What happened, and who moved.
214 items
showing 1–60 of 214
Illinois is projecting a 40% growth in the 65-and-over population by 2035. Developers face financing hurdles in creating senior housing solutions.
Entre Commercial Realty completed the lease of a 20,500 square foot industrial building located at 1275 Kyle Court in Wauconda, Illinois. The freestanding industrial facility features 20-foot clear heights, two exterior loading docks, and one drive-in door. Brian Bocci, SIOR, and Jack Steineke of Entre Commercial…
GREA announced the sale of Glenwood Station, a newly delivered 159,000-square-foot, 86-unit luxury apartment development located in downtown Glen Ellyn, Illinois. The transit-oriented property was developed by Holladay Properties and opened to residents in the spring of 2025. The GREA Chicago team of Christopher…
Mega mall landlord Mike Kohan is at risk of losing half a Chicago Loop office building he just seized from financial distress. A strange dispute at 33 West Monroe Street escalated into a court battle between ground landlord Baptist Theological Union and Kohan, a Great Neck, New York-based investor whose main…
Kurv Industrial is proposing a sweeping redevelopment of the fully vacant Ford City Mall with a smattering of warehouses and distribution buildings. The company is planning to formally present the plans to the Chicago Plan Commission on Aug. 20, but the plans have drawn the ire of West Lawn residents. Chicago-based…
WEST CHICAGO, ILL. — CoreCentric Solutions has signed a 286,622-square-foot industrial lease at 1717 Harvester Road in West Chicago. The long-term lease brings the 465,950-square-foot manufacturing facility to full occupancy. David Conroy, Mark Wilson, Jordan Kwiecinski and Daniel Cawley of Cawley Commercial Real…
OSWEGO, ILL. — The Boulder Group has brokered the $3.8 million sale of a single-tenant, ground-leased Fifth Third Bank property in Oswego. The 4,273-square-foot retail building is located at 2660 U.S. Highway 34. Randy Blankstein, Jimmy Goodman and John Feeney of Boulder Group represented the seller, a West…
CHICAGO — JLL Capital Markets has arranged the sale of a 10-property light industrial portfolio totaling 717,475 square feet in Chicago’s collar counties. The assets span five municipalities in Will, DuPage and Kane counties, offering immediate access to I-80, I-55, I-88 and I-90. The portfolio comprises…
Tabani has listed Renaissance Place in Highland Park, Chicago, for $40 million or more.
Green Street reports on regulatory scrutiny of Tricolor, a Chicago multifamily refinancing, and approximately $610 million in rental loan activity.
Skender has completed the 83,000-square-foot buildout of Harrison Street Asset Management’s (HSAM) headquarters at The Fulton, 919 W. Fulton Market in Chicago. The real estate and infrastructure investment management firm is relocating from its prior location at 444 W. Lake Street. HSAM’s new three-floor buildout…
In broad strokes, Chicago’s office market has seen better days. At the upper end of office buildings, however, premier space is shrinking rapidly as high-profile companies are scrambling for Class A space. Sidley Austin is set to pay upwards of $115 per square foot for space in a planned Fulton Market office tower…
Houston-based industrial real estate investment and management firm SparrowHawk snagged a 20-property, 4.4 million-square-foot portfolio across six markets in the Midwest. The acquisition price was $400 million, and Stockholm-based global investment firm EQT was the seller, according to a statement from the…
JLL is looking to bail on 601W’s Aon Center and potentially move to 100 North Riverside Plaza. The real estate services firm is in preliminary stages of negotiations to exit the Aon Center, and is considering other options around the city, according to a report from CoStar. The scope of the deal is still currently…
Citadel’s Ken Griffin is cashing out of a 52-year-old Palm Beach office property, selling the Worth Avenue building to Blackstone’s Revantage for $86 million. The billionaire hedge fund titan agreed to sell the 50,000-square-foot Class A office building at 125 Worth Avenue to the Chicago-based real estate…
EAST DUNDEE AND MOKENA, ILL. — Venture One Real Estate, through its acquisition fund VK Industrial VII LP, has purchased a three-building, 131,998-square-foot industrial portfolio in metro Chicago. The portfolio, which was fully leased at the time of sale, consists of single and multi-tenant properties that are…
LANSING, ILL. — Greenstone Partners has arranged the $12.6 million sale of the Hickory Oaks apartment complex in Lansing, about 25 miles south of downtown Chicago. Greenstone’s Michael Duckler represented the buyer, SpringView Investments, and the undisclosed seller. The 138-unit property presents a value-add…
Los Angeles-based mega-investor Ares Management is continuing its buying spree in Chicago’s suburban industrial market. In a deal that closed last week, Ares bought ten light industrial properties from Massachusetts-based High Street Logistics for $84 million, or about $117 per square foot, property records show.…
The onslaught of severe weather has major implications for the state’s commercial property owners’ insurance costs.
