Chicago

CRG’s Susan Bergdoll: Signs point to a busier 2024 for industrial real estate

Yes, industrial real estate remains one of the strongest commercial sectors. This doesn’t mean, though, that this asset class didn’t face challenges in 2023. Higher…

Shapack Partners, CRG to develop multifamily property in Chicago’s Fulton Market

Shapack Partners and CRG announced a new partnership to develop a multifamily residential building at 220 N. Ada St. in Chicago's Fulton Market neighborhood. The…

Venture One Real Estate acquires 785,181-square-foot industrial portfolio in Chicago suburb

Venture One Real Estate through its acquisition fund VK Industrial VI, LP has closed on the acquisition of a 785,181-square-foot two-building industrial portfolio at 609…

Akrete names industry veteran to newly created president role

Akrete, a national public relations, content development and marketing firm, appointed Nicole Stenclik to the newly created role of president effective Jan. 1. Ushering in…

Inland purchases majority interest in Devon Self Storage Holdings

Oak Brook, Illinois-based Inland Real Estate Group of Companies, Inc. will purchase a majority interest in the business of Devon Self Storage Holdings, one of…

Colliers research: 32 new industrial buildings delivered in Chicago market during fourth quarter of 2023

A surge in development hit the Chicago-area industrial market during the final quarter of 2023, with 32 new buildings reaching completion, according to Colliers' fourth…

Brennan Investment Group acquires seven industrial buildings in Chicago market

Brennan Investment Group has acquired seven industrial buildings in Wood Dale, Illinois. Situated on 12.5 contiguous acres in the heart of Chicago's O'Hare submarket, the…

JLL Capital Partners completes $30 million sale of retail, parking facilities at Chicago’s Marina City

JLL Capital Markets has completed the $30 million sale of The Retail and Parking at Marina City, a 146,000-square-foot retail, dining and entertainment complex with structured…

CRE Future Leaders: Joey Morisco of Peak Properties

Joey Morisco is a property manager with Chicago’s Peak Properties. But before making the move to commercial real estate, he had carved out a successful…

U.S. office sector doldrums continued into end of 2023

The U.S. office sector ended 2023 in much the same way it started the year: Vacancy rates were up and asking rents were down.

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