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Illinois

IllinoisMultifamily

Interra Realty closes pair of apartment transactions in south suburbs of Chicago

Interra Realty facilitated two multifamily transactions in the south suburbs of Chicago. A three-building, 41-unit portfolio in Dolton comprising 14251, 14261 and 14315 Pennsylvania Ave.…
March 21, 2025
IllinoisHospitality

Chicago’s Fairmont Chicago, Millennium Park names women to four key management roles

The Fairmont Chicago, Millennium Park appointed four women to key management positions. This milestone reinforces the hotel’s commitment to fostering an inclusive workplace while driving…
March 21, 2025
IllinoisCRE

Chicago’s W.E. O’Neil Construction makes key leadership changes

Chicago-based W.E. O’Neil Construction has announced significant changes to its leadership team at the 100% employee-owned company.  Brian Ramsay is transitioning from CEO to chairman of the board…
March 21, 2025
IllinoisMultifamily

Essex Realty Group closes sale of 124-unit apartment building in Chicago’s Hyde Park neighborhood

Essex Realty Group brokered the sale of 5550 S. Dorchester Ave., a 124-unit, 15-story apartment building in Chicago's Hyde Park neighborhood. The property, built in…
March 19, 2025
IllinoisMultifamily

Peak Properties takes over management duties for multifamily development on Chicago’s South Side

Peak Properties is taking on the management assignment for a multifamily development at 7800-10 S. Colfax in Chicago’s South Side. This 36-unit property offers residents…
March 19, 2025
IllinoisOffice

Avison Young brokers 41,929-square-foot office lease in downtown Chicago

Global commercial real estate advisor Avison Young arranged a full-floor, 41,929-square-foot office lease on behalf of NinjaTrader Group, LLC at 222 N. LaSalle St. in…
March 18, 2025
IllinoisRetail

Marcus & Millichap brokers sale of 11-suite retail property in Tinley Park

Marcus & Millichap negotiated the sale of 7301 183rd St., an 11-suite retail strip property in Tinley Park, Illinois. The property sold for $5.85 million.…
March 18, 2025
IllinoisIndustrial

Dermody acquires 40-acre site in Romeoville, will become home to 460,428-square-foot logistics facility

Dermody acquired 251 S. Pinnacle Drive in Romeoville, Illinois, in the I-55 south industrial submarket of Chicago. The 40-acre site will become LogistiCenter® at Romeoville, a…
March 18, 2025

A view from the top: 2025 market leaders forecast

Chicago’s industrial real estate market stands at a fascinating crossroads in 2025, defined by a paradox that presents both challenges and opportunities for developers and…
Brandi Smith March 18, 2025
IllinoisIndustrial

Brown Commercial Group brokers sale of 22,050-square-foot distribution building in Des Plaines

Brown Commercial Group negotiated the sale of a 22,050-square-foot food distribution building in Chicago’s O’Hare industrial market. Vice President Mason Hezner and Broker Candace Scurto…
March 17, 2025
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