Illinois
Aon Center’s Outdoor Plaza Undergoes Overhaul
601W Cos. is spending $6.5 million to demolish and redesign the Aon Center’s half-acre plaza in anticipation of greater demand… Read more
COVID Restrictions Loosened for Chicago and Suburbs
Chicago and its suburbs have moved from the most restrictive Tier 3 mitigations against COVID-19 to Tier 2 under revised… Read more
SIOR Chicago Names 2021 Executive Board
The Chicago Chapter of the Society of Industrial & Office Realtors (SIOR) recently named its new executive board officers for… Read more
Navistar Will Sell Melrose Park Facility to Developer
Navistar International Corporation plans to sell its Melrose Park, IL facility to a developer. The company didn’t identify the purchaser of the… Read more
Aries Closes Acquisition Loan for Streeterville Restaurant
Aries Capital has closed a $3.4-million non-recourse loan for the acquisition of an 8,700 square foot restaurant building at 164… Read more
Investment Firm Snags Holiday Inn Across from Old Post Office
Hoping to ride the momentum created by the redevelopment of the Old Post Office, Chicago-based real estate investors LXG purchased… Read more
Lendlease, Magellan Top Out on Two Lakeshore East Towers
Lendlease and Magellan Development Group topped out at Cirrus, a 47-story, 350-unit luxury condominium tower at 211 N. Harbor Dr.,… Read more
Toll Brothers, Harrison Street Form JV on Tempe Student Housing Development
Fort Washington, PA-based Toll Brothers, Inc. formed a JV with Chicago-based Harrison Street to develop Canvas, a 263-unit, 826-bed luxury… Read more
CRG Names SVP and General Counsel
CRG, the real estate development and investment arm of Chicago-based Clayco, has retained Jennifer Nichols as SVP and general counsel. With 15 years of legal experience, Nichols will oversee… Read more
Chicago Industrial Deliveries Reach New Peak as Vacancies Plummet
Chicago industrial saw 23.9 million square feet of deliveries during 2020, representing a new high-water mark for the region, JLL… Read more
AIA Closes Rogers Park Apartment Deal
Apartment Investment Advisers (AIA) recently closed the sale of an apartment building in the Rogers Park neighborhood on Chicago’s North… Read more
Kinzie Wraps Work on Rental Townhomes in Deerfield
Kinzie Builders has completed construction on Elm Street Place, a two-building, seven-unit rental townhome development in Deerfield, IL. Both buildings are fully… Read more
Oxford Capital Brings Café to Shops at LondonHouse
Oxford Capital Group, LLC completed its third lease signing of the past eight months, securing La Borra del Café, a Mexican-style… Read more
Metra Will Modernize Fleet with 500 New Railcars
The Metra board of directors on Wednesday approved the purchase of up to 500 railcars from Alstom Transportation Inc. at… Read more
Mixed-Use Property Trades on West Side
Marcus & Millichap arranged the sale of 5256 W. North Ave., a 14,000-square foot mixed-use property in the West Side’s… Read more
Nominate the Year’s Top Sales and Leasing Brokers
Do you know a commercial real estate broker or team who made a big impact in 2020 amid the challenges… Read more
EQ Office Unveils Art Installation at Willis Tower
EQ Office unveiled Atmospheric wave wall, the first public art installation in Chicago by globally acclaimed artist Olafur Eliasson. The original piece was… Read more
Colliers Adds VP to Downtown Agency Leasing Team
Marina Zelenkova has joined Colliers International Chicago as a VP with the firm’s Downtown Chicago agency leasing team. She will work alongside… Read more
Matthew Carney Joins Aries Capital Team in SoCal
Chicago-based Aries Capital, LLC expanded its SoCal team with the addition of Matthew Carney as Vice President on the full-service… Read more