Illinois
Standard Club Will Close, Hires CBRE to Market Property
Philanthropic organization the Standard Club has hired CBRE to market part or all of its 13-story building at 320 S.… Read more
AIA Brokers Deal for Austin Apartments
Apartment Investment Advisers (AIA) recently closed the sale of 5465 W. Washington, an apartment building in Chicago’s West Side’s Austin… Read more
MISUMI Expands in Relocation to 1475 E. Woodfield
NKF completed a 47,716-square-foot lease on behalf of MISUMI USA at 1475 E. Woodfield (Schaumburg Corporate Center) in Schaumburg, IL.… Read more
Bridge Development Plans More Acquisitions, Overseas Expansion
Bridge Development Partners said it had acquired 21 properties totaling approximately 11.7 million square feet, valued at over $3.1 billion across Bridge’s five… Read more
Connect Industrial Midwest Delves into Rapidly-Evolving Sector
In the previous cycle, office and retail were the favorites of lenders. Today, it’s multifamily and industrial that have them… Read more
Multifamily with Penthouse Trades in Ukrainian Village
Kiser Group recently brokered a five-unit Ukrainian Village apartment building located at 1101 N. Damen for $2,100,000. The firm’s Rick Ofman represented… Read more
CBRE Arranges Galesburg Hotel Deal
CBRE recently represented Auburn Classic Hotel Group, LLC in the sale of Baymont Inn & Suites in Galesburg, IL, approximately… Read more
Chicago Maintains Seven-Year Streak for Business Expansions, Relocations
For the seventh consecutive year, Chicago has been ranked “Top Metro” in the United States for corporate investment by Site Selection magazine.… Read more
Humphrey Takes Greater Management Role at Westmount
Westmount Realty Capital, LLC promoted John Humphrey to regional manager – property management. Humphrey joined Westmount’s Chicago office last summer as senior property manager. This… Read more
Rogers Park Seller Trades to Two Separate Buyers
Interra Realty brokered the off-market sales of two multifamily properties in the North Side’s Rogers Park neighborhood for a total… Read more
Greystone Provides Refi on Loft Apartments in River West
Greystone provided a $12,075,000 Fannie Mae Delegated Underwriting and Servicing loan to refinance a 36-unit multifamily property Downtown. The transaction… Read more
Casaro Teams with Civitas Capital to Acquire 1,000-Plus Units
Casoro Group entered into a partnership with Civitas Capital Group to acquire a 1,070-unit multifamily portfolio in the Dallas-Fort Worth… Read more
Belgravia Launches Work on Triangle Square Condos
Belgravia Group, Ltd. started construction on 66 condominiums at Triangle Square, a mixed-use development at 1701 W. Webster Ave. in the North… Read more
Cresset-Diversified Closes QOZ Fund at $465M
Cresset and Diversified Real Estate Capital closed on their first Qualified Opportunity Zone (QOZ) fund, the Cresset-Diversified QOZ Fund, after raising $465… Read more
Chicago Ranks Fifth for Large-Scale Office Leases
Although Manhattan claimed the top spot for share of large office leases in 2019, especially among tech-oriented tenants, Chicago ranks… Read more
F&F/Fifield Project in West Loop Reaches 90% Leased
Leasing has reached 90% at 727 West Madison, a 492-unit luxury apartment building in the West Loop co-developed by F&F Realty, Ltd. and Fifield Cos. Reportedly,… Read more
Midwest Industrial Secures Lease for 408K SF
Midwest Industrial Funds recently completed a long-term lease for 408,000 square feet at 6600 River Rd., Hodgkins, IL. The lease… Read more
UTEC Signs for 53K SF in Downtown Fort Wayne
United Technologies Electronic Controls Inc. (UTEC) recently signed a long-term lease for 53,246 square feet in the Indiana Office Center… Read more
Shuttered Restaurant on Near West Side Sells to Chefs
A 3,000-square-foot mixed-use building and business assets located at 1001 N. Winchester Ave. on the Near West Side, formerly home… Read more