Rosemont
Fogo de Chão Opens Fifth Chicago-Area Restaurant
Brazilian steakhouse Fogo de Chão has expanded its presence in the Chicago area with the opening of its fifth location… Read more
Connect Midwest Industrial Recap: Trends, Takeaways, and the Outlook on Industrial (VIDEO)
At Connect CRE’s recent Connect Industrial Midwest 2025 conference, leaders from across the commercial real estate industry gathered to discuss… Read more
Data Center Supply Surges with AI and Digital Services Demand
North America’s data center sector doubled the amount of supply under construction in 2024 from the previous year to a record 6,350.1 megawatts… Read more
Newly Built Multifamily Property in Illinois Trades Hands
Marcus & Millichap has arranged the sale of The Jade Residences of Waterfall Glen, a 70-unit apartment property located in… Read more
$42M Bridge Financing Secured for St. Louis Park Senior Living Property
A $42.908 million bridge loan refinancing has been secured for Risor of St. Louis Park, a 170-unit, 55+ apartment community… Read more
Bradford Allen to Redevelop Indy Motorsports Facility for Andretti
Bradford Allen has arranged a lease for TWG Motorsports, the parent company of Andretti Global, at the former IndyStar Pulliam… Read more
JLL Advises on $467M Sale-Leaseback of SouthState Banks
JLL has arranged the $467 million sale and leaseback of 165 retail bank branches across six southeastern states, occupied by… Read more
Cambridge Realty Capital Provides $43M for Properties in IL, WA, and IA
Cambridge Realty Capital has provided $43,360,100 in HUD-insured Section 223(f) financing for four senior housing properties located in Illinois, Washington,… Read more
Chicago-Based Origin Acquires Ninth Community in Nashville
Chicago-based Origin Investments has completed its second acquisition as part of its Origin Exchange DST investment program launched in June… Read more
Heitman Acquires Majority Stake in Swedish Self-Storage Operator
Chicago-based Heitman has acquired a majority stake in Servistore, Sweden’s third–largest self–storage operator. The business has 31 sites in 14… Read more
Meyer Borgman Johnson Relocating HQ in Downtown Minneapolis
Transwestern Real Estate Services (TRS) announced that Meyer Borgman Johnson has signed a new, long-term lease to occupy the 20th… Read more
NAI Hiffman Brokers Industrial Lease in Carol Stream
NAI Hiffman has brokered a long-term lease at 220 Westgate Drive in Carol Stream, Illinois, with zero days of vacancy… Read more
Chicago/Midwest People & Company News, week of February 28, 2025
JLL has appointed Travis McCready as the Head of Industries, Leasing Advisory. In this new role, he now oversees brokerage… Read more
CBRE Secures Downers Grove Office Complex Lease
CBRE has arranged a new 46,187-square-foot lease at Corridors II, a Group RMC-owned office building within the Corridors office complex… Read more
Greenstone Partners Brokers Multi-Tenant Deal For $11.5M
Greenstone Partners has brokered the sale of 821 W. Eastman, a 23,150-square-foot multi-tenant property in Chicago’s Lincoln Park neighborhood, for… Read more
Old Second Expands Chicago Footprint in $197M Evergreen Acquisition
Old Second Bancorp has agreed to acquire Bancorp Financial, the parent company of Evergreen Bank Group, in a cash-and-stock transaction… Read more
Marcus & Millichap Brokers Sale of Arlington Heights Apartments
Marcus & Millichap has completed the sale of Dryden Apartments, a 100-unit property located in Arlington Heights, Illinois. Ryan D.… Read more
Bell Works Chicagoland Adds to Tenant Roster with Office, Retail Leases
Bell Works Chicagoland continues its leasing momentum with seven new businesses and one office space expansion. The recent additions include… Read more
Net-Leased Emeryville Data Center Comes to Market
Starboard CRE, reportedly the largest, independently owned commercial real estate firm in San Francisco, has listed 6440 Shellmound St. in… Read more