Illinois
City of Chicago to Rent Out Hotel Rooms for COVID-19 Patients
With a view toward easing the strain on hospitals, as well as helping to slow the spread of the coronavirus,… Read more
Marcus & Millichap’s Weinstock to Lead Self-Storage Platform
Steven D. Weinstock has been named national director of Marcus & Millichap’s Self Storage Division. The division provides commercial real… Read more
Midwest Industrial Signs Equipment Maker to HQ Lease
Midwest Industrial Funds recently completed a long-term lease with Skyjack Equipment for 102,467 square feet at 2525 Enterprise Cir., West… Read more
Nonprofit Expands to 61K SF in Central Loop Relocation
Feeding America is relocating its headquarters to 61,324 square feet at 161 N. Clark in Chicago’s Central Loop. The relocation… Read more
Houston-Area Dine-In Theatre Chain Trades to CMX
Miami-based CMX Cinemas, a wholly-owned subsidiary of Mexico-based Cinemex, said it would acquire Star Cinema Grill, an upscale dine-in movie theatre… Read more
SIOR Recognizes Top Deals, Dealmakers of 2019
The Society of Industrial and Office Realtors (SIOR) announced its Top Transactions Award Winners of 2019. The Washington, D.C.-based group… Read more
Investor Interest Turns the Midwest into a Multifamily Hot Spot
By Paul Bubny Few regions of the U.S. have seen quite the uptick of investor interest that the Midwest has… Read more
COVID-19 Restrictions Mean 63% Drop in Loop Footfalls
Pedestrian traffic in the Loop declined by 63% between March 10 and March 17, and by 42% year-over-year during St.… Read more
Coworking Company Convene Closes Boston Location Amid COVID-19 Outbreak
Coworking company Convene has closed its location in downtown Boston in response to the ongoing outbreak of COVID-19. The New… Read more
Ventas Withdraws 2020 Guidance in View of COVID-19
Ventas Inc. said Tuesday it was withdrawing its 2020 guidance while carefully monitoring the impact of the COVID-19 pandemic, and… Read more
Savanna’s Boutique Tower Signs CA Ventures as First Tenant
Savanna’s 106 W. 56th St. boutique office tower, The Six, is getting off to a big start with a small… Read more
Sears Parent Offloads Last-Mile Business to Costco for $1B
Costco has acquired Innovel Solutions, the middle-mile and final-mile delivery and installation business owned by Sears parent Transform Holdco (TFCO),… Read more
Construction on $250M Navistar Facility Delayed Amid COVID-19 Concerns
Navistar International Corp. pushed back the groundbreaking for its planned $250-million truck assembly facility in south San Antonio, due to… Read more
Pritzker Applies for SBA Disaster Assistance Program
Following his issuance of a disaster proclamation, Illinois Gov. JB Pritzker said Tuesday his administration would file for statewide eligibility… Read more
JLL Lines Up Debt and Equity for Evanston Seniors Project
JLL Capital Markets arranged construction debt and joint venture equity for the development of Trulee Evanston, a 163-unit luxury seniors housing property… Read more
Pritzker Limits Gatherings to 50 as COVID-19 Cases Increase
Illinois Gov. J.B. Pritzker on Monday ordered that the size of all gatherings statewide be limited to no more than… Read more
Convene Shutters All Locations Through March 31
Flexible-office and meeting-space provider Convene has temporarily closed all locations across Manhattan and five other cities in response to the… Read more
Fern Hill Plans Boutique Hotel Along Motor Row
A venture led by Nick Anderson, formerly of Related Midwest, paid nearly $6.3 million last month for a property at… Read more
Pritzker Orders IL Bars, Restaurants Closed to Dine-In Customers
Illinois Gov. JB Pritzker on Sunday ordered all bars and restaurants statewide to close for two weeks as of the… Read more