Midwest

Lots of movement in Chicago’s CBD: Office tenants actively seeking area for their new space

Office especially saw an impressive second quarter in the Central Business District (CBD), where vacancy decreased from 11.97 percent to 11.65 percent—the lowest it's been…

10 & 120 South Riverside Plaza in Chicago’s West Loop close to reaching full occupancy

Ivanhoé Cambridge and Callahan Capital Properties (CCP) announced seven lease transactions totaling approximately 150,000 square feet at 10 & 120 South Riverside Plaza, a two-building,…

Venture partners pay $7.25M for ground-level retail space next to McDonalds’ new HQ

The buyer, a partnership between R2 and Marc Realty Capital, paid $7.25 million for the property. Existing tenants include the classic French restaurant La Sardine,…

Construction on a new Will County Justice Center in Joliet to break ground in spring 2018

This new center will replace the aging adjacent structure with a modern justice facility featuring the latest advancements in security screening, courtroom technologies, energy management,…

Sterling Bay, J.P. Morgan get $78 million in construction financing for Fulton West Phase II

Holliday Fenoglio Fowler, L.P. has secured $78 million in construction financing for the development of Fulton West Phase II, a nine-story, 290,699-square-foot, creative office building…

Cushman & Wakefield launches Automotive Specialty Practice Group

The new group includes a global, cross-discipline team of experienced and accomplished real estate and business advisors to auto manufacturers, suppliers, distributors and retailers.

Former Hostess site in Schiller Park to be redeveloped into O’Hare distribution space

Located at 9555 & 9655 West Soreng Avenue, the property was formally the home to a Hostess and Twinkie plant where it produced sweets for…

Illinois Industrial Tool’s new 166,000-square-foot lease in Lockport prompts Panattoni to expand campus

With this lease signed shortly after the spec building's completion, only 62,598 square feet remains available for lease in building No. 2, prompting Panattoni to…

NAI Everest announces addition of Tom Backstrom as a vice president

Backstrom brings 45 years of hands on involvement on more than 50,000 units to his new role.

Dominium announces new construction supervisor in Minneapolis

In his new role he will oversee the construction processes on new and existing properties.

Midwest

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