Illinois
Chicago Aldermen Raise Threshold for Condo Deconversion Deals
The Chicago City Council has voted to approve an ordinance that increases the majority of residential condominium owners needed to… Read more
Cboe Confirms Headquarters Move to Old Post Office
Cboe Global Markets has confirmed earlier reports that it would relocate its headquarters to 601W Companies’ redeveloped Old Post Office… Read more
GBT Realty Snaps Up Milwaukee-Area Retail
GBT Realty Corporation acquired West Allis Center, a 260,000-square foot neighborhood center in West Allis, WI, for $18.1 million. The… Read more
Fiat Chrysler Signs with Opus for Bolingbrook Space
The Opus Group signed Fiat Chrysler Automobiles (FCA) to a lease at 1325 Remington, a 112,049-square-foot building in its Carlow Corporate Center… Read more
Flexible Office Has Room to Grow in Third-Largest Chicago Market
Even as Chicago is the third-largest flexible office space market in the U.S., with approximately 3.8 million square feet, CBRE says the sector… Read more
JLL Arranges Refi on Ricketts’ Gallagher Way MXU
The Ricketts family’s real estate arm refinanced the recently-completed Gallagher Way mixed-use development for $140 million, via a loan arranged… Read more
Experts Question Recent Opportunity Zone Article
by Amy Sorter By now, most understand that the Opportunity Zone program is meant to pump resources into lower-income areas.… Read more
National Opportunity Zones Academy Launches in Five Cities
The Rockefeller Foundation and Smart Growth America (SGA) joined forces to launch the National Opportunity Zones Academy. The academy, which… Read more
Drybar’s Webb Reveals Secrets to Launching a Concept that Explodes
Connect Media joined more than 3,000 attendees at ICSC’s 2019 Western Conference and Deal Making confab that kicked-off this week… Read more
Escape from L.A. & N.Y.: Renters Seek Lower Prices
Rising rents are leading people considering a relocation to a different metro area to increasingly search for homes and apartments… Read more
Mixed-Income Project in Washington Park Represents a Chicago First
A new mixed-use, mixed income development, KLEO Art Residences, 5504 S. Michigan Ave., recently opened in the South Side’s Washington… Read more
Elevation Makes Illinois Debut with Senior Housing Buys
Elevation Financial Group has made its Illinois market debut, acquiring two Springfield-area senior housing properties for a total of $10.7… Read more
Lightfoot Taps PR Veteran as Next Chair of Choose Chicago
Mayor Lori Lightfoot named Glenn Eden as board chair for Choose Chicago, the city’s tourism and business travel marketing organization.… Read more
NorthMarq Arranges Refi on Twin Cities Affordable
NorthMarq Minneapolis’ Michael Padilla arranged the $12.75-million refinance of St. Paul Preservation Portfolio. The five-property portfolio in St. Paul, MN contains a… Read more
Amazon Will Double Chicago Headcount, Add 70K SF at Tech Hub
Amazon plans to expand its Chicago Tech Hub and create 400 new tech jobs in fields including cloud computing, advertising,… Read more
Credit Card Processor Goes Direct at Rosemont’s Pointe O’Hare
Colliers International | Chicago’s Sven Sykes, Tom Volini and Brent Jacob represented TransNational Payments Inc. in its 26,239-square-foot lease at… Read more
Kiser Brokers Uptown Deconversion in Its Fourth Sale of the Property
Kiser Group recently brokered Dover Court Condominiums in the North Side’s Uptown neighborhood for $12.5 million in a Section 15… Read more
InvenTrust Snags 186K Eldorado Marketplace, Pays $71M
InvenTrust Properties Corp. struck a deal with Fidelis Realty Partners to acquire the 186,068-square-foot Eldorado Marketplace, in the North Texas… Read more
We’re Looking for 90 of CRE’s Most Influential Women
Darcy Stacom. Amy Price. Lisa Picard. Randy Fifield. These are just a few of the influential women Connect Media honored… Read more