Illinois
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
NYC Apartment Growth Runs Slightly Ahead of State, U.S. Averages
New York City rents have declined 0.1% over the past month, but are up moderately by 2.2% from a year… Read more
ServerFarm, NYI Forge Chicago-Area Data Center Partnership
ServerFarm, a California-based data center developer, and NYI, which provides managed hybrid IT solutions, have formed a partnership to support the… Read more
Industrial Midwest Speaker Jim Martell Sees the Opportunities
With more than 40 years’ experience in all facets of commercial real estate, Jim Martell could hold forth on any… Read more
Quantum Sells Newly-Built Wendy’s in Net Lease Deal
Quantum Real Estate Advisors completed the sale of a freestanding 2,158-square-foot Wendy’s located at 2401 N. Illinois Rte. 23, Streator,… Read more
David Wright Joins NKF in Minneapolis Office
David Wright has joined NKF as director of management services in the firm’s Minneapolis office. His responsibilities include driving the strategies of NKF’s… Read more
Boutique Condo Project Tops Out in West Loop
EVEQ West Loop, a new 32-unit condominium mid-rise in the West Loop, has topped off, and the building is on pace… Read more
McDonald’s Global Headquarters Goes on the Sales Block
Sterling Bay is selling 110 N. Carpenter St., the global headquarters of McDonald’s in the Fulton Market District. The company… Read more
Colliers Duo Arranges Sales Totaling 500K+ SF
Colliers International | Chicago’s Jeff Devine and Steve Disse arranged the sale of two suburban properties totaling more than 510,000… Read more
Rogers Park Deal Shows Continued Hunger for Deconversions
Interra Realty brokered the deconversion sale of 1638-44 W. Greenleaf Ave., a 40-unit multifamily building in the North Side’s Rogers Park… Read more
Optima Leases All 22 Business Suites at Streeterville Resi Tower
Optima, Inc. has leased all 22 furnished office suites at Optima Signature, its 57-story, 490-unit Class A apartment tower at 220 E. Illinois… Read more
West Loop Office Tower Could Sell for $900M
A joint venture of Riverside Investment & Development and Wanxiang America Real Estate has hired JLL to help market 150… Read more
Cawley Duo Arranges Off-Market Deal for Oak Brook Offices
Cawley Chicago’s office team of Tony Russo and Ryan Freed recently facilitated the off-market sale of a 70,497-square-foot office building in… Read more
CMK, Greystar Launch Pre-leasing at Printer’s Row Apartment High-Rise
Pre-leasing has begun at CMK Companies’ 717 S. Clark St. in the South Loop, the future Imprint Apartment Homes. Located… Read more
Industrial Midwest Experts Will Delve into What “Last-Mile” Really Entails
“Last-mile delivery” is a phrase that’s frequently bandied about in commercial real estate these days. The experts gathered for a… Read more
Inland Bank Lends on LPC’s Spec Build in McKinley Park
Inland Bank and Trust and Logistics Property Company (LPC) closed a $10-million construction loan for the development of LPC’s 3711 S. Ashland… Read more
NorthMarq’s Frankel Arranges Debt on Industrial Flex in OH, IL
NorthMarq’s Chicago-based Jeff Frankel negotiated acquisition financing totaling $16.9 million for two industrial/flex office properties located in Des Plaines, IL… Read more
UAW, GM Hire CBRE to Sell 420K-SF Detroit Offices
CBRE has been retained by a joint venture of the United Auto Workers and General Motors to list and sell… Read more