Illinois
Avison Team Markets Mission-Critical Industrial in Chicago, Toronto Metros
A 497,682-square-foot industrial portfolio with properties in the Chicago area and Guelph, Ontario, Canada, near Toronto, is being marketed by Avison Young on behalf… Read more
Duke’s Glendale Hts. Spec Industrial Lands Full-Building Tenant
Cawley Chicago principal Frank Melchert recently represented tenant Coda Resources on a 183,296-square-foot lease transaction at 990 North Ave. in… Read more
Skender Completes Spaces Buildout at Former Sports Authority
Skender, serving as general contractor, recently completed interior construction of the eight-story, 80,000-square-foot Spaces location at the former Sports Authority… Read more
Washington Prime Lands $117M Loan to Refi IL, IN and TX Centers
Washington Prime Group Inc. refinanced four of its open-air shopping centers in Illinois, Indiana and Texas. The Columbus, OH-based REIT… Read more
Office Leasing Reaches 10-Year High in Downtown Chicago
Chicago’s downtown office leasing activity reached a decade high in the first three quarters of 2019, with transactions totaling 7.8… Read more
Loop High-Rise Converts from Corporate to Luxury Rentals
200 Squared, the 42-story, 329-unit Loop high-rise at 210 N. Wells, is being converted from corporate housing to luxury apartments.… Read more
Grocery-Anchored Center on SW Side Trades in All-Cash Deal
Marcus & Millichap closed the sale of Park Shops, a 47,069-square-foot, grocery anchored center on the city’s Southwest Side. The… Read more
Concourse Chicago Lands Three New Tenants
NAI Hiffman’s Steve Chrastka and Jason Wurtz completed three leases totaling approximately 8,900 square feet at Berger Asset Management’s Concourse… Read more
Lightfoot Forms Panel to Study Affordable Housing Supply
With affordable housing a key sticking point in contract negotiations between the city and the Chicago Teachers Union, Mayor Lori… Read more
Buyer of Berwyn Apartments Plans Gut Rehab
Interra Realty brokered the sale of 1917-23 S. Grove Ave., a four-story, 34-unit building in the western suburb of Berwyn, IL.… Read more
HWE Arranges $400M Deal for Freehand Hotels
Hodges Ward Elliott (HWE) represented the seller in the sale of the Freehand Hotels hospitality brand portfolio, comprising four properties in Manhattan,… Read more
Colliers Names Morgan to Lead Northwest Region
Colliers International Group Inc. expanded its leadership team with the addition of Kevin P. Morgan, who joined the company as… Read more
Griffin Divests FedEx Truck Terminal in Ohio
Griffin Capital Essential Asset REIT sold a 160,410-square-foot truck terminal at 10 Commerce Pkwy., West Jefferson, OH for $30.3 million.… Read more
Reonomy Report: No Surprise — Multifamily Thrives in O-Zones
While the Opportunity Zone program is geared to work with all real estate types, some CRE assets seem to be… Read more
Shilling: No Need to be Defensive About CRE Markets
Even as the length of the current cycle reaches a record duration, and is causing some to be less bullish,… Read more
Instant Hires Chicago-Based Brady as Americas CEO
Flexible space provider Instant has named CRE veteran Joe Brady as Americas CEO, effective Dec. 2. Brady will lead Americas… Read more
48-Unit Oso Affordable Complex Opens on North Side
Evergreen Real Estate joined Ald. Carlos Ramirez-Rosa and city and state housing officials recently for the grand opening of the… Read more
Venture One to Develop 1M-SF Amazon Center in Will County
Amazon will open a one-million-square-foot fulfillment center in Channahon, IL. The center, being developed by Venture One Real Estate, will… Read more
Olshan Breaks Ground on Fourth Hotel at Columbus’ Easton Center
Olshan Properties broke ground on a 136-key Aloft Hotel at Easton Town Center in Columbus, OH. The new Aloft will become Olshan’s… Read more