Rooftop terrace unveiled atop Chicago’s Old Post Office
The Old Post Office announced the completion of The Meadow, the highly anticipated 3.5-acre rooftop park on its 13th story. The outdoor experience stretches the…
Illinois
Jim McShane to retire from The McShane Companies; Molly McShane elevated to CEO
Jim McShane, PE is stepping down as chief executive officer of The McShane Companies. Molly McShane, who currently serves as chief operating officer, will take…
A lab science boom in Chicago may rely on existing buildings
A diverse economy is a strong economy, which is why many in the Chicago area would like to see more development in the lab sciences.…
Columbia Care expands in Illinois with Villa Park dispensary
Columbia Care, Inc. announced the opening of its second adult-use cannabis dispensary in the Chicagoland area. The new dispensary is located at 133 Roosevelt Road,…
Wool Finance Partners arranges $6.2M spec industrial construction loan
Martin Siegel of Wool Finance Partners has arranged $6,200,000 in construction financing for the speculative development of a 95,245-square-foot distribution warehouse facility within Corporate Woods…
Commercial Real Estate Hall of Fame: NAI Hiffman’s Perry Higa
Each year, Midwest Real Estate News inducts a new class into its Midwest Commercial Real Estate Hall of Fame. We are also running these profiles…
Bridge Development Partners hires new CFO
Bridge Development Partners has tapped Sean Zasche, formerly of CA Ventures, as its new chief financial officer. As CFO, Zasche will lead all capital management…
Interra Realty brokers $2 million multifamily sale in Chicago’s Logan Square neighborhood
Interra Realty facilitated the $2.075 million sale of 3821-23 W. Wrightwood Avenue, a 13-unit multifamily building in Chicago’s Logan Square neighborhood. The price per unit…
Head of the Class (B): Older industrial assets can still bring value
Over the past six months, the industrial real estate sector has been the beneficiary of an otherwise calamitous situation, with a pandemic-induced surge in e-commerce…
J.C. Anderson completes office build-out for Gannett Fleming at Two Prudential Plaza
J.C. Anderson has completed a 22,000-square-foot, full-floor office renovation project at Two Prudential Plaza in Chicago for global infrastructure and engineering firm, Gannett Fleming. Gannett…