Illinois
Lee Illinois Closes Three Deals in I-55 Industrial Corridor
Lee & Associates recently closed three industrial real estate transactions in the I-55 Corridor. They included the following: Pictured: 905 Carlow… Read more
Bally’s Closes IPO for Chicago Casino
Bally’s Corporation has completed its initial public offering of roughly $250 million in Chicago casino shares. The Rhode Island-based gaming… Read more
Study: CNI Investments in Far South Side Generated $1.46B Economic Impact
A newly released study by the Anderson Economic Group LLC (AEG) found that the $693-million of investments made by Chicago… Read more
Peak Construction Tapped for Spec Warehouse in Aurora
Peak Construction Corporation has been awarded DarwinPW Realty’s White Oak Warehouse project in Aurora, IL. The speculative industrial facility is… Read more
Chicago/Midwest People & Company News, week of August 15, 2025
Team Fallico, a multi-generational, top-producing real estate team in the Park Ridge, Illinois, market, will be joining Baird & Warner,… Read more
AbbVie Sets $195M Expansion of North Chicago Manufacturing Plant
AbbVie will invest $195 million in its North Chicago, IL manufacturing plant to expand domestic active pharmaceutical ingredient (API) production in the… Read more
JLL Tapped to Oversee Leasing for Suburban Chicago Office Campus
JLL has been selected to lead leasing efforts for Bannockburn Lakes, a five-building, 530,000-square-foot office campus spanning 48 acres in… Read more
Urban Innovations New Leases, Renewals in River North Buildings
Urban Innovations has signed 28 leases in the first half of 2025, totaling more than 74,000 square feet. Aaron Zaretsky… Read more
XRoads Real Estate Negotiates 10-Year Lease in Arlington Heights
Xroads Real Estate Advisors has represented ownership in a long-term lease to Brazil-021 at 3350 Salt Creek Lane in Arlington… Read more
The Boulder Group Arranges Sale of Chicago Chick-fil-A Property
The Boulder Group, a net-leased investment brokerage firm, completed the sale of a single-tenant net-leased Chick-fil-A property located at 11301… Read more
Sterling Bay Forms Partnership on Residential Project Near Jackson Hole
Chicago-based Sterling Bay has announced a new strategic partnership with Tributary, a luxury residential community in the Teton Valley outside… Read more
Weiss Memorial Hospital in Chicago Shuts Down Operations
Weiss Memorial Hospital on Chicago’s North Side shut down last week amid recent financial hurdles and after being dropped from… Read more
Peak Properties Takes Over Ten Apartment Units in Andersonville
Peak Properties has been award a management assignment at 1349-57 W. Berwyn Ave. in the Andersonville neighborhood of Chicago. Together,… Read more
Comcast Invests $1.4B in Illinois, Powers Naperville’s Block 59 Development
Comcast Business has completed a project to extend its network in Naperville, delivering high-speed internet, cybersecurity, and technology solutions to… Read more
GBI’s Vicki Worden: Data Centers, Sustainability Go “Hand-in-Hand”
As demand for data continues growing unabated, development of data centers continues to ramp up. Yet the facilities’ 24/7 consumption… Read more
Marquette Management Adds Oswego MF to Property Management Portfolio
Marquette Management has expanded its property management portfolio with the addition of Emblem Oswego, a 312-unit luxury multifamily community in… Read more
Chicago/Midwest People & Company News, week of August 8, 2025
Lee & Associates announced that Colin Sons has joined the brokerage group as an associate. He will provide a full… Read more
Net-Leased DaVita Dialysis Property Trades in the Bronx
Marcus & Millichap closed the sale of a net-leased DaVita Dialysis property at 1615 Eastchester Rd. in the Bronx for… Read more
Propriety Insurance Partners with Grid151 on Title Insurance for Real Estate Captives
Chicago-based Propriety Insurance Advisors announced a strategic partnership with Grid151, a technology-powered insurance and fulfillment platform. The collaboration will enable… Read more