Illinois
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
New York’s Office Sales Crown Slips in 2019
Although it’s generally regarded as the monarch of U.S. office markets, New York City’s crown slipped in 2019. The year’s… Read more
ML Realty Completes 479K SF of Leases in Chicago, Suburbs
ML Realty Partners recently completed 479,249 square feet of industrial leases across its portfolio in Chicago and the suburbs. The… Read more
Chicago CBD’s Supply-Demand Balance Remains Healthy
The Chicago CBD’s office supply and demand fundamentals remain healthy, Colliers International research analyst Will Goldstick summed up in the… Read more
IDEX Relocates Global HQ to Northbrook
Cushman & Wakefield represented applied solutions provider IDEX Corporation in a new long-term lease and move of its global headquarters office to 39,252… Read more
Iowa Fresenius Facility Trades in Off-Market Deal
Stan Johnson Company (SJC) wrapped up the off-market sale of a single-tenant healthcare property in West Des Moines, IA. Completed… Read more
Property Tax Law Firm Adds Attorney with Gov’t. Background
O’Keefe Lyons & Hynes, LLC, a commercial property tax law firm based in Chicago, added Douglas J. LaSota as an attorney at… Read more
West Lawn Retail Center Changes Hands
Marcus & Millichap arranged the sale of Courtesy Plaza, a grocery shadow-anchored, 42,346-square-foot retail property in the Southwest Side’s West… Read more
Cold Storage Expert Joins Connect Industrial Midwest Lineup
On a subject that’s suddenly top of mind but little understood by the general public, it pays to call in… Read more
Atari Unveils Plans for Video-Game-Themed Hotel
Game designer and developer Atari is entering into a new business line: Video-game-themed hotels. The first Atari Hotel is scheduled… Read more
Retail/MOB in Lakeview Sells to California Buyer
Greenstone Partners recently sold 2954 N. Sheffield Ave., a 13,000-square-foot retail and medical office mixed-use building in the North Side’s… Read more
NAI Hiffman to Lease Up Last-Mile Warehouse in Bridgeport
NAI Hiffman has been retained by Karis Industrial and Stonemont Financial Group to lease South Branch Commerce Center in the… Read more
Intercom Will Take Over Sterling Bay’s Space at Fulton West
Business messaging platform Intercom joins the roster of tech tenants upsizing their Chicago office footprints. The San Francisco-based firm signed… Read more
Bank Acquires KS Site for Commercial HQ
First Heritage Bank completed the acquisition of a 0.22-acre tract in the new Lenexa City Center development in Lenexa, KS.… Read more
Four Healthcare REITs Included in 2020 Bloomberg Gender-Equality Index
Bloomberg has released its 2020 Gender-Equality Index, and four healthcare REITs were included: HealthPeak Properties Inc., Omega Healthcare Investors, Ventas… Read more
Element78 Adds Director in Real Estate Practice
Advisory and administration firm Element78 has hired Jared Elfvin as director. He will help lead and develop the company’s real… Read more
Horizon Therapeutics Strikes Deal on Former Takeda Campus
Horizon Therapeutics has agreed to purchase the three-building, 650,000-square-foot campus in Deerfield, IL that formerly housed Takeda Pharmaceuticals. Deal terms weren’t disclosed. The… Read more
Indiana Aldi Trades in 1031 Deal
Hanley Investment Group Real Estate Advisors arranged the sale of a newly-remodeled, single-tenant net-lease property occupied by Aldi in Mishawaka, IN.… Read more