Illinois
3 CRE Q&A: Wright Heerema Architects’ Roger Heerema on Spec Suites
Office building owners are converting hard-to-lease square footage into spec suites, as a way to attract start-ups and other companies… Read more
A Decade After Housing Bust, California Markets Pace Recovery
A decade after the collapse of the housing market and start of the Great Recession, home values have more than… Read more
West Loop Loft Offices Trade at Near-Record Price
A four-story property at 1027-1031 W. Madison St. has traded at one of the highest prices paid on a per-square-foot… Read more
Amazon May or May Not Be Tenant for 2.6M-SF Twin Cities Center
Carmel, IN-based Scannell Properties is planning to build a four-level fulfillment center as part of its 230-acre NorthPark Business Center… Read more
Greenberg Traurig Adds Counsel in Real Estate Practice
Susanna M. Brown has joined the Chicago office of global law firm Greenberg Traurig LLP as counsel in the firm’s real estate practice. Before joining Greenberg… Read more
Faber-Castell Cosmetics Opening U.S. Facility in Elgin
Faber-Castell’s private-label cosmetics platform has leased its first North American manufacturing facility in Elgin, IL. The $9-million facility will produce… Read more
Construction Ebbs for the Second Year in a Row
For the second year in a row, construction activity in the Chicago area is down on a dollar volume basis,… Read more
Culinary School Relocating HQ to Schaumburg
Triumph Higher Education Group is relocating its headquarters to Schaumburg, IL. The culinary school signed a 21,000-square-foot lease at 150… Read more
Essex Realty Closes 2nd Hyde Park Sale in 2 Months
Essex Realty Group has arranged the sale of 5417 S. Drexel Ave. an eight-unit, center-entrance brick apartment building in Chicago’s… Read more
Today’s Skyscraper Boom Can’t Match the Big-Haired ‘80s
By Paul Bubny They’re rising on West 57th Street in Midtown Manhattan, in downtown Seattle and on the Miami waterfront.… Read more
Willis Tower’s 300K-SF Expansion Gets a Name
With a nod to the property’s previous life as the headquarters of Sears, EQ Office has given a name to… Read more
Impact Networking Nearly Triples Its Downtown Space
Managed service provider Impact Networking has renewed and expanded its downtown space at 150 N. Michigan Ave. in a deal… Read more
Crate and Barrel Plans Onsite Restaurant at Oakbrook Store
Upscale home furnishings retailer Crate and Barrel said it will open a full-service restaurant at its existing retail location in… Read more
Quantum Arranges Trade of Omaha-Area Retail
Quantum Real Estate Advisors, Inc. has brokered the sale of a multi-tenant retail center, Thunderbird Plaza, in the Omaha suburb… Read more
Clear Height Adds Property Manager, 2 More
Clear Height Properties has added three new team members. Joining the rapidly expanding firm are property manager Monika Cepaitis (pictured),… Read more
Men’s Boutique Notre Goes the Pop-Up Route in Gold Coast
Chicago-based men’s boutique Notre is opening a 1,751-square-foot pop-up lease at the Waldorf Astoria at 11 E. Walton St. in… Read more
Conor Sells Phase 2 of Northwest Corporate Park
Conor Commercial Real Estate, along with joint venture partner Globe Corporation, has closed a $29.85-million sale transaction to Cabot Properties… Read more
Union Station Team Presents Revised Plan for Redevelopment
The office tower that would figure in the redevelopment of Chicago’s Union Station may already have an anchor tenant. The… Read more
RFP to Redevelop Historic Woodlawn Bank Building
The Cook County Land Bank Authority has an issued an RFP to redevelop the former Washington Park National Bank Building… Read more