Illinois
Plymouth REIT Checks Off the Boxes with Southwest Suburbs Buy
Plymouth Industrial REIT has acquired a multi-tenant Class B industrial building for $5 million in cash. The 73,785-square-foot 44 Tower… Read more
Stantec Takes Lead on CTA’s $2B Red and Purple Line Upgrades
The Chicago Transit Authority has selected a design-build team led by Stantec for Phase One of the Red and Purple… Read more
American Street Capital Lines Up Cash-Out Debt on South Side Portfolio
American Street Capital (ASC) has arranged $15.4 million in permanent loans for the cash-out refinance of a seven-building multifamily portfolio… Read more
Tishman Speyer Makes Entry into Fulton Market District
Tishman Speyer is reportedly making its first foray into the Fulton Market District, via a joint venture with veteran local… Read more
Research Platform Tegus Relocates to 120 South LaSalle
Colliers International Chicago’s Tony Karmin and Joe Stevens represented Tegus, a fast-growing primary research platform for institutional investors, in its… Read moreStag Industrial Sells 1.8M-SF, Six-State Portfolio for $114M
Boston-based Stag Industrial, Inc. sold a 1.8-million-square-foot industrial portfolio comprised of seven single tenant buildings in six states for $113.5 million.… Read more
National Equity Fund CEO Hagan to Step Down
Chicago-based National Equity Fund (NEF), a leading syndicator of the low-income housing tax credits program, said that president and CEO… Read more
QSR Garners Brand’s Highest Price/SF in Midwest
Hanley Investment Group Real Estate Advisors recently arranged the sale of a new single-tenant Raising Cane’s Chicken Fingers quick-service restaurant in the Twin… Read more
CTA Launches Wi-Fi Pilot Program at Subway Stations
The Chicago Transit Authority has launched a pilot program of free Wi-Fi network service, beginning with its Clark/Lake Blue Line… Read more
Podolsky Circle Arranges Sale, Financing on Crystal Lake Industrial
Podolsky Circle CORFAC International represented the buyer in the sale and financing of 300 Millennium Dr. a fully-leased industrial property… Read more
One11 Advisers Launches as Spinoff from GPG
Industry veterans Jim Carr and Scott Morey, formerly with GPG Advisers, have launched One11 Advisors, a real estate management consulting firm. The new spinoff… Read more
First Logistics Takes 330K SF in Chicago at J.P. Morgan’s, MAT’s Marina Crossings
Marina Crossings Owner, LLC, secured its first tenant at 2075 W. 43rd Street, an infill industrial development in Chicago. First Logistics,… Read more
Jim McArthur to Lead Red Capital Group Expansion into L.A.
Red Mortgage Capital, a division of Orix Real Estate Capital, LLC, continues to expand its national presence, opening a new… Read more
Chicago Tourism Notches New Annual Peak
Chicago tourism grew by 4.3% in 2018, according to Choose Chicago, the city’s convention and visitor marketing agency. The year saw… Read more
Transwestern Brokers Full-Building Lease for 3PL Provider
Transwestern has brokered a full-building industrial lease of 343,410 square feet for ODW Logistics Inc. at 5300 Proviso Dr. in Melrose Park, IL. SVP John… Read more
Mid-America Brokers Retail Center Sale in Jackson, MI
Mid-America Real Estate Corporation’s investment sales team recently brokered the sale of Jackson West in Jackson, MI. The 209,800-square-foot retail center was… Read more
Oakwood Rebrands River North Acquisition for Corporate Housing
Mapletree Investments’ Oakwood subsidiary has acquired Jones Chicago, a 188-unit River North apartment property, from developers Fred Latsko and Gerdling… Read more
Bringing Turnkey Rentals to Boston
Add Boston to the roster of markets for Blueground’s furnished-apartment platform. The Athens-based hospitality tech company is entering the market… Read more
Rogers Park Apt. Sale Sets Per-Unit Pricing Record
A four-story, 81-unit apartment building at 1345 W. Estes Ave. in Chicago’s Rogers Park neighborhood has traded in a deal… Read more