What happened, and who moved.
183 items
showing 121–180 of 183
The number of roles tied to artificial intelligence is picking up in the Chicago market, with companies’ bets on new hires potentially bolstering the city’s office market in the coming years. Hiring momentum for AI-related roles has picked up in...
Bridge33 Capital completed an acquisition of Forest Plaza Shopping Center, a retail property located in Rockford, Illinois.
Colliers’ Dan Arends, Dougal Jeppe, Corby Marx, Joe Stevens and John Arends recently represented Swanson, Martin & Bell, LLP in a 56,760-square-foot long-term, headquarters lease restructure and renewal at 330 N. Wabash Ave. in Chicago. The 52-story riverside office tower is the last building in the U.S. designed…
NAI Hiffman and GREA announced the closing of the Downtown Hinsdale Portfolio, a four-parcel, multi-tenant commercial property located at 10 W. Chicago Avenue in downtown Hinsdale, Illinois. NAI Hiffman Senior Vice President Arthur Burrows, along with GREA Senior Managing Directors William Montana and Christopher…
Kiser Group Directors Jacob Price and Katie LeGrand facilitated the sale of a 78-unit apartment building located at 6748-50 North Ashland Avenue in Chicago’s Rogers Park neighborhood for $11.5 million. The property was acquired by a local owner-operator with an existing portfolio in the neighborhood. Originally…
SKOKIE, ILL. AND MUNSTER, IND. — Bradford Allen has negotiated two leases on behalf of Illinois Retina in the Chicago market. The medical services provider signed a 16,228-square-foot lease in Skokie, Ill., as well as an 8,728-square-foot lease in Munster, Ind., about 30 miles southeast of Chicago. Craig Nadborne…
ELK GROVE VILLAGE, ILL. — Lee & Associates of Illinois has arranged the $5.2 million sale of a 39,879-square-foot industrial building located at 1951 Lively Blvd. in Elk Grove Village. Dustin Albers of Lee & Associates represented the buyer, Sonica International Inc., a global logistics company. John D’Orazio,…
Walker & Dunlop arranged a $43 million financing facility for six skilled nursing properties in Illinois.
Hines Global Income Trust acquired the 183,308-square-foot Wicker Park Commons retail property in Chicago for $70 million.
Highland Real Estate Partners acquired the 298-unit Exhibit on Superior apartment property in Chicago's River North neighborhood for $119 million.
Amazon has agreed to acquire a 571,423-square-foot industrial property in Chicago.
An iconic Chicago office building has received another downward revaluation, reflecting broader office market headwinds.
Built Form LLC proposed a nine-story, 52-unit mixed-use building with ground-floor retail between Jackson Blvd and Van Buren St.
Storage Star opened three self-storage facilities in Chicago, its entry into the Midwest market.
HydraVault received a foundation permit to convert a two-story building at 2538 S. Wabash Ave. into a 20MW, liquid-cooled AI data center.
UChicago signed for over 155,000 SF at the 13-story, 300,000+ SF Hyde Park Labs for cancer, biochemistry and molecular-biology research.
Bally's held a topping-off ceremony for its $1.7B, 500-room casino-hotel tower at 560 W. Grand Ave.
Tree Street Group, together with development partners Magellan Development Group and Mark Goodman & Associates, has closed on construction financing for 410 N. Elizabeth, a 33-story high-rise in Chicago’s Fulton Market neighborhood. It will be Chicago’s first all-electric, geothermal multifamily high-rise and…
Billionaire Amancio Ortega is in negotiations to acquire a high-rise office building in Chicago for approximately $440 million.
CHICAGO — Swanson, Martin & Bell LLP has signed a long-term headquarters lease restructure and renewal at 330 N. Wabash Ave. in Chicago. The 52-story riverside office tower is the last building in the U.S. designed by renowned architect Ludwig Mies van der Rohe. The property features 35,000-square-foot floor…
Essex Realty Group and Essex Capital Markets announced the closing of Wilson Manor, a 33-unit multifamily property located at 3348 W. Wilson Avenue in Chicago’s Albany Park neighborhood. The property sold for $7.6 million, a $200,000 premium over the listing price. Originally renovated in 2008, Wilson Manor offers…
JLL announced the appointment of Ann MacDiarmid as executive vice president, retail corporate services, where she will serve as transaction management practice lead. Based in Chicago, MacDiarmid is responsible for overseeing and growing JLL’s transaction management service offering within retail corporate services,…
Bradford Allen has executed two recent leases with Illinois Retina in the Chicago market. The medical services provider signed a 16,228-square-foot lease in Skokie, Illinois and an 8,728-square-foot lease in Munster, Indiana, 30 miles southeast of Chicago. Craig Nadborne, executive managing director, brokerage…
CHICAGO — Kiser Group has arranged the $5.7 million sale of a 43-unit apartment building located at 5123-31 S. University Ave. in Chicago’s Hyde Park neighborhood. Lee Kiser brokered the transaction. The Norm Levin Trust sold the property to Florin Pavel. Situated a few blocks from the University of Chicago, the…
LANSING, ILL. — Lee & Associates of Illinois has brokered the sale of a 455,858-square-foot warehouse located at 16801 Exchange Ave. in Lansing, a south suburb of Chicago. Walter Murphy of Lee & Associates represented the buyer, RBT Industries (The Great Escape), a retailer of home leisure products. RBT will occupy…
HAMPSHIRE, ILL. — Principle Construction Corp. has completed a warehouse renovation for POLI FILM America Inc. at One Elgiloy Drive in Hampshire, a far northwest suburb of Chicago. The project provides the protective plastic film manufacturer with a streamlined, rectangular floor plan designed to optimize…
CHICAGO — JLL has arranged a $275 million loan and $57 million in mezzanine financing for NEMA Chicago, a 76-story luxury tower at 1210 South Indiana Ave. in Chicago. The… The post JLL Arranges $332M for Chicago Luxury Tower Refinancing appeared first on Multifamily & Affordable Housing Business .
