Illinois
Interra Closes $9M Sale of Hyde Park Mixed-Use
Interra Realty has brokered the sale of a mixed-use building at 5300 S. Blackstone Ave. featuring 24 apartments as well… Read more
Peak Properties Adds Units Near Northwestern University to Portfolio
Peak Properties has taken over property management and leasing for two classic courtyard buildings, 2108 Sherman Ave and 2201 Maple… Read more
The True Costs of Nationwide Office Vacancies
Office vacancies in almost every geographic area have existed for several years, further exacerbated by work-from-home and hybrid work trends.… Read more
Walgreens to Close 1,200 Retail Stores
Walgreens Boots Alliance plans to close 1,200 stores during the next three years, with 500 closures set for next year.… Read more
Golf VX to Open Flagship Simulator Location in Arlington Heights
Golf VX, a manufacturer and franchisor of technology-driven golf simulators, plans to open its inaugural Golf VX flagship venue in… Read more
Newly Built North Side Apartments Bought for $17M
Chicago-based KMA Companies and Property Management has added to its multifamily managed portfolio with the acquisition of The Topaz, formerly… Read more
Pinterest Signs Lease for Engineering Office Space in Seattle
Pinterest Inc. is leasing permanent space at the Met Park East building in Seattle. The San Francisco-based tech company is… Read more
Carbon-Positive Hotel to Open in Denver
Just days from opening, The Populus in Denver says it will be the only carbon-positive hotel. The 13-story, 135,000-square-foot hotel,… Read more
West Loop Apartment Building Sells for $76M
JLL Income Property Trust completed the sale of a 28-story apartment community at 180 North Jefferson, in Chicago’s West Loop neighborhood. The property… Read more
Report: Illinois a Key Player Amid Rapid Growth in Data Centers
LandGate, a leading provider of data center market intelligence, has unveiled its latest analysis on the burgeoning data center landscape… Read more
Essex Closes Sale of Mixed Use Building in Ukrainian Village
Chicago-based multifamily brokerage firm Essex Realty Group, Inc., completed the sale of a nine-unit mixed-use building at 859 N. Damen… Read more
Related Midwest Unveils Plans for Massive Quantum Computing Campus
Plans for Related Midwest’s development of a sprawling quantum computing research-anchored campus on the former U.S. Steel South Works site… Read more
Chicago/Midwest People & Company News, week of October 11, 2024
29th Street Living, the property management division of 29th Street Capital, announced a significant expansion into third-party property management, bringing… Read more
Alterra IOS Acquires Three Chicago-Area Outdoor Storage Sites
Alterra IOS has acquired three IOS sites totaling 14 usable acres in the Chicago metropolitan area. The parcels include 2201… Read more
Zoning Approval Granted for Naperville Self-Storage
Hernandez Development and XSITE Real Estate have announced the site plan approval from the Planning and Zoning Department of DuPage… Read more
MonticelloAM Closes $59M to Finance IL Skilled Nursing Facilities
MonticelloAM, a specialized multifamily and seniors housing bridge lending platform, and its affiliates announced the closing of $59.25 million in… Read more
NAI Hiffman Leases Speculative Medical Office Suite in Hinsdale
NAI Hiffman represented Remedy Medical Properties in securing a new tenant at the Salt Creek Medical Campus in Chicago’s western… Read more