Cresa helps NAMI Chicago find new home
Cresa’s Ryan Foran and Jonathan Zeitler represented NAMI Chicago in a new, 10,058-square-foot lease at Old Town Park, 224 W. Hill St. in Chicago. The…
Chicago
Pioneer Realty Group to market redeveloped six-unit apartment building in Chicago’s Roscoe Village
Pioneer Realty Group has been named the exclusive sales representative for a newly redeveloped six-unit multifamily building featuring one commercial unit and five residential units…
Colliers research: Supply outpaces demand in Chicago’s industrial market … but this might be changing
In 2023, the Chicago industrial market experienced oversupply relative to demand. However, in the first quarter of 2024, there has been a notable shift towards a more…
Commercial Real Estate Hall of Fame: Colliers’ Daniel Arends
There’s a reason why Colliers’ Principal Dan Arends is known as one of the top commercial real estate professionals in the Chicago market: It’s all…
Stonepeak acquires 1.7-million-square-foot logistics portfolio in Chicago
Stonepeak acquired a three asset, 1.7-million-square-foot rail-served logistics portfolio in Chicago from CenterPoint Properties. The portfolio is located at the largest inland port in North…
Essex Realty Group brokers six-sale multifamily portfolio in Chicago
Essex Realty Group closed the sale of a six-building multifamily portfolio consisting of 83 units in Chicago. The portfolio sold for more than $8.8 million…
Chicago’s industrial pipeline keeps drying up
Don't expect many new industrial developments to pop up in the Chicago area during the rest of 2024. Colliers reported that the pipeline of new…
Bradford Allen report: Struggles not lessening in Chicago office market
More struggles for Chicago's downtown office market? New research from Bradford Allen suggests that this sector will continue to face challenges throughout 2024.
Peak Properties taking on management duties at Uncommon in Chicago’s South Loop
Peak Properties LLC has added Uncommon, a 43-unit South Loop building at 2101 S Wabash Ave, to its growing management portfolio. The boutique loft apartment…
Back to normal? Savills report charts falling demand, rising vacancy rates in Chicago industrial market
A drop in demand. A slowdown in leasing activity. And higher vacancy rates. That sounds like bad news for the Chicago industrial market. But in…