Lee & Associates of Illinois has closed a $5.18 million sale transaction for a 39,879 square-foot building located at 1951 Lively Boulevard in Elk Grove Village, Illinois. Dustin Albers, senior vice president at Lee & Associates’ Illinois office, represented the buyer, Sonica International, Inc., a global logistics…
Mapletree Investments has broken ground on a 419,520-square-foot best-in-class industrial facility in Chicago’s Joliet submarket. The property sits on a 29.36-acre site at 1851 Brandon Road with delivery scheduled for 2027. “This groundbreaking brings another high-quality logistics asset to one of the most…
CHICAGO — Cambridge Realty Capital has arranged $21.5 million in bridge-to-HUD acquisition financing for a skilled nursing facility totaling 108 beds in Kentucky. A regional commercial bank provided the first mortgage… The post Cambridge Arranges $21.5M Bridge-to-HUD Financing for Kentucky Skilled Nursing Facility…
CHICAGO — Greenstone Partners has negotiated the $4 million sale of a fully leased property located along Restaurant Row in Chicago’s Fulton Market neighborhood. Located at 1012 W. Randolph St., the four-story asset totals 6,500 square feet and includes a ground-floor retail space leased to Rōti Modern…
CHICAGO — Marcus & Millichap has brokered the sale of a 916-unit Public Storage property in Chicago. Completed in 2024, the self-storage facility consists of climate-controlled units totaling 72,899 rentable square feet. Jeffrey Herrmann and Sean Delaney of Marcus & Millichap represented the seller, an…
WareSpace, an operator of micro-bay warehouse space, has acquired 1400 Centre Circle in Downers Grove, Illinois, a 71,689-square-foot industrial property. The site becomes WareSpace’s third location in the Chicago area and second in Downers Grove. Built in 1979 and currently vacant, the property will be…
JLL has secured a $275 million refinancing and a $57 million mezzanine financing for NEMA Chicago, a luxury multifamily tower and the city’s tallest all-rental residence. JLL represented the borrower, Crescent Heights, in facilitating the five-year, fixed-rate loan through New York Life Insurance Company. JLL also…
JOLIET, ILL. — Mapletree Investments has broken ground on a 419,520-square-foot speculative industrial facility in Joliet. Completion of the 29-acre project is slated for the first quarter of 2027. Situated along the I-80 and I-55 interchange, the development will provide direct connectivity to the Joliet…
CHICAGO — JLL Capital Markets has secured a $275 million refinancing and a $57 million mezzanine financing for NEMA Chicago, a luxury multifamily tower. Standing 76 stories and 893 feet tall, the property is Chicago’s tallest rental tower, according to JLL. Located at 1210 S. Indiana Ave. along Grant Park, NEMA…
Related Midwest may get a leg up to its development of the Chicago Fire's new stadium at The 78 after a city committee approved $425M in tax increment financing to help with infrastructure costs at the site.
Altitude Capital Partners, a Chicago-based real estate development and investment firm, in partnership with Shanna Collective, has acquired 1447 N. Dearborn Street — historically known as The Dearborn — for $10 million. The building holds a notable chapter in Chicago’s architectural and cultural history. Originally…
Greenstone Partners has brokered the sale of 1012 W. Randolph Street, a fully leased mixed-use investment property located along Restaurant Row in Chicago’s Fulton Market neighborhood. The property sold for $4.05 million, with the transaction brokered by Danny Spitz, Managing Partner, and Tom Galvin, Investment…
CHICAGO — CBRE has brokered the $6.3 million sale of a 28,150-square-foot redevelopment site in Chicago’s Wrigleyville submarket. A joint venture between SNS Realty Group and North Park Ventures acquired the property at 3233-47 N. Sheffield Ave. and subsequently secured a zoning change to B2-5, clearing the way for…
AURORA, ILL. — Quantum Real Estate Advisors Inc. has negotiated the $5.8 million sale of a 23,000-square-foot shopping center located at 405 N. Eola Road in Aurora. The center consists of 13 suites and is home to local, regional and national tenants. Brett Berlin of Quantum brokered the transaction. A local…
Class-C apartment operators in Chicago are buoyed by many of the tailwinds bolstering the city’s multifamily market as a whole: limited new supply, rising rent growth and recovering investor interest. But rising operating costs have squeezed margins...
