Illinois
Region’s Mayors Want Gas Tax Hike for Roads, Transit
Northeastern Illinois’ Metropolitan Mayors Caucus, including Chicago’s Rahm Emanuel, is calling for a gas tax increase to help fund a… Read more
Faris Lee Closes Sale of Repositioned St. Charles Retail
Faris Lee Investments has completed the sale of a 171,564-square-foot community center in the western suburb of Saint Charles, IL.… Read more
CEDARst Lands $116M Financing for Uptown MXU
CEDARst Companies has secured nearly $116 million in financing, including $41 million of equity, for The Draper at 5050 N.… Read more
Associated Bank Provides Construction Loan for Lakeview Retail
Associated Bank has closed on a $4.1-million construction loan to GW Clybourn LLC for a new 3,000-square-foot building that will… Read more
Essex Realty’s Mond Brokers South Shore Sale
Essex Realty Group’s Brian Mond has brokered a deal for 7700 S. South Shore Dr., a 27-unit multifamily property in… Read more
BMO Will Anchor New West Loop Tower
BMO Financial Group will anchor a 700-foot office tower to be developed by Riverside Investment & Development and Convexity Properties… Read more
Neely Joins J.P. Morgan Asset Management as Central U.S., Canada Institutional Head
J.P. Morgan Asset Management appointed Stephanie D. Neely as Managing Director and Head of Central US and Canada Region for North… Read more
Chicago Lags U.S. Average in Home Equity Gains
Chicago-area homeowners’ average home equity gain has lagged behind the national average this year, CoreLogic reported. Homeowners in the metro… Read more
New-Build Old Town Apartments Trade in 1031 Deal
Essex Realty Group has arranged the $24.5-million sale of The Northland Apartments at 1550 N. Wieland St. in Chicago’s Old… Read more
Kudan Brokers Bolingbrook Restaurant Sale/Lease
The Kudan Group’s Chad Severson recently facilitated the sale and lease assignment of Chick N Run Restaurant at 126 W.… Read more
Fast Park Opens First Chicago Site Near Midway Airport
Offsite airport parking company Fast Park has opened its first Chicago facility, down the road from Chicago Midway International Airport… Read more
Amazon Go Gets Going Nationwide
We all knew it was just a matter of time before Amazon’s cashierless concept took off and catapulted across the… Read more
U.S. Study: Can Freelancers Cope with the Cost of Living?
Did you know that about 57 million people in America are freelancers? Since freelancers have to take into account business… Read more
Sears Chairman Makes $4.6B Bid for Bankrupt Retailer
Sears Holdings chairman Eddie Lampert is proposing to buy the bankrupt retailer’s remaining 500 stores along with other businesses in… Read more
Pilsen Takes First Step to Becoming Landmark District
The Commission on Chicago Landmarks has given a preliminary recommendation to establish the West Side’s Pilsen neighborhood as a landmark… Read more
Busy South Shore MF Market Racks Up Another Sale
Marcus & Millichap has arranged the sale of a 16-unit apartment property in the South Shore neighborhood. The asset sold… Read more
Hanley Arranges Trio of Net-Leased Retail Deals
Hanley Investment Group Real Estate Advisors recently completed sales of three single-tenant retail properties in Illinois in separate transactions for… Read more
Spaces Begins Pre-leasing at Boutique Rental in Old Town
Spaces Real Estate has begun pre-leasing at Sedgwick Properties’ 1325 N. Wells, a new boutique rental community in the North… Read more
Pre-Leasing Strong on Two New Meritex Builds
Meritex is nearing completion on two 144,000-square-foot bulk-distribution buildings in the Minneapolis suburb of Roseville, MN, totaling 288,000 square feet.… Read more