Illinois
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
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