Illinois
Plan Commission Chair Steps Down After Seven Years
At what turned out to be Martin Cabrera Jr.’s final meeting as chair, the Chicago Plan Commission recently approved three… Read more
UIC Opens New Residence Hall in Partnership with American Campus
American Campus Communities and the University of Illinois at Chicago (UIC) recently cut the ribbon on the university’s new Academic… Read more
Canadian Buyer Picks Up Medical Office Park
Marcus & Millichap brokered the sale of Warwick Business Court, a five-building, 24,600-square-foot medical office park in Mount Pleasant, WI. The asset sold for $2.7 million,… Read more
Value-Add Apartments Trade in Lincoln Park
Essex Realty Group has closed on the sale of 2156 W. Potomac Ave., a six-unit multifamily property in Wicker Park. The property… Read more
CBRE’s Gamboa Promoted to Midwest Project Management Lead
Abe Gamboa has been named Midwest division leader for project management (PJM) at CBRE. The promotion comes about four months after Gamboa… Read more
Cohen Financial Originates Bridge Loan on Grand Rapids Multifamily
Cohen Financial’s Cathy Bronkema has arranged an $11-million short-term bank loan with SunTrust for the acquisition of Cottonwood Forest Apartments in… Read more
Google Mulls Doubling Its Fulton Market Presence
Less than a year after announcing plans to expand its footprint in the Fulton Market District, Google is contemplating an… Read more
Kass, Xfinity Partner on Launch of Smart Apartments Platform
Comcast unit Xfinity Communities and Chicago-based Kass Management Services have partnered on what’s reportedly the nation’s first commercial deployment of Xfinity Communities’… Read more
Lakeview East Mixed-Use Trades to Local Buyer
Marcus & Millichap arranged the sale of 2827-2829 N. Clark, a 6,396-square foot mixed-use property in the North Side’s Lakeview East… Read more
Lightfoot Submits Five Possible Sites for Chicago Casino
The Illinois Gaming Board has hired Union Gaming to perform an economic feasibility study around the development of Chicago’s first-ever… Read more
Benefit Chicago Makes $3M Investment in New DL3 Arm
Benefit Chicago has made a $3-million impact investment in DL3 Realty Advisors, LLC, an impact investment company created by DL3 Realty L.P. that’s targeting revitalization… Read more
Continuing-Care Operator Vi Relocates to Willis Tower
Savills completed a 30,405-square-foot lease on behalf of Vi, a national developer, owner and operator of high-end continuing care retirement… Read more
CushWake Arranges 694K-SF LTD Renewal
Cushman & Wakefield represented LTD Commodities on a 10-year renewal of its 694,367-square-foot distribution facility at 1000 Bilter Rd. in Aurora, IL. Acquired… Read more
Schementi Tapped for Newly Created Leadership Role at CushWake
Greg Schementi has been appointed to the newly-created position of president, Americas tenant representation at Cushman & Wakefield. The 15-year… Read more
Fifth Wall Finalizes RE Tech Fund at $500M+
Venture capital firm Fifth Wall has closed its second real estate technology fund. The oversubscribed $503-million Fund II more than doubled the size… Read more
Software Company Showpad Triples Loop Presence
Sales training software company Showpad leased 68,391 square feet at Shorenstein Properties’ One North State. The expansion more than triples… Read more
Colliers Arranges Full-Building Deal for Panattoni
Colliers International, Chicago’s Christopher Volkert represented Panattoni in a long-term, 161,585-square-foot, full building lease to NorthShore Care at the developer’s newest… Read more
Essex Realty’s Brian Mond Completes South Shore Deal
Essex Realty Group’s Brian Mond brokered the sale of a 25-unit apartment building in the South Side’s South Shore neighborhood.… Read more
Wacker Drive Lobby Reopens as Willis Tower Transforms
EQ Office reopened Willis Tower’s Wacker Drive lobby, featuring a new, permanent art installation from artist Jacob Hashimoto. The Blackstone-owned EQ Office… Read more