Illinois
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
336-Unit Flats at Big Tex Sells to Accend Cos.
Accend Cos. of Chicago acquired the 7.5-acre, 336-unit Flats at Big Tex apartment complex. Accend, which specializes in operating high-end… Read more
KBS Legacy Partners Divests MF Portfolio for $480M
KBS Legacy Partners Apartment REIT, Inc. divested 11 multifamily communities totaling 3,039 units located in core markets in Minnesota, Illinois,… Read more
Medici Co-Living Space Coming to Chicago
Medici Living Group, which began its U.S. push with co-living locations in New York City and Los Angeles, has now… Read more
Essex Completes Quartet of Multi Sales Across North Side
Essex Realty Group recently completed the sales of four multifamily properties across Chicago’s North Side. Two of these sales were… Read more
LISC Awards Put South Side in the Spotlight
Three South Side projects were among the winners of the 24th annual Chicago Neighborhood Development Awards from the Local Initiatives… Read more
Colliers Sells Republic Airways HQ in Indianapolis
Colliers International has closed on the sale of College Park Plaza, a 180,637-square-foot office property in the Northwest submarket of… Read more
Uptick in VC Funding Points to More Office Space Demand
Venture capital funding in the Chicago area and statewide hit new peaks in 2017, a level of activity that portends… Read more
Barings Real Estate Closes on DuPage Spec Industrial
Barings Real Estate has completed a contract purchase of a spec industrial property at 1365-1395 Brewster Creek Blvd. in Brewster… Read more
JLL’s Da Vinci Awards Yield 2 New Client Solutions
JLL’s annual Americas Da Vinci Awards, which recognize employee ideas that can be used to deliver new solutions to clients,… Read more
Mid-America Names Hoag, Tausk to Lead Tenant Rep Team
Mid-America Real Estate Corporation’s tenant representation division for the Chicago region will be led by partners Willie Hoag and Dan… Read more