Illinois
Pegasus Completes Three Chicago Region Retail Property Deals
Pegasus has completed three recent retail property transactions across the Chicago metropolitan area valued at nearly $8 million, spanning multi-tenant… Read more
Cava Restaurant Expands Chicagoland Footprint
Cava Group Inc. is opening more suburban Chicago locations after signing new leases in Buffalo Grove and Bolingbrook. CBRE announced… Read more
Essex Three-Twelve Closes Lincoln Park Multifamily Sale
Essex Three-Twelve, LLC completed the sale of 2525 North Orchard Street, a six-unit multifamily property located in Lincoln Park. Essex… Read more
Interra Realty Brokers Sale of Albany Park Multifamily Properties
Interra Realty brokered the sale of two multifamily properties in Chicago. The 24-unit 4954 N. Christiana Ave. in the Albany… Read more
Kiser Brokers Sale of Colorado Skilled Nursing Facility for $13M
Mark Myers of Kiser Group has successfully brokered the sale of Forest Ridge, a 95%-occupied skilled nursing facility located in… Read more
Huntington Construction Expands Operations to Ohio
Huntington Construction, a Michigan-based full-service commercial construction company, is expanding operations to Ohio, including the Cleveland, Cincinnati, Columbus, Dayton and… Read more
Marcus & Millichap Arranges Sale of $16M Chicago Mixed-Use Property
Marcus & Millichap brokered the sale of a mixed-use property including 22 multifamily units and five commercial suites in Chicago,… Read more
BMO to Sell 138 Branches in the U.S., Open 150 More
BMO has entered into a definitive agreement to sell 138 BMO branches to First-Citizens Bank & Trust Company. The branches… Read more
Lincoln Property Company JV to Build First B-T-R Development in Naperville
Peakline Real Estate Funds, a private real estate investment firm, announced the closing of The Claire, a build-to-rent townhouse community… Read more
Target-Anchored Retail Center in Suburban Chicago Trades Hands
JLL has secured the sale of Hillside Town Center, a 160,330-square-foot open-air retail center located in Hillside, Illinois, within the… Read more
Eisenberg Foundation Announces Annual Gala, Targets Fundraising Goal
The Harold E. Eisenberg Foundation will host its annual dinner gala on November 6 to raise money for gastrointestinal cancer… Read more
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