Illinois
Milwaukee Tool Plans Another Headquarters Expansion
Milwaukee Electric Tool Co. is reportedly planning to launch construction on another large expansion of its headquarters in Brookfield, WI.… Read more
New Center Breaks Ground Along Roosevelt Retail Corridor
Groundbreaking was held recently for a new, 42,000-square-foot retail development at 637-647 W. Roosevelt Rd. Developer 635-647 W. Roosevelt Road… Read more
Skender Launches Interior Construction of C.H. Robinson’s New Office
Skender, serving as general contractor, has begun interior construction of a new, 207,000-square-foot office for C.H. Robinson within the first… Read more
Otis Gets Tall Order with Willis Tower Elevator Upgrades
Fulfilling what’s literally a tall order, an Otis team will be onsite at the Willis Tower beginning next month to… Read more
Akara Commences Development of 20-Story Nashville MF
Chicago-based Akara Partners broke ground on Kenect Nashville, a 20-story building planned for 420 apartment units and roughly 20,000 square… Read more
CBRE Arranges $33M for Acquisition of Chicago’s Hyatt Regency Deerfield
Chicago-based Phoenix Development Partners secured $32.9 million in financing for the acquisition and renovation of the 301-room Hyatt Regency Deerfield. The… Read more
New Tax Plan May Boost U.S. Apartment Sector
The recently-enacted U.S. tax reform bill is poised to benefit the U.S. multifamily investment market, according to CBRE. Researchers looked… Read more
Knoll Will Set Up Shop in the Fulton District
Knoll Inc. is moving from the Merchandise Mart, where it’s been a presence for nearly five decades, to new construction… Read more
Pre-Leasing Launches for Upscale Lakeview Rentals
Pre-leasing is underway for Clarkview Apartments, an upscale rental build in Chicago’s Lakeview section. Spaces Real Estate is handling leasing… Read more
Colliers Arranges Space for 3PL Provider
Colliers International I Chicago represented King Solutions, Inc. in its lease for a 160,669-square-foot warehouse located at 500 Regency Dr.… Read more
Obama Center Will House Chicago Public Library Branch
In a pair of firsts, the Chicago Public Library will open a branch at the future Obama Presidential Center in… Read more
A Large Look into Small Balance Loans
In 2014, the Federal Home Loan Mortgage Corp. entered the small balance loan arena, backing $4.6 million loans in the… Read more
Ventas and Brookdale Leases: Will Sales Follow?
The Chicago-based Ventas Inc. entered into a definitive agreement with Brookdale Senior Living to restructure a 128-property portfolio. The communities… Read more
20 Times Square JV Dissolves in $1.5B Buyout
Winthrop Realty Liquidating Trust has closed on the sale of 701 Seventh Ave., a mixed-use project also known as 20… Read more
German Coworking Firm Makes US Debut in Chicago
German coworking firm Rent24 recently opened a 15,000-square-foot space in a loft office building at Chicago’s 444 N. Wabash Ave.,… Read more
Two Leading Chicago Property Tax Law Firms Merge
Two of Chicago’s most established property tax law firms, O’Keefe Lyons & Hynes, LLC, and McCracken, Walsh, Carlisle & de… Read more
Cook County Land Bank Offers Lots at Below-Market Rates
The Cook County Land Bank Authority has released nearly 3,200 vacant, tax-delinquent lots at below-market rates that are available for… Read more
Uptown Multifamily Trades in 1031 Deal
Interra Realty has brokered the $5.75-million sale of 5022-30 N. Winthrop Ave., a three-story, 32-unit courtyard apartment building in Chicago’s… Read more
Brian Kelley Joins Avison Young’s St. Louis Office
Avison Young’s St. Louis office has hired Brian Kelley as a principal. He’ll specialize in retail landlord and tenant representation… Read more