SOM’s Dawveed Scully selected as Leadership Greater Chicago Fellow
In July, Leadership Greater Chicago (LGC) selected SOM associate Dawveed Scully as a 2021 LGC Fellow. Scully, an urban designer, is one of 46 Fellows…
Illinois
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…
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…
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…
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…
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…
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.…