RE Journals - Midwest and Chicago commercial real estate news

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Plenty of momentum: Suburban Chicago multifamily market gains strength in first quarter of 2026

Chicago’s suburban apartment market entered 2026 with plenty of momentum, fueled by larger transactions and investors eager to sink their dollars into multifamily projects in the collar counties surrounding the city, according to the latest research from Interra Realty.

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Habitat, M/I Homes of Chicago to develop 227-residence community on former Solo Cup site in Highland Park

A joint venture between Chicago-based Habitat and M/I Homes of Chicago closed on the former Solo Cup Company site in Highland Park, Illinois, where the joint venture plans to develop The Bowery of Highland Park, a 227-residence for-sale townhome community.

Crystal Lake is the clear leader for real estate business development

The City of Crystal Lake continues to grow, leading to strong retail, office and industrial real estate markets with outstanding, ongoing opportunities for growth.

Marquette Management adds 1,115-unit Chicago apartment community to its portfolio

Marquette Management added The Pavilion to its portfolio. Recently acquired by R.I.G. Capital in the Chicago area’s largest apartment sale so far this year, the 1,115-unit community is located minutes from O’Hare International Airport at 5441 N. East River Road, in the Chicago city limits.

Lee & Associates names EVP in Rosemont office

Lee & Associates promoted Tony Russo to executive vice president from senior vice president in the company's Rosemont, Illinois, office.

Cushman & Wakefield, JLL negotiate sale of two-property self-storage portfolio in Chicago

Cushman & Wakefield and JLL announced today that the commercial real estate services firms’ Self Storage Advisory Groups have represented Self Storage 1 in the sale of a two‑property, institutional‑quality self‑storage portfolio in Chicago to Etude Storage Capital.

JLL Capital Markets closes $141 million refinancing for Wolf Point West in Chicago

 JLL Capital Markets arranged a $141.817 million refinancing for Wolf Point West, a best-in-class luxury multifamily property in Chicago's River North neighborhood.

Cawley Commercial Real Estate closes 244,343-square-foot industrial lease in Joliet

Cawley Commercial Real Estate (Cawley CRE) completed a 244,343-square-foot long-term, industrial lease on behalf of Coda Resources at 2000 S. Rowell Ave. in Joliet, Illinois, a 399,930-square-foot newly constructed facility developed by Cabot Properties.

Lee & Associates names VP in Rosemont office

Lee & Associates promoted Matthew Androwich to vice president from senior associate in its Rosemont, Illinois, office.

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