Illinois
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
MXU in Grand Blvd. Lines Up LIHTC
The Habitat Company has cleared a key hurdle in financing the first phase of 43 Green, a $35-million mixed-income, mixed-use… Read more
1 North Dearborn Wins Regional TOBY from BOMA
Beacon Capital Partners and MB Real Estate (MBRE) said their 1 North Dearborn office tower won the regional competition for The Outstanding… Read more
Industrial Sales Hold Steady in Chicago
Industrial investment sales continued at a steady pace in the Chicago region during the first quarter, despite market shifts late… Read more
Packaging Supplier Renews Romeoville Commitment
NKF advised Flint Group in its 31,000-square-foot lease renewal at 1225 Lakeside Dr., an industrial asset in Romeoville, IL. The… Read more
Kiser Group Cites an Active But Changed Brokerage Environment Amid Pandemic
From listing to marketing, to showings to escrows to closing, Chicago multifamily brokerage is different than it was in early… Read more
North Side Alderman Introduces Rent-Relief Legislation
Ald. Matt Martin, who represents the 47th Ward on the North Side, has introduced an ordinance to the City Council… Read more
Tire Supplier Re-Ups on 234K-SF Warehouse Lease
American Tire Distributors Inc. (ATD) has extended its 233,669-square-foot lease at ML Realty Partners’ 9450 Sergo Dr. in McCook, IL.… Read more
Chicago Suburban Office Has History of Stability On Its Side
As with many office markets across the U.S., the suburbs of Chicago are largely on pause due to COVID-19. However,… Read more
Where the Hotspots Are for Economic Fallout
The fallout from the shutdowns mandated by the coronavirus pandemic will affect every major metro area in the country, but… Read more
Downtown Office Outlook a Question Mark for Now
Despite reaching a five-year high in vacancies, Downtown Chicago’s office market is best described as “healthy.” How healthy it remains,… Read more
Midtown Capital Makes First Chicago-Area Industrial Deal
Midtown Capital Partners LLC, based in Miami, has acquired an industrial building at 2300 Pratt Blvd. in Elk Grove Village,… Read more
Midwestern Governors Pledge Joint Effort to Reopen Region’s Economy
Illinois Gov. JB Pritzker and his counterparts in Michigan, Ohio, Wisconsin, Minnesota, Indiana and Kentucky said Thursday that they’ll work… Read more
Lightfoot Sees Flattening Curve in Pandemic Cases
New data suggest that social distancing and the state’s stay-at-home order may be working to flatten the COVID-19 curve in… Read more
Kenwood Apartments Trade to Buyer with Long-Term Vision
Interra Realty brokered the sale of 4119 S. Ellis Ave., a 23-unit apartment building in the South Side’s Kenwood neighborhood, for… Read more
Sonova Signs with Stanton Road in Aurora
Colliers International | Chicago’s Sven Sykes, Tom Volini and Brent Jacob represented Sonova in its new 63,647-square-foot lease at Stanton Road… Read more
MJ Zaring Joins Newcastle as VP of Asset Management
MJ Zaring has joined Newcastle Limited as VP of asset management. In her new position, Zaring will be part of Chicago-based… Read more