Illinois
Proptech Firm SMS Assist Expands with Naperville Site
SMS Assist, a cloud-based multisite property management firm headquartered downtown, is expanding with the opening of a second area office… Read more
Class A Apartment Rents Tick Up to New High
The average monthly rent for Class A downtown apartment properties reached a new high of $3.18 per square foot as… Read more
Contract Packager Extends 353k-SF McCook Lease
Assemblers Inc. has extended its 353,322-square-foot lease at 8601 W. 47th St. in McCook, IL, in a deal arranged by… Read more
Hunt Midwest Signs First Retailers to Vue MXU
Hunt Midwest has secured leases with Parisi Café and Evolve Juicery & Kitchen for a combined 4,135 square feet of… Read more
Mark Lamp Joins CBRE to Lead U.S. Healthcare
Connect Healthcare is slated for October 29 and 30 at The Resort at Pelican Hill. Follow this link for more… Read more
Equity Residential CEO Stepping Down at Year’s End
David J. Neithercut (pictured), president and CEO of Equity Residential since 2006, is retiring at year’s end as part of… Read more
Retail Center Trades in North and Clybourn Corridor
HFF has arranged the sale of Clybourn Galleria, a 24,601-square-foot, fully leased, urban retail center in the North Side’s Lincoln… Read more
Ray LaHood to Chair Task Force on Transportation Options
The Emanuel administration has launched a transportation and mobility task force led by Ray LaHood, former U.S. Transportation Secretary. The… Read more
Mid-America Secures Aldi Lease for Livonia Redevelopment
The former site of a Chi-Chi’s in Livonia, MI will soon house an Aldi supermarket and a multi-tenant retail building.… Read more
Bridge Plans Three-Building Industrial Spec in DuPage
Bridge Development Partners has acquired a 48.12-acre parcel in Itasca, IL to build Bridge Point Itasca, a three-building industrial complex… Read more
Marcus & Millichap Brokers Pair of South Shore Deals
Marcus & Millichap’s Hardy and Heitzman team has closed on a pair of multifamily deals in Chicago’s South Shore neighborhood.… Read more
Union Station Redevelopment Plan “Completely Revised”
Riverside Investment & Development will present a revised plan for redeveloping Chicago’s Union Station at a Sep. 11 community meeting.… Read more
Kimco Trades Chicagoland Retail to Local Buyer
HFF has arranged the $20-million sale of Woodgrove Festival, a 157,276-square-foot retail center in the Western suburb of Woodridge, IL.… Read more
New York & Company Opens Global Flagship in the Loop
Apparel retailer New York & Company recently held the grand opening of its largest store in the world. The 18,000-square-foot… Read more
HFF Lines Up JV Equity for Fifield’s Logan Square Apartments
HFF’s Danny Kaufman and Mary Dooley have arranged joint venture equity financing for the development of Logan’s Crossing, a 220-unit,… Read more
CBRE Arranges Deal for Traverse City’s Hotel Indigo
CBRE has arranged the sale of the 107-key Hotel Indigo Parkway, Traverse City, MI, one of Michigan’s most popular tourist… Read more
LendLease, Magellan Unveil Revised Lakeshore East Plan
LendLease Development and Magellan Development Group have presented a revised proposal for their Lakeshore East residential development, following objections last… Read more
Paine Wetzel’s Reiff Team Wraps Up Two O’Hare Deals
Two industrial leases in the O’Hare submarket have been completed by the Paine Wetzel – TCN Worldwide team of Phil… Read more
Opus, USAA Land Full-Building Tenant for 424K-SF Warehouse
The Opus Group and USAA Real Estate have landed a full-building tenant for their 423,726-square-foot warehouse at 10 Falcon Ct.… Read more