Illinois
Report: Chicago Office Market Leasing Activity Remains Expiration-Driven
The downtown Chicago office market experienced divergent conditions in Q2, with overall inventory remaining stable at 148.7 million square feet,… Read more
Marcus & Millichap Brokers Sale of Net-Leased Walgreens in Jefferson City
Marcus & Millichap has brokered the sale of a net-leased Walgreens location in Jefferson City, Missouri. The property sold for… Read more
Nominations Are Open for Connect CRE’s 2024 Women in Real Estate Awards
For the eighth consecutive year, Connect Commercial Real Estate will honor women whose talent, drive, leadership and fresh ideas have… Read more
Google, CME to Build Chicago-Area Facility to Move Trading Into Cloud
Chicago-based CME Group and Google Cloud have announced plans to build a new private Google Cloud region and a co-location… Read more
Northwestern University Breaks Ground on New Stadium
Northwestern University recently held a formal groundbreaking for its new Ryan Field on the site of the demolished football stadium.… Read more
Inland Chicago Retail-Focused DST Sells Suburban Retail Property
Inland Private Capital Corporation (IPC) closed the sale of a retail property in Downers Grove, Illinois, a southwest suburb of… Read more
Becovic Acquires Two Edgewater Multifamily Properties
Becovic Residential, a Chicago-based multifamily owner and operator, has added two apartment communities to its Edgewater offerings. The Winthrop House,… Read more
Chicago/Midwest People & Company News, week of June 28, 2024
Kiser Group has promoted three team members, Jackson Medina, Noah Shutan, and Hunter Wern, from Associates to Advisors. This advancement… Read more
LJC Unveils Renderings of Office-to-Residential Conversion in Chicago’s Loop
Lamar Johnson Collaborative, an architecture firm headquartered in Chicago, has revealed interior renderings of The LaSalle Residences, an office-to-residential adaptive… Read more
American Dental Association to Move Chicago HQ to 401 N. Michigan Ave
The American Dental Association (ADA) will relocate the company’s headquarters to 401 North Michigan Avenue starting in the first quarter… Read more
HSA Commercial Signs 234K-SF Lease Near Indianapolis Airport
Chicago-based HSA Commercial Real Estate has executed a full-building lease with Marathon Electric LLC at its new Terminus at Hobbs… Read more
Urban Renaissance Group CEO Stepping Down
Commercial real estate firm Urban Renaissance Group announced that founder and CEO Pat Callahan will step into a new role… Read more
CBRE Arranges Initial Lease at Newly Renovated Canal Station
Consulting firm R.M. Chin & Associates has signed a 15,473-square-foot lease for a new Chicago office at 801 S. Canal… Read more
Skender Completes Rehab of Chicago’s BJ Wright Apartments
On behalf of New York-based developer Jonathan Rose Companies, Skender has completed a full interior and exterior revitalization of the… Read more
Luxury Apartments in West Suburban Chicago Now Open and Leasing
Ryan Companies US, Inc. announced that Vyne on Haven is now open and available for leasing. The apartment community is… Read more
VW Enters $5B Joint Venture with Rivian for “Next Generation” Electric Vehicles
Volkswagen Group will invest up to $5 billion in Irvine-based electric-vehicle manufacturer Rivian under a new joint venture, the two companies announced.… Read more
Sterling Bay’s Lincoln Park Housing Project Advances
A two-tower multifamily development proposed by Sterling Bay that had advanced through the initial hurdle of zoning approvals is now… Read more
Värde Provides $185M Refi for 20-Property Self-Storage Portfolio
Värde Partners, a global alternative investment firm, has provided a $185 million loan to refinance a multi-state self-storage portfolio to… Read more
Core Spaces Opens New BTR Community in Nashville
Chicago-based Core Spaces, a residential real estate developer, owner and operator, is now leasing at Oxenfree WeHo, a new rental… Read more