Illinois
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
ASC Arranges Acquisition Loan on Marquette Park Apartments
American Street Capital (ASC) secured a $4.95-million permanent acquisition loan for an 85-unit multifamily building in Marquette Park. The loan… Read more
Proper Title Hires Industry Veteran Bales Out of Retirement
Proper Title, LLC has hired Richard (Dick) Bales as senior underwriting consultant and counsel. A longtime authority on title insurance, Bales will provide… Read more
U.S. Industrial Demand Holds Up Through Pandemic
Despite market uncertainty around the global pandemic, industrial demand remains strong, Cushman & Wakefield reports. U.S. vacancy ticked up by… Read more
Chicago Fed Reports Uptick in Business Activity
The Chicago Federal Reserve’s Survey of Business Conditions (CFSBC) Activity Index increased to +3 in June from –32 in May,… Read more
Chicago Marathon Won’t Be Run This Year
The Chicago Marathon, scheduled for Oct. 11, has been canceled for only the second time in the annual event’s 43-year… Read more
Clune Construction Promotes 5 to VP in Chicago
Clune Construction has promoted five team members in its Chicago office to VP. Among them, they have 114 years’ construction experience.… Read more
Q&A with Evergreen’s Steve Rappin on Managing a Multifamily Portfolio in a Pandemic
By Paul Bubny For Chicago-based Evergreen Real Estate Group, the onset of the COVID-19 pandemic meant rapid adjustment to an… Read more
Shutdown Hits Some Chicago CRE Sectors Harder Than Others
A regional roll call of Chicago’s commercial real estate sectors finds all feeling the impact of the economic shutdown amid… Read more
JVM Makes First St. Louis Acquisition
JVM Realty Corp. recently acquired Ceylon Apartments, a boutique, luxury multifamily property in the St. Louis suburb of Clayton, MO, for… Read more
W&D Arranges Financing on Senior Care Facilities in IL, KY
Walker & Dunlop recently structured $10,744,000 in financing for Landmark of Laurel Creek, a 106-bed skilled nursing facility in Manchester, KY, and $14,645,900 in financing for The Vistas… Read more
McShane Launches Retirement Community Build in Algonquin
McShane Construction Company has launched the construction of a new senior living development, known as The Oaks at Algonquin. The… Read more
J.C. Anderson Completes Loop Build for OppLoans
J.C. Anderson completed a 23,000-square-foot office renovation project for OppLoans at 130 E. Randolph St. in the Loop. The new… Read more
Offices Leased to State Agency Trade on Southwest Side
Marcus & Millichap arranged the sale of a single-tenant office building on Chicago’s Southwest Side leased to the Illinois Department… Read more