Illinois
Ground Breaks on $1.5B Riverline in Chicago
Construction has begun on Riverline, a massive development consisting of residential high-rises, tow...Read more
First Midwest Enters into $150M Sale-Leaseback for 55 Branches
First Midwest Bank, headquartered in Itasca, IL, entered into an agreement with Oak Street Real Esta...Read more
U.S. Bank Files $132M Foreclosure Against AT&T Campus
U.S. Bank filed a $131.8 million foreclosure complaint against the former AT&T corporate campus ...Read more
Blackstone’s $175M Sale Sets Chicago Record – Again
Blackstone Group struck a deal with Adventus Realty Trust to sell the 869,120-square-foot Riverway o...Read more
Amazon Plans Another Illinois Fulfillment Center
Amazon.com has plans to open an 850,000-square-foot fulfillment center in Monee, IL. Monee is a vill...Read more
Chicago Transit Bracing for “Blue Line Boom”
As more residents move to Chicago’s near west side, the Chicago Transit Authority is figuring out ...Read more
JLL Appoints Christian Ulbrich CEO; Collin Dyer to Retire
Jones Lang LaSalle announced the appointment of Christian Ulbrich to the position of Chief Executive...Read more
Canada Encourages Axe-Throwing in Chicago’s West Loop
Bad Axe Throwing, a Canadian company specializing in indoor axe-throwing parties, will open its firs...Read more
German Pharma Investing $250M to Expand Campus
Fresenius Kabi is planning a $250-million expansion of the pharmaceutical company’s urban Chicago ...Read more
HFF Secures $78M Construction Financing for West Loop Development
Holliday Fenoglio Fowler, L.P. (HFF) secured a $78-million construction loan for the development of ...Read moreAT&T Chicago-Area Campus Faces Foreclosure
A little more than a month following the announcement that special servicer C-III Asset Management t...Read more
Sam Zell’s Telltale Sign of Real Estate’s Peak
According to Sam Zell, the real estate market could be reaching its turning point. The founder of d...Read more
Alcatel-Lucent 516K-SF Naperville Office Hits Sales Block
A massive build-to-suit for Alcatel-Lucent in Naperville, IL is up for sale just months after Nokia ...Read more
Blackstone Selling Oak Brook Office to Zeller for $125M
Blackstone Group has reached a deal to sell the three-building Commerce Plaza in Oak Brook, IL to Ze...Read more
Canadian Buyer Nabs Chicago-Area MF for $68M
John Hancock Real Estate, a unit of Manulife Financial in Toronto, paid $68 million for the 204-unit...Read more
U.S. Steel Puts 430-Acre Chicago Site on Market
U.S. Steel put its South Works steel mill site on the market. Cushman & Wakefield has been retai...Read more
Bridgford Foods to Develop MF, Office on Chicago’s West Loop Site
Bridgford Foods is planning to build apartments and office space on its West Loop site, a Chicago lo...Read more
285-Room Public Chicago Hotel Sells for $60M
Ian Schrager sold the 285-key Public Chicago Hotel for $60 million to Hong Kong-headquartered Gaw Ca...Read more
Lennar Sells IL-Based Tapestry Apartments for $73M
Lennar Multifamily Communities sold a 298-unit apartment property, Tapestry, to Stockbridge Capital ...Read more