More than 200 results for “Chicago”
Office N Illinois

Shapack nets record sale in Fulton Market

Shapack Partners has sold 811 W. Fulton Market to Boston-based Intercontinental Real Estate for $50.3 million. The sale price equates to $775 per rentable square, surpassing the previous record in Chicago of $734 that the RxBar headquarters at 412 N. Wells Street in River North achieved earlier this year.

Office N Illinois

Coworking company, Offix, opens first U.S. location in Chicago

International coworking company, Offix, has opened its very first U.S. office at Catalyst Lofts, located at 917 W. 18th Street in Chicago’s Pilsen neighborhood. Chad Schroedl and Adam Thomas of SVN Chicago Commercial represented the landlord in the 6,394-square-foot lease, while Leibel Moscowitz of Vandon Forbes Real Estate represented the tenant.

Office N Illinois

Former General Motors facility in Broadview sells for $14 million

Mark Nelson, SIOR and Mike Nelson, SIOR, formerly partners of NelsonHill and now senior vice presidents with JLL in San Diego, have closed on the sale of the former General Motors facility located on 17 acres at 2600 S. 25th Avenue in Broadview, Illinois. TradeLane Properties purchased the property for $14,070,000, as their first transactio…

CRE N Illinois

Accesso bolsters executive team

Accesso Partners, a fully integrated investment manager and operator of multi-tenant office buildings in top non-gateway U.S. markets, has promoted Paul Gaines to managing director, asset management. Gaines, who joined the company in 2012 and has spent the past two years serving as managing director, capital markets debt, will oversee the a…

Multifamily N Illinois

Did Chicago just deep-six deconversions?

| Matt Baker

Chicago’s City Council has passed a resolution to increase the voting threshold on condo deconversions. Now, any building looking to switch from condo to rental will need the assent of 85 percent of the condo owners, instead of the 75 percent threshold that previously held true.

Retail N Illinois

Peoria retail property sells for $1.8 million

Marcus & Millichap closed the sale of Knoxville Plaza, a 29,984-square foot retail property located in Peoria, Illinois, according to Steven D. Weinstock, regional manager and first vice president of the firm’s Chicago Oak Brook office. The asset sold for $1,825,000.

CRE N Illinois

Sterling Bay launches philanthropic effort, SB Cares

Chicago-based real estate investment and development firm Sterling Bay launched SB Cares, a new philanthropic initiative that will bring together local members of the community and Sterling Bay employees to identify groups and organizations that focus on creating new opportunities for growth, whether individual or community-oriented. The in…