Illinois
Bridgeport Portfolio Offers Rare Opportunity to Scale Up
A four-property mixed-use portfolio in the South Side’s Bridgeport neighborhood has been listed for sale by Essex Realty Group. The properties are… Read more
Home Improvement Co-op Will Move HQ to Fort Wayne Redevelopment
Do It Best Corp. recently signed a letter of intent (LOI) to locate its corporate headquarters at RTM Ventures’ upcoming… Read more
ILPT Forms JV on 12-Property Industrial Portfolio
Industrial Logistics Property Trust (ILPT) formed a $680-million joint venture with an Asian institutional investor for a 9.2-million-square-foot portfolio of… Read more
NAI Hiffman Secures Relocations for 2 Nonprofits
NAI Hiffman’s Aubrey Van Reken-Englund and Tabitha Dozier arranged relocations for two nonprofits, representing Our Children’s Homestead (OCH) in a… Read more
Trilogy RE Hires Matt Leiter to Lead Cap Markets Strategy
Trilogy Real Estate Group, a Chicago-based real estate investment and property management firm, has hired Matt Leiter as CFO. Leiter will lead… Read more
Beacon Capital’s 1 North Dearborn Wins TOBY from Chicago BOMA
Beacon Capital Partners’ 1 North Dearborn won The Outstanding Building of the Year (TOBY) Award in the renovated building category from the… Read more
CenterPoint Signs 3PL Unis at 1M-SF SoCal Logistics Center
Illinois-based CenterPoint Properties has signed 3pl Unified Network Information Services (Unis) at CenterPoint’s SoCal Logistics Center (SCLC), a 1,034,026-square-foot warehouse… Read more
Chicago-Area Home Sales Post Y-O-Y Gains for Second Month in a Row
Home sales in the Chicago region and statewide showed year-over-year gains for the second consecutive month after declining generally throughout… Read more
Novel Coworking Acquires 53K-SF Office Building in St. Petersburg
Coworking company Novel Coworking has acquired a five-story office building in downtown St. Petersburg for an undisclosed price. Located at… Read more
Industrial’s Top Markets by the Numbers
For net absorption, California’s Inland Empire represents an unassailable peak among U.S. industrial markets, in terms of both fourth-quarter and… Read more
Related Midwest’s Mega-Project Goes Beyond R&D Campus
The R&D campus has gotten all of the headlines recently. Gov. JB Pritzker of Illinois, Mayor Lori Lightfoot of Chicago… Read more
Signet Launches Resi Project on Cleveland’s East Side
Signet Real Estate Group has secured nearly $30 million in funding and broken ground on Axis at Ansel, a 163-unit… Read more
NAI Hiffman Hires VP, Industrial Services
NAI Hiffman appointed Jack Brennan as VP, industrial services. Brennan will assist private and institutional tenants and owners with leasing,… Read more
Ventas Launches Fund Targeting Life Science, Medical Office
Healthcare REIT Ventas has sponsored and formed the Ventas Life Science and Healthcare Real Estate Fund, L.P., a perpetual life… Read more
Regency Inn in Naperville Will Become Micro Apartments
Marcus & Millichap recently brokered the sale of the Regency Inn at 1350 E. Ogden Ave. in Naperville, IL for… Read more
City Council to Weigh Landmark Status for Former Railroad HQ
The $137-million adaptive reuse of the former headquarters for the Chicago & North Western Railway Co. in the West Loop… Read more
Chicago’s TV and Film Sector is Ready for Its Close-up
Chicago enjoyed another growth year for film, television and media production in 2019. According to data from the Illinois Film… Read more
Green Courte Acquires All-Age Community near KC
Green Courte Partners’ fourth investment fund, Green Courte Real Estate Partners IV, LLC and its affiliates, acquired its 11th land-lease… Read more
Institutional Buyer Snaps Up Oak Brook Shopping Center
Mid-America Real Estate Corporation’s investment sales team recently brokered the sale of The Shops at Oak Brook Place in Oak… Read more