TRU Office Advisors acquired by Transwestern

March 22, 2017 Transwestern has expanded its occupier services in Chicago with the acquisition of TRU Office Advisors, the company announced earlier in March. Read more...

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Chicago plans to sell 4 vacant buildings in the Loop

March 22, 2017 The city will facilitate the sale of four buildings in the Loop, which are currently vacant and owned by the US government, according to an announcement from Mayor Rahm Emannuel. Read more...

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Marcus & Millichap report: Not all gloomy for retailers

March 22, 2017 You might think that all brick-and-mortar retailers are struggling today, what with Amazon and online sales a constant threat. But the truth is more complicated, as the latest national retail forecast from Marcus & Millichap highlights. Read more...

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Student housing sees ‘historic’ changes, community-focused amenities offer luxury living

March 21, 2017 The days where university students live in glorified shoe boxes are gone. Today they can choose from student housing that boasts amenities usually associated with high-end luxury apartments. Read more...

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ASC arranges $11.14M in financing for Chicago mixed-use property

March 21, 2017 American Street Capital announced that it has arranged $11.14 million for a 40-unit mixed-use property in Chicago in February. Read more...

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A stinky situation: Chicago’s dog poop problem

March 21, 2017 RentHop recently published a study on dog poop complaints throughout Chicago. Turns out, 2016 was a record-setting year in the city for people complaining about dog owners leaving behind smelly gifts on their front lawns. And RentHop has discovered, using data from the city of Chicago's list of Sanitation Code Violations, that 2017 is on track for an even higher number of complaints about rude dog owners. Read more...

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American Realty Advisors buys 216-unit apartment building in Chicago’s West Loop neighborhood

March 21, 2017 American Realty Advisors has acquired The Madison at Racine, a 216-unit luxury apartment community in the heart of Chicago’s West Loop/ Fulton submarket. Read more...

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Chicago announces design firms selected for library projects

March 20, 2017 The Chicago Housing Authority and the Chicago Public Library announce the architecture firms that will design co-located housing and library developments for three neighborhoods in Chicago. Read more...

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Winners of the 29th Annual Chicago Commercial Real Estate Awards

March 20, 2017 CBRE took home the coveted Deal of the Year award for the McDonald's headquarters, while JLL won six honors at the 29th Annual Chicago Commercial Real Estate Awards Dinner at the Hilton Chicago on Thursday. Read more...

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NelsonHill hires new associate specializing in adaptive reuse

March 20, 2017 NelsonHill announced that Michael J. Conway has joined their team as an associate and will focus on brokerage of adaptive reuse properties in Chicago. Read more...

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Lou Kahnweiler, Chicago real estate pioneer, remembered by Colliers International

March 17, 2017 Lou Kahnweiler, a Chicago real estate pioneer, died at the age of 97 on February 26. He laid the foundation for many others and left behind a real estate legacy built over eight decades. Read more...

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CBRE assists Riddell with 27,000-square-foot expansion in Des Plaines, Illinois

March 17, 2017 The Chicago office of CBRE assisted the new lease of an an approximately 27,000-square-foot office and lab space at 1700 W. Higgins Road in Des Plaines, Illinois. Read more...

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Dayton Street Partners sell Chicago distribution facility for $4.1M

March 17, 2017 Dayton Street Partners sold its 43,000-square-foot distribution facility at 920 W. Pershing Rd. in Chicago to a private investor for $4.1 million. Read more...

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Magellan Development’s 39-story apartment building slated to open in July 2017

March 17, 2017 Magellan Development Group and Mac Management placed the final structural beam during a topping-out ceremony for The Gallery on Wells, a 540,120-square-foot apartment building in the River North neighborhood in Chicago. Read more...

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Staying Full: Tenant advocates help users and keep markets strong

March 17, 2017 Last year was a banner year for Chicago industrial real estate properties, and the trend is continuing this year. Ecommerce companies are zeroing in on central locations to help them reach large portions of the U.S. population in ever-shorter delivery periods. Developers are keeping new construction at measured and smart levels. The end result: vacancies are at a 15-year low. Read more...

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New life: Transforming outdated office buildings into apartment towers, high-end retail

March 16, 2017 A flurry of new development is hitting the Chicago office market, with much of it focused on turning outdated Class-C buildings into apartments, hotels, retail and student housing. Read more...

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CRRC breaks ground on $100M manufacturing facility on South Side of Chicago

March 16, 2017 As part of the Chicago Transit Authority's ongoing modernization, the city broke ground on a new $100 million facility on the Southeast Side of Chicago that will build new CTA rail cars and create more than the 300 skilled factory and construction jobs. Read more...

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Veteran land broker joins Marcus & Millichap

March 16, 2017 Marcus & Millichap announced the addition of Rick Gordon to their Chicago Oak Brook office as a senior associate and director of the National Land Group. Read more...

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Plan Commission gives proposed 51-story tower near Chicago’s Civic Opera House big boost

March 16, 2017 A 51-story tower might soon be coming to a key location along busy Wacker Drive in downtown Chicago. Read more...

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Marcus & Millichap broadens network of lenders

March 16, 2017 Marcus & Millichap Capital Corp. broadened its network of lenders through a proprietary preferred correspondent agreement with PGIM Real Estate Finance. Read more...

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