Illinois
Orland Park Walgreens Trades to West Coast Buyer
The Boulder Group recently completed the sale of a single-tenant net-leased Walgreens property in Orland Park, IL to a West Coast-based… Read more
Avison Young Hires Chief Information Officer
Avison Young announced today the hiring of technology leader Mike Hart as principal and chief information officer. Hart will be based in the firm’s Chicago… Read more
Demand Exceeds Supply in Chicago’s Spec Industrial
Chicagoland’s industrial market saw another 18 speculative construction projects totaling 4.2 million square feet delivered during the third quarter, bringing… Read more
Optima Launches First Lakeview Project
Optima, Inc. has begun construction on Optima Lakeview, a seven-story transit-oriented development in the North Side’s Lakeview neighborhood. Located at 3460… Read more
VOA Illinois Cuts Ribbon on Englewood Affordable
Mayor Lori E. Lightfoot and other city officials joined Volunteers of America (VOA) Illinois for a formal ribbon-cutting for Hope… Read more
New York Investors Buying Baldwin Hills Crenshaw Plaza
New York-based LIVWRK and DFH Partners were selected by Chicago-based Capri Urban Investors to acquire the 40-acre Baldwin Hills Crenshaw… Read more
Chicago’s Morton Salt Trades in $3.2B Deal
Stone Canyon Industries Holdings (SCIH) has entered into an agreement to acquire K+S Aktiengesellschaft’s Americas salt business, including Chicago-based Morton… Read more
WPC Closes $40M Sale-Leaseback
W. P. Carey Inc. (WPC) closed a $40-million sale-leaseback of a 622,000-square-foot light manufacturing facility in Huntley, IL, near O’Hare International Airport.… Read more
Evergreen Wins Plaudits for Library/Senior Housing Projects
Two co-located library and senior housing developments Evergreen Real Estate Group completed last year on Chicago’s North Side have won… Read more
RMK Adds to South Loop Management Portfolio
RMK Management Corp. was selected to oversee property management for Wells Place Luxury Apartments, an 84-unit boutique luxury apartment building that… Read more
Beaumont, Advocate Aurora Scrap Merger Talks
Five months after signing a non-binding letter of intent, Advocate Aurora Health and Beaumont Health have mutually agreed to end… Read more
Inland Markets Sports-Plex in Dolton
Inland Real Estate Commercial Brokerage is marketing a 4.2-acre sports-plex property in Dolton, IL. Located at 15030 Dante Ave., near the… Read more
TradeLane Acquires West Side Industrial
TradeLane Properties has added 4444 W. Ferdinand St. in the West Side’s West Garfield Park neighborhood to its Chicago focused… Read more
AIA Arranges Fourth Edgewater Deal for Fairchild
Apartment Investment Advisers (AIA) arranged the sale of a 42-unit corridor style apartment building located at 5710 N. Winthrop, in the North… Read more
MBRE Healthcare Team Launches Standalone Company
The MBRE Healthcare team separated Thursday from MB Real Estate Services, to launch a newly formed independent company, Remedy Medical Properties, Inc.… Read more
Principle Wraps Build of Spec Batavia Warehouse
Principle Construction Corp. completed a speculative warehouse construction project for Midwest Industrial Funds at 1100 N. Raddant Rd. in Batavia, IL. The… Read more
Avondale Multifamily Garners $3M
Interra Realty arranged the $2.9-million sale of 3124-28 N. Kimball Ave., a 16-unit building in the Avondale neighborhood on Chicago’s Northwest… Read more
Mixed-Income Apartments Open in Bronzeville
The Michaels Organization and Brinshore Development joined city officials Thursday to formally open the 4400 Grove apartment complex in the… Read more
Logistics Provider Relocates to Romeoville
Colliers International | Chicago’s Mike Morgan, Brian Netzky and Jim Herbst represented King Solutions in its 138,000-square-foot warehouse lease at 200… Read more