Illinois
Buildout Begins for BofA Offices at Namesake Tower
Skender recently started interior construction of the 536,000-square-foot office relocation for Bank of America’s downtown Chicago offices. Relocating from its current… Read more
Ken Sacco Joins Avison Young from Accenture
Ken Sacco has joined Avison Young as a principal, based in Chicago. Sacco joins Avison Young from Accenture, and will advise… Read more
CA Ventures Puts Focus on Healthcare with New Division
CA Ventures, based in Chicago, launched a medical office and life sciences division, and appointed Russell Brenner as president of… Read more
LCN Sells Former Shopko Warehouse in Omaha
LCN Capital Partners sold the 535,000-square-foot former Shopko Distribution Center in Papillion, NE to Papillion Foods. Deal terms weren’t disclosed.… Read more
Prologis’ $13B Acquisition of Liberty Property Trust Completed
San Francisco-based Prologis, Inc. (NYSE: PLD), completed its all-stock acquisition of Liberty Property Trust (NYSE: LPT) for $13 billion. The transaction expands Prologis’… Read more
McShane Launches Build-to-Suit for Option Care
McShane Construction Company has begun construction of a 50,000-square-foot, build-to-suit facility for Option Care Health, Inc. in Itasca, IL. The… Read more
CoreSite Seeks Data Center Incentives Through IL Program
CoreSite Realty Corporation said Monday it’s pursuing a final incentive agreement related to its new ground-up data center development in… Read more
Essex Lists Apartments in Dorchester Arts District
Essex Realty Group’s Brian Mond and Associate Ben Bakula have listed 6800 S. Dorchester Ave. for $5,300,000. The 62-unit multifamily property is located… Read more
Higher-Income Renters Fuel Chicago’s Apartment Market
The number of Chicago-area renters earning $75,000 or more rose 38.8% between 2010 and 2018, says a national report from… Read more
MLL Capital Adds Four-State MOB Portfolio
Boston-based MLL Capital, focused on medical office, laboratory and life sciences properties, acquired four medical office buildings totaling 251,546 square feet… Read more
Dayton Street Promotes Moriarty to Acquisitions Director
Joe Moriarty has been promoted to director–acquisitions at Dayton Street Partners, a Chicago-based industrial and logistics real estate investment firm. In… Read more
HSA Plans 1M-SF Business Park on WI Border
HSA Commercial Real Estate completed the acquisition of a 68-acre land parcel at Wilmot Road and 136th Avenue in Bristol, WI,… Read more
Steadfast Trades Workforce Housing in Gurnee
Cushman & Wakefield’s Midwest multifamily advisory group brokered the $9.6-million sale of Carriage House Apartments, a 17-building, 136-unit workforce housing… Read more
City Wraps Up Input Meetings for INVEST South/West Program
The Lightfoot administration on Friday wrapped up its series of community engagement meetings intended to gather public input for its… Read more
Artisanal Ice Cream Parlor Joins Retailers at Fifield’s Logan Apartments
Jeni’s Splendid Ice Creams signed a lease for ground-floor space at Fifield Cos.’ Logan Apartments, a new-construction apartment development in… Read more
Bellwether Closes on Financing for Twin Cities Affordable
Bellwether Enterprise Real Estate Capital LLC closed the latest of nine deals with Midwest GIR Group totaling $18,139,000 for multifamily properties in… Read more
Chicago Ranks in Top 10 for Largest Industrial Leases
Although the food & beverage industry significantly expanded its share of the largest 100 U.S. industrial & logistics leases by… Read more
Skender Begins Buildout for Upwork Expansion
Skender has started construction on a 34,000-square-foot expansion to Upwork’s current space at AEW Capital Management’s 525 W. Van Buren… Read more
A Guide to Midwestern Apartment Markets
By Paul Bubny Among Midwestern metro areas, only Minneapolis/St. Paul figures in the top 10 of Marcus & Millichap’s National… Read more