Illinois

Chicago Loop Alliance releases report on July Loop business operations

Chicago Loop Alliance has begun collecting monthly survey data from its member businesses to track operations during the COVID-19 pandemic. The July report shows the…

Cairo, IL receives $40M infusion for creation of inland port at confluence of Mississippi and Ohio Rivers

Illinois Governor J.B. Pritzker announced that the state will provide $40 million through the Rebuild Illinois capital plan to anchor a public-private partnership that will…

Multi-tenant retail asset sells on Chicago’s West Side for $2.7 million

Marcus & Millichap facilitated the sale of Galewood Plaza, a 14,071-square-foot, multi-tenant retail property located in Chicago, according to Steven D. Weinstock, regional manager and…

DePaul/ULI Chicago survey: COVID-19 and Cook County taxes will lead to “Nike swoosh-shaped” recovery in Chicago

Global events that trickled down to Chicago’s real estate markets ensured the belief that 2020 is a year like no other—even in just six months.…

POAH expands Chicago affordable housing presence with Bridgeport, Uptown acquisitions

Preservation of Affordable Housing (POAH) is extending its reach in the Chicago market by acquiring five more affordable properties with 247 rental apartments from the…

Smooth roads ahead for e-commerce real estate

While the COVID-19 situation has placed potholes and hairpin turns in front of some sectors like retail and hospitality, there’s nothing ahead but freshly laid…

Gurnee land site sells to hotel developer

SVN | Chicago Commercial recently brokered the sale of a land parcel at 5742 Northridge Drive in Gurnee, Illinois. A developer acquired the 2.64-acre land…

Vista Property Group sets sights on West Loop infill location for 15-story office building

Vista Property Group is seeking approval for a new office building at 609 W. Randolph Street in Chicago’s West Loop. Designed by Antunovich Associates, the…

Glenstar and Rubenstein Partners complete $20 million renovation at Continental Towers

Glenstar and Rubenstein Partners have wrapped up a $20 million renovation at Continental Towers. Launched last summer, it marks the completion of a two-phase redevelopment…

ESD proptech spinoff raises $6.5 million in seed funding

Cohesion, a spin-off venture of ESD, raised $6.5 million in seed funding to support their SaaS intelligent building platform, based on technology originally conceived and…

Illinois

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