Illinois
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
Clear Height, Blackbird Investment Acquire ISF Property in Suburban Chicago
A joint venture partnership between Oak Brook-Illinois-based real estate investor Clear Height Properties and Chicago-based Blackbird Investment Group has acquired… Read more
Advocate to Invest $1B, Build New Hospital on Chicago’s South Side
Advocate Health Care announced plans to invest $1 billion over the next 10 years in a new hospital, 10 outpatient… Read more
Prudent Growth Buys Multi-Tenant Shopping Center in Champaign
Prudent Growth Partners has completed its first acquisition in Illinois, a $5.1 million purchase of Champaign Station in Champaign. The… Read more
Marcus & Millichap Arranges Sale of Retail Strip in Aurora
Marcus & Millichap has completed the sale of 5 N. Root St., a six-suite retail strip property located in Aurora,… Read more
RMK Management to Manage Three Chicago Rental Properties
RMK Management Corp. has been named property manager for three multifamily rental properties in Chicago’s northern suburbs. The properties are… Read more
IBM to Join Quantum Computing Campus in Chicago
IBM and Illinois Governor JB Pritzker have announced a collaboration to establish the new National Quantum Algorithm Center in the… Read more
Report: Commercial Properties Underassessed in Cook County
The Cook County Property Tax (PTAX) Reform Group, in collaboration with Josh Myers Valuation Solutions, has released a comprehensive study… Read more
Clune Construction Completes O’Hare Lounge Project
Clune Construction has completed the LOT Polish Airlines’ first American business lounge at Chicago O’Hare International Airport’s Terminal 5. The… Read more