Illinois
CBRE Brings Planet Fitness to Three Centers
CBRE’s Joe Parrott recently represented three separate landlords in leases to Planet Fitness for a combined 60,404 square feet in Chicago’s… Read more
Stanley Tigerman, Dean of Chicago Architects, Dies
Stanley Tigerman, widely regarded as the dean of Chicago architecture, died Monday at his home in Chicago after a long… Read more
St. Louis Fed’s Bullard Says Rate Cut May Be Needed “Soon”
The president of the St. Louis Federal Reserve became the first Fed official to publicly suggest a need to not… Read more
Industrial Tenant Expands to 309K SF in Addison
Lee & Associates has closed a long-term lease renewal and expansion for a 308,782-square-foot industrial space located at 880 S. Rohlwing Rd.… Read more
CTA’s Red Line Revamp Will Close 2 Stations for 3 Years
Two stations along the Chicago Transit Authority’s Red Line will be closed for three years beginning in the winter of… Read more
Illinois Lawmakers Enact $45B Infrastructure Package
As part of an ambitious legislative push that included expanded gambling and sports betting in Illinois, the Illinois General Assembly… Read more
Italian Auto Supplier Buys Detroit Site for New Factory
Italian automotive supplier Tiberina Group has acquired 10 acres of land at the former American Axle & Manufacturing Holdings site… Read more
Move-Ins Begin at CIM Group’s South Loop Tower
The first residents are moving in at CIM Group and Murphy Development Group’s 500-unit Paragon rental tower in the South… Read more
384-Unit Preserve at the Port Changes Hands
A local investor ended its nine-year hold on Preserve at the Port, a 384-unit apartment complex on San Antonio’s southwest… Read more
Berkadia Originates HUD Loans on Rock Island Apts.
Berkadia has provided $34.27 million in construction-to-permanent substantial rehabilitation financing for the Rock Island Portfolio, two properties in Rock Island,… Read more
Hyatt Puts Tierney at Helm of Hyatt Place Development
Hyatt Hotels Corporation has selected Jim Tierney to serve as SVP of development and owner relations for the Hyatt Place… Read more
Industry Leaders Focus on Chicago Region’s Challenges (VIDEO)
At the recent Connect Chicago conference, panelists touted the region’s many strengths but also were forthright in discussing its challenges.… Read more
Mid-America Brokers Gold Coast Sale to Newcastle
Mid-America Real Estate Corporation’s investment sales team recently brokered the sale of 1206-1212 N. State St. in Downtown’s Gold Coast neighborhood. The… Read more
Youth Development Park Opens in Dunning
The Cal Ripken, Sr. Foundation and Group1001 have partnered with the Chicago Park District (CPD) to unveil Read-Dunning, a multisport… Read more
State Senate Authorizes Chicago Casino
The Illinois Senate has approved a gambling expansion bill that will legalize sports betting across the state and authorize a… Read more
Transwestern Tapped for Trophy Buckhead Role in $800M, 3.1M-SF Sumitomo Assignment
Transwestern Commercial Services (TCS) has been selected to provide property management services at Atlanta Financial Center in Buckhead. The three-building,… Read more
American Street Arranges $30M for Brookline, MA MF
Chicago-based American Street Capital (ASC) arranged a $30.4 million loan for a 111-unit, high-rise multifamily property in Brookline, MA. Built… Read more
Brennan, Arch Street buy 1.3M-SF True Value IL Distribution Facility
A joint venture of Chicago-based Brennan Investment Group, LLC and a client of Arch Street Capital Advisors, LLC acquired a… Read more
Spec Warehouse Build Launches in Bedford Park
PREMIER Design + Build Group and Bridge Development Partners have launched a speculative warehouse project in Bedford Park, IL, a… Read more