More than 200 results for “Illinois”
Office N Illinois

Some Chicago suburbs shedding office tenants

| Matt Baker

The overall suburban Chicago office market comprises nearly 110 million square feet of inventory. But as the suburbs lost more than a million square feet of absorption year-to-date, which areas and property types should investors focus on?

Seniors Housing N Illinois

Atria Highland Park begins pre-leasing

Atria Senior Living has announced pre-leasing at Atria Highland Park, a new luxury senior living community located at the intersection of Deerfield Road and Central Avenue in Highland Park, Illinois. The property, which will feature 86 apartments offering assisted living and memory care is slated for a summer 2020 opening.

CRE N Illinois

Marijuana cultivation facility set to double in size

Freehold Properties, a newly formed real estate investment company focused on specialized agricultural, industrial and cannabis properties, will provide up to $28.75 million in real estate capital expansion funding to Revolution Global, a Chicago-based, multi-state cannabis operator. Revolution plans to use the capital to more than double t…

CRE N Illinois

First look at HOK's O'Hare Airport expansion

HOK and Muller & Muller, Ltd., along with the Chicago Department of Aviation, are leading the design of more than 300,000 square feet of new space in Terminal 5. This will be the terminal’s first major expansion since it opened in 1993 and will allow O’Hare to comfortably welcome an increasing number of travelers.

CRE N Illinois

Wright Heerema Architects hires new director of business development

Chicago-based architectural and interior design firm, Wright Heerema Architects, has appointed Luke Heerema as the new director of business development. Heerema is a seasoned business development professional in the commercial real estate and architecture industry, with previous roles at Cresa Chicago and Interior Investments. In his new ro…

Retail N Illinois

Marcus & Millichap arranges $4M sale of Chicago retail property

Marcus & Millichap closed the sale of Park Shops, a grocery-anchored center with 47,069 square feet of retail space located at 6400 W. 63rd Street in Chicago. The grocer, Fair Share Super Market, had been operating at the location for 27 years and recently extended for 10 years. The property was under contract within 14 days of going to mar…

CRE N Illinois

Semi-robotic construction techniques debut at Great Lakes Naval Base

Clark Construction Group is debuting semi-robotic construction technology at Great Lakes Naval Base in Great Lakes, Illinois, just north of Chicago. Conducted in conjunction with their engineering partner, Construction Robotics, this is the first construction project in the country to deploy MULE (Material Unit Lift Enhancer) and SAM (Semi-…