Illinois
Coworking Poised for Significant Growth; Gateway Markets’ Inventory Could Triple
Coworking inventory has grown substantially over the past three years. In fact, half of all current U.S. coworking space has… Read more
46 More Sears Stores Head for the Chopping Block
Sears Holdings says it will shutter an additional 46 stores, marking the beleaguered retailer’s third round of store closings since… Read more
Buena Park Deconversion Fetches 50% Premium on Market Values
Interra Realty’s Joe Smazal has brokered eight condominium deconversion deals since the beginning of 2017. The latest of these is… Read more
Chicago Tops List of Green Office Markets in U.S.
For the second consecutive year, Chicago was named the nation’s greenest city in the annual U.S. Green Building Adoption Index… Read more
Ventas’ Cafaro on Modern Healthcare Roster of Influencers
Ventas CEO Debra A. Cafaro has been recognized by Modern Healthcare as one of 2018’s 100 Most Influential People in… Read more
DHL-Occupied Logistics Site Trades in Off-Market Deal
Matthews Real Estate Investment Services has arranged the off-market sale of a DHL-occupied logistics facility in Franklin Park, IL, part… Read more
GGP Mall Portfolio Set for Brookfield Revitalization
Chicago-based GGP’s 125-property mall portfolio is set to undergo a transformation as a result of the $15-billion Brookfield Property Partners’… Read more
Belmont Village Tops Out Lincoln Park Seniors Facility
Belmont Village Senior Living has topped out its seven-story senior living community at 700 W. Fullerton Ave. in Lincoln Park.… Read more
What Industrial Tenants Want with Infill Space
As director-asset management for Westmount Realty Capital, Laura Collins, oversees more than six million square feet of industrial real estate… Read more
Salesforce Eyes Chicago Expansion of 5,000 Jobs
Salesforce, the software giant, reportedly is looking to bring 5,000 new jobs to Chicago, or five times its current complement… Read more
Solstice Doubles Its Space at Gogo Building
Emerging technology consultant Solstice is doubling its footprint in JP Morgan Asset Management’s Gogo Building at 111 N. Canal St.… Read more
Ryan Unveils 1st Round Concepts for Naperville, IL MXU
Ryan Companies unveiled its first round of concepts for 5th Avenue, a proposed mixed-use development in Naperville, IL. The project… Read more
Illinois Medical District Gets Modernized CTA Station
The Chicago Transit Authority’s Illinois Medical District (IMD) Blue Line station has reopened, following a $23-million renovation and modernization project,… Read more
HSA-Led Venture Launches Its Biggest Warehouse Project
Chicago-based HSA Commercial Real Estate and New York-based Clarion Partners LLC have launched construction on Heartland Corporate Center, a speculative… Read more
Broadband Provider in Full-Building Lease in Warrenville
CBRE recently represented Globe Corporation in a 39,620-square-foot, full-building lease to broadband provider WOW! at 4350 Weaver Pkwy. in Warrenville,… Read more
Engineering Consultant Expands in Move to CBOT Building
Engineering design firm Talman Consultants is moving to GlenStar Properties’ Chicago Board of Trade Building, and expanding its footprint to… Read more
CenterPoint Breaks Ground on 170-Acre Port of Oakland Development
Oak Brook, IL-based CenterPoint Properties plans to commence work in October on CenterPoint Landing, a 170-acre industrial campus at the… Read more
Ventas Acquires Battery Park Community from Brookdale for $194M
Ventas Inc. has agreed to acquire Brookdale Senior Living’s 217-unit independent living community in Lower Manhattan’s Battery Park City neighborhood.… Read more
Chicago-Based Connelly Named Global President at CBRE
CBRE has appointed Chris Connelly (pictured) as global president, Asset Services and Investor Leasing, two key global business lines that… Read more