Illinois
BlueCrew Joins Long Line of Tech Firms in Chicago
San Francisco-based no more, on-demand staffing platform BlueCrew cut the ribbon Thursday on its new headquarters at Vornado Realty Trust’s… Read more
SMS Assist Hires Former Bain Capital EVP
Property management platform SMS Assist has hired Graham Blackwell as chief strategy and revenue officer. Blackwell (pictured) was most recently… Read more
Cawley Arranges Sale of Brighton Park Industrial
Cawley Chicago’s Frank Melchert and Stevan Arandjelovic helped facilitate the sale of a 70,000-square-foot industrial building at 3590 Karlov Ave.… Read more
Bridge Development Promotes Groetsema to Newly-Created COO Spot
Bridge Development Partners has promoted Chicago-based Steve Groetsema to COO. Groetsema (pictured) will support Bridge’s continued national and international industrial real estate portfolio… Read more
IPA Brokers Sale of SNF in Palos Heights
Institutional Property Advisors (IPA) a division of Marcus & Millichap , has finalized the sale of a 97-unit, 193-bed skilled nursing facility in Palos Heights,… Read more
Transwestern Brokers New HQ for InnerWorkings
Transwestern Commercial Services (TCS) has brokered a 41,443-square-foot lease for InnerWorkings Inc.’s global headquarters at 203 N. LaSalle St. The company… Read more
Construction Begins on O’Hare 21 Expansion
Construction has begun on the first in a series of O’Hare 21 expansion projects at O’Hare International Airport. City officials… Read more
Google’s Plans for New York: Continue Growing
“We’ve been growing in New York, year after year” since establishing a small sales office locally, Google’s Paul Darrah told… Read more
Multifamily Numbers and Opportunity Zones
A great deal has been written about the Opportunity Zone program. Passed in December 2017 as part of the Tax… Read more
Webinar: Rent Control Does Not Increase Affordability
By Amy Sorter In mid-February 2019, lawmakers in the Illinois General Assembly introducedHB 2191. If passed, the bill would repeal… Read more
Kiser Partners on Sale of LIHTC Apartments in Old Town
Kiser Group and Affordable Housing Investment Brokerage recently brokered the sale of Renaissance North in Chicago’s Old Town neighborhood for… Read more
Lee Illinois Bolsters Chicagoland Industrial Team
Lee & Associates of Illinois has added Michael O’Leary to its industrial team. In his new position at Lee, O’Leary… Read more
Bellwether Arranges Refi on Two St. Paul-Area Apartment Houses
Bellwether Enterprise Real Estate Capital LLC has closed on a combined $32 million in two loans to refinance two multifamily… Read more
JLL’s HFF Buy to Boost Capital Markets Platform
Chicago-based JLL is acquiring HFF, which is headquartered in Dallas, to bolster its capital markets platform. The $2 billion acquisition… Read more
Proposal Would Triple Transfer Tax for Larger Commercial Sales
Civic organization the Metropolitan Planning Council (MPC) is supporting a proposal to triple the city’s real estate transfer tax for… Read more
Urbanspace Plans Second Downtown Food Hall
Food hall operator Urbanspace plans to open its second Chicago location, with a 12,000-square-foot space at the former home of… Read more
Conor Commercial, Globe Corp. Divest Arizona Facility for $27M
Rosemont, IL-based Conor Commercial Real Estate and Globe Corporation sold AZ|60 Industrial, a two-building, 225,600-square-foot facility in Gilbert, AZ for… Read more
Wisconsin Industrial Set for Self-Storage Conversion
An affiliate of Milwaukee-based Phoenix Investors plans to convert an industrial facility located at 7505 Durand Ave. in Mount Pleasant,… Read more
Top Broker Honorees: Mark Myers, Joshua Jandris and Charles Hilding
The Chicago-based team of Mark Myers, Joshua Jandris and Charles Hilding at Institutional Property Advisors, a division of Marcus &… Read more