Chicago’s CBD office market still facing struggles
Facing a challenging economic environment, the Chicago CBD's office sector saw its vacancy rate rise, leasing activity drop and net absorption fall into the negative…
Chicago
Draper and Kramer closes $64 million loan for development of 12-story multifamily building in Chicago’s West Loop
Draper and Kramer, Incorporated, a national full-service real estate firm, announces a team led by Matt Wurtzebach, senior vice president with the firm’s Commercial Finance Group (CFG), has…
Avison Young report: Chicago’s industrial market continues to outperform its competitors
Chicago’s industrial market continued to outperform many markets across the United States in the first quarter, according to the latest research from Avison Young.
Hubbard Street Group helps bring Whole Foods Market to Chicago’s East Lakeview neighborhood
Hubbard Street Group secured a lease for Whole Foods Market, with the grocer set to open in Chicago’s East Lakeview neighborhood at the intersection of…
Bulley & Andrews acquires Chicago’s Interior Construction Group
Bulley & Andrews (B&A), a national construction firm, acquired Interior Construction Group (ICG), a Chicago-based general contractor specializing in interior construction. The acquisition supports B&A’s long-term strategic growth…
North Central Region of BOMA announces seven regional TOBY Award winners
The North Central Region of the Building Owners and Managers Association (BOMA) International announced that seven commercial properties have won the regional competition for The Outstanding Building of the Year® (TOBY®) Award. The North Central Region includes Illinois, Indiana, Kentucky, Michigan, and Ohio. …
Better times ahead for Chicago suburban office market? Some signs suggest it
Leasing activity in the Chicago suburban office market remains sluggish. Despite this, there are still positive signs in this sector, according to the latest research…
Interra Realty closes $7.34 million sale of mixed-use building in Chicago’s Bucktown neighborhood
Interra Realty brokered the $7.34 million sale of 1755 N. Damen Ave., a 13-unit mixed-use building adjacent to The 606 trail in Chicago’s Bucktown neighborhood.…
Newmark brokers $41 million sale of 500 North Michigan Avenue in Chicago
Newmark arranged the $41 million sale of the retail portion of 500 North Michigan Avenue, a premier high-street asset along Chicago’s iconic Magnificent Mile. Newmark…
CBRE names vice chairman in valuation and advisory services department in Chicago
Chicago-based CBRE elevated Randal Dawson to Vice Chairman within CBRE Valuation & Advisory Services. Dawson continues to serve as National Leader of the firm's Litigation…