Illinois
DHL Express Opens First Chicago Store
DHL Express recently opened its first DHL fully-branded, company-owned retail shipping store in Chicago. The second fully branded store to… Read more
Illinois Awards Tax Credits for 21 Affordable Projects
The Illinois Housing Development Authority (IHDA) Board announced conditional awards totaling more than $26 million in federal Low-Income Housing Tax… Read more
Sharko/Weisenbeck Team Closes Deal for Hoffman Estates Retail
Marcus & Millichap finalized the sale of Huntington Plaza, a 33,687-square foot retail property in Hoffman Estates, IL. The shopping center… Read more
Are Large Financing Transactions Back?
By Paul Bubny Last month, SL Green Realty Corp. closed on a $510-million mortgage financing that was secured by 220… Read more
Smart Building Platform Cohesion Raises $6.5M in Seed Round
Cohesion, an early-stage smart building SaaS company headquartered in Chicago, raised $6.5 million in seed funding to further invest in… Read more
First Industrial Garners $200M Refi
First Industrial Realty Trust entered into a new unsecured term loan facility that refinances its $200-million unsecured term loan facility previously scheduled… Read more
HSA, Clarion Sign 3PL Tenant to 382K SF
Chicago-based HSA Commercial Real Estate and New York-based Clarion Partners LLC signed a 381,874-square-foot, long-term lease with Kenco Logistics Services at the Heartland Corporate… Read more
Metra Will Launch Long-Planned Station in Edgewater
The Metra board of directors approved a $15.2-million contract for Orland Park, IL-based John Burns Construction Company to build a… Read more
Walker & Dunlop Structures $52M Debt on Manufactured Housing
Walker & Dunlop structured $51,723,000 in Freddie Mac financing for three manufactured housing communities in suburban Chicago. The portfolio consists of three all-age… Read more
JLL Partners with SGS to Verify Clients’ Office Cleanliness
JLL said Wednesday it’s collaborating with SGS, a leading inspection, verification, testing and certification company, to help building owners and… Read morePritzker Spells Out Mitigation Strategy for COVID Upticks
With coronavirus cases starting to tick back upward in some parts of Illinois, Gov. JB Pritzker on Wednesday laid out… Read more
Allianz, Manulife Tap Transwestern for West Loop Assignment
Transwestern Real Estate Services was selected by Allianz Real Estate and Manulife Investment Management to provide leasing services for 191 N.… Read more
Meridian Design Build Finalizes BTS for Manufacturer
Meridian Design Build recently completed construction on a 100,560 SF build-to-suit on a 6.79- acre site within Abbott Land &… Read more
Transwestern Development Adds Ted Staszak to Logistics Group
Transwestern Development Company (TDC) expanded its National Logistics Group, adding Chicago-based Ted Staszak. In his role as VP of development, Staszak… Read more
Ryan Announces Name, Development Partners for St. Paul Ford Site
Ryan Companies on Tuesday announced the new name of its $1.3-billion redevelopment of the 122-acre former Ford site in St. Paul, MN: Highland… Read more
Mid-Market Apartment Metrics Remain Chicago Strong
Chicago’s mid-market apartment metrics remain strong amid the overhang of the COVID-19 pandemic and the gradual reopening, the Kiser Group… Read more
SC Johnson Leases 400K-SF Warehouse in Pullman
SC Johnson has leased a new 400,000-square-foot building in the Pullman Crossings industrial park for its Methods cleaning products brand,… Read more
IT Tenant Embraces Work-from-Home Model in Move to Concourse Chicago
A new lease at Berger Asset Management’s Concourse Chicago demonstrates how businesses may alter their space considerations and leasing strategies… Read more
New York & Company Parent Files for Chapter 11
RTW Retailwinds, the parent company of the New York & Company, Fashion to Figure and Happy x Nature retail brands,… Read more