Retail N Illinois
Mid-America Real Estate arranges Sale of Midway Square in Chicago

Mid-America Real Estate arranges Sale of Midway Square in Chicago

Mid-America Real Estate Corporation’s investment sales team recently brokered the sale of Midway Square in Chicago. The 55,332-square-foot retail center was purchased by Denver-based Plaza Fiesta, LLC. The established shopping center is located in an urban neighborhood at the southeast corner of Pulaski Road and 51st Street, just adjacent to the Chicago Transit Authority’s Pulaski “L” station.

Multifamily N Illinois
First peek at the Tribune Tower Residences

First peek at the Tribune Tower Residences

Nearly a century ago, the Chicago Tribune launched an architectural competition to design a new headquarters. The resulting building—an iconic, neo-Gothic gem on Chicago’s famed Michigan Avenue—will welcome residents instead of office workers when the Tribune Tower Residences opens next year.

CRE N Illinois
For many commercial properties, the parking garage is the new front entrance.

The suite smell of parking success

Parking is an invaluable asset for developers and building owners. Well-designed and implemented parking resources increase any property’s value, while poorly conceived parking can undermine the same property. Fortunately for owners and developers, the parking industry is in the midst of a technology renaissance that is making parking more user-friendly and manageable than ever before.

Multifamily N Illinois
Vermilion breaks ground on 55-unit Alcove Wicker Park

Vermilion breaks ground on 55-unit Alcove Wicker Park

Chicago-based Vermilion Development has started construction on Alcove Wicker Park, a new development of 43 condominiums and 12 townhomes located between Division Street and Milwaukee Avenue and scheduled for delivery in summer/fall 2020. Set back from the street in a protected courtyard, the property offers a quiet residential feel in the city’s Wicker Park neighborhood.

CRE N Illinois
CRE Future Leaders: Harrison Cohen

CRE Future Leaders: Harrison Cohen

In February 2018, Harrison Cohen joined Triton Realty Group as a commercial investment advisor specializing in the sale of multifamily and mixed-use properties in the Chicagoland area. Cohen has been a licensed attorney for five years and hit the ground running at Triton, closing his first sale three months into the business. Since joining the firm over a year ago, Cohen has successfully completed 14 transactions and sold over $15,000,000 in multifamily real estate in the Chicago area.

Office N Illinois
WeWork leases 90,000 SF in Fulton Market

WeWork leases 90,000 SF in Fulton Market

WeWork has agreed to a lease for 89,500 square feet of space at 1155 W. Fulton Street, representing all of the available office space in the building. Barnett Capital, Ltd. and Domus Special Situations Group acquired the building earlier this year and the joint venture is in the late stages of a comprehensive modernization and repositioning program.