Illinois
The Making of “Future-Ready” Cities
It’s not news that most global cities are working toward sustainability and resilience. There are good reasons for this, including… Read more
Google Unveils New Renderings of Thompson Center Revamp
Google has unveiled new renderings of the lower level of the Thompson Center, which is undergoing a $280 million renovation project. Google… Read more
SVN Closes Sale of High Price-Per-Door Lombard Deal
SVN Chicago Commercial has announced the sale of a seven-unit multifamily property at 143 E Grove Street in Lombard, Illinois.… Read more
JLL Completes Recapitalization of $725M Senior Housing Portfolio
JLL has arranged the recapitalization of a $725 million, 20-asset seniors housing portfolio spanning the Sunbelt, Northeast and Midwest markets.… Read more
Net-Leased Starbucks in Third Lake Trades Hands
Marcus & Millichap closed the sale of a net-leased Starbucks location in Third Lake, Illinois. The property sold for $2,487,804.… Read more
Chicago Mayor Calls for $300M Property Tax Hike to Close Budget Gap
Chicago Mayor Brandon Johnson is calling for a $300 million property tax hike to avoid drastic cuts to city services… Read more
Trammell Crow Breaks Ground on Chicagoland Warehouse
Trammell Crow Company (TCC) has broken ground on a 788,000-square-foot speculative cross-dock warehouse in Plainfield, Illinois, approximately 40 miles southwest… Read more
Weiss Realty Taps JLL to Lease Former Caterpillar Warehouse
Moonachie, NJ-based Weiss Realty appointed JLL’s Industrial Group in Chicago, led by SVP Conor Mullady, to oversee the leasing of… Read more
AbbVie Foundation’s $75M to Support Construction of UChicago Cancer Care Pavilion
A $75-million donation by the AbbVie Foundation to the University of Chicago will help support the construction of UChicago Medicine’s new… Read more
Tech-Centric Office Markets See Year-Over-Year Surge in Demand
Demand for office space surged over the past 12 months in cities driven by the tech sector, according to the… Read more
Chicago/Midwest People & Company News, week of November 1, 2024
CBRE announced that Ray Hamilton has been promoted to Senior Vice President within the firm’s Des Moines office. Hamilton joined… Read more
Harrison Street Trades Trio of Senior Living Assets to Inland
Harrison Street has sold three senior living properties, Clarendale of St. Peters, Clarendale of Chandler and Clarendale at Indian Lake,… Read more
255 Big Lots Leases Come to Market
A&G Real Estate Partners is now accepting bids on 255 Big Lots store leases nationwide as part of the retailer’s… Read more
Equinox Signs 40K-SF Lease in Fulton Market
Fulton Street Companies has signed Equinox to a 40,000-square-foot lease at its newest building, 919 West Fulton in downtown Chicago.… Read more
IQMP Announces Leadership Team for Quantum Park
The Illinois Quantum and Microelectronics Park announced the inaugural leadership team that will steer operations for the historic campus, which… Read more
Interra Closes $12M Sale of Lakeview Mixed-Use Building
Interra Realty, a Chicago-based commercial real estate investment services firm, today announced it brokered the sale of The Bel, a… Read more
Boston Financial Closes LIHTC Fund at $170M
Boston Financial, reportedly the largest syndicator of U.S. Low-Income Housing Tax Credits, has closed Boston Financial Institutional Tax Credits 60… Read more
Bowa Construction Doubles Chicago HQ with Downtown Move
Bowa Construction, a minority-owned and operated general contracting and construction management firm based in Chicago, has relocated its South Side… Read more