Chicago

Coworking firm CommonGrounds Workplace signs 10-year lease in Chicago’s financial district

CommonGrounds Workplace has signed a 10-year lease for 30,783 square feet at 33 N. LaSalle Street in Chicago. The workplace-as-a-service and coworking company currently operates…

Chicago-based Spaces Real Estate merges with Evolve Real Estate

Full-service residential real estate brokerages Spaces Real Estate and Evolve Real Estate have merged. Evolve co-founder Jonathan Sheil, who was one of the first six…

CBRE represents Shorenstein in 25,000-SF Loop office lease to ReviewTrackers

CBRE represented Shorenstein Properties in leasing a 25,147-square-foot office space at One North State in Chicago to ReviewTrackers, an online reputation management firm. After securing…

C&W brokers sale of 59-unit, mixed-use West Town property, LUXE on Chicago

Cushman & Wakefield's Midwest multifamily advisory group has brokered the sale of LUXE on Chicago, located at 1838 W. Chicago in the trendy West Town…

Westmount Realty Capital hires seasoned property manager in Chicago

Commercial real estate development and investment management firm Westmount Realty Capital, LLC has hired John Humphrey as senior property manager—Chicago. Humphrey brings over 23 years…

Blue Cross and Blue Shield of Illinois to expand in Chicago’s Morgan Park neighborhood

Blue Cross and Blue Shield of Illinois (BCBSIL) is planning to open a new multipurpose solution center in Chicago's Morgan Park neighborhood. BCBSIL has leased…

Net lease and industrial: Two strong sectors that perform well together

Throughout this record-long period of economic growth, there have been two asset classes that have performed particularly well: industrial and net lease. For investors, the…

Chicagoland Commercial Real Estate negotiates three Chicago office leases

Chicagoland Commercial Real Estate, Inc. recently completed three office leases totaling 12,775 square feet within the city of Chicago. Two of the transactions were for…

Luxury haberdashery Syd Jerome doubles Loop footprint

In its second move in 26 years and third in its 60-year history, Syd Jerome, the luxury menswear store, has relocated to a 7,300-square-foot, two-level…

Sterling Bay strengthens life sciences division with new hire

Chicago-based real estate development and investment firm Sterling Bay has hired Catherine E. Vorwald as its first director of life sciences. The new role signals…