Illinois

Back to normal? Savills report charts falling demand, rising vacancy rates in Chicago industrial market

A drop in demand. A slowdown in leasing activity. And higher vacancy rates. That sounds like bad news for the Chicago industrial market. But in…

Missner Group, Greystar-Thackeray acquire 58,174-square-foot industrial building in Wheeling

The Missner Group, in a joint venture with Greystar-Thackeray, acquired a 58,174-square-foot multi-tenant industrial building in Wheeling, Illinois. 1-5 Messner Drive is a warehouse facility located…

Mid-America brokers sale of grocery-anchored shopping center in Chicago

Mid-America Real Estate Corporation’s Investment Sales Group recently brokered the sale of Marketplace at Six Corners, a grocery-anchored urban shopping center in Chicago. The property…

JLL Capital Markets closes $127 million refinance for trophy property in downtown Chicago

JLL Capital Markets has closed the $127 million refinancing of 465 N. Park Drive, a 444-unit, multi-housing project located in the Streeterville neighborhood of downtown Chicago. JLL represented…

With consumer spending up and savings down, workers turn to part-time employment and second jobs for relief

Many economic reports in March came in stronger than expected, justifying the Fed’s current stance of being patient in making the decision to lower interest…

Chicago’s Stotan Industrial adds investment analyst

Chicago's Stotan Industrial has added Conor Nestor as an investment analyst. Nestor will underwrite investment and development opportunities, manage project due dilience, conduct market research…

DarwinPW Realty helps Junkluggers find new home in Elgin

DarwinPW Realty/CORFAC International Vice President Chris Mergenthaler represented The Junkluggers of Chicago NW Suburbs, a junk removal, recycling, and reuse business, in its lease of a…

Colliers marketing 225 W. Superior St. in Chicago

A private investor has hired Colliers Chicago’s Office Capital Markets team of Alissa Adler and John Homsher and the Multifamily Team of Tyler Hague and…

VTS survey: More than 80% of office landlords seeing an increase in lease renewals

A slow recovery in the office sector? It's better than no recovery at all. That's the takeaway from VTS' fifth annual Global Landlord Report released…

Western Specialty Contractors names manager of Chicago branch

Western Specialty Contractors promoted Matthew Ziesemer to manager of its Chicago branch. Ziesemer has been the assistant branch manager for the past three years. As…

Illinois

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