Salesforce Tower secures $500+ million construction loan
Construction on Salesforce Tower—the third phase of the development of Wolf Point in Chicago—was able to move ahead last month after Hines received construction financing…
Chicago
Net-leased retail property trades hands in Chicago’s West Lawn neighborhood
Marcus & Millichap brokered the sale of a net-leased Church's Chicken retail property located in Chicago, according to Steven D. Weinstock, regional manager and first…
Getting back to work: Returning office workers face new realities
Right now, millions of people are getting a new-found taste for 30-second commutes and roll-out-of-bed attire. But COVID-19 protections will eventually lift and when these…
Who’s optimistic on industrial? More are than aren’t.
The COVID-19 pandemic has caused virtually everyone involved with commercial real estate to pause and reassess their situation. For many in the industrial asset class,…
Sterling Bay inks Fulton Market deal with fintech startup
Sterling Bay, has signed a lease with LQD Business Finance, a Pilsen-based fintech company, at its Fulton Market incubation space, 370 N. Carpenter in Chicago.…
Construction permit approved for boutique West Loop condo project, 1400 Monroe
The city of Chicago has greenlighted JK Equities' 42-unit, seven-story boutique condominium building, 1400 Monroe. The property, located in Chicago’s West Loop, is expected to…
On the Corner: Monroe & Dearborn
When I was a young child in the early ‘60s, I loved to go downtown with my parents. I loved the mystery of it all.…
Essex Realty Group brokers sale of $2.5M apartment building
Essex Realty Group facilitated the sale of 5045 N. Northwest Highway, a 12-unit walk-up apartment building located in Chicago’s Jefferson Park neighborhood. “Built in 2008,…
CBRE elevates Heidi McClenahan to senior director of the Chicago project management team
Heidi McClenahan was recently promoted to senior director of project management (PJM) in the Chicago office of CBRE. She will oversee all aspects of the…
Waterton hires Christopher Kersten as vice president, reporting and business intelligence
Waterton, a national real estate investor and operator, has tapped Christopher Kersten to serve as vice president, reporting and business intelligence. Kersten brings 15 years…