Illinois
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
Willis Tower Now Nation’s Largest LEED Platinum Building
Willis Tower is now the largest building in the U.S. to earn the U.S. Green Building Council’s LEED (Leadership in Energy and… Read more
OpenTable Ranks Top 100 Restaurants in America
Online restaurant reservation website OpenTable has revealed the top 100 restaurants in America for 2019, according to OpenTable diners. The… Read more
Value-Add Comes to Market Between Gold Coast, River North
Kiser Group and Zacuto Group have brought 56 E. Chicago Ave. to market. The six-story mixed-use value-add is being marketed… Read more
Lincoln Yards’ First Public Park Has Winter Hours
Sterling Bay’s Fleet Fields, the company’s first public park space at its Lincoln Yards mega-project, will remain open to the… Read more
JVM Acquires Luxury Apts. in Downers Grove
JVM Realty Corp. acquired Maple & Main, a 115-unit luxury apartment community in Downers Grove, IL. Deal terms weren’t disclosed. The… Read more
Ryan Companies Plans Entry into Fulton Market
Add Ryan Companies to the roster of developers with major projects in the Fulton Market District. A partnership of Ryan… Read more
JLL Lines Up $320M Recap for Midwest Industrial Portfolio
JLL arranged a $319.6-million recapitalization and $210-million financing for a 33-building, Class A, logistics portfolio totaling 4.1 million square feet in… Read more
Chicago’s First C-PACE Funding Goes to Hotel Redevelopment
Counterpointe Sustainable Real Estate (SRE) closed on what’s reportedly Chicago’s C-PACE program financing. It provided $21.25 million in private capital to an… Read more