Illinois
Airlines Sign Off on Revised O’Hare Terminal Construction Timeline
The City of Chicago has reached an agreement with United Airlines and American Airlines to move forward with a revised… Read more
Bipartisan Congressional Caucus Targets Housing Supply, Affordability
Industry associations on Monday applauded the establishment of the new Bipartisan Congressional Real Estate Caucus, which will address the lack… Read more
Net Lease Office Properties Divests Three Assets for $132M
Net Lease Office Properties (NLOP), headquartered in New York City, said it had sold three office properties in March and… Read more
‘Special Achievement of the Year’ Awarded to the Goldie Initiative
The Goldie Initiative, a nonprofit organization designed to prepare women for senior leadership roles in commercial real estate, was the… Read more
Essex Brokers Redevelopment Opportunity in Lincoln Square
Essex Realty Group Inc., a Chicago-based multifamily brokerage firm, has finalized the closing of an adaptive reuse opportunity in Chicago’s… Read more
Four-Building Lincoln Park Rental Portfolio Trades Hands
Interra Realty brokered the $3.4 million sale of 2642-50 N. Marshfield Ave., a four-building, 14-unit rental portfolio comprising two apartment… Read more
Newly Renovated Properties in West Garfield Park Sell
Kiser Group successfully closed a portfolio in West Garfield Park for a final price of $2.1 million, advised by Jack… Read more
Entre Commercial Completes 42K-SF Sale in Spring Grove
Entre Commercial Realty completed the sale of a 42,901-square-foot building located at 2503 Spring Ridge Road in Spring Grove, Illinois.… Read more
Rivian Awarded $827M Incentive Package to Expand Plant in Normal
Rivian Automotive, Inc. has received an $827-million incentive package from the State of Illinois Department of Commerce & Economic Opportunity,… Read more
T5 Data Centers Plans Hyperscale Campus North of Chicago
T5 Data Centers (T5) plans to significantly expand its footprint and will build a new data center campus in Grayslake,… Read more
DMG Capital, Wayland Real Estate Capital Acquire North Side MF
DMG Capital, the multifamily investment affiliate of Chicago-based Daniel Management Group (DMG), partnered with Wayland Real Estate Capital to acquire 4179 W. Belmont.… Read more
Chicago, Midwest | Weekly People & Companies for May 3, 2024
TMG Real Estate Advisors (TMG) announced the promotion of Andris Lizenbergs, Rob Prioletti and Jimmy Yfantopulos. Since last year, they have… Read more
Byline Bank Provides $14M to Finance Construction of TX Industrial Building
Byline Bank’s Commercial Real Estate Group has closed on $14 million in financing for the construction of a 257,000-square-foot industrial… Read more
Annual Chicago Commercial Real Estate Awards Raises $1M for Hunger Relief
Nearly 1,600 of Chicago’s commercial real estate professionals recently gathered to celebrate the 36th Annual Chicago Commercial Real Estate Awards… Read more
Madison Equities Selling Downtown St. Paul Portfolio
Madison Equities, downtown St. Paul’s largest property owner, is marketing six office buildings in addition to two parking ramps for… Read more
Kiser Group Brokers Three Multifamily Deals in Chicago
Kiser Group has closed three real estate transactions by brokers John George and Joe Bianchi. The first property at 11026… Read more
Chicago-Based Waterton Snags Seattle Area MF for $53M
Waterton, a Chicago-based real estate investor and operator, has acquired a 186-unit, garden-style apartment community in Renton, Washington. Eli Hanacek, Mark… Read more
JT Magen Completes Fit-Out of Cartier’s New Chicago Space
JT Magen, a national construction firm, has completed a new two-story retail space for luxury jewelry brand Cartier, which recently… Read more
Mosaic Construction Completes Renovations at Evanston Distillery
Mosaic Construction LLC, a full-service commercial and multifamily design-build firm, has completed renovations at FEW Distillery, a craft distillery with… Read more