Illinois
Group Seeks Answers on Making Chicago a “First Tier” Tech Hub
A group led by Penny Pritzker and software company founder Chris Gladwin hopes to devise a plan for making Chicago… Read more
Judge in Obama Center Suit Won’t Let Case Drag On
A federal judge overseeing an environmental group’s lawsuit to halt construction of the Obama Presidential Center in Jackson Park said… Read more
Pair of BioLife Plasma Locations Trades for $16M
The Boulder Group has completed the sale of a two-property portfolio of BioLife Plasma locations in West Des Moines, IA… Read more
Lab Equipment Maker Signs BTS in Lincolnshire
Heathrow Scientific has signed a build-to-suit agreement at 325 Marriott Dr. in Lincolnshire, IL, for 186,616 square feet. The property… Read more
Berkadia Supplies Financing on CEDARst Apartments
Berkadia has arranged $49 million in financing for The Duncan, a redevelopment of the former Salvation Army Freedom Center at… Read more
Eisenberg Foundation Holds Record Fundraiser for Cancer Research
The Harold E. Eisenberg Foundation’s 20th Annual Dinner earlier this month raised a record-breaking $560,000 to benefit the foundation’s two-pronged… Read more
$12 Billion Capital Surplus for U.S. Commercial Real Estate
More capital crossed U.S. borders in both directions during H1 2018, with foreign inflow up by 29% from H1 2017… Read more
Music School Tunes Up for Lincoln Park Sale
The Old Town School of Folk Music is selling the Lincoln Park building it has occupied since 1968, Crain’s Chicago… Read more
Dayton Street Signs VIATechnik in Fulton District
Dayton Street Partners has arranged a 6,350-square-foot lease at 1500 W. Carroll Ave. for VIATechnik. VIATechnik will take the entire… Read more
U-Haul Adapting Former Grocery into Self-Storage
U-Haul plans to open its first company-owned and-operated retail and self-storage facility in 2019. The company plans to carve out… Read more
Chicago-Based Firms Launch Opportunity Zone Fund
Cresset Capital Management has partnered with Diversified Real Estate Capital to launch a new fund that will invest and create… Read more
Green Courte Grows Land-Lease Portfolio with MI Deal
Green Courte Partners has acquired a portfolio of eight land-lease communities in Michigan containing 2,906 sites. Financial terms weren’t disclosed.… Read more
John Thomas Hired to Head Transwestern Development’s Logistics Group
Transwestern Development Co. is expanding its logistics group, previously called Ridge, with the hire of industry veteran John Thomas. Thomas,… Read more
CenterPoint Claims City of Industry Asset
There is still time to joins us at Connect Inland Empire on October 24th at the Ontario Convention Center. Get more information… Read more
What’s Driving Down Self Storage Rents?
New self storage deliveries pushed U.S. rent rates down in September 2018, according to research by Santa Barbara, CA-based Yardi… Read more
RJW Transport Continues Rapid Chicago-Area Expansion
RJW Transport signed a 416,504-square-foot lease at 50 Southcreek Parkway in Romeoville, IL, in what ranks as the largest new… Read more
Revamped Schools HQ Close to a Sale
A venture of Commerz Real is in advanced discussions to acquire 125 S. Clark St., the revamped Loop office property… Read more
Entre Brokers McHenry Office Sale
Entre Commercial Realty has brokered the sale of a 65,000-square-foot office/flex building located at 1391 Corporate Drive in McHenry, IL… Read more
City Aims to Boost TOD on High-Capacity Bus Lines
As part of Mayor Rahm Emanuel’s 2019 proposed budget, the city will allocate $5 million to support his plan to… Read more