Plans for Google's highly anticipated Thompson Center redevelopment are nearing completion, almost four years after the tech giant announced its intent to move into the iconic Central Loop building, with the company expected to occupy more than half of...
Back-to-back blazes in Los Angeles and Chicago have highlighted how today’s bigger, more technologically advanced warehouses, especially those outfitted for cold storage, are at greater risk for fire. Developers are racing to build larger, more centralized...
Harrison Street Asset Management announces a pipeline of 10 senior housing development projects valued at over $1.2 billion, demonstrating continued investment activity in the sector.
PEMBROKE PINES, FLA. — Chicago-based Waterton has acquired The Landings at Pembroke Lakes, a 358-unit property in Pembroke Pines, 20 miles southwest of Fort Lauderdale. The South Florida Business Journal… The post Waterton Buys Landings at Pembroke Lakes in South Florida for $80.5M appeared first on Multifamily &…
CHICAGO — Blueprint has brokered the sale of an affordable seniors housing community located in metro Chicago. Developed in the mid-2000s, the assisted living property operates under the Illinois Supportive Living… The post Blueprint Brokers Sale of Affordable Community in Chicagoland appeared first on Seniors…
CHICAGO and PHILADELPHIA — A joint venture between Bain Capital and Capitol Senior Housing has sold a 344-unit senior living portfolio located in the Chicago and Philadelphia metros. The portfolio comprises… The post Joint Venture Sells 344-Unit Portfolio in Metro Chicago, Philadelphia appeared first on Seniors…
The Boulder Group, a net leased investment brokerage firm, completed the sale of a single tenant net leased Chipotle property located at 2302 Thornton Lansing Road in Lansing, Illinois for $2,450,000. The 2,465 square-foot building was constructed in 2024 specifically for Chipotle and is situated in the south…
By Hayden Spiess CHICAGO — New players are increasingly drawn to the seniors housing sector due to strong market fundamentals and the industry’s proven performance. Limited new inventory and high occupancies,… The post ‘Seniors Housing Is Our Highest-Conviction Sector,’ Harrison Street Executives Say appeared first…
By Hayden Spiess CHICAGO — New players are increasingly drawn to the seniors housing sector due to strong market fundamentals and the industry’s proven performance. Limited new inventory and high occupancies,… The post Seniors Housing Is Our Highest-Conviction Sector,’ Harrison Street Executives Say appeared first…
Harrison Street Asset Management completed the sale of a 12-property student housing portfolio for $910 million.
Harrison Street Asset Management announced the acquisition of Springs at Sherwood, a senior housing property in Chicago.
Harrison Street Asset Management announces a hyperscale data center pre-leasing achievement at the PowerHouse Arcola facility.
His projects included office towers, arenas, military base overhauls
CHICAGO — Greystone has added Joshua Rosen to its seniors housing and healthcare platform. Rosen is joining the firm as senior managing director. Based in Chicago, Rosen will focus on originating… The post Greystone Adds Joshua Rosen to Seniors Housing, Healthcare Platform appeared first on Seniors Housing…
CHICAGO — Peerless Development has begun pre-leasing at 1880 Milwaukee, a 44-unit property in Chicago’s Bucktown neighborhood. First resident move-ins at the five-story mid-rise are slated for August 2026. Units are… The post Peerless Development Begins Lease-Up at 1880 Milwaukee, a 44-Unit Property in Chicago…
CHICAGO — Ventas has appointed an interim general counsel. Kevin Bohl will assume the role upon the departure of the current general counsel, Carey Roberts. Roberts intends to resign effective June… The post Ventas Names Kevin Bohl Interim General Counsel appeared first on Seniors Housing Business .
The nearly billion-dollar campus is expected to draw visitors from around the world, but local leaders say its long-term impact will be measured by whether it attracts new businesses, jobs, and development to surrounding neighborhoods.
The Boulder Group has completed the sale of a single tenant new construction Dollar General property located at 905 S Victor Street in Christopher, IL for $1,678,000. The Boulder Group’s Zach Wright and Brandon Wright represented the seller in the transaction, a Midwest-based real estate development company. The…