Illinois
JLL Acquires Construction Consultant Merritt & Harris
In a move to boost its project and development offerings, Jones Lang LaSalle (JLL), headquartered in Chicago, acquired Merritt &… Read more
CIM Completes Chicago’s Marquee at Block 37
CIM Group has completed construction of the 690-group Marquee at Block 37 apartment tower. Located at 25 W. Randolph St.… Read more
Amazon to Open Two Illinois Centers
Amazon Inc. has announced plans to open two fulfillment centers in Edwardsville, IL, creating more than 1,000 jobs. The e-commerce… Read more
Attics Become Apartments in Scarce Housing Markets
Apartment demand has increased since the Great Recession, and many younger renters can’t afford the multifamily properties that are being… Read more
Flex-N-Gate Plans $95M Facility in Detroit
Shahid Khan, owner of Flex-N-Gate and the Jacksonville Jaguars, has announced his company will invest $95 million to build a… Read more
CRE Active in South Mississippi
As return on investment in other parts of the country declines, some investors are checking out South Mississippi. In a… Read more
Trammell Crow Residential Opens in Boston
Dallas-based Trammell Crow Residential has established a regional office in Boston, to source development opportunities in the Northeast. Former GID… Read more
National Health Investors Pays $88M for Senior Housing
National Health Investors, headquartered in Murfreesboro, TN, has exercised its purchase option to acquire five assisted living and memory care… Read more
RealtyMogul Helps Fund $22M Chicago MF Buy
Spirit Bascom Ventures has paid $21.6 million for ownership rights of 5200 N. Sheridan Rd., a 223-unit vintage apartment complex… Read more
Chicago Main Street Post Office Plans Finalized
601W Cos. struck a deal to acquire and redevelop the Old Main Post Office near downtown Chicago. The investment group… Read more
Chicago to Get a New Neighborhood
Developer Related Midwest has reportedly closed on 62 acres of undeveloped land in Chicago’s South Loop. The project is being… Read more
Marriott Challenged in $12.9B Starwood Buy
First Marriott International Inc. was in a fractious bidding war against Anbang Insurance Group of China to acquire Starwood Hotels… Read more
Uber Developer Pursuing Another Creative Conversion?
Where can you get all the latest Bay Area CRE market insights? Savvy people know the place to be on… Read more
Obsolescence in The Quad Cities?
The good news for the Quad Cities region (Moline, East Moline and Rock Island, IL; and Davenport and Bettendorf, IA)… Read more
IKEA Submits Plans for First WI Store
In a move to increase its presence in the Midwest, IKEA has submitted plans for approval to the city of… Read more
Blackhawk on Halsted in Chicago Goes for $130M
LaSalle Investment Management, representing a foreign pension fund, has struck a deal with Structured Development for the 224,000-square-foot Blackhawk on… Read more
Minneapolis’ COCO Expands to Chicago
COCO, a co-working space company in Minneapolis, is expanding to Chicago with its acquisition of Enerspace Chicago at 1046 W.… Read more
Abbott Wants St. Jude For $25B
Abbott Laboratories, headquartered near Chicago, has announced that it will buy St. Jude Medical Inc. in a deal worth $25… Read more