Illinois
Chicago Landlords, Lenders Take Solidarity Pledge
Chicago’s leading housing lenders and landlord associations, including the Chicagoland Apartment Association, have signed onto the Chicago Housing Solidarity Pledge,… Read more
WPC Breaks Ground on Silver Spring’s Tallest Tower
Washington Property Company (WPC) has broken ground for Solaire 8200 Dixon, a 403-unit, 26-story apartment tower in the heart of… Read more
Boston-Based MLL Buys Ravenswood MOB
Boston-based MLL Capital revealed itself as the previously undisclosed buyer of 1945 West Wilson in the North Side’s Ravenswood neighborhood,… Read more
Cawley Closes Warehouse Sale in Brighton Park
Cawley Chicago recently closed on the sale of a 30,000-square-foot, rail-served industrial facility located on 10.5 acres of land in… Read more
Co-working Provider MakeOffices Names New CEO
Jeffrey V. Langdon has been named CEO of Arlington, VA-based MakeOffices, succeeding Zach Wade. He will continue the evolution of… Read more
TOD Apartments Up for Sale in Downers Grove
East Village Apartments, located at 717 Rogers Ave. in Downers Grove, IL, has been listed for sale by Kiser Group.… Read more
Bellwether, BMO Harris Ink $46M Deal to Preserve Affordable in Elmhurst
Bellwether Enterprise Real Estate Capital LLC , its parent company Enterprise Community Investment Inc. and BMO Harris Bank, in conjunction with joint venture… Read more
Skender Completes Buildout at Mondelēz HQ
Skender, serving as general contractor, recently completed interior construction of the 90,000-square-foot headquarters of snack manufacturer Mondelēz International. Mondelēz is… Read more
Deal for Fulton Market Assemblage Closes Amid COVID-19
@properties Commercial completed the $19-million sale of a nearly 20,000-square-foot land assemblage in the Fulton Market District to a partnership… Read more
Near-Term Outlook is Mixed for Chicago Industrial
Chicago’s industrial market set another record during the first quarter of 2020, Colliers International reported. The market saw 14.6 million… Read more
HSA Sells MOBs in Chicago, Suburbs, WI
HSA PrimeCare finalized the sale of four medical office buildings in Illinois and Wisconsin totaling 107,828 square feet to Irvine, CA-based… Read more
Chicago Enacts Electrical Vehicle Ordinance for New Construction
The Chicago City Council passed an ordinance mandating Electric Vehicle Supply Equipment (EVSE) readiness on new-construction multifamily and commercial properties.… Read more
Conor Launches BTS for E-Commerce Giant
Conor Commercial Real Estate has launched development of a build-to-suit distribution facility for one of the world’s largest e-commerce retailers. Published… Read more
Q&A with Skender’s Jeff Janicek on Hospitals’ Rapid Response
Across Chicago and the metro area, the onset of the COVID-19 pandemic created a new urgency for hospitals to prepare.… Read more
Panera Bread in Joliet Trades in 1031 Exchange
Marcus & Millichap finalized the sale of a 5,077-square-foot Panera Bread in Joliet, IL. The retail property sold for $4,325,000. Austin Weisenbeck and… Read more
1031 Buyer Snags Oak Park Apartments
Interra Realty brokered the $1.45-million sale of 426 Wesley Ave., an 11-unit apartment building in Oak Park, IL, a western suburb… Read more
Murphy Development Joins Team on Skokie Resi
8000 North LLC formed a partnership with Murphy Development Group, a division of Murphy Real Estate Services, for the ownership… Read more
Del Monte Inks 10-Year Renewal at Calumet Business Center
NAI Hiffman arranged a 10-year lease renewal for Del Monte Fresh Produce at 9860-80 S. Dorchester Ave., a 48,000-square-foot warehouse… Read more
Carr Properties’ Paul Stromberg Joins Marcus Partners
Boston-based Marcus Partners has recruited Paul Stromberg to help lead an expansion in the Washington, D.C. metro area. As SVP of asset… Read more