Illinois
JLL Rolls Out Pre-Curated Workspaces to Fight the Office Blahs
In the interests of helping corporate tenants overcome the workplace blahs, JLL is bringing three distinctly pre-curated workspaces, dubbed “JLL’s office design… Read more
CBOT Building Lands $256M Refi
Oaktree Capital Management and GlenStar Properties secured a $256-million refinancing for their 141 W. Jackson, a two-tower property known as… Read more
Colliers’ Lynn Reich on 40 Years in Industrial: “It’s Been a Real Ride”
“It’s been a real ride,” Colliers International EVP Lynn Reich said of her four decades in commercial real estate. Reich,… Read more
Essex Markets 30-Unit Apartel in the Loop
Essex Realty Group is marketing The Plymouth at 417 S. Dearborn St. in the Loop, with an asking price of… Read more
Sheba Med Center Will Anchor Health Tech Hub at Michael Reese Site
Sheba Medical Center of Tel Aviv will anchor a health and wellness innovation hub that will serve as the first… Read more
Naperville Offices Trade at High Price-Per-Square-Foot
Cawley Chicago VP Ryan Freed recently completed the sale of 651 Amersale Dr., a 7,800-square-foot, free-standing office building in Naperville,… Read more
Archer Heights Industrial Sells to Local Buyer
A 44,500-square-foot industrial building, located at 4417 S. Springfield in the Southwest Side’s Archer Heights neighborhood, sold for $2 million.… Read more
Long-Planned Suburban Mega-Project Signs First Tenant
Medline Industries will be the first tenant at the Alter Group’s long-planned Cornerstone, a $750-million, 641-acre mixed-use development in Grayslake, IL.… Read more
Clayco’s CRG Hires VP of Development
Clayco division CRG hired Andy Perille as vice president of development. Perille will join the Chicago development team supporting CRG’s real estate activity throughout… Read more
Englewood Renovates Cannabis Dispensary Near Medical District
Englewood Construction launched work on the renovation of a cannabis dispensary facility in Chicago for Custom Strains. Additionally, the commercial… Read more
1031 Investor Picks Up Killdeer Whole Foods
The Boulder Group’s Randy Blankstein and Jimmy Goodman recently represented the seller in the $24.8-million sale of a single-tenant, net… Read more
Cresa’s Roberts Named Fellow with Women inPower
Cresa Chicago SVP Liz Roberts has been named a fellow with JCC Chicago Women inPower, a recently-launched initiative to advance professional women in… Read more
Hybrid Apartment/Condo Tower Coming to the Loop
Chicago-based developer Moceri + Roszak is launching sales for Parkline Chicago, a new 26-story luxury tower featuring 24 residential condominiums, 190 apartments and… Read more
Groundbreaking Set for April 1 on West Loop Boutique Condos
Groundbreaking on 1400 Monroe will commence on April 1, said JK Equities, the developer behind the 42-unit, seven-story boutique condominium project in… Read more
BCBSIL Signs Lease for Third Blue Door Center
Blue Cross and Blue Shield of Illinois (BCBSIL) signed a lease to open a Blue Door Neighborhood Center (BDNC) in… Read more
Chicago Ranks Third in U.S. for Construction Costs
Chicago’s the third most-expensive construction market in the U.S., behind New York City and San Francisco, JLL reported. The Midwest’s… Read more
Elmhurst Sees One of Its Largest Industrial-User Sales
NAI Hiffman brokered the $5.4-million sale of a 75,000-square-foot industrial building at 776 N. Oaklawn Ave. in Elmhurst, IL. The firm’s… Read more
Loop Alliance Slates Workshop for State Street Corridor Plan
Chicago Loop Alliance has released the project timeline and details on the first community workshop for Elevate State, its forthcoming corridor plan for State… Read more
Why Self-Storage Outperforms the S&P 500: A Conversation with Marcus & Millichap’s Steven Weinstock
By Paul Bubny Long the province of private capital and specialty REITs, self-storage has attracted more attention from institutional players… Read more