Illinois
Hub Launches Umbrella Group Insurance Aimed at CRE
Chicago-based global insurance brokerage Hub International has launched an umbrella/excess risk purchasing group insurance program, to give commercial real estate… Read more
Net Leased Dialysis Center Trades in Washington Heights
The Boulder Group has completed the sale of a single-tenant net leased Fresenius Medical Care property at 9924 So. Vincennes… Read more
ULI Chicago, DePaul Partner on Graduate Program in Real Estate
For the second year in a row, the Urban Land Institute’s Chicago chapter and DePaul University are partnering on a… Read more
Komatsu America Relocates HQ from Suburbs to Downtown
Komatsu America Corp. will move its company headquarters to Chicago, after 11 years in suburban Rolling Meadows, IL. The relocation… Read more
Aries Conlon’s Shah Named to Forbes Finance Council
Aries Conlon Capital CEO Rushi Shah has been accepted into the Forbes Finance Council, an invitation-only community for executives in… Read more
Black Bear Makes 4th Chicagoland Hockey Arena Buy
Black Bear Sports Group has acquired substantially all of the assets of the Southwest Ice Arena in Crestwood, IL. Terms… Read more
McHugh Construction Promotes SVP Alexander to Presidency
Chicago-based James McHugh Construction Co. recently named company veteran Dave Alexander as president. Alexander’s appointment followed the retirement of Bruce… Read more
Pre-leasing Begins for Boutique Rental in Buena Park
Pre-leasing has gotten underway at Hazel Place, a 15-unit boutique rental community under construction in the Buena Park neighborhood on… Read more
Lendlease Maps Out Game Plan for Southbank Development
Having recently dissolved the Riverline joint venture with CMK, Lendlease has laid out the game plan for its separate project… Read more
Construction Commences on Chicago’s 54-Story 110 N Wacker
Texas-based The Howard Hughes Corporation and Chicago’s Riverside Investment & Development secured the initial construction permits for 110 N. Wacker,… Read more
LNR Property, Canyon Partners Vets Create New REIT
Commercial real estate finance industry veterans Justin Kennedy, Toby Cobb and Jonathan Roth launched 3650 REIT. The national commercial real estate lending, investment and… Read more
Unprepared Retailers Left Behind in Digitally Driven Environment
By Dennis Kaiser The retail sector continues to quickly evolve, forcing adaptation and creating new opportunities for some. Yet, others… Read more
City Breaks Ground on Fleet Management HQ in Englewood
Chicago’s Department of Fleet and Facility Management (2FM) broke ground Monday on 2FM’s new headquarters in Englewood. The new facility… Read more
Food Halls Continue “Aggressive Expansion” Beyond the CBD
Call it the sharing economy for restaurant retail, as Cushman & Wakefield does. In its third report on the subject… Read more
CBD Office Reaches Equilibrium Point
Chicago’s CBD has reached an equilibrium point, displaying signs of both a tenant-favorable market and a landlord-favorable one, according to… Read more
Colliers Brings in Carris as Chicago Leader
Colliers International has brought in Jim Carris (pictured) as executive managing director and market leader for its operations in Chicago.… Read more
NAI Hiffman Team Brings Grocery Concept to Forest Park
An NAI Hiffman team has arranged a lease for 70,211 square feet at Forest Park Plaza in Forest Park, IL,… Read more
Praedium Makes Apartment Buy in Minneapolis’ North Loop
The Praedium Group has acquired the newly-constructed Maverick North Loop Apartments in Minneapolis. It’s located within the city’s North Loop,… Read more
How Millennials Drive Tomorrow’s Real Estate Trends
As Millennials in the U.S. settle into their 20s and 30s, affordable mid-sized tech hub cities, select city-center neighborhoods and… Read more