Illinois
Downtown Dominates in Chicago-Area Jobs Growth
The big growth story in Chicago-area employment since the recession ended has been downtown, according to a Crain’s Chicago Business… Read more
Related Midwest Opens 70-story Streeterville Resi Tower
Related Midwest has opened the doors of One Bennett Park in Chicago’s Streeterville neighborhood, with 279 apartments now available for… Read more
Origin Amasses $105M for Opportunity Zone Fund
Private equity real estate firm Origin Investments launched a Qualified Opportunity Zone (QOZ) fund before Thanksgiving, and amassed $105 million… Read more
NKF Arranges Sale, Full-Building Lease in Addison
NKF recently arranged the sale of 133 N. Swift Rd. in Addison, IL. The firm’s Corey Chase and David Stremler… Read more
JLL Says Entity-Level Deals, Primary Markets Drive Q3 Volumes
Boosted by an economy now in its second-longest expansion on record, and with few signs of slowing in the near… Read more
A Millennial Take on Millennials’ Impact on CRE
A Millennial perspective on real estate begins with a keen understanding of Millennials’ impact on real estate. “The omnichannel focus… Read more
Draper and Kramer Names COO Bancroft as New President, CEO
Draper and Kramer has named COO and general counsel Todd Bancroft (pictured) as its next president and CEO. He has… Read more
Obama Center Buzz Fuels South Side MF Sales
Marcus & Millichap has brokered sales of six multifamily properties totaling more than $7.6 million near the planned site of… Read more
Shuttered Kmart in Zion Will Become Self-Storage
Colliers International | Chicago’s Patrick Turner and Brendan Green represented JSM Venture Inc. in the $2.3-million acquisition of a vacant… Read more
“Elevated Pricing” May Bring More Multifamily to Market
By nearly all measures, the Chicago region’s multifamily fundamentals have shown healthy year-over-year gains, Marcus & Millichap reported. Vacancies declined… Read more
Mid-America Brokers Retail Sale in Suburban Detroit
Mid-America Real Estate Corporation’s investment sales team recently brokered the sale of Waterside Marketplace in Chesterfield Township, MI. The sales… Read more
Panattoni Plans Spec Warehouse in I-88 Corridor
Colliers International | Chicago’s Brian Kling and Reed Adler represented Panattoni Development in acquiring a 53.45-acre site on Orchard Gateway… Read more
Trammell Crow Set to Break Ground in Fulton Market
Trammell Crow Company (TCC) and CBRE Global Investors will launch construction this month on a Class A, 300,000-square-foot office tower… Read more
Mesirow’s SLB Group Brings in New VP for Business Development
Zach Fox has joined Mesirow Financial’s Sale-Leaseback Capital group as VP. In this new position, which is based in Chicago,… Read more
Palatine Center Goes from Contract to Close in 10 Weeks
Marcus & Millichap has finalized the sale of a 50,400-square-foot retail property in Palatine, IL. The asset went from contract… Read more
Mission Capital Arranges Thorofare Loan on Mag Mile Parcel
Mission Capital Advisors’ debt and equity finance group has arranged $13 million of non-recourse, floating-rate financing on behalf of an… Read more
Emanuel: “You Can’t Win If You Don’t Compete”
Crystal City and Long Island City’s gain—a share of Amazon’s $5-billion investment in a second headquarters—is Chicago’s loss. Despite a… Read more
Belmont Village Opens Info Center Ahead of New Seniors Facility
Belmont Village Senior Living recently cut the ribbon on the company’s information center in Lincoln Park. The center is now… Read more
Matt Reilein Joins Cresset in Key Role with QOZ Fund
Impact investing veteran Matt Reilein is joining the recently launched Cresset-Diversified Qualified Opportunity Zone Fund and Cresset Partners to lead… Read more