Illinois
Illinois DOT Unveils $11B, Six-Year Infrastructure Plan
The Illinois Department of Transportation announced an $11.2 billion, six-year infrastructure repair...Read more
JLL Acquires Construction Consultant Merritt & Harris
In a move to boost its project and development offerings, Jones Lang LaSalle (JLL), headquartered in...Read more
CIM Completes Chicago’s Marquee at Block 37
CIM Group has completed construction of the 690-group Marquee at Block 37 apartment tower. Located a...Read more
Amazon to Open Two Illinois Centers
Amazon Inc. has announced plans to open two fulfillment centers in Edwardsville, IL, creating more t...Read more
Attics Become Apartments in Scarce Housing Markets
Apartment demand has increased since the Great Recession, and many younger renters can’t afford th...Read more
Mariano’s in Elmhurst, IL Sells for $25M
Following a less-than three-year hold, Inland Private Capital Corp. sold its Elmhurst, IL-based Mari...Read more
JLL Income Pays $73M for Alabama MF
JLL Income Property Trust has acquired the 276-unit Lane Parke Apartments at 2525 Parke Lane Court ...Read more
Chicago Main Street Post Office Plans Finalized
601W Cos. struck a deal to acquire and redevelop the Old Main Post Office near downtown Chicago. The...Read more
Chicago to Get a New Neighborhood
Developer Related Midwest has reportedly closed on 62 acres of undeveloped land in Chicago’s South...Read more
Navy Pier Short on Funds for Centennial Overhaul
Though significant parts of an ambitious $278 million project to overhaul Chicago’s Navy Pier in t...Read more
Blackhawk on Halsted in Chicago Goes for $130M
LaSalle Investment Management, representing a foreign pension fund, has struck a deal with Structure...Read more
Abbott Wants St. Jude For $25B
Abbott Laboratories, headquartered near Chicago, has announced that it will buy St. Jude Medical Inc...Read more
iPark: Lake County (IL) Signs Japanese Corp. as First Occupant
Valent BioSciences Corp. a subsidiary of Sumitomo Chemical Co. Ltd. of Japan, has become the first o...Read more
Sears, Kmart to Shutter 78 More Stores
Sears Holdings will undergo yet another round of store closings, in the face of sales declines at it...Read more
$315M LondonHouse Sale Breaks Chicago Record
Union Investment Real Estate, an investment manager based in Hamburg, Germany, has acquired the 452-...Read more
Plan Approved for Pittsburgh Produce Terminal
Chicago developer McCaffery Interests has won approval from the Urban Redevelopment Authority in Pit...Read more
Mesirow Pays $80M for Alta Stone Place in MA
Mesirow Financial acquired the 212-unit Alta Stone Place Apartments near Boston from Wood Partners. ...Read more
Chicago Backs Off from Post Office Fight – For Now
The contentious battle between the city of Chicago and owner/developer Bill Davies over the fate of ...Read more