Illinois
Century West Launches Leasing at $280M Glendale MF
Los Angeles-based Century West Partners kicked off the leasing phase of the $280-million NEXT on Lex in Glendale, CA. The… Read more
JLL Strengthens Retail Platform in Chicago
JLL strengthened its retail platform with the addition of industry expert Steve Schwartz, who joins the firm as a SVP… Read more
Cushman & Wakefield IPO Trading Debut, Ascent to $765M
Cushman & Wakefield’s first day of trading on the New York Stock Exchange was encouraging. The Chicago-based commercial real estate… Read more
KC Restaurant Institution Changes Hands After 3 Decades
An investment group headed by David M. Block and Alex Block of Block & Company has acquired Chappell’s Restaurant &… Read more
Slate REIT Makes Second Chicago Buy of the Year
Slate Office REIT has agreed to acquire 120 South LaSalle and the adjacent parking garage in downtown Chicago for $155… Read more
Hilton Timeshare Spinoff Makes Initial Foray into Chicago
Hilton Grand Vacations, the timeshare unit of Hilton Worldwide that was spun off in 2017, has entered into a purchase-sale… Read more
Aldi Takes 113k SF at Naperville Campus
Discount grocer Aldi will lease additional space at Agellan Commercial REIT’s Naperville Woods Office Center in Naperville, IL, while maintaining… Read more
Chicago CRE Gets Mixed Grades on Sustainability
Chicago ranks at No. 3 on CommercialCafe’s list of LEED-certified cities, with nearly 13% of its existing office and multifamily… Read more
Greystone Delivers $77M Refi for Chicago-Area MF
New York-based Greystone provided a $77-million Fannie Mae DUS loan to refinance Park West Apartments in Griffith, IN, a suburb… Read more
Canadian Trio Forms Investment JV for $1B US Industrial Play
WPT Industrial Real Estate Investment Trust, Canada Pension Plan Investment Board (CPPIB) and Alberta Investment Management Corporation (AIMCo) formed a… Read more
Chicago’s “Fiscal Health” is Worrisome, Says Green Street
The “fiscal health” of Chicago’s municipal government and Illinois’ state government should give CRE investors pause, warns Green Street Advisors… Read more
JLL Partners with Rush Medical Center on Facility Management
Rush University Medical Center (RUMC) on the city’s West Side has partnered with JLL for integrated facility management services, including… Read more
Podolsky Circle Grows Team, Adding Michael Lupo
Podolsky Circle CORFAC International’s team has added Michael Lupo, who has joined the firm as an associate broker. Bringing five… Read more
Downtown Projects Fund Grants to 33 South and West Side Businesses
The city’s third round of investments from the Neighborhood Opportunity Fund went directly into 33 small businesses on Chicago’s South,… Read more
Kohler to Bring Day Spa to Hines/McCaffery MXU
Kohler Co. today announced plans to expand its Kohler Waters Spa offering with a second Chicago-area location at Hines and… Read more
RED Capital Does $245M in Q2 Deals
RED Capital Group, based in Columbus, OH, closed $245.27 million in transactions during the second quarter of 2018. The firm’s… Read more
Chicago’s Office Users Want Flexible Spaces and Hours
What do Chicago’s office-using employees want? Eighty-eight percent of them want a flexible work environment, according to Capital One’s 2018… Read more
Fifield’s Gold Coast Rental Tower Now 95% Leased
Fifield Realty Corp.’s Gold Coast apartment project, The Sinclair, has leased up at a record clip since its opening in… Read more
B2B Veteran Barry Cohen Joins Connect Media Team
Connect Media has brought in B2B veteran Barry Cohen as director of business development for the Chicago and Texas markets,… Read more