Illinois

NAI Hiffman: Improving fundamentals buoying Chicago-area industrial sector

The Chicago industrial market saw improving fundamentals during the third quarter of 2025, with net absorption of nearly 7.5 million square feet and the sector's…

Brennan Investment Group acquires 80,000-square-foot industrial building in Woodridge

Brennan Investment Group acquired an 80,000-square-foot building industrial building on 8.83 acres in Woodridge, Illinois. The property, located within Chicagoland's I-55 submarket at the intersection…

Marcus & Millichap brokers $2.5 million sale of Chicago multifamily property

Marcus & Millichap closed the sale of 1634 W. Thorndale Ave., a 12-unit multifamily property in Chicago. The property sold for $2,525,000. Steve Rachman, Kyle…

McHugh Construction tackling office-to-residential conversion at Chicago’s Wacker Place

Chicago-based McHugh Construction started construction on the office-to-residential conversion of Wacker Place, a 25-story, 248,000-square-foot art deco tower at 65 E. Wacker Place in downtown Chicago. McHugh…

Standard Real Estate Investments, Vistria Group acquire 420-unit Fox Valley Villages in Aurora

Standard Real Estate Investments, LP and The Vistria Group, LP acquired Fox Valley Villages, a 420-unit residential rental community in Aurora, Illinois. Standard and Vistria…

Transwestern’s latest: Office leasing activity takes big dip in the Chicago suburbs

The Chicago suburban office market remains sluggish, with a high direct vacancy rate of 19.1%, according to the latest research from Transwestern.

Itasca’s ML Realty Partners makes key internal moves

Itasca, Illinois-based ML Realty Partners announced two strategic internal moves that will further drive the firm’s growth in acquisitions and leasing. Kevin Donohoe has been promoted…

Interra Realty brokers sale of two multifamily properties in Chicago

Interra Realty brokered the sale of two multifamily properties in Chicago. The 24-unit 4954 N. Christiana Ave. in the Albany Park neighborhood sold for $4.5…

Pegasus completes three retail property deals across Chicago area

Pegasus completed three recent retail property transactions across the Chicago metropolitan area. Valued at nearly $8 million and spanning multi-tenant retail, single-tenant net lease, and…

Chicago’s @properties Commercial adds pair of brokers

Chicago's @properties Commercial added two new brokers, Cavan Finn and Jason Schrik. Finn joins @properties Commercial following successful tenures at industry-leading platforms LoopNet and TenantBase, where he consulted with property owners, brokers,…

Illinois

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