Illinois
Jeff Schroeder Joins Clayco’s CRG Team
Jeff Schroeder has joined CRG, the real estate development and investment arm of Chicago-based Clayco, as VP of investment and asset management.… Read more
New Lease Brings O’Hare Facility to Full Occupancy
Avison Young negotiated a 27,523-square-foot industrial lease in the O’Hare industrial submarket. The recently constructed, class A building at 845 N.… Read more
FedEx Acquires E-Commerce Platform ShopRunner
FedEx Corp. has agreed to acquire Chicago-based e-commerce platform ShopRunner for an undisclosed amount. Headquartered in River North, ShopRunner will… Read more
Multifamily Asset Lists in West Side O-Zone
3432-40 W. Franklin Blvd. has been listed for sale by Kiser Group. The 46-unit multifamily property is located in the… Read more
RREEF’s DWS Group Grabs PHX MF for $123M
An entity tracing to Chicago-based RREEF Property Trust’s DWS Group acquired Maxwell on 66th in Phoenix from an affiliate of… Read more
SIOR Chicago Makes Record Showing with Trunk Scholarship Support
Member of the SIOR Chicago Chapter have donated to the Ada S. McKinley College-Bound Trunk Scholarship program in record numbers this year,… Read more
RFI Response Moves Chicago Casino Closer to Fruition
The Lightfoot administration on Wednesday released a detailed summary of the 11 responses to the City of Chicago’s Request for Information for… Read more
Oakbrook Terrace MOB Trades in Quick Sale
Marcus & Millichap finalized the sale of The Gallery Medical/Professional Building, a 29,983-square-foot office property in Oakbrook Terrace, IL. The asset sold for $3,730,000.… Read more
Chicago Industrial Proves Resilient Amid Pandemic
Greater Chicago’s industrial sector exhibited resilience in the wake of the pandemic during the third quarter, Savills reported. “Tenant demand… Read more
Maverick Closes Loans on North Side Portfolio
Maverick Commercial Mortgage’s Matthew Cohen recently closed two Fannie Mae loans in the amounts of $3,355,000 and $1,870,000 for a… Read more
J.C. Anderson Completes Spec Suite Buildout at CBOT Building
J.C. Anderson recently completed a 21,000-square-foot spec suite buildout for Glenstar at the landmark Chicago Board of Trade building, 141… Read more
ShainRealty Buys in East Garfield Park
A 96-unit apartment complex at 3147 W Madison in East Garfield Park on Chicago’s West Side has traded to ShainRealty… Read more
Bridge Acquires Site for Skokie Development
Bridge Development Partners acquired 7800 Austin Ave. in Skokie as the future site of Bridge Point Skokie, a 171-746-square foot… Read more
INVEST South/West Expands with Four More RFPs
Chicago’s Department of Planning and Development (DPD) on Monday issued requests for proposals for four new neighborhoods in the city’s… Read more
Deadline for Thompson Center Sale Moved Back to 2022
The state of Illinois’ plan to find a buyer for the James R. Thompson Center in the Loop by year’s… Read more
AIA Brokers Multiple Sales on North, West Sides
Apartment Investment Advisers (AIA) recently sold multiple apartment buildings on Chicago’s North and West Sides, including two properties in Logan… Read more
Ziegler Lines Up Financing for Retirement Community’s Expansion
Ziegler, a Chicago-based boutique investment bank, arranged $77,065,000 of Series 2020 Bonds for Presbyterian Village North (PVN), operator of a… Read more
Bronzeville’s Investment Sales Streak Continues
Interra Realty recently brokered the $1.07-million sale of 4040 S. Prairie Ave., an eight-unit apartment building in Bronzeville on Chicago’s South Side.… Read more
Schaumburg CVS Sells to DST Buyer
JLL Capital Markets recently closed the $5.1-million sale of a 13,180-square-foot, single-tenant retail building ground leased to CVS Pharmacy in Schaumburg,… Read more