Illinois
Condos Planned for Shuttered CVS Site in Lincoln Park
One of several Chicago-area CVS pharmacy locations that recently closed is set for redevelopment, including condos. The site at 401… Read more
DMG Capital Acquires Chicago Apartments in River West
DMG Capital, the multifamily investment affiliate of Chicago-based Daniel Management Group (DMG), has acquired the Linkt Apartments in Chicago. The River West… Read more
Chicago Ranks 3rd for Most Fortune 500 Companies
Chicago ranked third in Fortune’s 2024 edition of the 500 list, with 15 Chicago-area companies in this year’s ranking. It’s… Read more
North Side Apartment Building Sells for $11M
Interra Realty has brokered the $11.2 million sale of a multifamily property at 452 W. Oakdale Avenue in Chicago’s Lakeview… Read more
Prime Group, CRG JV Acquires Distressed Jewelers Building
A joint venture of The Prime Group, Inc. and CRG, the real estate development and investment management arm of Clayco,… Read more
Copper Supplier Begins on $500M Expansion of IL Facility
Wieland, a supplier of copper and copper alloy solutions, has started a $500 million modernization and expansion of its facility… Read more
Chicago/Midwest People & Company News, week of June 3, 2024
JLL has hired Kristen Vosmaer as a managing director for its growing Data Center Work Dynamics business. In this role,… Read more
Peak Properties Tapped to Manage Newly Constructed MF in Chicago
Peak Properties LLC has been tapped to manage 3140 Clybourn, a new mixed-use building with 39 luxury units and over 3,100 square… Read more
Northmarq’s Chicago Office Secures $16M for Iowa MF
Brett Hood, managing director of Northmarq’s Chicago Debt + Equity office, secured the $16,095,000 acquisition financing for Walnut Lake Apartments,… Read more
Cold-Plunge Fitness Concept Opening in Chicago
Cushman & Wakefield represented SweatHouz (SWTHZ), an infrared-sauna and cold-plunge wellness brand, in securing Chicago locations in Old Town, the… Read more
MF Portfolio in O’Hare Submarket Trades Hands
Interra Realty brokered the sale of a three-property, 18-unit multifamily portfolio on the city’s Northwest Side near O’Hare International Airport… Read more
Workbox Raises $17.5M in Funding for Expansion
Workbox, a Chicago-based workspace operator, raised $17.5 million in Series A funding. The round, which has a follow-on option to… Read more
WM to Acquire IL Waste Disposal Company Stericycle for $7.2B
Waste Management (WM) is set to acquire Illinois-based Stericycle Inc. in a deal valued at $7.2 billion. WM and Stericycle… Read more
Core Industrial Realty Closes Five Chicago-Area Transactions
Oak Brook, Illinois-based Core Industrial Realty, has completed five recent transactions in the suburban Chicago area. Core Industrial Realty has… Read more
CyrusOne to Build Two Data Centers in Aurora
Cyrus One, a data center provider with facilities in Aurora and Lombard, is eyeing an expansion with three new towers… Read more
Interra Realty Brokers Sale of South Side Multifamily Portfolio
Interra Realty brokered the sale of a three-building, 114-unit multifamily portfolio on the city’s South Side for $9.3 million, or… Read more
TopSide Marinas Expands Portfolio with Acquisition of Bay Marine
TopSide Marinas completed the acquisition of two marinas on the shores of Lake Michigan, including Bay Marine of Sturgeon Bay… Read more
JT Magen Completes Wayfair Retail Store in Suburban Chicago
JT Magen, a national construction firm, has completed the 150,000-square-foot, two-story retail space for Wayfair at Edens Plaza in the… Read more
Partner Valuation Advisors Adds McKenna Luke to Lead National Hospitality Practice
Partner Valuation Advisors, a Chicago-based appraisal firm, has hired McKenna Luke, MAI, who joins to lead the firm’s National Hospitality… Read more