Illinois
General Iron Moving to SE Side, Selling North Branch Site
Metal recycling company General Iron Industries is entering a strategic partnership with electronics recycler Reserve Management Group, and moving its… Read more
Prologis Completes 16 BTS Developments H1 2018, Starts Another 14
San Francisco-based Prologis, Inc. completed 16 build-to-suit development projects in the first half of 2018, totaling nearly 6.3 million square feet with… Read more
WeWork Adds 185K SF in Chicago, Grows to 8 Locations
New York-based WeWork expanded its footprint in Chicago, adding another 185,000 square feet and boosting its market presence to eight… Read more
Walsh Tapped to Build South Loop Mid-Rise Apartments
Joining a parade of multifamily developments in the South Loop will be Alta Grand Central, a rental property developed by… Read more
Interra Brokers 2 North Side Apartment Deals
Interra Realty recently brokered the sales of two North Side apartment properties, and a third property in nearby suburban Evanston.… Read more
$92M Recap Comes to River North Apts.
Cedar Street, which converted the historic Bush Temple of Music into apartments, will build a new tower next door in… Read more
Hancock Center Office Reportedly Trades to Sterling Bay
Sterling Bay has a deal to acquire the office portion of 875 N. Michigan Ave., formerly known as the John… Read more
JLL Taps Multifamily Specialist for Central OH
JLL has hired Matt McCune as SVP, based out of Columbus, OH and working closely with the firm’s Chicago and… Read more
Redevelopment on the Menu for Former McDonald’s HQ
Hines plans to redevelop part of the former McDonald’s campus in Oak Brook, IL, which the fast-good giant recently vacated… Read more
2018: The Year of the Entity-Level Industrial Deal
By Dennis Kaiser The industrial sector has ridden a hot streak into 2018, following 2017’s record breaking year. Connect Industrial… Read more
Connect Apartments Transactions Series: Inside the $1-$20M Deals
By Dennis Kaiser Transactions in the $1 million to $20 million range remain the multifamily sectors’ cashflow kings. A group… Read more
Rail Car Factory Will Be Built Despite “Trump Trade War”
Mayor Rahm Emanuel declared victory Thursday on a rail car facility that China-based CRRC Sifang will build on the city’s… Read more
Mark Goodman Unveils Plans for Largest “Passive House” Office in U.S.
Mark Goodman & Associates has revealed plans for the largest office building in the U.S to receive Passive House certification.… Read more
HFF Arranges Debt for Wrigley Building Deal
HFF has arranged $150 million in financing for Joe Mansueto’s Mansueto Properties toward its acquisition of the Wrigley Building, which… Read more
Office Market Remains Strong Despite Vacancy Uptick
Although not riding quite as high as office investment sales in the region, Chicago’s leasing market remained energetic in the… Read more
What’s Driving Uptick in Reverse Commutes?
The trend of living within urban centers is increasing, though it is creating an unexpected situation. According to JLL’s newest… Read more
REI Plans Move to North Branch Waterfront in 2019
Outdoor sporting goods cooperative REI will move its Lincoln Park store to a larger, two-story location on the banks of… Read more
Well-located Krispy Kreme Trades in Grand Rapids
A single-tenant net lease Krispy Kreme at 2700 E Beltline Ave SE in Grand Rapids, MI has traded for $1.6… Read more
Skender Breaks Ground on Northbrook Memory Care Facility
Serving as base building and interior construction manager, Skender has broken ground on North Shore Place, a Senior Lifestyle-owned assisted… Read more