Illinois
Raymond James Moves to Renovated West Loop Office
Financial services firm Raymond James has completed the relocation of a majority of its Chicago-based associates to its new West… Read more
Core Industrial Realty Closes Multiple Transactions Across Illinois
Oak Brook, Illinois-based Core Industrial Realty has completed several recent transactions in suburban Chicago. Noel S. Liston and Nick Krejci… Read more
UChicago, Portal Innovations Announce Science Incubator at Hyde Park Labs
The University of Chicago’s Polsky Center, in partnership with Portal Innovations, a venture creation and development platform, announced that the UChicago… Read more
Nassimi Realty Acquires Midwest Shopping Centers Totaling 400K SF
Nassimi Realty, a New York-based real estate development company, announced the acquisition of two retail properties: Lake Plaza in the… Read more
Chicago/Midwest People & Company News, week of August 2, 2024
Bank of America has named Drew Slocum as president of Bank of America Wisconsin. As president, Slocum will lead the… Read more
The Apartment Source Tapped to Lease Newly Built Lakeview Property
The Apartment Source (TAS) has landed an exclusive leasing assignment at The Aurea, a 48-unit new-construction building located at 3821 North… Read more
Equity Commonwealth Will Pursue Liquidation Following Investor Pressure
Equity Commonwealth, the Chicago-based REIT that resulted from an activist investor takeover of the board of the former CommonWealth REIT… Read more
Core Spaces Establishes Global Wealth Management Platform
Core Spaces, a Chicago-based vertically integrated student housing real estate developer, owner and operator, has hired a leadership team to develop… Read more
Hilco Real Estate Sales Lists Hotel-Turned-Residential Along North Shore
Hilco Real Estate Sales announced August 14 as the bid deadline for the sale of 700 on Sheridan in Highwood, IL, a former hotel… Read more
POAH Acquires Two Former Heartland Properties on Near West Side
Preservation of Affordable Housing (POAH) acquired two residential properties, Harvest Commons and Warren Ashland Apartments, from the distressed Heartland Housing… Read more
Chicago Sky Building $38M Training Facility for 2026 Season
The Chicago Sky announced that the team plans to build a $38-million practice facility before the 2026 season. The more… Read more
OnTrac Expands E-Commerce Delivery Network to Chicagoland, Midwest
E-commerce parcel carrier OnTrac has expanded its delivery network into the Midwest. The added delivery coverage will stretch beyond Chicagoland… Read more
Berwyn Multifamily Portfolio Trades to Local Operators
Multifamily brokerage firm Essex Realty Group, Inc. arranged the sale of a three-property portfolio located in the western suburb of… Read more
PsiQuantum to Anchor Quantum and Microelectronics Park in Chicago
The former U.S. Steel South Works site, which has sat vacant for decades on Chicago’s Southeast Side, is slated to become the… Read more
Lee & Associates of IL Negotiates Two-Unit Lease in Des Plaines
Lee & Associates leased two contiguous units of 52,922 square feet at 2050 S Mount Prospect Road, Unit B &… Read more
Interface Acquires Ft. Myers Rental Property for $57M
Boca Raton-based Interface Properties recently purchased Brantley Pines, a 296-unit property in Fort Myers, Florida, from Oak Brook, Illinois-based commercial… Read more
Majority of Chicago Office Tenants Staying in Place or Upgrading
96% of Chicago’s CBD tenants maintained or upgraded building classes, according to a recent report from Avison Young. The report… Read more
Chicago/Midwest People & Company News, week of July 26, 2024
Chicago-based commercial real estate brokerage firm Greenstone Partners announced the addition of two experienced assets to its team. Senior Marketing… Read more