Illinois
Spec Suites or Tenant Buildouts: What’s More Cost Effective?
While build-to-suit may enjoy a quicker turnaround than speculative development in the industrial sector, the opposite appears to be true… Read more
Highland Park’s Tesla Building Trades in 1031 Deal
Chicago-based Berger Asset Management has completed the $8.75-million sale of the Tesla Building at 1200 Old Skokie Valley Rd. in… Read more
Logistics Firm Leases 248K-SF Elmhurst Warehouse
CTL Global, a Chicago-area logistics and fulfillment company founded in 1978, will be expanding into a 248,000-square-foot warehouse/distribution facility at 1000 N.… Read more
Two-Building Detroit Office Campus Sells to NYC Investor
CBRE’s Anne Galbraith Kohn recently represented Hayman Company in its disposition of Northfield Office Park, 5600 and 5700 Crooks Rd.… Read more
Colliers Bolsters Industrial and Multifamily Teams
Colliers International | Chicago continues to grow with the addition of three associate brokers in the Chicago area. Alex Kritt… Read more
SIOR Chicago Packs Meals for Nonprofit on Annual Service Day
Members from the Chicago Chapter of the Society of Industrial & Office Realtors (SIOR) recently came together to participate in… Read more
Fast-Growing Mail Sorting Business Expands to 203K SF
Minneapolis-based United Business Mail (UBM) has signed a 203,000-square-foot, full-facility lease at 801 Bryn Mawr in Itasca, IL, representing a nearly… Read more
Law Firm Space Grows More Democratized: Q&A with Wright Heerema
As the law firm has evolved from its traditional operating model, the changes in how firms use their office space… Read more
Affordable Housing Veteran Joins Habitat Team
Kimberly Sisney has joined the Habitat Company team as VP, Habitat Affordable Group. Sisney brings more than 25 years’ experience in property… Read more
USDA Chooses KC to Relocate Two Agencies
The U.S. Department of Agriculture (USDA) has selected the Kansas City region for the home offices of its Economic Research… Read more
10-Story, $45M Office Eyed for Downtown Boise
Boise, ID-based Rafanelli & Nahas submitted plans to develop a 10-story office building in Downtown Boise. The 181,000-square-foot project would… Read more
11-Building Value-Add Portfolio Hits Market in East Rogers Park
The Collection on East Lake Terrace, an 11-building, 181-unit apartment portfolio, has been listed for sale unpriced by the Kiser… Read more
Council OK’s TIF Benefits for Former Harold Ickes Homes Site
The first phase of the planned Southbridge mixed-income housing project on the Near South Side will move forward through financial… Read more
Logistics Property Co. Unveils Kenosha Park
Logistics Property Company (LPC) has unveiled 94 Logistics Park in Kenosha, WI, reportedly the largest logistics real estate development in… Read more
Skender Wraps Up Work on Sterling Bay’s Hyatt House
Skender, serving as base building and interior construction manager, has completed construction of a Hyatt House extended-stay hotel on behalf… Read more
Chicago CRE Sentiment Starts Turning Bearish
Commercial real estate professionals in Chicago continue to find strength in the local market, yet the intensity of their convictions… Read more
Marcus & Millichap Brokers Hickory Hills MF Sale
Marcus & Millichap’s Andrean Angelov and Ryan D. Engle have brokered the sale of Hickory Glen Apartments, a 48-unit apartment property in Hickory Hills,… Read more
Inland Strikes $206M Deal with Blackstone; Sells 855-Unit Portfolio
Inland Private Capital Corp. sold an 855-unit Denver-area portfolio to Blackstone Real Estate Income Trust, and walked away from the… Read more
KKR, AIP JV Claims Another Chula Vista Asset
Denver-based Black Creek Group sold the Chula Vista Industrial Center in San Diego to a partnership of New York-based KKR… Read more