Illinois
BWE Secures $20M for Chicago Suburbs Mixed-Use
BWE has secured a $20 million loan to finance the acquisition of Innovation Park, a one million square foot mixed-use… Read more
Continental Towers Leases 91K SF of Space in 2024
Transwestern Real Estate Services (TRS) announced that Continental Towers has completed over 91,000 square feet in new lease, renewal, and… Read more
Office CMBS Delinquencies Surpass 10% in November
Soured office loans drove a 7.36% increase in CMBS delinquencies during November, Trepp reported. The U.S. CMBS delinquency rate rose… Read more
SRS Completes Ground Lease Sale of Raising Cane’s in Quincy
SRS Real Estate Partners has completed the $2.6 million ground lease and land ownership sale of a newly developed Raising… Read more
Associated Bank Finalizes $43M for TCC Project in Illinois
Associated Bank has completed a $43.6 million warehouse and distribution center construction loan for Trammell Crow Company (TCC) for a… Read more
Foxtrot to Reopen Location in River North
A fifth Foxtrot location is set to reopen in Chicago this week in River North. The upscale grocery chain recently… Read more
LaSalle: 2025 Will Launch New CRE Cycle in US and Canada
U.S. and Canadian real estate is on the verge of a new cycle in 2025, with interest rates down from… Read more
Ryan Cos. Starts Final Phase of Pullman Crossings Industrial Park
Ryan Companies has formed a joint venture with Namdar Realty Group and Mason Asset Management, which announced the financial land… Read more
Chicago’s Luxe on Madison Secures $25M Refi
JLL has secured the $24.75 million refinancing for Luxe on Madison, a 102-unit multifamily community in Chicago, Illinois. The firm represented… Read more
Brennan Investment Group’s Opportunity Fund Acquires Second Asset
Brennan Investment Group has acquired a single-tenant, 225,000-square-foot industrial property on 7.16 acres in Chicago, Illinois. Located at Interstate 55… Read more
BR Companies Unveils $250M High-Rise in KC
California-based BR Companies, a development and construction firm, plans to build a new 25-story residential high-rise on Grand Blvd in… Read more
Gantry Secures $15M for Illinois Industrial Park Acquisition
Gantry has secured a $14.7 million permanent loan for the acquisition of Eastport Tech Center located at 1601,1605,1607, and 1609… Read more
Aritzia Opens Flagship Boutique on Magnificent Mile
Vancouver-based women’s fashion boutique Aritzia recently opened its two-story flagship location on Chicago’s Magnificent Mile, filling a vacant space at… Read more
Ventas Pays $78.5M for Tucson Sr. Living Center
The Country Club of La Cholla, a 217-unit independent and assisted living community on Tucson’s north side sold to Ventas,… Read more
Stream Eyeing 1.3M-SF Atlanta-Area Data Center
Steam Data Center has applied for a data center project near Douglasville with a Georgia planning agency. The development would… Read more
Optima Gains Approval for North Shore Luxury Residences
Optima, Inc. has received final village board approval for Optima Lumina, a 128-unit luxury residential building in downtown Wilmette on… Read more
Lee & Associates Negotiates Downtown Naperville Restaurant Lease
Lee & Associates has negotiated a 3,163-square-foot restaurant lease at Riverwalk Plaza, 175 W Jackson Avenue, Suite 223, Naperville, Illinois.… Read more
IPA Arranges $68.5M for Chicago MSA Residential Development
IPA Capital Markets, a division of Marcus & Millichap, has closed a $56 million senior construction financing loan and $12.5… Read more