Illinois
KPMG Opens Newest and Largest Ignition Center
KPMG has opened the KPMG Ignition Center – Chicago on the 68h floor of the Aon Center. It’s the largest… Read more
Melrose Park’s Westlake Hospital Gets Reprieve on Closure
Westlake Hospital in Melrose Park, IL must remain open until a state board can review owner Pipeline Health’s application to… Read more
Ares Takes Majority Stake in Aqua Apartments
An affiliate of Los Angeles-based Ares Management has acquired a majority stake in the Aqua Tower apartments, Crain’s Chicago Business… Read more
Muinzer Adds to Purdue-Area Student Housing Portfolio
Muinzer and South Street Capital have acquired a 528-bed student housing portfolio next to Purdue University in West Lafayette, IN for $33.5 million.… Read more
REI Opens Second Riverfront Store in Chicago
Mayor Rahm Emanuel and REI Co-op recently opened a new two-story store on the banks of Chicago River’s North Branch.… Read more
Missner Group Inks One New Lease, Two Renewals
The Missner Group has inked one new lease and two lease renewals, spanning the firm’s Touhy Industrial Plaza in Des… Read more
National Equity Fund Names New President and CEO
Low-income housing tax credit syndicator National Equity Fund (NEF) has named Matthew Reilein as president and CEO, effective June 1. Reilein will… Read more
Duke Inks Deal with Automotive, Chemical Company in IL
Duke Realty Corporation signed a lease with Old World Industries to occupy all of Crossroads Parkway 605, a 354,400-square-foot building… Read more
Addison & Clark’s Apartments Earn LEED Silver Plaudit
Even as the mixed-use Addison & Clark development in Lakeview continues to grow its roster of retailers as well as… Read more
CBD Drives Chicago Office Growth in Q1
Downtown drove growth in the Chicago region’s office market during the first quarter, according to Cushman & Wakefield. This was… Read more
Soccer Franchise in Talks for Return to Soldier Field
The Chicago Fire soccer franchise, 49% owned by Joe Mansueto, is in talks with the Village of Bridgeview, IL to… Read more
Pritzker’s Signature Clears Path for Thompson Center Sale
Gov. JB Pritzker has signed a measure authorizing the sale of the James R. Thompson Center, a state office complex… Read more
Connect Media Adds Marketing/Events Veteran Carol Atkins to Chicago Team
Connect Media is pleased to announce that it has retained Carol Atkins, President, A.M. Real Estate Communications, LLC, to produce its Connect… Read more
Co-living Crusade Finding a Home in U.S.
By Dennis Kaiser Co-living is the newly-arriving cousin to co-working, a workspace movement that has spread across the country in… Read more
W. P. Carey Completes $188M in Investments
New York-based W. P. Carey Inc. completed five investments across multiple state totaling roughly $188 million. The investments comprise mission-critical… Read more
CAPREIT Makes Second Apartment Buy in Michigan
CAPREIT has acquired Silver Lake Hills, a 310-unit market-rate apartment community in Fenton, MI, for an undisclosed sum. It’s the… Read more
Chicago Region Ranks Second in U.S. for Industrial Builds
Chicago ranks second only to the Inland Empire for its industrial development pipeline, according to CommercialCafe’s US Industrial Pipeline report.… Read more
Developer-Builder JV Targets $1B in O-Zone Projects
A trio of Chicago real estate veterans has launched Decennial Group, a national platform to invest in Opportunity Zones. The… Read more
WeWork Grows Chicago Footprint by Nearly 200K SF
WeWork said Thursday it’s adding its 10th and 11th Chicago locations, totaling nearly 200,000 square feet. The co-working brand is… Read more