Illinois

With $41M in financing secured, Newcastle Limited breaks ground on Gold Coast development

Newcastle Limited secured $41.3 million in construction financing to support development of the firm's mixed-use project at 1210 N. State Parkway in Chicago's Gold Coast…

Lori Healey departs Clayco to oversee construction of Obama Presidential Center

The Obama Foundation has hired Lori Healey to manage the construction and operations of the Obama Presidential Center planned for Chicago’s Jackson Park. Until the…

Interra Realty brokers $2.58M sale of industrial/flex building in Chicago’s Kinzie Industrial Corridor

Interra Realty arranged the $2.58 million sale of 424 N. Wood Street, a 20,523-square-foot industrial/flex building in Chicago’s Kinzie Industrial Corridor. The buyer, Diamond Realty…

Brit Properties refinances several industrial assets

Union National Bank has refinanced a portfolio of industrial buildings owned by Rosemont-based real estate syndicator, Brit Properties. The assets located in the Chicago city…

AIA Chicago’s Designight goes virtual for 2020 Design Excellence Awards

For the first time in the event’s 65-year history, the Chicago chapter of the American Institute of Architects’ (AIA Chicago) Design Excellence Awards was conducted…

Rental townhomes now complete at Porte in Chicago’s West Loop

Lendlease and The John Buck Company, together with partner Intercontinental Real Estate Corporation, announced the completion of the townhome residences at Porte, a two-tower, mixed-use…

BOMA/Chicago elects new officers, board members

The Building Owners and Managers Association of Chicago (BOMA/Chicago) announced that Derrick Johnson, senior vice president of Zeller, was elected president of the association effective…

Suburban Chicago single-tenant retail building trades hands

JLL Capital Markets has closed the $2.5 million sale of a 3,343-square-foot, single-tenant retail building ground leased to Raising Cane’s Chicken Fingers in the Chicago-area…

TradeLane Properties aggregates city block in Chicago’s West Loop

TradeLane Properties—through its Chicago-focused, value-add industrial fund, TLP Fund I—has closed on an urban infill acquisition of the 20,611-square-foot warehouse facility located at 1532 W.…

Waterton hires Pamela Hennessy as senior vice president, corporate accounting and reporting

Waterton has tapped Pamela Hennessy to serve as senior vice president, corporate accounting and reporting. Based in Chicago, Hennessy will report to Tara Marszewski, chief…

Illinois

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