Illinois Industrial Saxum, Black Salmon JV begins development of 294,840 SF Cold Storage Project in Joliet, Illinois 11/5/2024 | REBusinessOnline Subcategory: Industrial: Storage Tags: JV-Partnership | New Construction Read More
Illinois Office JDL Development signs Related Companies’ fitness club brand, Equinox, to 40K SF Lease in Chicago’s Fulton Market 11/1/2024 | REBusinessOnline Subcategory: Office: CBD, Retail: Amusement-Entertainment Tags: Lease | New Construction Read More
Illinois Multifamily City Council approves Base 3 Development’s residential development at 1220 W. Van Buren; Oxxford Lofts will convert the historic building into apartments 11/1/2024 | Urbanize Chicago Subcategory: MF: Market Rate Tags: Adaptive Reuse | Conversion | Proposed | Redevelopment | Rezoning Read More
Illinois Office Onni Group scores another tenant at historic office tower; law firm Locke Lorde leases 65K sf in building that’s undergoing $130M renovation in exchange for landmark tax breaks 10/31/2024 | The Real Deal Subcategory: Office: CBD Tags: Lease | Renovation Read More
Illinois Mixed-Use City Council approves JDL Development JV’s mixed-use development at 1200 W. Fulton; two-tower project includes 1,079 units and a lifestyle fitness tenant 10/31/2024 | Urbanize Chicago Subcategory: MF: Affordable, MF: Market Rate, Mixed-Use: Retail-MF, Retail: Amusement-Entertainment, Retail: Restaurant Tags: Proposed | Rezoning Read More
Illinois Office Glenstar JV Recaps Chicago Office Complex in $62M Deal; property will get about $16 million in capital improvements 10/30/2024 | CPE Subcategory: Capital Markets: Equity, Office: Urban Tags: Closing | Renovation | Sale Read More
Illinois Multifamily Abacus’ $109M ($261K/unit) deal is biggest multifamily investment this year; purchased 417-unit Naperville apartments from Cantor Fitzgerald and BH Equities JV 10/29/2024 | The Real Deal Subcategory: MF: Market Rate Tags: Sale Read More
Illinois Industrial DSI, Karis Cold Break Ground on 100,000 SF Cold Storage Facility in Chicago’s McKinley Park Neighborhood 10/29/2024 | REBusinessOnline Subcategory: Industrial: Storage Tags: JV-Partnership | New Construction Read More
Illinois Multifamily Range Group to start apartments near $7B United Center redevelopment; will demolish old warehouse, build 72 multifamily units with retail 10/29/2024 | The Real Deal Subcategory: MF: Affordable, MF: Market Rate, Mixed-Use: Retail-MF, Retail: Restaurant, Retail: Shopping Tags: Proposed | Redevelopment Read More
Illinois Retail Google to Open First Midwest Store at Brookfield-owned, Oakbrook Mall 10/25/2024 | Connect CRE Subcategory: Retail: Shopping Tags: Expansion | Lease | Operations | Strategy Read More
Illinois Retail Aldi will open store inside Mavrek Development’s 25-story, 380-unit mixed-use development at 1016 W. Jackson in West Loop 10/25/2024 | Urbanize Chicago Subcategory: MF: Affordable, MF: Market Rate, Mixed-Use: Retail-MF, Retail: Shopping Tags: Expansion | Proposed Read More
Illinois Mixed-Use Bally’s $1.8 Billion Chicago Casino Hinged on Landlord Redesign 10/25/2024 | Bloomberg Subcategory: Capital Markets: Equity, Retail: Amusement-Entertainment, Specialty Tags: JV-Partnership | Proposed Read More
Illinois Multifamily Distress hits CRG’s highrise, 149-unit, Upshore Chapter, in Uptown Chicago amid urban multifamily slump 10/23/2024 | The Real Deal Subcategory: MF: Market Rate Tags: Default | Foreclosure | Legal-Lawsuit Read More
Illinois Office Why city, backers see Chicago office-to-apartments project as one model to revitalize US downtowns; Italian investors and local firm R2 to kick off LaSalle Street Reimagined initiative with conversion 10/22/2024 | CoStar Subcategory: MF: Affordable, MF: Market Rate, Office: CBD Tags: Adaptive Reuse | Conversion | New Construction | Redevelopment | Renovation Read More
Illinois Office Namdar Realty Group, Mason Asset Management JV Acquire 493.7K SF, 47-story One North LaSalle Office Tower in Chicago via deed-in-lieu 10/22/2024 | REBusinessOnline Subcategory: Office: CBD Tags: Default | JV-Partnership | Sale Read More
Illinois Multifamily Interforum secures $25M in senior loan, mezzanine financing from Argentic and Pearlmark for new 60-unit Warrenville Townhomes 10/22/2024 | Connect CRE Subcategory: Capital Markets: Debt, MF: BTR, MF: Market Rate Tags: Closing | Strategy Read More
Illinois Multifamily Chicago-area 292-unit Cobble Square Lofts, owned by late Sam Zell for decades, under contract to former Blackstone executive, John Schreiber’s family office, Centaur Capital Partners 10/22/2024 | CoStar Subcategory: MF: Market Rate Tags: Adaptive Reuse | Proposed | Sale Read More
Illinois Industrial Industrial Outdoor Ventures Acquires 10-Acre Industrial Service Facility in Channahon, Illinois 10/21/2024 | REBusinessOnline Subcategory: Industrial: Flex, Industrial: Storage Tags: Sale Read More
Illinois Capital Markets ‘Growing Less Patient,’ Bank OZK Takes Write-Down On $128M Loan To Sterling Bay After 6 Modifications to Lincoln Yards loan 10/21/2024 | Bisnow Subcategory: Capital Markets: Debt, MF: Market Rate Tags: Default | Legal-Lawsuit | Strategy Read More
Illinois Retail Amazon pilots small-format grocery concept; test store in Chicago is meant for quick fill-in grocery runs and aims to reduce the number of retailers shoppers have to visit to complete shopping trips 10/18/2024 | C-Store Dive Subcategory: Retail: Shopping Tags: Business: Insights | Expansion | Strategy Read More