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Illinois

IllinoisMultifamily

The need for affordable housing has never been greater than in the age of COVID

Chicago had a widening affordable housing gap prior to the pandemic, and the economic fallout of the crisis means that even more families are in…
Matt Baker October 30, 2020
IllinoisMultifamily

Essex enlisted to sell 49-unit Rogers Park building

Essex Realty Group has been exclusively engaged to market a 49-unit elevator building in Chicago’s Rogers Park neighborhood. The asset, located at 2020 W. Farwell…
October 30, 2020
IllinoisCRE

Syska Hennessy promotes Jeff Martin, Clint Moreno to associate principal

The global engineering firm Syska Hennessy Group has promoted Jeff Martin, PE, LEED AP, and Clint Moreno to associate principal. Both have been a part…
October 29, 2020
IllinoisOffice

Sterling Bay nets largest sale this year with $412M disposition of McDonald’s HQ

Sterling Bay and institutional investors advised by J.P. Morgan Asset Management have completed the sale of 110 N. Carpenter, a 575,000-square-foot, newly constructed office building…
October 29, 2020
IllinoisRetail

It would be ludicrous to launch a retail real estate venture now, right? Maybe not.

Investors have grown apprehensive of brick-and-mortar retail over the years as consumers continue to ramp up internet shopping. A focus on experiential retail, relying on…
Matt Baker October 29, 2020
IllinoisStudent Housing

GMH Capital Partners acquires 672-bed student housing project near U of I

GMH Capital Partners and AGC Equity Partners have acquired The Dean, a 672-bed mixed-use student housing project in Champaign, Illinois, from Core Spaces. Terms of the deal were not disclosed. The…
October 29, 2020
IllinoisCRE

Mixed-use Arlington Heights property sells for $1M

Marcus & Millichap facilitated the sale of 217 S. Arlington Heights Road, a 9,900-square-foot, mixed-use property located in Arlington Heights, Illinois, according to Steven D.…
October 29, 2020
IllinoisCRE

Kevin Purcell joins Hilco Redevelopment Partners

Hilco Redevelopment Partners, the development division of Northbrook-based Hilco Global, has tapped Kevin Purcell as director of asset management. Prior to joining Hilco, Purcell served…
October 29, 2020
IllinoisIndustrial

Amazon’s Pullman warehouse opens, concluding work on 62-acre site

Amazon has officially launched its first Chicago delivery station in the city’s Pullman neighborhood. Ryan Companies served as the master developer for the 62-acre Pullman…
October 29, 2020
IllinoisRetail

Culver’s breaks ground at new Pullman location

Joined by Craig Culver, the co-founder of the eponymous company, and Baron Waller, the Chicago entrepreneur who envisioned the site, city officials and the Pullman…
October 28, 2020
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