Illinois
Pre-Leasing Begins at Rogers Park MXU
The Habitat Company has begun pre-leasing for 111 apartments at The Concord at Sheridan, a mixed-use, mixed-income development at 6438 N. Sheridan Rd. in… Read more
Drew Nieman Rejoins Former Colleague at Riverside
CBRE EVP Drew Nieman has joined Riverside Investment & Development as the locally-based firm’s fifth principal, Crain’s Chicago Business reported.… Read more
CHA Plans Mixed-Income Apartments in Back of the Yards
The Chicago Housing Authority (CHA) will acquire the long-vacant Aronson Furniture property at 4630 S. Ashland Ave. in the South… Read more
Ridgeline Launches Three-Building Industrial in Melrose Park
Ridgeline Property Group has launched work on its newest development, Chariot Logistics Center, a three-building, 623,000-square-foot industrial project in Melrose… Read more
Chicago’s CBD is Still a Landlord’s Market
Although rental rate growth has moderated, the fundamentals of the downtown Chicago office market have yet to turn favorable to… Read more
Lincoln Common’s Rental Towers See First Move-Ins
The first move-ins have begun setting up housekeeping at the Apartments at Lincoln Common, the rental apartment component of Hines… Read more
Chicago’s Industrial Building Boom Shows No Letup
Industrial construction in the Chicago region is up, way up, compared to a year ago, says Colliers International. And the… Read more
Essex Realty Brokers Sale in Kenwood Opportunity Zone
Essex Realty Group’s Brian Mond has arranged the sale of a 62-unit apartment property within an Opportunity Zone in the… Read more
Clear Height Properties Takes Bigger Space in Move from River North
Coming off a year of growth in both staff and property portfolio, Clear Height Properties has completed an office lease… Read more
NYC Family Offices Buy in Fast-Growing Des Moines Suburb
Besyata Investment Group and the Scharf Group, both New York City-based family offices, have completed the Phase II acquisition of… Read more
Woodmont Plans Four-Building Retail in “Underserved” Grayslake
The Woodmont Company plans to develop Washington & Barron Commons, a four-building retail center in the Chicago suburb of Grayslake,… Read more
North Wells Snaps Up River North Parcel
North Wells Capital has expanded its development portfolio with a surface parking lot located at 320 W. Huron St. between… Read more
CTA Cuts Ribbon on Modernized Belmont Transit Hub
The Chicago Transit Authority has cut the ribbon on a $17-million upgrade of the Belmont Transit Center on the city’s… Read more
Downtown Evanston Office Trades for $10M+
Marcus & Millichap has brokered the sale of 820 Davis St., a 76,239-square-foot, five-story office building in downtown Evanston, IL for $10.6… Read more
XSell, Glassdoor Will Expand Chicago Footprints
Two tech firms in as many days have announced plans to ramp up tech hiring locally. On Thursday, Glassdoor said… Read more
JLL Arranges Acquisition Debt on Twin Cities Office Park
A JLL Capital Markets team has arranged a $52.5-million loan to finance the acquisition of Grand Oak Business Park, a… Read more
Illinois Rent Control Bill Stalls in Committee
A bill to overturn Illinois’ statewide ban on rent control has stalled in committee, possibly killing it for the remainder… Read more
AT&T Campus in Hoffman Estates Set for Transformation
The former AT&T campus in Hoffman Estates will be getting the Bell Works treatment. Somerset Development, which transformed a two-million-square-foot… Read more
Kiser Markets 300+ Apartments in Englewood O-Zone
New Englewood Terrace Apartments has been listed for sale by the Kiser Group. The 304-unit, 23-story building in Englewood is… Read more