Illinois
Wacker Drive Tower Lands $665M Construction Financing
The 53-story 110 N. Wacker Dr. office development from the Howard Hughes Corporation and Riverside Investment and Development has landed… Read more
Essex Markets Courtyard Buildings in Oak Park
Essex Realty Group has just listed 91 units in two rarely-available vintage courtyard buildings in Oak Park, IL. The same… Read more
3PL Provider Will Open Office at CBOT Building
Tampa, FL-based 3PL provider BlueGrace Logistics will open an office in downtown Chicago in July. BlueGrace plans to add 80… Read more
Chicago Fed Governors Argue for Property Tax Boost
Three Chicago Federal Reserve governors argue in favor of a 1% statewide increase in residential property taxes to help cover… Read more
Colliers Takes Majority Stake in Harrison Street for $450M
Colliers International Group Inc. is acquiring a 75% stake in Chicago-based Harrison Street Real Estate Capital LLC from its founders… Read more
Disused Valparaiso Factory Could Give Way to $120M MXU
The former Anco factory in Valparaiso, IN could soon give way to a $120-million mixed-use project. Flaherty & Collins Properties… Read more
Matthews Hires Ben Snyder to Spearhead Midwest Growth
Matthews Real Estate Investment Services has hired Ben Snyder (pictured) as SVP and senior director of the firm’s shopping center… Read more
Related Midwest’s MXU Would Add 78th Neighborhood to Chicago’s 77
Related Midwest has unveiled a master plan for a 62-acre mixed-use project on the Chicago River that would be among… Read more
To Boost Ridership, CTA Should Work with Uber: Study
Public transit agencies should find ways to integrate with ride-sharing services for trips within Chicago, said DePaul University researchers. They… Read more
O’Hare’s First New Gates in 25 Years Open for Passengers
American Airlines and the City of Chicago cut the ribbon Friday on five new gates at O’Hare International Airport, the… Read more
Steak ‘n Shake Serves Up First Chicago Location
Steak ‘n Shake is coming to the largest city in the state where it was founded in 1934. The casual… Read more
Greystone Closes Value-Add Sale of Crystal Lake Multifamily
Greystone Real Estate Advisors has closed the $16-million sale of the 235-unit Darlington Court Apartments in Crystal Lake, IL. The… Read more
Office Demand Balance Could Shift in Tenants’ Favor
Demand for downtown space was steady in the first quarter with 166,064 square feet of positive net absorption, bringing the… Read more
Chicago’s Lodging Scene Gets a Taste of Moxy
Marriott International’s boutique Moxy brand has made its debut in the Windy City, with the opening of the Moxy Chicago… Read more
Emma Capital Enters Indianapolis Market with 3 Multifamily Deals
Toronto-based Emma Capital Investments Inc. has entered the Indianapolis market with three apartment acquisitions having a combined value of $63.8… Read more
City’s Streetlight Upgrade Program Shifts to South Side
The city’s ongoing streetlight modernization program is now shifting to neighborhood streets and alleys in the South Side priority area.… Read more
Apex Warehouse Signs On for 108K SF of Industrial
Darwin Realty President Richard G. Daly represented Apex Warehouse Systems, LLC in its new lease of 107,600 square feet at… Read more
Heitman Veteran Will Beam Joins Magnolia Capital
Industry veteran Will Beam (pictured) has joined Magnolia Capital, a multifamily investor launched in early 2017, as managing director of… Read more
Co-Op Grocer Takes Space at CTA’s Rebuilt Wilson Station
The Chicago Transit Authority has approved an agreement to bring Chicago Market, a grocery co-op and community space, to the… Read more