newly Formed NW Side Team
Essex Realty Group has expanded its footprint on the Northwest Side of Chicago with the formation of the Maxfield/Quaid Team,… Read more
Bridge Acquires Two Properties for Future Schiller Park Development
Bridge Development Partners has acquired two properties that will become the future site of Bridge Point Schiller Park III and IV in Schiller Park,… Read more
CA Student Living Names Institutional Capital Head
Chicago-based CA Student Living, the student housing investment platform jointly owned by CA Ventures and QuadReal Property Group, hired David… Read more
Investment Platform Focuses on Single-Story Office in Chicagoland
Jonathan Berger and Josh Silverglade, principals of The Equitable Funds, have acquired the Remington Office Court, a four-building, single-story office… Read more
Lightfoot Administration Eases Indoor Dining Restrictions
Indoor service at Chicago’s bars, restaurants and events can expand to the lesser of 25% capacity or 50 people per… Read more
Property Manager Bozzuto Plans West Coast Expansion
Property management firm Bozzuto plans to expand its property management operations to the West Coast this year, with a focus… Read more
KBS Taps Transwestern to Manage Two River North Properties
Transwestern Real Estate Services (TRS) and KBS have signed an agreement for TRS to provide property management services for two River… Read more
It’s Time to Nominate the Year’s Top Sales and Leasing Brokers
The deadline is almost upon us to nominate commercial real estate’s top leasing and sales brokers for Connect Media’s fourth… Read more
Lendlease Launches Condo Sales at Printer’s Row Tower
Lendlease launched sales at The Reed, a 41-story luxury residential high-rise at 234 W. Polk St. in Chicago’s Printers Row. With… Read more
Sentinel Net Lease Snags Tesla Store
Sentinel Net Lease acquired a Tesla Store & Service Center in Schaumburg, IL for $10.5 million from an undisclosed seller.… Read more
Pritzker Nixes Hike in State Income Tax
Gov. J.B. Pritzker has decided against proposing a widely expected hike in the state’s income tax as part of the… Read more
Essex Closes Deal for Rogers Park Multifamily
Essex Realty Group recently closed the sale of 7416 N. Rogers Ave., a six-unit multifamily property in the North Side’s… Read more
Waterton Hires Former City Attorney as Associate GC
Waterton has hired William Aguiar as associate general counsel. Aguiar brings more than 20 years’ legal and operations experience to… Read more