Illinois
RPAI Exits Office Sector with Schaumburg Trade
Retail Properties of America Inc. has sold its only remaining office property, Schaumburg Towers in Schaumburg, IL, for $86.6 million.… Read more
Griffin-American IV Adds Southfield MOB to Healthcare Portfolio
Griffin American Healthcare REIT IV has acquired Southfield Medical Office Building, in the Detroit’s Southfield, MI suburb, for $16.2 million.… Read more
Chicago Leads in Share of Homeowners Who Can’t Afford to Move
Among all U.S. metro areas, Chicago ranks second only to Virginia Beach in the percentage of homeowners with underwater mortgages,… Read more
Toyota Nabs Space at 121 Riverview Crossing
Toyota Motor Sales Inc. LLC leased a 121,188-square-foot, freestanding distribution facility at 121 Riverview Crossing in Lewisville. The just-completed building… Read more
Google and Facebook Eye Bigger Presence in the Loop
With or without Amazon’s HQ2, the city’s tech sector office footprint is about to get bigger. Google and Facebook are… Read more
Licudine Will Head NKF’s Property Tax Group
Twenty-year industry veteran Gil Licudine (pictured at right) has joined NKF’s Valuation & Advisory (V&A) group as national leader of… Read more
Nominate a Rising Star for Our Next Generation Awards
Connect Media will once again shine the spotlight on rising stars of commercial real estate with our second annual Next… Read more
Global Packaging Firm Leases Up South Chicago Industrial
Connect Industrial is coming up on July 11 in Chicago. Here’s a link for more information about the conference and… Read more
Baker Completes Core and Shell on Loft-Office Redevelopment
Baker Development has wrapped up shell and core construction at its 2017 N. Mendell, a 62,000-square-foot loft office redevelopment said… Read more
Lawmakers Enact State Budget with Funds for South Loop Innovation Campus
Illinois’ state legislature has passed a budget on time for the first time since Gov. Bruce Rauner took office. Among… Read more
Opus Plans 612k-SF Spec Industrial Near Cincy
The Opus Group and Founders Properties have plans for a speculative industrial development in Middletown, OH, about equidistant between Cincinnati… Read more
Marquette Lands $56M Wells Fargo Loan for Multifamily Buy
Connect Apartments is coming up on June 26th in Los Angeles. Here’s a link to find out more about the… Read more
Podolsky Arranges Sale, Financing on Naperville Office
Podolsky Circle CORFAC International has arranged the sale and financing of 400 East Diehl Rd., also known as Naperville Financial… Read more
Loft Office Project in the Loop Gains Bentall Kennedy Financing
A JLL Capital Markets team arranged construction financing for developer Moceri+Roszak’s 145 South Wells, a loft office project underway in… Read more
Cawley Expands Redevelopment/Reuse Platform with Two New Hires
Cawley Chicago has brought in Zack Pruitt (pictured) as principal and Nicholas Schaefer as VP as the firm expands its… Read more
Skender Foundation, Social Impact Fund Partner on Grant
The Skender Foundation, the philanthropic offshoot of Skender, has partnered with newly-launched social impact fund New Coast Foundation to make… Read more
Chicago’s a Magnet for the Young and Affluent: Study
Chicago has gained in a key demographic over the past few years: affluent young people. An analysis of Census Bureau… Read more
Irvine Co. Leases Nearly 150K SF at Chicago’s Iconic 71 South Wacker
Irvine Company Office Properties executed nearly 150,000 square feet of leasing at Chicago’s 71 S. Wacker in Chicago. The two… Read more
Hunt Mortgage Secures Loan for Wichita Apartments
Connect Apartments is coming up on June 26th in Los Angeles. Here’s a link to find out more about the… Read more