Chicago

Ice-cold innovation: Chicago ramps up cold storage infrastructure

Driven by a confluence of factors including a booming population, e-commerce expansion and aging infrastructure, the Chicago area is experiencing a surge in cold storage…

Commercial Real Estate Hall of Fame: Northmarq’s Isaiah Harf

Respect: That’s what Isaiah Harf has earned from his clients and colleagues during his career of more than 15 years.

Chicago real estate pros join forces to create South Asians in Real Estate non-profit

In observation of Asian American, Native Hawaiian and Pacific Islander Heritage (AAPI) Month in May, some of Chicago’s most notable real estate executives have joined forces to…

More resilient than expected? Bradford Allen report showcases plenty of reasons for optimism in Chicago suburban office market

Yes, Chicago’s suburban office sector continues to face challenges. But the latest research from Bradford Allen shows that Chicago’s suburban office market is resilient, too,…

Reimagining workspaces: Office-to-warehouse conversions address Chicago’s industrial space crunch

A scarcity of industrial space in the Chicago area is driving a growing trend: the conversion of aging office buildings into warehouses. This shift reflects…

McHugh Construction names new president

Kinjal Patel has joined the Chicago office of McHugh Construction as president. Patel most recently led the Chicago construction business for Lendlease. In his new…

Baker Barrios Architects adds two leaders to Chicago, Nashville offices

Baker Barrios Architects, a multidisciplinary architecture and design firm, made two new additions to its leadership: Chris Powers as Associate Principal and Director (Healthcare); and…

CRE Future Leaders: Draper and Kramer’s Sara Schwer

In CRE Future Leaders, Illinois Real Estate Journal profiles the young professionals who are making a difference in the commercial real estate industry. This time,…

CBRE closes sale of Chicago’s Hotel Versey

CBRE has arranged the sale of Hotel Versey, a 137-room hotel at 644 W. Diversey Parkway in Chicago. Lincoln Park Hotel PropCo LLC sold the…

Rising industrial vacancy rates in Chicago? Corporate give-backs are one key reason

Corporate give-backs boosted the vacancy rate in the Chicago industrial market during the first quarter of the year.