Illinois
Related Midwest Proposes Two 50-Story+ Towers in Chicago
Two residential towers envisioned to exceed 50 stories were proposed in Chicago’s West Loop. Related Midwest and Tucker Development are… Read more
Mark Zettl Joins JLL to Lead Office Property Management Group
JLL expanded its senior leadership team with the addition of Mark Zettl as President of Property Management for the Americas.… Read more
CBRE Global Investors Fund Snares Six-Building Chicago Industrial Portfolio
CBRE Global Investors added a 1.4-million-square-foot Chicago-area industrial portfolio to its commercial real estate holdings. The 95%-leased, Class A warehouse… Read more
Financing Talk: Q&A with Northwestern Mutual’s Kevin Westra
Northwestern Mutual Real Estate’s Regional Director – Central Region – Kevin Westra is one of the panelists with the upcoming… Read more
9 Chicago Retail Brokers Join CBRE from Cushman & Wakefield
CBRE Group, Inc. significantly expanded its ranks in Chicago with the addition of a team of nine retail brokerage professionals… Read more
Avison Young Secures 185K SF at S. Florida Office Park
Lease agreements totaling roughly 185,000 square feet have been executed with four companies within the Sawgrass International Corporate Park in… Read more
Brennan Acquires 86-Acre O’Hare Infill Site
Chicago-based Brennan Investment Group acquired 86 acres in Chicago’s O’Hare market, and plans to develop the $1-billion Elk Grove Technology… Read more
Construction Launches on $100M Academic and Residential Complex
American Campus Communities teamed with the University of Illinois at Chicago to begin construction on a 550-bed project dubbed the… Read more
American Landmark Picking Up Former Zurich HQ for $88M
American Landmark Properties is buying the former headquarters of Zurich in Schaumburg, IL from Oak Brook-based REIT Retail Properties of… Read more
Equity Commonwealth Divests Two Assets Totaling 2.4M-SF for $670M
Equity Commonwealth is under contract to sell two commercial real estate properties totaling 2.4 million square feet for $670 million.… Read more
Chicago’s $800M, 76-story Tower Receives Panel Blessing
JDL Development received unanimous approval from the Chicago Plan Commission for One Chicago Square, a 76-story mixed-use development in Chicago’s… Read more
U.S. Life Sciences Markets Poised for Outsized Growth
The U.S. life-science industry, and by extension the real estate that supports it, is being driven to strong growth by multiple… Read more
McDonald’s Initiates Oak Brook Campus Divesture
McDonald’s is relocating to a new headquarters in Chicago’s Fulton Market district starting this spring. Leading up to that move,… Read more
Virtual Restaurants Are Heating Up
Delivery-only food providers are not new concepts, but data-mining customers’ food searches and finding restaurants to literally feed the demand… Read more
Venture Capitalists Exploring Tech Hubs Outside California
Start-up hubs like Silicon Valley create jobs, affect housing prices, generate business, and attract venture capitalist investment. While the amount… Read more
Amazon Reveals Contenders for $5B HQ2
The short list of cities still in the running for Amazon’s $5-billion HQ2 includes 20 metropolitan areas. The giant Seattle-based e-commerce… Read more
Richland Cos. Acquires Flex-Industrial 8100 Westpark
Richland Cos., headquartered in Houston, bought the 74,462-square-foot 8100 Westpark, situated in Oil City’s outer loop submarket. Seller Big Houston… Read more
Rubenstein, Strategic Capital Expand Indy Portfolio, Again
Indianapolis-based Strategic Capital Partners, LLC and partner, Philadelphia-based Rubenstein Partners, L.P., acquired the Precedent Office Park in Indianapolis’ Keystone Crossing… Read more
Salata, Grafton Way Planning South Texas Expansion
Salata, a fast-casual, Houston-based salad restaurant chain, announced expansion plans in South Texas, in partnership with franchisee Grafton Way Restaurant… Read more