Chicago

JLL Capital Markets closes sale and financing of office complex in suburban Chicago

 JLL Capital Markets arranged the sale and financing of Mid America Plaza, a two-building, trophy office complex in the suburbs of Chicago, Illinois. JLL represented the…

Almanac Realty Investors provides up to $300 million in capital to Houston’s SparrowHawk

Almanac Realty Investors, a business unit of Neuberger, has committed up to $300 million of growth capital to SparrowHawk, a private real estate company founded in 2011 by…

NewMark Merrill Companies acquires 179,106-square-foot retail center in Chicago

NewMark Merrill Companies, Inc. acquired Lake Meadows Shopping Center, a 179,106-square-foot grocery anchored retail center on 16 acres on the corner of South Martin Luther King Drive and East 35th Street in Chicago from Draper and Kramer. The center is…

Alterra IOS acquires 11 IOS properties in Midwest, Texas markets

Alterra IOS acquired 11 best-in-class IOS properties concentrated in major industrial and logistics hubs across the United States. The portfolio spans 31.6 usable acres and…

Chicago’s Essex Realty Group names partner

Essex Realty Group, LLC, a Chicago-based commercial real estate brokerage firm, announced the promotion of Matt Feo to Partner. Matt joined Essex in 2017 as…

A market in moderation: CommercialCafe says it’s the best way to sum up the U.S. industrial market last year

How to sum up the 2025 U.S. industrial market? CommercialCafe in its latest industrial report used the word "moderation."

Rethinking Risk: What Chicago’s lenders learned from 2025

The building in Addison wasn’t supposed to become a car club. It started as an unremarkable 20,000-square-foot distribution shop before its owner decided to rethink…

Pent-Up Potential: Chicago’s industrial market eyes a rebound in 2026

Chicago’s industrial market spent most of 2025 looking more complicated on the ground than it did on paper. Activity appeared constant, yet the correlation to…

Pressure, Partnership, Progress: Property managers turned disruption into innovation in 2025

The story of property management in 2025 can be told through an 800,000 square foot tower where a fitness center was losing $18,000 a month.…

Lee & Associates closes 11,500-square-foot lease transaction for candy manufacturer in Chicago

Lee & Associates closes11,500-square-foot lease transaction at 2743 W. 36th Place in Chicago, Illinois. Dylan Maher, senior vice president at Lee & Associates’ Illinois office,…

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