Illinois
BWE Secures $34M to Finance Build-to-Rent Homes in Milwaukee
BWE has secured $33.57 million in permanent financing for Heyday Oak Creek, a 130-home, market-rate, build-to-rent community in Oak Creek,… Read more
Albion Residential Breaks Ground on St. Louis Apartment Complex
Chicago-based Albion Residential, along with partners Koplar Properties and Theis Group, announced the groundbreaking of Magnolia Ridge in Des Peres,… Read more
Cushman & Wakefield Brokers Sale of Retail Plaza in Springfield
Cushman & Wakefield facilitated the sale of White Oaks Plaza, an expansive 320,933 square foot regional retail center in Springfield,… Read more
SFR Operating Margins Challenged by Slowing Rent Growth
Slowing rent growth due to oversupply and softening demand are weighing on single-family rental (SFR) operating margins and smaller landlords… Read more
Downtown Chicago Office Vacancy Stabilizes, Leasing Momentum Continues
Direct vacancies remained flat in Chicago’s downtown office market from the previous quarter, and absorption rebounded considerably, suggesting the CBD… Read more
Stellantis to Reopen Illinois Plant for Jeep Production
Global automaker Stellantis announced plans to invest $13 billion over the next four years to grow its business in the… Read more
BlackRock-Led Consortium to Acquire Aligned Data Centers
A BlackRock-led consortium known as the Artificial Intelligence Infrastructure Partnership (AIP) said Wednesday it would acquire 100% of the equity… Read more
Greenstone Partners Sells Two Turnkey Multifamily Assets in Chicago
Greenstone Partners sold 1343 North Western and 1045 North California, two newer construction, turnkey multifamily investment properties located in Chicago’s… Read more
Pegasus Advises on $11M Disposition of Chicago Multifamily Portfolio
Pegasus, a national commercial real estate advisory firm, announced the disposition of an eight-building, 94-unit multifamily portfolio in Chicago’s Rogers… Read more
Essex Realty Completes $9M Multifamily Sale Near Loyola University
Essex Realty Group arranged the $9.3 million sale of a 40-unit apartment building located at 6565-6589 N. Lakewood Avenue, in… Read more
Harrison Street, Morningstar Acquire 21-Property Self Storage Portfolio
Harrison Street Asset Management has acquired a 21-property self storage portfolio totaling 1.3 million net rentable square feet and over… Read more
DarwinPW Represents Owner in Elmhurst Industrial Building Lease Deal
DarwinPW Realty/CORFAC International announced that Vice President Dan Prendergast and Managing Broker George Cibula represented building owner 3 Flatt LLC… Read more
Newmark Tapped to Sell Jewel-Osco-Anchored Retail Center in IL
Newmark has been exclusively retained to sell Randhurst Village, a 931,798-square-foot open-air retail power center on a 94-acre site in… Read more
Tishman Speyer Secures Extension, Expansion at CME Center
Tishman Speyer announced that Arrive Logistics will expand its footprint to 77,666 square feet at CME Center, its two-tower office… Read more
More than Games: Stadium “Lifestyle” Districts are Gaining Momentum
During the early 20th century, ballparks hosting professional baseball teams were found in walkable neighborhoods that were close to residents… Read more
Chicago/Midwest People & Company News, week of October 10, 2025
Essex Realty Group is expanding its South Side brokerage team with the addition of Director Jesus Garcia. Garcia joins the… Read more
CBRE Arranges Lease with Consulate of Bulgaria on Michigan Avenue
CBRE has arranged a new 4,083-square-foot lease at 737 North Michigan Ave. with the Consulate of Bulgaria. The new space… Read more
U.S. Apartment Rent Growth Turns Negative for September
U.S. multifamily advertised rents fell $6 to an average of $1,750 in September in the worst one-month drop since November… Read more