Illinois
Puget Sound Industrial Market Sees Steady Leasing Activity
The Seattle and Puget Sound industrial market closed out 2024 with steady leasing activity, according to a recent report by… Read more
PPR Capital Management Acquires 224-Unit MF in Kansas City
PPR Capital Management (PPR), a private equity real estate investment firm, has acquired Infinity at Plaza West, a 224-unit garden-style… Read more
Marcus & Millichap Brokers Sale of Chicago MOB
Marcus & Millichap has closed the sale of 2335 S. Michigan Ave., a medical office property fully leased to Shifrin… Read more
Chicago Office Market Sees Leasing Uptick, Investment Opportunities
Despite high vacancy rates, both the downtown and suburban Chicago office markets showed signs of positive momentum at the end… Read more
EBS Picks Up 91-Acre LV Industrial Site
EBS Realty Partners (EBS) and Penwood Real Estate Investment Management (Penwood) acquired 9150 N Terryl B Adams Street, a 90.96-acre industrial development site… Read more
KHP Reveals Timetable for Charlotte Office-to-Hotel Conversion
KHP Capital Partners is planning to convert the historic Johnston Building into a 245-room hotel with a fine-dining restaurant and… Read more
RMK Named Property Manager of Ravenswood Multifamily
RMK Management Corp. has been named property manager for The Raven Residences, a transit-oriented rental community at 4733 N. Wolcott… Read more
PREMIER Completes 106K -SF Headquarters in Buffalo Grove
PREMIER Design + Build Group has completed Underground Devices’ new 106,920-square-foot headquarters in Buffalo Grove, Illinois. The project included extensive improvements to… Read more
Border-Area Warehouses Bought by MAG
MAG Capital Partners acquired two logistics facilities in Hidalgo County in a sale-leaseback transaction with Commodities Integrated Logistics (CiL), a… Read more
Heitman Surpasses $600M Fundraising Goal with Latest Debt Vehicle
Chicago-based Heitman LLC on Monday announced the close of its Heitman Real Estate Debt Partners III fund at $806 million… Read more
Skender Completes Construction on East Garfield Park Housing Complex
Skender has completed construction on Fifth City Commons, a 43-unit, 60,000-square-foot affordable housing complex located at 3155 West 5th Avenue… Read more
Becovic Partners with POAH on North Side Affordable Housing
Becovic Management Group will partner with Preservation of Affordable Housing, Inc. (POAH) to support the $27 million renovation of the… Read more
Parts Town Opens 420K-SF Glendale Fulfillment Centers
Stevens-Leinweber Construction (SLC) has completed a Global Fulfillment Center for Illinois-based Parts Town Unlimited. Spanning a full building at the C|303 industrial… Read more
Chicago/Midwest People & Company News, week of January 31, 2025
Ryan Companies US, Inc. announced several recent leadership changes as the company continues to strengthen its presence in key markets.… Read more
Clear Height, Harbert Acquire Light Industrial Portfolio in Cincinnati
A joint venture partnership between Oak Brook-Illinois-based real estate investor Clear Height Properties and Harbert US Real Estate, an investment… Read more
JLL Arranges $42M for Jewel-Osco Anchored Retail Center in Wheaton
JLL has secured a $41.65 million financing of Danada Square West, a 314,819-square-foot grocery-anchored shopping center in Wheaton, Illinois. JLL… Read more
Investment Firm Neuberger Berman Leases 52K SF in the West Loop
Private investment firm Neuberger Berman has inked a deal for a 52,000-square-foot lease at 191 North Wacker in Chicago’s West… Read more
Waterton Closes $16M for Suburban Chicago MF Development
Waterton has closed a $16 million preferred equity investment for the development of the Residences at Eastbank, a five-story, 258-unit,… Read more
NYC Leads U.S. in Ongoing Office Demand Recovery
New York City has emerged as the leader in the ongoing office demand recovery, surpassing its pre-pandemic benchmark in the… Read more