Illinois
Rocketmiles Expands for Second Time in West Loop
Tech tenant Rocketmiles expanded its presence at 641 W. Lake St. in the West Loop, adding 7,181 square feet to… Read more
Chicago Fund Snags 202-Unit Aspens at Mariposa Point
A fund managed by Green Courte Partners LLC of Chicago bought its 11th senior housing property, the 202-unit Aspens at… Read more
NKF Arranges 5 Industrial Deals Across Region
NKF’s Elise Couston, SIOR and Jimena Sayavedra recently completed three industrial lease transactions and two acquisitions in the Chicago area… Read more
Aon Tower Observatory Project Sets Q3 Launch
601W Co. plans to begin construction on the long-discussed Aon Center observation deck in the third quarter, the Chicago Tribune… Read more
Cedar Street Lands Loan for Lakeview Development
Associated Bank arranged a $15,484,000 loan to Cedar Street for the acquisition of a 22,500 square-foot land parcel and subsequent… Read more
Duff & Phelps Makes Move from Wacker Drive to Fulton Market
In a first-of-its-kind relocation from Wacker Drive to the Fulton Market District, Duff & Phelps has leased nearly 47,000 square… Read more
Fannie Mae Loans Finance Michigan Apartment Buys
CBRE provided two Fannie Mae DUS conventional loans totaling $15,957,000 to finance the acquisition of two multifamily properties in Michigan. The… Read more
Logistics Firm Takes 571K SF in Northern NJ Lease
Cushman & Wakefield arranged a 570,777-square-foot lease at the former Toys ‘R’ Us complex at 703 Bartley-Chester Rd. in Mount Olive,… Read more
Eisenopoly Tallies $215K in 11th Annual Fundraiser
The associate board of the Harold E. Eisenberg Foundation (HEEF) recently hosted the 11th annual Eisenopoly at Revel Fulton Market. This year’s… Read more
Dallas Ranks First for Industrial Demand and New Supply
Dallas/Ft. Worth is North America’s top market for both industrial demand and new supply, says Cushman & Wakefield. North Texas… Read more
MOB Sales Surpass $10 Billion for Fifth Consecutive Year
U.S. medical office building sales continued in an upward trend through the fourth quarter of 2019 and into 2020, driven… Read more
Chicago Industrial Absorption Poised for Big Year-Over-Year Gains
Net absorption for Chicago’s industrial market will surpass 27 million square feet in 2020, a 68% increase over the 16.1… Read more
Clear Height JV Acquires Oak Brook Offices
A joint venture of Clear Height Properties and Buligo Capital Partners acquired an office property at 814 Commerce Dr. in Oak Brook, IL,… Read more
Amazon Plans First Fulfillment Center in Iowa
Amazon announced plans to open its first Iowa fulfillment center in the city of Bondurant, within the Des Moines metro… Read more
CBRE Brokers Lakeview Deconversion Deal
CBRE recently brokered the sale of 519 W. Melrose St., a 58-unit condominium property in the North Side’s Lakeview neighborhood,… Read more
J.C. Anderson Hires Joe Hynes as Project Executive
J.C. Anderson hired Joe Hynes as project executive. He will focus on delivering high quality construction services to building owner and managers.… Read more
South Loop Sees Its Biggest Apt. Deal in Nearly a Year
Interra Realty brokered the $27-million sale of Vesta Lofts, a 59-unit mixed-property in the South Loop. The sale included the… Read more
A Surprising Source of CRE Capital: Credit Unions
In a fast-changing business environment, commercial real estate lenders don’t always act as expected, so it’s necessary to have a… Read more
Muinzer Adds Purdue U. Student Housing in Off-Market Buy
JLL Capital Markets announced today that it has closed the sale of Village West, a recently-renovated, 1,134-bed student housing community… Read more