Illinois
Chicago’s O’Hare $8.5B Expansion Plans Detailed
Chicago’s O’Hare International Airport is set to undergo a major $8.5-billion expansion, which will bring the first major improvements to… Read more
Apple and Facebook’s Big Data Centers Change Cowtown Culture
According to a 2017 CBRE report, the most active areas for data center construction in the U.S. were Chicago, Detroit,… Read more
U.S. Steel Sees Lift from Tariffs, Will Restart IL Facility
Although steel and aluminum makers are widely reported as unhappy with the Trump administration’s proposed tariffs, U.S. Steel is pretty… Read more
Multi-Use Sports and Expo Center Slated for Naperville
Calamos Real Estate LLC has acquired 25 acres of land across the road from its existing CityGate Centre development in… Read more
Lincoln Midwest, Mobile Doorman Partner on Apps
Chicago-based Mobile Doorman is partnering with Lincoln Property Company on a new series of apartment management apps for the multifamily… Read more
St. George Logistics Taps New CFO
Chicago-based St. George Logistics, which provides specialty 3PL and transportation services to the global supply chain, has hired Joseph Tomczak… Read more
Industry to Cook County: Don’t Change Incentives
SIOR and the Association of Industrial Real Estate Brokers are among those urging Cook County Commissions not to impose new… Read more
Concessions Continue for Rentals in Chicago’s Core
With 11,000 new apartments slated for delivery in Chicago’s core neighborhoods over the next two years, including 7,700 in 2019… Read more
‘Ride the Pink Elevator’ Comes to Chicago
Chicago’s first “Ride the Pink Elevator” campaign supporting the Susan G. Komen Foundation has come to Viridian on Sheridan, a… Read more
Wynnchurch Completes Heartland Automotive Buy
Middle-market private equity firm Wynnchurch Capital LLC, headquartered in Rosemont, IL, has reportedly completed the acquisition of Heartland Automotive Services,… Read more
E-Commerce Veteran Joins SMS Assist Team
Facilities management tech firm SMS Assist has hired Amazon veteran Peter Commons as chief product officer. Most recently director of… Read more
St. Louis Region Will See Amazon Warehouse
Amazon plans to build its first Missouri fulfillment center, located in the St. Louis suburb of St. Peters, creating up… Read more
Black Salmon Acquires Iconic Tower in Indianapolis for $70M
Miami-based Black Salmon acquired Bank of Montreal (BMO) Plaza in downtown Indianapolis from Chicago-based Hearn and Boston-based CrossHarbor Capital Partners… Read more
Yes! Adds 2,100 Manufactured Home Sites in MI
Denver-based Yes! Communities, among the largest owners and operators of manufactured home neighborhoods, has acquired a portfolio of nine manufactured… Read more
NKF’s Kasselman Brokers Ind. Deals in Chicagoland
NKF’s Geoffrey Kasselman has completed a series of industrial deals—leases as well as sales—in both Chicagoland and the suburbs of… Read more
CTA to Demolish 14 Buildings for ‘Flyover’
The Chicago Transit Authority will begin bulldozing 14 buildings in the city’s Lakeview neighborhood to make way for an elevated… Read more
NICAR, RealConnex Launch Broker Partnership
Social media networking platform RealConnex has partnered with the Northern Illinois Commercial Association of Realtors with a view toward accelerating… Read more
Skender Plans Apartment Factory
As part of its plan to become a vertically-integrated company, including construction, design and building component manufacturing functions, Skender has… Read more
Chicago’s MBRE Healthcare Buys Rancho Bernardo MOB
Chicago-based MBRE Healthcare acquired Excel Centre, an 83,213-square-foot medical office building in San Diego’s Rancho Bernardo community for $37.1 million. The… Read more