Illinois
CoreSite Opens Second Downtown Data Center
Denver-based CoreSite Realty Corporation has opened Phase 1 of CH2, its new ground-up data center development at 550 W. 14th… Read more
Phase 3 of Chicago Reopening Will Proceed as Planned
Chicago’s plans to enter the third phase of its reopening plan on Wednesday will proceed as scheduled, Mayor Lori Lightfoot… Read more
Loop Alliance Focuses on Clean-Up After Riots
As protests downtown turned violent and millions of dollars in property damage was done over the weekend, Mayor Lori Lightfoot… Read more
Brennan Brings Industrial Tenant Out of Chicago
Brennan Investment Group leased 30,550-square feet at 3838 River Rd. in Schiller Park, IL to MidAmerican Printing Systems, Inc. MidAmerican… Read more
Pritzker Issues Disaster Proclamation for Nine IL Counties
Gov. JB Pritzker on Monday issued a disaster proclamation for nine Illinois counties, after Chicago and several other communities requested… Read more
Downstate MOB Trades to Private Equity Firm for $10M
Marcus & Millichap recently closed the sale of a fully leased, 65,900-square-foot medical office building at 707 N. Logan Ave.… Read more
Chicago to Shut Down Some Streets to Expand Outdoor Dining
Although looting during the weekend’s protests against the death of George Floyd could delay Chicago’s planned June 3 reopening, the… Read more
Marcus & Millichap Makes Fast Sale of Brownsville CVS
Marcus & Millichap recently closed on the sale of a 13,190-square foot net-leased CVS drugstore in Brownsville. The property sold for $7,332,246.… Read more
Chicago Businesses Will Start Reopening June 3
Chicago is on track to transition to phase three of the Lightfoot administration’s framework for restarting the city’s economy and… Read more
Cresco Labs Opens First Chicago Dispensary
Locally-based Cresco Labs has opened Sunnyside River North, which the company says is the first adult-use cannabis dispensary in Chicago under… Read more
Goldie Initiative Graduates 15 in Virtual Commencement
The Goldie Initiative recently celebrated commencement for 15 Goldie Scholars completing graduate school at regional universities this spring, with a virtual luncheon attended by… Read more
Parkside’s Fulton East Project Incorporates Safety and Wellness Firsts
Parkside Realty’s Fulton East, a 12-story, 90,000-square-foot office and retail building in the Fulton Market District, is reportedly the nation’s first next-generation office building… Read more
Interra Closes Off-Market Deal in South Shore
Interra Realty brokered the $1.48-million off-market sale of 7526 S. Colfax Ave., a 24-unit courtyard apartment building in South Shore.… Read more
Lightfoot Issues Reopening Guidelines for CRE, Other Sectors
As Chicago prepares to transition to the “cautiously reopen” third phase of its plan to restart the city’s economy, the… Read more
JVM Realty’s Broker-Dealer Arm Names President
Holly Onachilla has been appointed president of JVM Securities, LLC, the captive broker-dealer and distributor for Oak Brook, IL-based JVM Realty… Read more
Data Center Tech Firm Expands to Arizona’s SkySong
Price, Utah-based IE Corporation (IE) signed a lease for a 2,336-square-foot office space in SkySong 2 in Scottsdale. The space… Read more
W&D Arranges Financing on SNF, Supportive Living in IL, MI
Walker & Dunlop said Tuesday it had structured a total of $37 million in permanent financing for skilled nursing and supportive… Read more
Avison Team Arranges Midtown Space for Cozen O’Connor
Avison Young arranged a 10-year, 7,100-square-foot lease at SL Green Realty Corp.’s 100 Park Ave. for Cozen O’Connor. The law… Read more
CBRE Closes Edgewater Deconversion Sale
CBRE recently completed the condominium deconversion sale of Shore Manor, a 90-unit condo property at 5858 N. Sheridan in the… Read more