Illinois
Chicago-Area Home Sales Decline Y-O-Y as Prices Rise
June home sales in the nine-county Chicago metro area, including condominiums as well as single-family houses, were off 7.3% year… Read more
Chicago Trading Grows Footprint to 114k SF
CBRE represented Chicago Trading Company (CTC) in its 114,186-square-foot renewal and expansion at 425 Financial Place in Chicago, formerly known… Read more
Rio Tinto Will Open Commercial Office in the Loop
Rio Tinto will open a Chicago office by the end of this year. The 145-year-old metals and mining company reportedly… Read more
Workers Exit California Labor Force, Unemployment Remains Near Record Lows
California’s unemployment rate remains at a record low of 4.2% in the latest U.S. Bureau of Labor Statistics jobs report.… Read more
Bringing Next-Generation Design to a Next-Generation Market
Mark Goodman & Associates (MGA) made local and national headlines recently with the developer’s announcement that its forthcoming 310 N.… Read more
Jewel-Osco Fetches $15.5M in Palos Heights
The Boulder Group has completed the sale of a single tenant NNN Jewel-Osco property located at 12803 Harlem Ave., in… Read more
PE Firm Expands Holdings with Hyatt Regency Milwaukee
Hotel-focused private equity firm Cambridge Landmark has closed on its acquisition of the 481-key Hyatt Regency Milwaukee, connected via skywalk… Read more
Clear Height Taps Asset Management Director
Gary Rose has joined Clear Height Properties as managing director, asset management & acquisitions. He joins Clear Height from Equity… Read more
Standard Companies Places Bet on North Side Multifamily
Los Angeles-based Standard Companies has placed a bet on continuing momentum in North Side multifamily, buying Lakeview 3200 for an… Read more
Factories Humming at Full Tilt in June
Industrial production rose 0.6% last month, wiping out a similarly sized decline in May, the Federal Reserve said earlier this… Read more
Crow Holdings Industrial Breaks Ground on First Midwest Project
Crow Holdings Industrial launched its first Midwest development in Chicago’s I-80 Corridor industrial submarket. Located at 24601 S. Frontage Rd.… Read more
U.S. Crane Title Remains in Emerald City
Seattle retained its crown as the crane capital of America, a distinction it has held for the past three years.… Read more
Bellwether Arranges Debt on Properties in Ohio, 3 Other States
Cleveland-based Bellwether Enterprise has closed loans totaling more than $38 million for two multifamily, one hospitality, and one flex-retail property… Read more
Mercedes Pop-Up Store Coming to Mag Mile
A CBRE team of Danny Jacobson, Luke Molloy and Stephen Ansani represented Walton Street Capital in a lease to Mercedes-Benz… Read more
Chicago Leads U.S. in Foreign Direct Investment
For the sixth year in a row, Chicago leads the U.S. in foreign direct investment (FDI) according to the 2018… Read more
DMG Mori Will Relocate U.S. HQ to Bronzeville
Following a meeting with Mayor Rahm Emanuel during the mayor’s recent trade mission to Japan, DMG MORI said it will… Read more
Colliers Negotiates Sale of Riverside Distribution Center
Illinois-based Molto Properties acquired a Class A, 121,390-square-foot distribution center in Riverside, CA from Tarifiq Gorgonio LLC for an undisclosed… Read more
CA Ventures’ New Platform Targets Industrial
Branching out further from its origins in student housing, Chicago-based CA Ventures has launched CA Industrial, a new division that… Read more
298-Unit Apartment Community in Chicago’s Printers Row Acquired
Chicago-based Draper and Kramer, Inc., along with equity partner Intercontinental Real Estate Corp., expanded its Chicago-area portfolio with the acquisition of… Read more