Illinois
United Airlines Eyes Other Headquarters Options
Four-and-a-half years ahead of its lease expiration option at Willis Tower, United Airlines has been talking with developers behind some… Read more
West Ridge Mixed-Use Trades in High-Traffic Corridor
Essex Realty Group has arranged the sale of 2349 W. Devon Ave., a 32-unit mixed-use building in the North Side’s… Read more
Balke Brown Transwestern Plans 330-Acre Development in Southern Illinois
Balke Brown Transwestern was selected by Southern Illinois University Edwardsville’s University Park to market and develop 330 acres of land… Read more
Evanston Apartments Trade Near Northwestern U.
Kiser Group brokered the $17.025-million sale of an apartment portfolio in Evanston, IL. The undisclosed buyer acquired the 87 apartments… Read more
HERE Maps Out Big HQ Space at 100 North Riverside
Mapping and location platform HERE Technologies, has opted for Chicago as its North American headquarters. The company will occupy more… Read more
Mixed-Use Portfolio Fetches Hyde Park’s Highest Price YTD
Interra Realty has brokered the $8.7-million sale of a portfolio of multifamily and mixed-use properties located near the intersection of… Read more
Schnuck Markets Buying 19 St. Louis-Area Stores from Supervalu
Minneapolis-based Supervalu Inc. is selling 19 of its 36 Shop ‘n Save grocery stores, primarily located in the St. Louis,… Read more
Heitman Adds SVP in Client Services
Scott Napier (pictured) has joined Heitman LLC as SVP, client service and marketing. Based at Heitman’s Chicago headquarters, he’s now… Read more
City to Offer Obama Foundation 99-Year Lease on Center
Under a proposed land-use ordinance, the Obama Foundation will be offered a 99-year lease on the Obama Presidential Center it… Read more
O’Hare Tops Airport Rankings for Connections
O’Hare International Airport has been named the best-connected U.S. airport in the nation for 2018, and a leading international hub… Read more
ADR, RevPAR Increase Modestly Across Central Midwest
Although hotel occupancy remained flat across the Central Midwest, regional ADR and RevPAR registered modest increases during the year ending… Read more
Spec Industrial is on the Rise, And So is Demand (Video)
(Second of two parts) Chicago’s industrial sector is among the busiest in the nation, from the standpoint of both leasing… Read more
Office, Industrial Markets Q&A with Colliers’ David Amsterdam
Creative workspaces are shaping the office environment across the country in new and interesting ways. Connect Media asked Colliers International’s David… Read more
Senior Affordable MF Investment Property Sells in Chicago
Willa Rawls Manor, a 123-unit senior affordable multifamily investment property in Chicago has traded hands. Total value of the transaction… Read more
Investcorp Claims 7-Market, 4.5M-SF Industrial Portfolio for $300M
New York-based Investcorp acquired its largest U.S. warehouse portfolio, totaling roughly 4.5 million square feet, for a total purchase price… Read more
HUD Loan Makes Lansing Developer’s 10-Year Dream a Reality
Greystone has provided a $17-million HUD-insured loan for a 145-unit apartment community to be built blocks from the Michigan state… Read more
Net Leased Grocery Trades to Overseas Buyer
The Boulder Group has completed the sale of a property net leased to Jewel Osco in Bourbonnais, IL. The 62,000-square-foot… Read more
Red Roof Goes Upscale with Streeterville Hotel
Red Roof has introduced a more upscale brand with the opening of the St. Clair Hotel in Chicago’s Streeterville neighborhood.… Read more
Industry Veteran Bertrand Joins Transwestern in Agency Leasing
Kathleen Bertrand has joined Transwestern’s agency leasing group in Chicago as SVP. She’ll be responsible for overseeing leasing and marketing… Read more