RE Journals – The Midwest’s leading source for commercial real estate news
The latest headlines from
Illinois Real Estate Journal
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Flyover No More: The Case for Midwest Hotel Investment
For real estate investors conditioned to chase hot deals in the Sun Belt, the Midwest can sometimes be an afterthought. However, there are a number of compelling reasons why hospitality properties in the region are a good bet.



Chicago’s Water Tower Place announces $170 million renovation plan
Water Tower Place, the seminal shopping destination on Chicago’s Magnificent Mile, shared redevelopment plans for the popular and historic shopping center. 



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.


Cawley Commercial Real Estate reps Missner Group in acquisition of industrial facility in Aurora
Cawley Commercial Real Estate announced the acquisition and leasing assignment of a 58,236-square-foot multi-tenant industrial facility at 657 Wolverine Drive in Aurora, Illinois.

S.M. Wilson & Co. serving as general contractor for new elementary school in Murrayville
Jacksonville School District #117 has selected S. M. Wilson & Co. as General Contractor for its new 40,000-square-foot Murrayville-Woodson Elementary School in Murrayville, Illinois.

Nicholas & Associates celebrates ribbon-cutting for The Vue mixed-use development in Elk Grove Village
Nicholas & Associates and Wingspan Development Group of the Nicholas Family of Companies joined Elk Grove Village officials April 16 to celebrate the ribbon-cutting for the initial commercial phase of The VUE, a 10-acre mixed-use development in Elk Grove Village, Illinois.

Marcus & Millichap brokers sale of 18,170-square-foot mixed-use property in Chicago
Marcus & Millichap brokered the sale of 440-448 N. State St., an 18,170-square-foot mixed-use property in Chicago.  

SVN Chicago Commercial closes $17.1 million sale of Hilton Garden Inn in Mattoon
SVN Chicago Commercial closed the $17.1 million sale of the 102-room Hilton Garden Inn Mattoon at 100 Coles Centre Parkway in Mattoon, Illinois.

Newmark brokers 43,200-square-foot office HQ lease in Rosemont for Claire’s Holdings
Newmark arranged a 43,200-square-foot office headquarters lease with RCS Real Estate Advisors for Claire’s Holdings, LLC, a global accessories retailer and portfolio company of Ames Watson, at Columbia Centre III in Rosemont, Illinois.

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