Chicago

Industrial vacancy rates are rising, but average rents in Detroit are climbing, too

The industrial vacancy rate across the country jumped to 5.2% at the end of March, according to the latest research from CommercialEdge. But in good…

Itasca’s ML Realty Partners names asset manager

Matt Lamers has joined Itasca, Illinois-based ML Realty Partners as an asset manager. Lamers will focus on Chicagoland and Dallas-Fort Worth portfolio management for ML…

Interra Realty brokers $12.69 million sale of mixed-use property in Chicago’s West Lakeview neighborhood

Interra Realty brokered the $12.69 million sale of a newer-construction mixed-use property comprising 30 residential units and six commercial spaces at 2827-2847 N. Clybourn Ave. in…

Illinois’ ML Realty Partners names senior asset manager

Itasca, Illinois-based ML Realty Partners promoted Ben Salomone to senior asset manager. Salomone will oversee all day-to-day asset operations and third-party property management for ML…

Artist + property owner partnerships demonstrate community investment—and ROI

Hot take: Art and artists have never been more relevant to successful real estate development. Now more than ever, authentic experiences are essential in attracting…

Chicago’s Stotan Industrial names chief administrative officer

Chicago-based Stotan Industrial hired Linda Pace as its chief administrative officer. Pace will play a pivotal role in managing the company’s financial, administrative, accounting, and…

Cresa names new principals with Chicago project management group

Cresa has added Jacqueline Loftis and Amanda Simon as principals with its Project Management Group in Chicago. The duo will focus on growing the local…

Chicago’s OKW Architects names president

Cole Gagnon has been promoted to president of Chicago-based OKW Architects. Known for her high standards for excellence, analytical mind, and one-of-a-kind personality, she becomes the…

Retail renaissance? Chicago’s path forward in 2024 and beyond

Chicago's retail sector stands at a crossroads, navigating unprecedented challenges while harnessing newfound opportunities for growth. By embracing innovation, fostering collaboration and leveraging data-driven insights,…

The Apartment Source takes on leasing, management duties at 43-unit Hyde Park apartment

The Apartment Source (“TAS”) has taken over leasing and management of a 43-unit building located 5451 S. Cornell in the Chicago neighborhood of Hyde Park. This…

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