Illinois
Colliers Relocates Downtown Ops to 71 S. Wacker
Colliers International | Chicago has moved its downtown operations into approximately 17,000 square feet of new office space at the… Read more
WeWork Takes 60K SF for Ninth Chicago Site
WeWork is set to open its ninth Chicago location, the company confirmed Tuesday. The coworking giant has leased more than… Read more
CA Ventures Launches Property Management Entity
CA Ventures has expanded its property management services under a new entity, CA Management Services (CAMS), and announced the promotion… Read more
Marquette, LEF Buy Glenview “Diamond in the Rough”
HFF’s Matthew Schoenfeldt has arranged $27.5 million in acquisition financing for Valley Lo Tower II, a 112-unit, mid-rise apartment community… Read more
Mega-Projects’ Chief Hurdle: Lack of Transit
A major factor in the Emanuel administration joining the Metropolitan Mayors Caucus’ call for a statewide transportation capital bill is… Read more
Lakefront Apartments Trade in Rogers Park
Essex Realty Group has brokered the sale of 7609 N. Eastlake Terr., a/k/a The Beach House Chicago. The property is… Read more
NKF’s Chapa and Prost Arrange 2 SE Wisconsin Ind. Deals
NKF’s Sergio Chapa (pictured) and Michael Prost recently arranged two Southeast Wisconsin industrial leases totaling approximately 80,000 square feet. In… Read more
Council Okays Emanuel’s Five-Year Housing Plan
The City Council has approved Mayor Rahm Emanuel’s $1.4-billion five-year plan for housing initiatives, including investments in affordable rental stock… Read more
Maverick Finances Condor’s Pilsen Office Build
Maverick Commercial Mortgage has arranged funding for a loft-style office development in the West Side’s Pilsen. Condor Partners’ Mural Park… Read more
Spaces Begins Pre-leasing on 2nd Sedgwick Property This Month
Shortly after pre-leasing began at one Sedgwick Properties rental in Old Town, Spaces Real Estate has gotten things underway at… Read more
J.C. Anderson Completes Kia Buildout in Lombard
J.C. Anderson has completed a renovation for Kia Motors America’s training center in Lombard, IL. The buildout included the addition… Read more
Irvine Company Leases Nearly 218K SF at Trophy Chicago Tower
Irvine Company Office Properties signed seven new leases totaling 217,844 square feet at 71 South Wacker, the 48-story, 1.5-million-square-foot modern… Read more
Lendlease, John Buck Break Ground in West Loop
Lendlease, co-developer The John Buck Company, and partner Intercontinental Real Estate Corporation broke ground on 845 West Madison, a two-tower… Read more
Interra Brokers South Shore’s 2nd Largest MF Deal of 2018
Interra Realty has brokered the sale of a 61-unit multifamily development at 7131-51 S. Bennett Ave. in the South Shore… Read more
Ferrara Will Relocate from Suburbs to Old Post Office
Ferrara Candy Company, founded in Chicago more than a century ago, is coming back to the city. It will occupy… Read more
Detroit Multifamily Vacancies at Five-Year Low
Even with additional inventory coming on line, the Detroit metro area’s vacancy rate is at a five-year low, says Marcus… Read more
Oak Brook Trustees Approve 22-Story Condo Tower
The Oak Brook Board of Trustees has approved The Butler development of 90 luxury condominiums near the Oakbrook Center. Designed… Read more
Westmount Claims 1.4M-SF Midwest Portfolio
Dallas-based Westmount Realty Capital, LLC acquired a 1.43 million square-foot industrial portfolio in Chicago, Cincinnati and Columbus, OH. Comprised of 12 buildings… Read more
CTA Advances on $4B Red Line Revamps
The Chicago Transit Authority has selected a joint venture of Walsh Construction Company and Fluor as preferred partner to design… Read more