Illinois
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
Hightower Acquires Wealth Management Firm Bel Air
Chicago-based Hightower has acquired Bel Air Investment Advisors LLC from Fiera Capital Corporation for an undisclosed sum. The deal for Bel Air, with US$8 billion in… Read more
Kiser Group Lists South Humboldt Park Rentals
3432-40 W. Franklin Blvd. was recently listed for sale by Kiser Group. The 46-unit multifamily property is located in the… Read more
Chicago Office Landlords Prepare for Recovery with Capital Improvements Drive
Chicago’s office landlords don’t know what tenant demand will look like on the other side of the pandemic. However, Crain’s… Read more
Newly-Built Industrial Trades in O’Hare Submarket
Colliers International Chicago’s Capital Markets team of Jeff Devine and Steve Disse worked with colleague Tom Rodeno to represent Clarius… Read more
Ice Rink Goes Up for Sale in West Loop
The owner of Johnny’s IceHouse East at 1350 W. Madison St. in the West Loop has put the property up… Read more
Ranch Townhomes Fetch $19M in Naperville
CBRE arranged the sale of Ashwood Place Apartments, a 60-unit ranch townhome community at 4209 Pond Willow Rd. in Naperville,… Read more
Protein Bar Maker Expands in Relocation to Lawndale
Protein bar manufacturer Element Bars has leased a 50,000-square-foot production and warehouse space at 1140 S. Washtenaw Ave. on the… Read more
Walker & Dunlop Adds Property Sales Team for Chicago Region
Walker & Dunlop has bolstered its Chicago operations with the hiring of a property sales team, establishing multifamily ales capabilities… Read more