Illinois
JLL: Data Center Sector Remains Strong Amid AI Growth
Despite challenges and unique market dynamics, data centers are thriving. According to JLL’s new North America Data Center Year-End 2024… Read more
Portland Art Museum Sets Date to Open $111M Campus Expansion
The Portland Art Museum (PAM) announced that its expanded and renovated campus will open to the public on November 20,… Read more
Tishman Speyer Secures 240K-SF Lease Extension at Chicago’s CME Center
Tishman Speyer completed a 240,000-square-foot lease extension with bp at CME Center in the heart of Chicago’s West Loop district.… Read more
NAI Hiffman Closes Joliet Industrial Outdoor Storage Deal
NAI Hiffman has completed the sale of 18424 NW Frontage Road in Joliet for $4,625,000. The seven-acre, fenced and secured… Read more
Essex Brokers Sale of Sauk Village Apartment Complex
Essex Realty Group has negotiated the sale of a ten-building multifamily portfolio consisting of 180 total units. The portfolio sold… Read more
Edwards Realty Company Breaks Ground on Orland Park Development
Orland Park-based Edwards Realty Company and the Village of Orland Park are set to break ground on Downtown Orland Park,… Read more
JLL Secures $55M for Luxury Townhomes in Deerfield
JLL has arranged a $45.7 million construction financing and a $9.9 million mezzanine financing for Park5 Luxury Rental Townhomes, a 144-unit… Read more
Chicago/Midwest People & Company News, week of March 21, 2025
W.E. O’Neil Construction announced that Brian Ramsay is transitioning from CEO to chairman of the board while John Finn will… Read more
Venture One Buys 219K-SF Waukegan Industrial Facility
Venture One Real Estate, through its acquisition fund, VK Industrial VII, LP, has closed on the acquisition of a 218,617-square-foot… Read more
Return to Lender: Week of March 20, 2025
CLARIFICATION: As reported by Connect CRE on March 13, Morningstar Credit initially cited “monetary term default” as the cause behind… Read more
Interra Brokers $10M Sale of Gold Coast Condo Building
Interra Realty has brokered the $10 million sale of an eight-unit condominium building at 1447 N. Dearborn Parkway in Chicago’s… Read more
Net-Leased CVS Property in Ohio Trades Hands
Marcus & Millichap has completed the sale of a net-leased CVS property in Westerville, Ohio. “With a prime location at… Read more
Essex Facilitates Sale of Hyde Park Apartment Building
Essex Realty Group has completed the sale of 5550 S. Dorchester Avenue, a 124-unit, 15-story apartment building located in Chicago’s… Read more
Avison Young Arranges 42K-SF Office Lease for NinjaTrader
Avison Young has arranged a full floor, 41,929-square-foot office lease on behalf of NinjaTrader Group, LLC at 222 North LaSalle… Read more
Michael Brennan Receives Connect Lifetime Achievement Award (VIDEO)
Michael Brennan, Chairman and Managing Principal at Brennan Investment Group, recently received the Connect Lifetime Achievement Award. The award was… Read more
Kiser Group Brokers Hyde Park Multifamily Portfolio Sale
Kiser Group has successfully brokered the sale of a two-building multifamily portfolio near the University of Chicago for $8 million.… Read more
TCC Signs Expansions, HQ Lease at Chicago’s Fulton Labs
Trammell Crow Company (TCC) has signed three leases at 400 North Aberdeen within its Fulton Park Campus in Chicago’s Fulton… Read more
Dermody to Build Logistics Facility Center in Romeoville
Dermody has acquired 251 South Pinnacle Drive in Romeoville, Illinois, located in the I-55 south industrial submarket of Chicago. The… Read more
Chicago/Midwest People & Company News, week of March 14, 2025
Todd Stofflet has joined Lument’s growing real estate investment sales team as a managing director. Based in Chicago, Stofflet will… Read more