Illinois
CushWake Names Nathaniel Robinson Global CIO, EVP Strategic Planning
Cushman & Wakefield named Nathaniel Robinson as Global Chief Investment Officer and EVP of Strategic Planning. The promotion reflects Robinson’s… Read more
NKF Tapped for Sale or BTS of Former Outlet Center Site
NKF is the exclusive broker to sell or build-to-suit lease 68.3 acres on the site of the former Huntley Factory… Read more
Chicago-Born Sears to Close Its Last Chicago Store
The retailer founded in Chicago in 1893 soon will no longer operate a store there. Sears Holdings told employees at… Read more
Hotel Rooms Occupied Reach New Record
Total hotel rooms occupied in Chicago reached a record 2.33 million for the first quarter, an increase of 10.5%, according… Read more
Oak Brook Office Complex Garners $89M Refi
A JLL capital markets team has arranged an $89.4-million, long-term loan to refinance Commerce Plaza, a 556,463-square-foot office complex in… Read more
Arts in the Loop Drive $2.25B in Revenues
Arts and culture in the Loop drive $2.25 billion to the area and Chicago each year, according to a study… Read more
Angelo, Gordon & Co. Snags Presidents Plaza in Chicago for $147M
Angelo, Gordon & Co. acquired Presidents Plaza, a pair of Class A office buildings in Chicago’s O’Hare submarket for $147… Read more
Waypoint Bolsters Midwest Presence with Buys in IL, OH and KS
Waypoint Residential has significantly expanded its presence in the Midwest, with this week’s acquisition of three conventional multifamily properties and… Read more
CBRE Hires Asset Management Specialist for Retail
Deirdre Larsen has joined CBRE’s asset services group in Chicago as associate director. She’ll be responsible for the performance of… Read more
Boston-based REIT Adds Two Suburban Industrial Assets
Plymouth Industrial REIT, headquartered in Boston, has acquired two single-tenant class B Chicagoland industrial buildings totaling 270,000 square feet for… Read more
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