Chicago

IllinoisMultifamily

Interra Realty closes $10 million sale of Gold Coast neighborhood apartment building

Interra Realty brokered the $10 million sale of an eight-unit condominium building at 1447 N. Dearborn Parkway in Chicago’s Gold Coast neighborhood. Interra Director Max Grossman represented…

IllinoisCRE

Chicago’s Laramar Group names pair of vice presidents

The Laramar Group promoted Brandon Krantz and Matt Kreikemeier to vice president of investments. The firm has corporate offices in Chicago and Denver.  Krantz and…

IllinoisRetail

Marcus & Millichap negotiates $2.25 million sale of retail property in Chicago’s Andersonville neighborhood

Marcus & Millichap negotiated the sale of 5601 N. Clark St., a multi-tenant retail property in the Andersonville neighborhood of Chicago. The property sold for…

IllinoisMissouriTexasMultifamily

13 rental communities from Draper and Kramer’s management portfolio earn Resident Satisfaction awards

Draper and Kramer, Incorporated announced that 13 rental communities from its national management portfolio were named 2024 Resident Satisfaction award winners by SatisFacts, the multifamily…

IllinoisHospitality

Chicago’s Fairmont Chicago, Millennium Park names women to four key management roles

The Fairmont Chicago, Millennium Park appointed four women to key management positions. This milestone reinforces the hotel’s commitment to fostering an inclusive workplace while driving…

IllinoisFinance

Will the Great Uncertainty accelerate or derail the Great Reset?

Uncertainty typically drives up risk premiums for CRE assets, including an increase in credit spreads. If economic growth slows and unemployment increases, landlords may struggle…

IllinoisOffice

A positive sign: Available office sublease space keeps falling in Chicago’s CBD

In a positive sign for downtown Chicago's commercial real estate market, the amount of available sublease space in the city's CBD office market continues to…

IllinoisOffice

Avison Young brokers 41,929-square-foot office lease in downtown Chicago

Global commercial real estate advisor Avison Young arranged a full-floor, 41,929-square-foot office lease on behalf of NinjaTrader Group, LLC at 222 N. LaSalle St. in…

IllinoisIndustrial

Sterling Bay, Affinius Capital complete Pulaski 55 Logistics Centre in Chicago

Sterling Bay and Affinius Capital completed work on the Pulaski 55 Logistics Center, a state-of-the-art industrial facility at 4510 W. Ann Lurie Place in Chicago.…

MidwestIndustrial

Making room for industrial infill: Maximizing existing urban infrastructure supports sustainable growth

With a steady march of employees returning to downtown and suburban offices nationwide, it’s an important time to take a closer look at the upside…