L&G’s Asset Management business in the U.S. has acquired a development site in Concord, Massachusetts, and plans to begin construction on a new two-building, 201-unit multifamily community. The investment and property development is being made on behalf of L&G’s Institutional Retirement business, which is deploying…
Cawley Commercial Real Estate completed a 286,622-square-foot industrial lease at 1717 Harvester Road in West Chicago, Illinois. The long-term lease brings the 465,950-square-foot manufacturing facility to full occupancy. The Cawley CRE team, consisting of David Conroy, Mark Wilson, Jordan Kwiecinski, and Daniel…
CHICAGO — Skender has completed the 83,000-square-foot build-out of Harrison Street Asset Management’s headquarters at The Fulton, an office property located at 919 W. Fulton Market in Chicago. The real estate and infrastructure investment management firm is relocating from its prior location at 444 W. Lake St.…
OLATHE, KAN. — Chicago-based 29th Street Capital has acquired Chestnut Heights Townhomes in Olathe. The 161-unit townhome community will be managed by 29th Street Living, the company’s property management division.… The post 29th Street Capital Buys BTR Property in Metro Kansas City appeared first on Multifamily &…
Venture One acquires a 132K SF industrial portfolio in the Chicago suburbs. Read more of the latest deals this week.
After the $6 billion Lincoln Yards megadevelopment failed to launch, at least one nearby property owner is cutting his losses. Longtime Chicago investor and founder of Belgravia Group, David “Buzz” Ruttenberg, sold a shopping center at 2070 North Clybourn Avenue for $18 million to Ohio-based real estate investment…
In Chicago’s downtown area, 35 office to residential building conversions that are either proposed, undergoing the conversion process or completed, now tally $2.1 billion in new investment. Data first reported by Crain’s shows that there are at least 4,466 new residential units being created out of the data set.…
Essex Three-Twelve completed the sale of 3141 N. Oakley Ave., a turnkey three-unit multifamily property located in Chicago’s Roscoe Village neighborhood. The property sold for $1.24 million, with Essex Three-Twelve Director Mitir Patel representing the seller. Turnkey three-unit properties are rarely available in…
Friedman Real Estate announced the successful onboarding and transition of a 1.2 million-square-foot portfolio of retail, office, and industrial properties throughout Illinois during the first half of 2026. This includes 290,000 square feet on Michigan Avenue, as well as properties in suburbs like Highland Park,…
Chicago mayor Brandon Johnson formally called for a moratorium on new data center development within city limits as lawmakers mull additional regulations on the increasingly-controversial projects. Johnson signed an executive order demanding new regulations on existing and proposed data center developments within…
Illinois Realtors are set to launch a partnership program with municipal leaders aimed at confronting housing shortages. The group is calling the venture the Illinois Housing Supply Accelerator program, and it is set to function by having Illinois Realtors governmental affairs directors work with local governments…
Das von der Riegler & Partner Holding entwickelte Bürogebäude Chicago Lane Office Suites – kurz: Close – im Expo-Park Hannover soll im Oktober zwangsversteigert werden.
OLATHE, KAN. — Chicago-based real estate investment firm 29th Street Capital (29SC) has acquired Chestnut Heights Townhomes, a 161-unit townhome rental community in Olathe. The property will be managed by 29th Street Living, the company’s property management platform. 29SC partnered with Basis Investment Group’s…
CHICAGO, Aug. 11, 2026 (GLOBE NEWSWIRE) -- Chicago Atlantic Real Estate Finance, Inc. (NASDAQ: REFI, “Chicago Atlantic”, "REFI" or the “Company”), a commercial mortgage real estate investment trust, today announced its financial results for the second quarter ended June 30, 2026.
Related Midwest leads significant developments in Chicago amid challenging market conditions.
