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Illinois

IllinoisHealthcare

Sterling Bay signs lease with Evozyne, LLC At Lincoln Park Life Science Building

Sterling Bay has signed Evozyne, LLC—a Chicago-based, privately held, molecular engineering technology company—to a 30,000-square-foot lease at 2430 N Halsted. Recently acquired as the first…
August 6, 2020
IllinoisRetail

Chase-anchored retail building sells in Lakeview for $3.7 million

Marcus & Millichap brokered the sale of a Chase Bank-anchored retail building located on the Southport Corridor of Chicago, according to David G. Bradley, regional…
August 6, 2020
IllinoisRetail

Sloan takes 20,000-SF showroom space at Sterling Bay’s 333 N Green in Fulton Market

Sterling Bay signed a lease with Sloan at 333 N Green in Chicago’s Fulton Market. The manufacturer of commercial plumbing systems will occupy 20,000 square…
August 5, 2020
IllinoisHealthcare

Down to a science: Positioning Chicago as a research and tech hub

Local economies derive their strength from diversity, as well as a little bit of prognostication. If Chicago wants to serve as a regional and national…
Matt Baker August 5, 2020
IllinoisFinanceMultifamily

Bellwether Enterprise closes $20 million deal to preserve and rehabilitate Chicago affordable housing properties

Bellwether Enterprise Real Estate Capital, the commercial and multifamily mortgage banking subsidiary of Enterprise Community Investment Inc., has closed a $20.5 million loan deal to…
August 5, 2020
IllinoisCRE

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…
August 5, 2020
IllinoisIndustrial

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…
August 5, 2020
IllinoisRetail

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…
August 4, 2020
IllinoisCRE

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.…
Charles Wurtzebach August 4, 2020
IllinoisMultifamily

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…
August 4, 2020
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