Illinois
Nominate the Top Commercial Brokers of 2019
Do you know a commercial real estate broker or team who made a big impact in 2019? For the third… Read more
Sealy Snags 1.6M-SF Infill Industrial Portfolio from Rialto
Weeks after selling an 18.1-million-square-foot national industrial portfolio to DRA Advisors LLC, Sealy & Co. acquired 1.6 million square feet… Read more
“Headwinds” Push Chicago Developers to Other Cities
Property tax increases and other factors are leading some of Chicago’s major home-grown developers to pursue projects in other cities… Read more
NKF Brings on 10-Member Valuation Team
NKF is expanding its Valuation & Advisory (V&A) practice with 10 new hires. All are based in NKF V&A’s new… Read more
Quantum Brokers Melrose Park Retail Deal
Quantum Real Estate Advisors recently brokered the sale of a 138,203-square-foot multi-tenant retail shopping center in Melrose Park, IL, co-anchored… Read more
LCS Takes Full Ownership of Gold Coast Seniors High-Rise
Fundamental Advisors LP sold The Clare at Rush and Pearson, a high-rise senior housing community in downtown’s Gold Coast neighborhood,… Read more
West Town “Apartel” Sells to Local Investor
Essex Realty Group arranged the sale of 747 N. May St., a recently-renovated 22-unit building in West Town that’s operating as an… Read more
CBRE Completes Sale of 4-State MOB Portfolio
A CBRE team based in Atlanta and Denver completed the sale and financing of a nine-building medical office portfolio totaling approximately… Read more
Demand for Owner-Occupied Assets Fuels Oak Brook Sale
Cawley Chicago recently completed the sale of Midwest Plaza South, a 57,832-square-foot office building at 2021 Midwest Rd. in the… Read more
Parkside Realty Tops Off Fulton Market Offices
Parkside Realty Inc. topped off at Fulton East, a 12-story, 90,000-square-foot, office and retail building in the Fulton Market District. Chicago-based Clayco is leading the… Read more
BMO Headquarters Tower Breaks Ground Near Union Station
Riverside Investment & Development and BMO Financial broke ground Friday on a 50-story tower that will serve as BMO’s U.S.… Read more
Draper and Kramer Adds to Portfolio with River North Rentals
Draper and Kramer expanded its multifamily portfolio by acquiring HUBBARD221, a 195-unit luxury apartment tower in River North. The acquisition completed a… Read more
Logan Square Seller Achieves 75% Markup on 2015 Buy
Essex Realty Group, Inc. arranged the sale of 3137 W. Wellington Ave., a 12-unit apartment building in Logan Square. After performing… Read more
Rockefeller/MBK JV Set to Develop Fontana Distribution Center
Rockefeller Group is set to finalize a joint venture with MBK Real Estate for development of a 297,161-square-foot industrial building… Read more
Inland Bank Names Community Banking Veteran as SVP
Inland Bank and Trust, headquartered in Oak Brook, IL, appointed Michael Corr as SVP and manager of business banking. He… Read more
KORE Taps CushWake to Lease Downers Grove Trophy
KORE Investments hired Cushman & Wakefield to lease 3500 Lacey, a 583,983-square-foot office building in Downers Grove, IL. KORE closed on its… Read more
LaSalle Advises Mix of Offense and Defense in 2020 Investing
The U.S. and Canadian real estate markets are projected to remain stable in 2020, as both economies are expected to… Read more
Chicago Residential Continues Run of Ebbing Sales, Rising Prices
Home sales in Chicago ebbed 10.4% in November from a year ago, marking the city’s 16th consecutive month of declines,… Read more
Law Firm Commits to Full Floor at Golub’s The 300
Chicago law firm Schoenberg Finkel Newman & Rosenberg (SFNR) signed a 15,460-square-foot, long-term lease at Golub & Company’s The 300, located at 300 S. Wacker Ave in… Read more