Austin real estate developer Nate Paul, whose fall from grace includes federal fraud convictions and political scandals in Texas, is facing a $45.6 million foreclosure lawsuit on the Calumet Center retail property in suburban Chicago. Miami-based special servicer Rialto Capital moved to file the complaint in Cook…
Chicago-based firm Newport Capital Partners hired brokers to market the Ontario City Centre at 38-58 East Ontario Street for sale, a retail center anchored by a Trader Joe’s location as well as a 226-key AC Hotel. The eight-story building totals 320,879 square feet, and Newport has owned the building for two…
The Lake County Illinois Data Center Opposition Coalition, a group assembled specifically to oppose a Grayslake village area data center northwest of Chicago, announced a lawsuit against T5 Data Centers and Alter Asset Management that’s set to go up in the Cornerstone business park. Alter Asset Management Group…
The Boulder Group, a net leased investment brokerage firm, completed the sale of a single tenant ground leased Fifth Third Bank property located at 2660 US Highway 34 in Oswego, Illinois for $3,855,000. The 4,273-square-foot Fifth Third Bank building sits on 1.26 acres along one of the most heavily trafficked…
Newmark has arranged the sale of the 51,795-square-foot retail condominium at 919 North Michigan Avenue along Chicago’s Magnificent Mile. The property is anchored by Louis Vuitton and features a collection of luxury retailers. Newmark Senior Managing Director Keely Polczynski and President of Retail Capital Markets…
Bally’s Chicago is pausing construction on nongaming amenities at its $1.7 billion casino complex over the legalization of video gambling terminals in the city. “Bally’s issued a notification to the Chicago Community Builders Collective that it is resetting the pace of construction of elements of Bally’s Chicago…
Greystone provided a $25.5M Fannie Mae loan for the acquisition of 422 & 424 W. Melrose Ave., a 169-unit multifamily property in Chicago's Lakeview.
FOREST PARK, ILL. — Newmark has negotiated a long-term, full-building industrial lease totaling 150,316 square feet at 7801 Industrial Drive in Forest Park on behalf of Dynamic Manufacturing. Corey Chase of Newmark represented the tenant. First Industrial Realty Trust Inc. is the landlord. Dynamic Manufacturing…
Local developer files to convert portion of 300 West Adams to data center use
Menashe Properties has completed an office acquisition in Chicago, marking the firm's third such transaction in the market.
RPM Living acquired an apartment property in Chicago for $125 million.
Amazon is reported to be close to completing an acquisition of a warehouse facility in Chicago's Goose Island neighborhood.
Stripe expanded its office presence in Chicago through a significant lease expansion.
Analysis of rent growth constraints facing older apartment stock in the Chicago multifamily market.
A West Loop office tower was acquired at a significant discount, reflecting current market conditions in Chicago's office sector.
Law firm Sidley Austin has committed to anchor a new 1 million square foot office tower being developed by Related in the Midwest.
An analysis of JDL's strategic vision for healthcare integration within the Foundry Park mixed-use development project in Chicago.
Google has committed to leasing a significant portion of redeveloped office space in a Chicago landmark building.
A Chicago-based affordable housing operator is divesting a 17-building portfolio.
Fannie Mae is extending its Chicago foreclosure assault against properties connected to Lakewood, New Jersey-based investor Chaim Bialostozky, who’s also facing Walker & Dunlop’s accusations of making fraudulent real estate deals to receive inflated loan amounts. Fannie on Thursday filed a fresh lawsuit against…
Newmark has arranged a long-term, full-building industrial lease totaling 150,316 square feet on behalf of the tenant, Dynamic Manufacturing, at 7801 Industrial Drive in Forest Park, Illinois. Newmark Senior Managing Director Corey Chase represented the tenant in the lease negotiations. The landlord is First…
Berkadia announced the recapitalization of Enclave at 127th, a 340-unit value-add apartment community in Plainfield, Illinois. The transaction was led by Senior Managing Directors Gordon Reynolds and Brian Myers and Vice President Conner Adkins of Berkadia Strategic Capital, in collaboration with Senior Managing…
One of downtown Chicago’s landmark office buildings is getting closer to becoming a partial data center in the midst of pushback from preservation groups. The Permit Review of the Commission on Chicago Landmarks greenlit plans to transform the bottom half of 300 West Adams Street into a data center, thrusting the…
CHICAGO — The Shops at North Bridge will undergo a multi-million-dollar reinvestment that will reposition the Michigan Avenue property at the gateway to Chicago’s Magnificent Mile. The multi-phase restoration will introduce a new street presence, hospitality-inspired interiors and a reimagined mix of retail and…
Chicago-based Lexington Homes announced its second new townhome community, Northbrook Row, in Northbrook, Illinois. The new development will offer 53 townhomes and feature a combination of homes from the builder’s redesigned Mews floor plans. Located at 1825 Shermer Road, Northbrook Row will offer 33 single-family…
Pacific Life is pouring resources into turning around a vertical mall on Chicago’s Magnificent Mile that it seized out of financial distress. The Newport Beach, California-based lender-turned-landlord for the Shops at North Bridge property at 520 North Michigan Avenue announced it’s preparing a $40 million…