Illinois
Lincoln Yards Wins Plan Commission Approval
Sterling Bay’s massive Lincoln Yards project has cleared another hurdle, as the Chicago Plan Commission voted to approve the development.… Read more
Live-Work Portfolio Changes Hands in Evanston
Marcus & Millichap’s Stephen Lieberman and Peter Doughty have arranged the sale of five multifamily/office mixed-use properties in the North… Read more
Broadstone Bags 18-Building Elliott Bay MOB Portfolio
Rochester, NY-based Broadstone Net Lease bought the Elliott Bay National Medical Office Portfolio, an 18-building portfolio of outpatient facilities leased… Read more
Standalone Jewel-Osco Trades in 1031 Exchange
The Boulder Group recently completed the sale of a single-tenant net leased Jewel-Osco property at 1660 Larking Ave., Elgin, IL… Read more
River City Condo Deconversion Lands $94M First Mortgage
Maverick Commercial Mortgage has closed on a $93.8-million first mortgage loan for River City, a 447-unit condominium building in the… Read more
Waterton Takes Controlling Stake in Senior Living Operator
Waterton has acquired a controlling interest in senior living owner/operator Pathway to Living. Terms were not disclosed. The two Chicago-based companies… Read more
SMS Assist Promotes CFO Shiffman to President
SMS Assist has promoted Marc Shiffman to president. He assumes his new duties immediately, while also continuing as CFO. Shiffman… Read more
Put a Top CRE Broker into the Spotlight
For the second year in a row, Connect Commercial Real Estate will be spotlighting the industry’s top brokers. We’re inviting… Read more
Economic Incentives Expert Joins Colliers in Chicago
Bob Westover has joined Colliers International, Chicago as SVP—Central market leader in state and government incentives. In addition to expanding… Read more
Ashley Capital Launches 2nd of 4 Industrial Builds Near Racine
Ashley Capital has begun construction on a 438,000-square-foot speculative building at 11201 Enterprise Way in its Enterprise Business Park in… Read more
Digital Realty Expands Internet Exchange Platform to Chicago
Data center REIT Digital Realty has expanded its Digital Realty Internet Exchange (DRIX) platform to data centers on Chicago’s South… Read more
Construction Kicks Off on Edgewater Apartments
Summit Design + Build, along with developer City Pads, Catapult Real Estate Solutions and Cagan Management Group, recently started construction… Read more
“Rarely Available” Townhome Rentals Come to Market
Essex Realty Group has been hired to sell a portfolio of 27 rental townhomes located in Chicago’s affluent suburbs of… Read more
Beacon Capital Closes $1.6B Office Fund
Boston-based Beacon Capital Partners, LLC held its final close on Beacon Capital Strategic Partners 8, L.P. (BCSP 8). The commingled… Read more
NKF Handles 271K-SF Lease Extension in Bedford Park, IL
Assemblers, Inc. signed a 270,789-square-foot lease extension at GLP’s Bedford Park Corporate Center in Bedford Park, IL. The facility at… Read more
RE Tech Firm Truss Completes $15M Funding Round
Commercial space platform Truss has completed a $15-million Series A-2 funding round. The round was led by General Catalyst, which has… Read more
Industrial Specialist Joins NAI Hiffman as SVP
Steve Bass (pictured) has joined NAI Hiffman as SVP with the industrial services team. He brings more than 15 years… Read more
Optima Offers Coworking Space at Streeterville Resi Tower
Multifamily owner/developer Optima Inc. is getting into the coworking sector with commercial office suites at Optima Signature, a 57-story apartment tower in… Read more
Evergreen Tops Out Affordable Apartments in Albany Park
Three months after breaking ground on Oso Apartments, Evergreen Real Estate Group and the Chicago Housing Authority have topped off… Read more