Illinois
Lincoln Yards TIF Funding Gets Another Thumbs-Up
Chicago’s Community Development Commission voted unanimously to support the creation of a Tax Increment Financing (TIF) district that would include… Read more
Cawley Chicago Brokers Pair of Industrial Sales
Cawley Chicago’s Jack Brennan and Daniel Cawley recently completed two separate industrial sales in Chicagoland. In both transactions, they represented… Read more
Judge Okays Lawsuit Against Obama Center Project
A federal judge has ruled that a parks-advocacy group’s lawsuit seeking to prevent construction of former President Barack Obama’s $500-million… Read more
Conor Launches Third Spec Project at Elgin Industrial Park
Conor Commercial Real Estate and Globe Corporation have begun construction on Northwest Pointe III, a speculative industrial development in Elgin,… Read more
CushWake Adds Gregory Kirsch to Lead Midwest Retail Leasing
Chicago retail leasing veteran Gregory Kirsch has joined Cushman & Wakefield to lead Midwest retail leasing. He has joined the… Read more
First Western Brokers Deal for Douglas Park Multifamily
First Western Properties has arranged the sale of Douglas Park Flats, a 32-unit multifamily property in the West Side’s Douglas… Read more
Cleveland-Area Tesla Dealership Goes Up for Sale
Net lease real estate platform B+E is marketing a Tesla retail property in Lyndhurst, OH, near Cleveland. Asking price on… Read more
Cohen Financial Arranges Debt for Streeterville Hotel Deal
Cohen Financial has closed a $16.85 million loan with Prime Financial to finance the acquisition of the Ivy Hotel, a… Read more
Inland Income Trust Shifts Focus to Grocery-Anchored Centers
Inland Real Estate Income Trust said recently its long-term strategic plan is to move toward a liquidity event, most likely… Read more
Acquisition, Bridge Debt Financing Secured for Chicago Data Center Portfolio
A venture between New York-based Safanad, Industry Capital and Element Critical secured debt financing for CH1 and CH2, a two-property… Read more
CMBS Opportunity Zone Properties Exceed $65B, So Far
Since the Opportunity Zone program was enacted though the Tax Cuts and Jobs Act of 2017, more than $65 billion… Read more
Google Searches for Finance Hub, Finds Chicago
Google has selected Chicago as its new hub for finance, with plans to add hundreds of jobs locally over the… Read more
Fleet and Facility Management’s New HQ Debuts in Englewood
City officials including Mayor Rahm Emanuel cut the ribbon recently on the Department of Fleet and Facility Management’s (2FM) new… Read more
Urban Rock Climbing Coming to Williamsburg
Cushman & Wakefield has arranged a 30,598-square-foot, long-term lease for a Brooklyn Boulders urban rock climbing facility at 87 Kent Ave.… Read more
Tribune Media Puts River District Tract on the Market
Tribune Media has hired Eastdil Secured to market the 37-acre River West tract it planned to develop in partnership with… Read more
12-Unit Mixed-Use Property Changes Hands in Albany Park
A 12-unit mixed-use property in the North Side’s Albany Park neighborhood has traded for $1,325,000. Marcus & Millichap’s Anthony Catanese… Read more
CBRE’s Latessa Named to Inaugural Daniel Burnham Fellowship
John Latessa, president of CBRE’s Midwest Division, was recently named to the inaugural class of Leadership Greater Chicago’s Daniel Burnham Fellowship.… Read more
USG’s 220K-SF Global HQ to Remain at Chicago Tower
USG Corporation restructured and secured a 10-year lease extension for its 220,000-square-foot global headquarters space at 550 W. Adams St.… Read more
Colliers Team Brings Oberg Medical in from the Suburbs
Colliers International | Chicago’s Chris Volkert and Brendan Green represented Oberg Medical Products Company in a full-building industrial lease at 4311… Read more