Illinois
TTX Lists West Loop HQ, Joining Downtown Parade of Sublessors
Chicago-based railcar company TTX is looking to sublease its 103,000-square-foot West Loop headquarters at 101 N. Wacker Dr., Crain’s Chicago Business reported.… Read more
InSite Lines Up Financing on 1M-SF BTS in Michigan
Associated Bank completed financing on behalf of InSite Real Estate LLC for the land acquisition and construction of an industrial… Read more
Essex Brokers Deal for Value-Add Apartments in Pilsen
Essex Realty Group arranged the sale of 639 W. 18th St., a seven-unit mixed-use property in the Pilsen neighborhood on Chicago’s West Side.… Read more
Novel Coworking Converts Open Space to Private Offices
Mosaic Construction, LLC completed an office renovation project for Novel Coworking at 73 W. Monroe St. in the Loop. This latest project follows another… Read more
RealPage to Be Acquired by Thoma Bravo for $10B
Real estate software and data analytics firm RealPage, Inc. has agreed to be acquired by Thoma Bravo, a leading private… Read more
Packaging Firm Signs for Regional Office in Arlington Hts.
An 18,595-square-foot office lease has been signed at 3930 Ventura Blvd., a 57,000-square-foot single-story office building in Arlington Heights, IL.… Read more
South Side’s Pierini Iron Works Sells on Third Listing
The Pierini Iron Works Building located at 6200 S Sayre Ave. in Chicago sold to an unnamed purchaser for an undisclosed amount.… Read more
AIA Trades Properties Across Multiple Neighborhoods
Apartment Investment Advisers recently sold several apartment buildings in the South Shore, Washington Park, and Auburn Gresham neighborhoods on Chicago’s… Read more
Obama Center Groundbreaking Slated for 2021 as Federal Review Concludes
A federal review into the historic effects of former President Barack Obama’s proposed presidential center in Jackson Park has officially… Read more
Cabot Properties Divests from Nationwide Industrial Portfolio for $875M
Boston-based international private equity real estate investment firm Cabot Properties has divested from Cabot Industrial Core Fund L.P., a 27-property… Read more
Apartments Coming to Former Sears Sites at Two Iconic Chicagoland Malls
Dallas-based Centennial has partnered with Focus and Atlantic Residential to add apartments to the mix in its redevelopment of two of Chicagoland’s signature… Read more
JLL Capital Markets Establishes Presence in Salt Lake City
JLL Capital Markets established a presence in Salt Lake City with the addition of Phil Brierley a Senior Director. He… Read more
Miller-Gomes Team Closes Motel 6 Sale
Marcus & Millichap closed the sale of Motel 6 Chicago North Central, a 145-room hospitality property in Arlington Heights, IL, nine miles… Read more
Habitat Tapped for Condo Management in Bronzeville, South Loop
The Habitat Company has been awarded property management of two Chicago condominium buildings – 899 South Plymouth Court and South Commons Phase… Read more
PGIM RE Provides $82M Refi on Uptown Redevelopment
PGIM Real Estate has provided an $81.7 million Fannie Mae loan to CEDARst Companies for the refinancing of The Draper, a… Read more
Northwestern Medicine, Palos Health Set for Jan. 1 Merger
Palos Health and Northwestern Medicine are set to finalize their merger agreement, which the two Chicago-area hospital systems reached earlier… Read more
Near West Side Apartments Land $38M Construction Loan
Associated Bank completed a $37,800,000 construction loan to Marquette Companies and Kayne Anderson Real Estate for the renovation of an… Read more
Anti-Deconversion Ordinances Proposed for 606, Pilsen
The Lightfoot administration on Wednesday introduced two anti-deconversion ordinances, one for Pilsen on Chicago’s West Side and one for the… Read more
Weiss Properties Plans Revamp of Former CF Headquarters
Weiss Properties is advancing plans on its multimillion-dollar redevelopment of 1 Salem Lake Dr. in Long Grove, IL, recently renamed The… Read more