More than 200 results for “o”
CRE N Illinois

Six factors for a successful public-private partnership

| Guy Smith

In June, the Chicago Infrastructure Trust announced a high-profile partner had come aboard one of the city’s most anticipated projects, an express rail line connecting downtown and O’Hare International Airport. The Boring Company—headed by the decidedly not-boring Elon Musk, of Tesla and SpaceX fame—was selected from a group of four firms t…

Office N Illinois

Savills Studley represents GCG Financial in expansion and extension

GCG Financial, Inc., an Alera Group company, has expanded and extended its lease to occupy approximately 45,000 square feet of office space at Three Parkway North in Deerfield, Illinois. The additional space will accommodate the company’s growth as well as the headquarters of Alera Group, a national insurance brokerage and wealth management…

Office N Illinois

Clear Height Properties acquires four-building, $30 million portfolio

Clear Height Properties has acquired a four-property, 522,000 square-foot Chicago suburban portfolio for $30 million. Included among the properties is 2625 Butterfield Road, a 201,800-square-foot office building formerly known as Butterfield Office Plaza, and more than 320,000 square feet of flex properties in Elmhurst, Bensenville and Willowbrook.

Multifamily N Illinois

South Loop, 298-unit high-rise sells in Chicago

Holliday Fenoglio Fowler, L.P. (HFF) announced the off-market sale of Burnham Pointe, a 298-unit high-rise apartment property in Chicago’s South Loop. The HFF team advised on the transaction between the seller, Crescent Heights, and the buyer, a joint venture between Draper and Kramer and Intercontinental Real Estate Corporation. Terms of t…

Multifamily N Illinois

Construction begins on Des Plaines multifamily development

The Opus Group has begun construction on a 113-unit, mixed-use multifamily development in Des Plaines, Illinois, adjacent to the O’Hare office and industrial submarkets. Located at 1555 Ellinwood Avenue, the transit-oriented development will feature 1,400 square feet of ground floor retail space and will embrace the live-work-play mantra th…

Industrial N Illinois

New distribution center headed to Chicago's Southeast side

Chicago Mayor Rahm Emanuel and 10th Ward Alderman Sue Sadlowski Garza announced plans for a $169 million industrial complex that will strengthen Chicago’s Southeast Side position as an epicenter of transportation and logistics for the entire Midwest. Kansas City-based NorthPoint Development will take the lead on the project.

CRE N Illinois

Five transformations shaping airports of the future

| Will Jenkinson

Many of our first and last impressions of a given place occur at the airport. We often experience the local foods, interact with workers and perceive how the regional community values design and technology. A positive experience can go a long way. Here are five transformations influencing the future of airports across the globe, ultimately …