Illinois
Dubai-Based EDGNEX Plans $20B Expansion into U.S. Data Center Market
Dubai-headquartered global digital infrastructure company EDGNEX Data Centers by DAMAC plans to enter the U.S. market, targeting a 2,000-megawatt capacity… Read more
Kiser Group Expands Into Minneapolis-St. Paul Market
Kiser Group has expanded into Minnesota by partnering with multifamily broker Robert Dulin to open a multifamily brokerage office in… Read more
JLL Facilitates $114M Loan for Fulton Market Apartments
JLL has secured a $113.75 million agency loan for K2 Apartments, a 496-unit, Class-A, high-rise apartment complex in Chicago, Illinois. JLL… Read more
Northwind Group Provides $62M for Office Building in Chicago’s East Loop
Northwind Group has provided a $62.5 million first mortgage, senior secured acquisition and lease-up loan collateralized by 303 East Wacker… Read more
DRA Advisors, Venture One JV Buys Industrial Building in Joliet
A panrtnership of Venture One Real Estate and DRA Advisors recently aqcuired a 624,654-square-foot industrial building at 2700 Ellis Drive… Read more
Chicago/Midwest People & Company News, week of January 2, 2025
Intersect Illinois has announced new appointments to its board of directors: Lisa C. Freeman, Northern Illinois University president; John M.… Read more
Bally’s Chicago Offers Equity Stake Investment Opportunity
Bally’s Chicago, Inc. announced the offering of a 25% equity stake in its Chicago casino and resort project. The funds… Read more
Marcus & Millichap Arranges Sale of Chicago Self-Storage Properties
Marcus & Millichap has completed the sale of a two-property self-storage portfolio in Chicago, Illinois. The portfolio includes two Honore… Read more
Inland Cofounder G. Joseph Cosenza Passes Away, Age 81
The Inland Real Estate Group of Companies, Inc. announced Thursday the passing of Cofounder G. Joseph Cosenza. Cosenza passed away… Read more
The Boulder Group Arranges Sale of Net Leased Chicago-Area P.F. Chang’s
The Boulder Group, a net-leased investment brokerage firm, completed the sale of a single-tenant P.F. Chang’s located at 2361 Fountain… Read more
Entre Commercial Realty Completes Long-Term Lease in Illinois
Entre Commercial Realty is pleased to announce that it has recently completed a long term 25,000 square foot lease at… Read more
Urban Innovations Negotiates 100K SF in River North Office
Urban Innovations has signed more than 30 new leases, renewals, and expansions within the past six months, totaling more than… Read more
Chicago/Midwest People & Company News, week of December 19, 2024
Architecture and urban design firm Studio Gang announced that Joan Verbon has been appointed as Principal and Chief Financial and… Read more
Engineering Firm Commits to Lease in Schaumburg
Transwestern Real Estate Services (TRS) has represented building ownership in a lease with RTM Engineering Consultants totaling 15,452 square feet… Read more
Marcus & Millichap Facilitates Sale of Chipotle-Leased Property in Normal
Marcus & Millichap completed the sale of a two-suite retail strip property leased to Chipotle and Blaze Pizza in Normal,… Read more
New National Industrial Platform Outrigger Industrial Launched
Four industrial real estate executives, in partnership with investment firms Davidson Kempner Capital Management and Monarch Alternative Capital, announced the… Read more
Johnson’s $17B Budget Approved Without Property Tax Hike
The Chicago City Council narrowly approved Mayor Brandon Johnson’s $17.3 billion budget proposal on Monday, after weeks of debate over the proposed… Read more
Dallas Leads State in Rental Competitiveness
RentCafe.com has released a rental competitiveness report. Dallas leads Texas’ large rental markets in 2024 with a rental competitiveness score of 72.3 out of… Read more
Colliers Arranges 99K-SF Lease to Chicago Department of Aviation
Colliers‘ Jonathon Connor, Francis Prock and Jason Simon recently represented FCA Partners, owners of U.S. Cellular Plaza, in its 99,421-square-foot… Read more