Industrial N Illinois
Lee & Associates of Illinois negotiates lease in Central Kane submarket

Lee & Associates of Illinois negotiates lease in Central Kane submarket

Lee & Associates has closed a lease transaction for a 75,539-square-foot industrial suite located at 1701 W. Hawthorne Lane in West Chicago, Illinois. Michael J. Androwich Jr., principal, and Nick Eboli, senior vice president, of Lee & Associates’ Illinois office, represented the tenant, MAPEI Corporation, an international manufacturer of adhesives, sealants and other chemical products for the building industry.

Office N Illinois
LaSalle Investment Management wins ENERGY STAR award

LaSalle Investment Management wins ENERGY STAR award

LaSalle Investment Management’s global headquarters at 333 W. Wacker Drive in Chicago earned the Environmental Protection Agency’s (EPA) 2018 ENERGY STAR Charter Tenant Space Award. LaSalle was one of only 48 organizations to earn this distinction in the U.S., which applies specifically to LaSalle’s office space on the 23rd floor at 333 West Wacker.

CRE N Illinois
Nicholas Pettit;Wright Heerema Architects

Wright Heerema adds new team members

Wright Heerema Architects (WHA) recently hired Nicholas Pettit, AIA, NCARB and Laura Scallon, IIDA, LEED AP as the newest additions to their team. They both offer a broad range of architectural and interior design experience at the local and national levels, and will help support WHA’s integrated team as the firm continues to enhance its established corporate interiors portfolio.

CRE N Illinois
CRE Future Leaders: Jeff Lizzo

CRE Future Leaders: Jeff Lizzo

As part of our series, CRE Future Leaders, we caught up with Jeff Lizzo, vice president of brokerage for STREAM Capital Partner's Chicago office. Lizzo works with private and institutional owners of net leased real estate and corporate owners who want to unlock value from their real estate via sale leaseback transactions.

Multifamily N Illinois
Southport Gateway Apartments closer to delivery with pre-leasing

Southport Gateway Apartments closer to delivery with pre-leasing

Chicago-based Spaces Real Estate announced that pre-leasing is underway at Southport Gateway, an upscale transit-oriented rental development at 3334 N. Southport Avenue, along Chicago’s Southport Corridor. Located at the corner of Southport Avenue and Henderson Street, one block south of the Southport CTA station, the four-story building features nine units and three different floor plans. First move-ins are scheduled for August 1.

CRE N Illinois
The business end of a Boring Company tunnel-boring machine.

Chicago taps Elon Musk’s Boring Co. for high-speed airport train bid

The city of Chicago has selected the Boring Company—the nascent brainchild of billionaire entrepreneur Elon Musk—to build a high-speed, high-tech transportation link to O’Hare International Airport. Dubbed the Chicago Express Loop, the transit system will move passengers and their luggage at speeds of up to 150 miles per hour via tunnel-traversing, battery-powered vehicles.

CRE N Illinois
Beth Moore;CBRE

CBRE appoints Beth Moore as Americas agile real estate practice leader

CBRE has appointed Beth Moore as Americas agile real estate practice leader. Based in Chicago, Moore will focus on delivering comprehensive agile real estate solutions for occupiers and investors, including optimizing client accounts with agile strategies and leading the development of tools and resources that help CBRE professionals and clients understand real estate agility.

Multifamily N Illinois
New luxury apartment building headed to Streeterville

New luxury apartment building headed to Streeterville

465 North Park, the luxury high-rise that is going up in Chicago’s Streeterville neighborhood, has begun pre-leasing ahead of an August delivery. Developed by Jupiter Realty Company, on behalf of owners MetLife Investment Management and Allstate, the buildingis located at Illinois Street and Park Drive just steps from Lake Michigan and the Chicago River.

Multifamily N Illinois
Wicker Park Connection II welcomes first move-ins

Wicker Park Connection II welcomes first move-ins

The first residents have begun moving into Wicker Park Connection II, a 15-story, 146-unit apartment development in Chicago’s vibrant Wicker Park neighborhood co-developed by Chicago-based Hubbard Street Group and Centrum Realty & Development. Luxury Living Chicago Realty is serving as the exclusive marketing and leasing brokerage for the new transit-oriented development at 1640 W. Division Street, the second phase of the Wicker Park Connection project.