More than 200 results for “north chicago”
Multifamily N Illinois

Not a passing craze: Deconversions still strong in Chicago

| Matt Baker

There were two major condo deconversion deals announced in Chicago at the close of 2018: Kiser Group’s deconversion of the 250-unit Flats on LaSalle and the sale of River City, the largest such deal for the market at 449 units. Since then, however, news of these condo-to-rental deals has been slow. Is this a sign that the trend itself is st…

Retail N Illinois

Mojo Coffee expands in Chicago with two new locations

New Zealand-based Mojo Coffee has announced the summer 2019 opening of two new cafes. These new outposts will join two Mojo Coffee locations already open in Chicago—site of their 2017 expansion into North America—and over 40 worldwide. Located at 33 N. LaSalle Street and 330 N. Wabash Avenue, this growth furthers Mojo's mission of elevating…

Hospitality N Illinois

Construction wraps up on $67 million River North hotel project

Mortenson recently completed the newly opened 17-story, 206-room Home2 Suites by Hilton Chicago River North. Mortenson teamed up with lead developer and owner Akara Partners on the $67 million extended stay hotel, one of the few Home2 Suites by Hilton’s urban high-rise hotels, while also serving as the design-builder with Norr Architects.

CRE N Illinois

CRE Future Leaders: Cal Payne

| Matt Baker

A member of CBRE’s agency and occupier brokerage groups, Cal Payne advises clients in the leasing, acquisition and disposition of industrial facilities throughout North America. Since 2012, he and his team have completed over 300 transactions totaling more than 24 million square feet and valued at over $850 million.

CRE N Illinois

New assessments, old story

| Terry Nader

Property owners are receiving reassessment notices with increases of 200 percent or even 300 percent on commercial property and apartment buildings. Even those who planned for the reassessment this year never imagined increases on this scale and do not know how to budget for the potential tax increase. As an attorney who contests property t…

Industrial N Illinois

Duke Realty building 543,780-SF spec warehouse in I-55 submarket

The Chicago office of Duke Realty is building a new, 543,780-square-foot spec bulk warehouse in Romeoville, Illinois. The building, which is known as Airport Logistics Center I, is located on Renwick Road between I-55 and I-355 and just minutes from Lewis University Airport. The 76.46-acre site on which the building is located allows for an…

CRE N Illinois

Ware Malcomb elevates two Oak Brook team members

Ware Malcomb, an award-winning international design firm, announced two Midwest promotions: Grant Brandenburg has been promoted to director, regional operations and Troy Flick has been promoted to studio manager, design. Both are based out of the firm’s Oak Brook, Illinois office.

Multifamily N Illinois

Vista Tower tops out in Chicago at 101 stories

Magellan Development Group, the developers behind Vista Tower, celebrated a significant milestone last week as crews from McHugh Construction placed the final beam, signifying its topping out. Now at a soaring height of 1,191 feet, Vista is that much closer to becoming the city’s third-tallest building and most exclusive address.