Associated Bank loans $16.4M for Cicero spec development
Associated Bank closed on a $16.4 million acquisition and construction loan to Bridge Development Partners for the development of a 323,343 square foot, multi tenant,…
Chicago
Aries/Conlon Capital secures loan for CVS Caremark HQ in Buffalo Grove
Aries/Conlon Capital has arranged a $31.5 million five-year, floating rate loan on behalf of Accesso Partners to refinance Riverwalk Phase II located 2100 E. Lake…
Skender starts 168,000 square foot relocation project for GGP
Skender Construction began the interior construction of the 168,000-square-foot headquarters for the retail real estate company GGP at River North Point in Chicago, Illinois.
Avison Young: Don’t expect physical office space to become obsolete anytime soon
Will technology that increasingly allows workers to do more of their work off-site make physical office space obsolete? Not according to the latest research from…
Mid-America report: Independent grocers decline, industry shifts to smaller stores
The Chicago grocery sector showed a net loss of nine stores from 2015 to 2017, according to a Mid-America Real estate biennial urban Grocery study…
A magic button? One touch can turn studios into one-bedrooms
There isn’t much room in the typical studio apartment. RENTCafe says that the average studio apartment built in 2016 was just 504 square feet, a…
Danish juice and coffee bar signs 3 downtown leases in Chicago
Joe & The Juice, represented by CBRE, signed three leases in downtown Chicago.
HFF arranges $150M financing for MILA in Chicago
HFF arranged $150 million in financing for MILA, a 41-story, 402-unit luxury apartment tower along Chicago's Michigan Avenue.
Duke Realty brings 3 buildings to full occupancy in industrial portfolio
Duke Realty Corporation, a leading REIT specializing in bulk industrial buildings, signed two new leases and arranged one renewal for space in three buildings in…
Don’t call it boring, but Chicago industrial market remains steady as ever
As 2017 passes its midpoint, there's plenty of good news for the industrial market, both locally in Chicago and across the country.