Illinois
Transwestern Enters Des Moines with Portfolio Assignment
Transwestern Commercial Services has been tapped for its first engagement in Des Moines, IA, where it will manage the Ruan… Read more
Multi-Tenant Retail Trades in Homewood
Avison Young recently completed the $1.225-million sale of a 6,510-square-foot multi-tenant retail property at 17925 S. Halsted St. in Homewood, IL.… Read more
Preylock Picks Up Bellevue Campus for $117M
Los Angeles-based Preylock Real Estate Holdings acquired 90 North, a four-building, 256,703-square-foot office campus in Bellevue, WA for $117 million.… Read more
$12M Loan Obtained for Cedar Ridge Townhomes Buy
Hunt Real Estate Capital provided Fannie Mae DUS conventional acquisition financing of $12 million for the 124-unit Cedar Ridge Townhomes… Read more
Apartment Developers Get Revved Up Over Electric Scooters
It’s happening overseas in cities such as Sofia—where they hold Black Friday sales the day after a holiday that Bulgaria… Read more
BentallGreenOak Fund Trades Downers Grove Offices
JLL closed the $128.5 million sale of 3500 Lacey Rd., a 583,982-square-foot, Class A office tower in Downers Grove, IL.… Read more
Ohio State Medical Expands MOB Footprint with Atkins
Ohio State University Wexner Medical Center has inked an expansion for 12,000 square feet of medical office space at Atkins… Read more
Vintage River North Offices Double Value in Four-Year Hold
A group led by Chicago trader and investor Michael Palumbo sold the property at 435 N. LaSalle St. in River North for $17 million after a four-year hold.… Read more
Cawley Brokers Sale of Humboldt Park Arts Center
Cawley Chicago recently closed on 48,334 square feet of commercial warehouse space located at 1757 Kimball Ave. in the North… Read more
CushWake Brokers Sale of Library Association HQ
The American Library Association (ALA) has sold its headquarters buildings at 50 E. Huron and 40 E. Huron in River North,… Read more
Apartment Metrics Continue Climbing in Chicago Region, Except for Deal Flow
Multifamily developers in the Chicago region are on pace to match last year’s record deliveries, yet vacancy continues to fall… Read more
NAI Hiffman Closes West Side Deal with Clear Height
NAI Hiffman arranged the sale of 5200-5230 W. Roosevelt Rd., a 128,000-square-foot industrial building on Chicago’s West Side, for an undisclosed… Read more
Starwood REIT Acquires Light Industrial Across Midwest
Miami-based Starwood Real Estate Income Trust (SREIT) acquired a 33-asset light industrial portfolio concentrated in the Chicago, Indianapolis, Columbus and… Read more
Harrison Street, Brightview Expand Senior Living Partnership
Harrison Street acquired a portfolio of senior living properties managed by Brightview Senior Living for an undisclosed sum. The 1,322-unit… Read more
Construction Veteran Bunce Joins Graycor
John Bunce has joined Graycor Construction Company as a construction manager. Bunce brings more than 34 years of design-build industry… Read more
Essex Realty Closes Second Sale of Logan Square Courtyard Building
Essex Realty Group arranged the sale of 1832-1842 N. Humboldt Blvd., a 45-unit courtyard apartment building in the North Side’s Logan Square… Read more
First Logistics Expands at Back of the Yards’ Marina Crossings
Cushman & Wakefield arranged the recent 108,343-square-foot expansion by First Logistics at Marina Crossings in the South Side’s Back of… Read more
Lightfoot Focuses on Four Growth Sectors in 10-Year Strategy
Mayor Lori Lightfoot’s 10-year strategy for growing Chicago’s economy concentrates on four business sectors, while also reversing the city’s population… Read more
Chicago Developers, Unions Partner to Diversify Building Trades
Chicago’s largest developers including Sterling Bay and Related Midwest, general contractors, labor unions and United Way of Metro Chicago have launched HIRE360,… Read more