Illinois

Marcus & Millichap arranges sale of nine-unit apartment building in Joliet

Marcus & Millichap closed the sale of a nine-unit apartment property located in Joliet, Illinois, according to Steven D. Weinstock, regional manager and first vice…

First peek at the Tribune Tower Residences

Nearly a century ago, the Chicago Tribune launched an architectural competition to design a new headquarters. The resulting building—an iconic, neo-Gothic gem on Chicago's famed…

Buena Park deconversion trades for $4.6 million

Marcus & Millichap brokered the deconversion sale of 4072 N. Sheridan Road, a four-story, 16-unit multifamily building in Chicago's Buena Park neighborhood. Chicago-based Bertsch Properties…

Industrial leasing sees 20 percent upswell

One would think that Chicago's industrial market was already racing ahead at top speed. But last quarter, the sector found another gear as 8.67 million…

Nooshin Felsenthal joining Tishman Speyer’s Chicago office

Nooshin Felsenthal, a managing director in JLL’s Chicago office, is reportedly leaving to join New York-based developer Tishman Speyer. She will manage acquisitions and development…

Vermilion breaks ground on 55-unit Alcove Wicker Park

Chicago-based Vermilion Development has started construction on Alcove Wicker Park, a new development of 43 condominiums and 12 townhomes located between Division Street and Milwaukee…

Doing WELL at 500 feet

In June 2019, 151 North Franklin became the nation's first WELL-certified Core & Shell v1 Gold high-rise. Unlike LEED which focuses on reducing a building's…

The suite smell of parking success

Parking is an invaluable asset for developers and building owners. Well-designed and implemented parking resources increase any property's value, while poorly conceived parking can undermine…

Brown Commercial Group helps dry foods distributor double its space in Wood Dale

Brown Commercial Group represented All American Nut and Candy Corp. in its lease of 24,923 square feet at 255 Beinoris Drive in Wood Dale, Illinois.…

Relocating to Chicago? These are where the rents are highest.

Compared to major cities on the coasts, Chicago remains an affordable option. But all things are relative so Chicago residents—or those looking to relocate here—will…