Illinois
Realterm, JPMorgan Team on 28-Market Logistics Portfolio
(Updated with additional information) Realterm and J.P. Morgan Asset Management (JPAM) entered a joint venture to acquire a 1.75-million-square-foot logistics portfolio… Read more
Avison’s Chicago Office Adds Operations Manager
Samantha Fonda has joined Avison Young as the operations manager for the Chicago region. She’ll be responsible for defining operational policies; identifying, hiring… Read more
Commerz Real Taps Transwestern to Lease Up Central Loop Landmark
Transwestern Real Estate Services (TRS) was selected by Commerz Real, asset manager of German Commerzbank, to provide exclusive leasing services for The National – 125 S. Clark, a 20-story,… Read more
JV Plans to Acquire $500M of MOB and Ambulatory Assets
The leaders of a newly formed medical office building (MOB) investment platform, MedCraft Investment Partners (MIP), say they plan to… Read more
First Hospitality Names VP of Business Development
First Hospitality, a Rosemont, IL-based hotel management, acquisition, development, and consulting company, announces the appointment of Jordan Bernstein as VP of… Read more
Walgreens Divests Pharma Wholesale Business for $6.5B
Walgreens Boots Alliance, headquartered in Deerfield, IL, will sell the majority of its Alliance Healthcare wholesale businesses to AmerisourceBergen for… Read more
Avison Young Bolsters Chicago Team with JC Griffin
Avison Young hired JC Griffin as a senior broker in the firm’s downtown Chicago office. He’ll focus on executing investment management transactions and… Read more
Inland Development Tapped for Northalsted Healthcare Center
Inland National Development Company (INDC) was selected by LGBTQ healthcare organization Howard Brown Health to develop its newest healthcare center in… Read more
Invesco Adds Redmond Creative Office Asset to Portfolio
Invesco Real Estate acquired 9805 Willows, an 80,980-square-foot, creative office asset in Redmond, reportedly for nearly $35.5 million. The seller was… Read more
Kiser Advises on Lockport Apartments Sale
Kiser Group advised on the sale of Lockport South Apartments in Lockport, IL. Located at 551 Diane Ct., the 80-unit… Read more
Emeryville Site Primed for Creative Life Science Conversion
An affiliate of Chicago-based Walton Street Capital, L.L.C. and San Francisco-based SteelWave LLC acquired 1450 Sherwin Ave., a three-story, 72,000-square-foot… Read more
CTA’s Red Line Extension Advances with Federal Approval
The Chicago Transit Authority recently received approval from the Federal Transit Administration to enter the New Starts Project Development phase… Read more
3PL Provider Commits to 500K SF with Elion
Lee & Associates negotiated a long-term lease transaction for a 500,000-square-foot build to suit at 30260 Graaskamp Blvd. in Wilmington, IL.… Read more
Leasing Veteran Michael Lirtzman Joins Colliers in Chicago
Veteran leasing broker Michael Lirtzman has joined Colliers International as an EVP and principal to lead the firm’s downtown Chicago agency leasing practice. He… Read more
McHugh Completes Renovations at Four Seasons Chicago
James McHugh Construction Co., one of the country’s largest commercial contractors with a concentration in high-end hospitality, has completed the multimillion-dollar renovation… Read more
JLL Adds Healthcare Expert to Chicago Team
JLL has added Jackie Shropshire to its Chicago team. As SVP, Shropshire will represent both office and industrial clients with a focus on regional and… Read more
RealPage Acquires Bulk Internet Provider WhiteSky
RealPage, Inc., the Richardson, TX-based provider of software and data analytics to the real estate industry, has acquired WhiteSky Communications,… Read more
2021 Brings New Laws for Chicago Businesses, Real Estate
New laws that range from an increase in the motor fuels tax to an establishment of Accessory Dwelling Unit zones… Read more
Alliant Credit Union Closes on $39M Refi
Alliant Credit Union has closed on a $39-million loan to refinance a 300+ unit multifamily property located in Naperville, IL. The… Read more