Illinois
Fashion Retailer Claire’s Files for Second Chapter 11 Bankruptcy
Claire’s Holdings LLC and certain of its U.S. and Gibraltar-based subsidiaries, the operator of Claire’s and Icing stores across the U.S., said… Read more
Brennan’s Opportunity Fund Acquires Fifth Property
Brennan Investment Group has acquired a 97,568-square-foot, multi-tenant industrial property in Addison, Illinois. Located near the I-355 expressway in the… Read more
32-Story MXU Tower Breaks Ground in Chicago’s Fulton Market
Developer Vista Property and its general contractor, Skender, held a groundbreaking ceremony on a new 32-story mixed-use multifamily tower at… Read more
Vornado Eyes Selling Chicago’s Merchandise Mart
Vornado Realty Trust may be looking to sell its Merchandise Mart, also known as The Mart, in Chicago. Vornado chairman… Read more
Apollo to Acquire Majority Stake in Stream Data Centers
Apollo said Wednesday it has agreed to acquire a majority interest in Stream Data Centers (SDC) from Stream Realty Partners… Read more
Vornado CEO: Chicago, San Francisco Assets May Be for Sale
Calling Manhattan “the strongest real estate market in the country,” Vornado Realty Trust chairman and CEO Steven Roth said Tuesday… Read more
Related Midwest Opens Playground at Old Town Housing Property
Related Midwest, the Related Affordable Foundation and Related Affordable Management Company recently celebrated the opening of a newly renovated playground… Read more
SVN Chicago Brokers Sale of MF Development Site in Roscoe Village
SVN Chicago Commercial completed the sale of an 80,000-square-foot land parcel with approximately 300 feet of Chicago River frontage, located… Read more
Queen Creek Battery Maker Reveals Open Date
LG Energy Solution Ltd.’s (LGES) battery factory in Queen Creek is preparing to open next summer. The Phoenix Business Journal… Read more
CRG Breaks Ground on 86K-SF Industrial Facility Near Chicago
CRG has broken ground on The Cubes at Cicero, a new 85,680-square-foot warehouse at 5401 W. Roosevelt Road in Cicero,… Read more
Report: Chicago Industrial Market Sees Uptick in Leasing
Chicago’s industrial sector saw a significant rebound in Q2 2025, as strong tenant demand drove new leasing activity to 10.7… Read more
Econic Partners Leases Office at Chicago’s Diamond Tower
National economic consulting firm Econic Partners LLC has signed on for more than 18,700 square feet at the Diamond at… Read more
Greenstone Brokers Sale of 110K-SF Naperville Office Building
Greenstone Partners has completed the sale of 387 Shuman Boulevard, a 110,000-square-foot office building located in Naperville. Greenstone Partners’ Jason… Read more
Adaptive Reuse Project Debuts in Chicago’s Austin Neighborhood
The Aspire Center for Workforce Innovation has officially opened its doors in Chicago’s Austin neighborhood, marking the culmination of a… Read more
Path Construction Begins Residential Conversion in River North
Path Construction has officially started construction on the residential conversion of 111 W Illinois Street in Chicago’s River North neighborhood.… Read more
Chicago/Midwest People & Company News, week of August 1, 2025
JLL has appointed of Robert Koshgarian as National Director of Sports and Entertainment within the Project and Development Services. As… Read more
Essex Facilitates Sale of Villa Park Apartment Buildings
Essex Realty Group has arranged the sale of two neighboring apartment buildings at 329 & 331 N. Ardmore Ave., located… Read more
Crescent Grove Advisors Expands to Larger Office in Lake Forest
Crescent Grove Advisors, a wealth management firm with $5 billion in assets under management, has relocated its corporate headquarters in… Read more
Major U.S. Office Markets See Wide Disparities in Demand During Q2
Office demand diverged sharply across major U.S markets in the second quarter of 2025, with some cities experiencing strong annual… Read more