Chicago

Chicago’s industrial fundamentals remained strong in the third quarter

The Chicago economic landscape continued to improve throughout the third quarter of 2018. According to an Avison Young third quarter 2018 industrial market report, Chicago…

Lodge Financial arranges $5.6M in financing for two separate Chicago MSA properties

Lodge Financial arranged financing for two separate transactions in the Chicago area. A $3,750,000 loan will go toward the refinancing of a 33,500-square-foot land parcel…

Ferrara Candy may move headquarters to Chicago’s Old Post Office

Ferrara Candy, maker of Lemonheads, Nerds and other treats, reportedly intends to move its headquarters from Oakbrook Terrace, Illinois to the Old Post Office in…

SVN Chicago facilitates record land sale in Chicago’s Pilsen neighborhood

A 15,625-square-foot land site with a 3,750-square-foot building sold at 1850-54 S. Racine Avenue in Chicago's Pilsen neighborhood. Paul Cawthon and Angelo Labriola of SVN…

The Cook County Land Bank looks to go commercial

With numerous vacant properties left at the tide line of the receding Great Recession, The Cook County Land Bank Authority (CCLBA) was created in 2013…

3Eleven becomes first Midwest multifamily building to achieve Fitwel certification

The John Buck Company's 3Eleven, located at 311 W. Illinois Street in Chicago, recently became the first multifamily building in the Midwest to be awarded…

Luxury residential tower Optima Signature refinances for $215 million

Perkins Coie represented luxury residential development firm Optima, Inc. in the negotiation of its $215 million term loan for its Optima Signature project, which refinances…

Leap launches retail platform to move brands into brick-and-mortar locations

Retail-as-a-service provider Leap launched a platform to enable digital brands to occupy brick-and-mortar retail stores more quickly and without taking on the typical risks of…

Largest co-living project in the Midwest breaks ground in Chicago

Residential brand Common is partnering with CityPads on the largest co-living home in Chicago and in the Midwest. The project, Common Addams, is the third…

Chicago City Council approves Tribune Media Plan for riverfront development

The scheme by Tribune Media Company subsidiary Tribune Real Estate Holdings to transform their riverfront development at 777 W. Chicago Avenue has been approved by…