Illinois
Q3 Was Chicago Office’s Best Quarter in Years
Third-quarter office absorption across the Chicago region was the best in four years, NKF says in its Q3 report. The… Read more
$17M Loan Will Advance Glen Ellyn Condo Conversions
JLL arranged $17.3 million in financing for Iron Gate, a 180-unit fractured apartment and condominium community in the western Chicago suburb… Read more
Berkadia Arranges WI Portfolio Deal for Weidner
Berkadia arranged the sale of a portfolio of two multifamily properties totaling 364 units in the suburbs of Madison, WI. The… Read more
CushWake’s Institutional Team Adds Director in Chicago
Cushman & Wakefield has added 20-year veteran Josh McGee as managing director with the firm’s corporate capital markets. He’ll be based in Chicago and… Read more
Essex Completes Deals in Edgewater, West Ridge
Essex Realty Group recently completed two North Side apartment property sales: the 23-unit 6100-6104 N. Paulina St. in Edgewater, and… Read more
Orangetheory Expands Chicago Footprint with Loop Facility
Orangetheory Fitness leased 4,000 square feet on the second floor of 155 N. Michigan Ave. in the Loop. It’s set to… Read more
Golub Partnership Closes Burnham Center Deal
Golub & Company finalized its acquisition of Burnham Center at 111 W. Washington in the Loop in a joint venture… Read more
Valtech Acquires Romeoville Industrial with Rental Income Stream
CBRE recently represented Valtech LLC in the acquisition of 1347-1349 Enterprise Dr., a 33,900-square-foot industrial property in Romeoville, IL. The… Read more
Hanley’s Lefko and Asher Arrange Michaels Sale in KC
Hanley Investment Group Real Estate Advisors arranged the sale of a single-tenant Michaels in Kansas City, MO to a California buyer… Read more
Clear Height Brings in Property Mgmt. Director
Clear Height Properties has named Kurt Angst to the position of director of property management, while also promoting Rick Nevarez to director… Read more
Lendlease Opens Green Space at Southbank Development
Lendlease recently celebrated the grand opening of Southbank Park, a two-acre green space that anchors the firm’s new Southbank development underway… Read more
Report: Boston Fourth-Largest Flex Office Market in U.S.
Boston is the nation’s fourth-largest flexible office market by square footage, according to a recent report from CBRE. The market’s… Read more
Cook County Property Values Up 41% from 2012
The market value of Cook County real estate, both residential and commercial, has nearly recovered to 2008 levels, according to… Read more
Going Behind Warby Parker, Casper, Bonobos Shift to a Physical Presence
By Dennis Kaiser Studies show Direct-to-Consumer (DTC) brands experience an average 45% increase in overall website traffic after a store… Read more
Co-Located Senior Rentals and Library Open in Irving Park
Evergreen Real Estate Group recently joined public-private partners for a ceremonial ribbon-cutting to celebrate the completion of Independence Apartments, a six-story, 44-unit affordable senior… Read more
JVM Adds North Aurora Townhomes to Portfolio
JVM Realty Corp. acquired Randall Highlands, a 146-unit luxury rental townhome community in the western suburb of North Aurora, IL,… Read more
Pilsen Condo Project Launches Sales
Sales have begun for PLSN Condos, located in the 800 block of West Cullerton Street, in Pilsen. The 23-unit project is one… Read more
Spec Industrial Keeps Coming to Chicago
Chicago’s speculative development boom in the industrial sector shows no signs of abating, according to Colliers International’s latest research. Slightly… Read more
CA Industrial Grows Leadership Team with Development Veteran
Chicago-based CA Industrial, the industrial investment and development division of CA Ventures, appointed development veteran Michael Podboy as president for the division. Podboy will build… Read more