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Tech Firms Increasingly Look To The West Loop For Engineering Talent
News 2 months ago
Tech Firms Increasingly Look To The West Loop For Engineering Talent

Verifone is on the hunt for engineering talent, and like an increasing number of firms, believes downtown Chicago is the place to find it. The...

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This Week's Chicago Deal Sheet
News 2 months ago
This Week's Chicago Deal Sheet

The Chicago City Council approved a Class 6(B) property tax incentive program that Ryan Cos. and Chicago Neighborhood Initiatives will use to help...

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POAH Spreads Its Wings Again
News 2 months ago
POAH Spreads Its Wings Again

Preservation of Affordable Housing extended its reach across the Chicago region by acquiring four affordable properties from Burnham Cos. in...

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Chicago CRE Optimism Wanes Dramatically But Fundamentals Still Strong
News 2 months ago
Chicago CRE Optimism Wanes Dramatically But Fundamentals Still Strong

After one of the longest economic recoveries in U. S. history, a series of events, including unsettling developments on the international scene and...

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What Happened To Chicago's Big Industrial Deals?
News 2 months ago
What Happened To Chicago's Big Industrial Deals?

The overall statistics on the Chicago region's industrial market remain impressive, with historically low vacancy rates, rising rents and a robust...

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Chicago Has Fewer Burdens To New Construction Than Other U.S. Metros
News 2 months ago
Chicago Has Fewer Burdens To New Construction Than Other U.S. Metros

Builders and other stakeholders in Chicago often complain about the difficulties of constructing new housing here. Whether it is the rising cost of...

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This Industrial Park Could Address New Era's Labor Shortages
News 2 months ago
This Industrial Park Could Address New Era's Labor Shortages

Elion Partners has begun creating what could not only become the largest rail-served industrial mixed-use logistics park in the Midwest, but one...

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This Week's Chicago Deal Sheet
News 2 months ago
This Week's Chicago Deal Sheet

Chicago-based Aries Capital affiliate Urban Development Fund was awarded an allocation totaling $50M under the U. S. Department of the Treasury's...

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New Co-Living Operator Coming To Chicago
News 2 months ago
New Co-Living Operator Coming To Chicago

Co-living has begun spreading across many U. S cities, and Chicago is getting its share. Co-living provider The Collective plans a 170K SF purpose...

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Industrial Developers Need To Be More Nimble Than Ever
News 2 months ago
Industrial Developers Need To Be More Nimble Than Ever

Designing distribution spaces was once relatively easy, but the nation's acute labor shortage, along with the uncertainty introduced by growing...

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North Harbor Tower Gets $171M In Financing
News 2 months ago
North Harbor Tower Gets $171M In Financing

Local investor Waterton secured $171.2M in financing for its North Harbor Tower, a 600-unit, high-rise apartment building in Chicago's Lakeshore...

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Industrial Gems Scattered Throughout Midwest
News 2 months ago
Industrial Gems Scattered Throughout Midwest

Chicago has a well-earned reputation as one of the nation's healthiest industrial markets, but investors looking for high returns shouldn't ignore...

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This Week's Chicago Deal Sheet
News 2 months ago
This Week's Chicago Deal Sheet

Chicago-based The Habitat Co. continues to grow its national profile and just acquired three new rental properties outside of Illinois. Its...

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Winds Of Change Could Ease Construction Of Affordable Housing
News 2 months ago
Winds Of Change Could Ease Construction Of Affordable Housing

New political leaders like Illinois Gov. J. B. Pritzker and Mayor Lori Lightfoot have brought winds of change to every level of government, and...

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High-Tech Tools And Greater Efficiencies Could Combat The Rise In Construction Costs
News 2 months ago
High-Tech Tools And Greater Efficiencies Could Combat The Rise In Construction Costs

Few issues currently vex developers more than rising construction costs, but there are ways to fight back against price increases. And even though...

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At Skender's New Modular Building Factory, Apartments Roll Off The Assembly Line Like Cars
News 2 months ago
At Skender's New Modular Building Factory, Apartments Roll Off The Assembly Line Like Cars

In November, the world got its first glimpse of a modular housing prototype from Skender, a Chicago-based construction firm. The module was...

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Top CBD Properties See Strong Leasing In 2019
News 2 months ago
Top CBD Properties See Strong Leasing In 2019

Leasing activity at the Central Business District's newest and largest office properties have this year outpaced the rest of the downtown market,...

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Are Cook County Owners Prepared For Massive Property Tax Increases?
News 2 months ago
Are Cook County Owners Prepared For Massive Property Tax Increases?

When commercial property owners in Cook County receive their next property valuations, they may be in for a shock. Proposals made by Fritz Kaegi,...

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Investment Not Flowing Equally To All Chicago's Neighborhoods
News 2 months ago
Investment Not Flowing Equally To All Chicago's Neighborhoods

Chicago has seen a number of political earthquakes in the past year or so, and much of the change was driven by fears the city was splitting into...

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This Week's Chicago Deal Sheet
News 2 months ago
This Week's Chicago Deal Sheet

The Howard Hughes Corp. and Riverside Investment and Development signed international law firm Perkins Coie to a lease for 100K SF at 110 North...

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Recent Sale Shows Well-Located Suburban Retail Draws National Interest
News 3 months ago
Recent Sale Shows Well-Located Suburban Retail Draws National Interest

This week at the International Council of Shopping Centers' RECon event in Las Vegas, there was a lot of talk about how investors were willing to...

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Multifamily Players Try To Balance Demand With Gentrification Fears
News 3 months ago
Multifamily Players Try To Balance Demand With Gentrification Fears

Demand for multifamily units near Chicago's downtown remains robust, but in Pilsen on the Near Southwest Side, activist groups watch vigilantly for...

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Investors Showing A Lot Of Love For Submarket Around O'Hare Airport
News 3 months ago
Investors Showing A Lot Of Love For Submarket Around O'Hare Airport

Glen Una Management Co. just joined the rush of investors looking to stake a claim in the O'Hare Airport submarket, one of the most active in the...

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ICSC RECon Attendees Feel Cautious Excitement About What Comes Next For Retail
News 3 months ago
ICSC RECon Attendees Feel Cautious Excitement About What Comes Next For Retail

If any of the roughly 30,000 people attending this week's International Council of Shopping Centers' RECon event in Las Vegas needed an...

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This Week's Chicago Deal Sheet
News 3 months ago
This Week's Chicago Deal Sheet

Sterling Bay unveiled plans to create Prysm Life Sciences, a new life science community in Chicago's Lincoln Park neighborhood. Officials from the...

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Lightfoot Takes Bold Step Against Aldermanic Prerogative On First Day As Mayor
News 3 months ago
Lightfoot Takes Bold Step Against Aldermanic Prerogative On First Day As Mayor

In her first official act, newly inaugurated Chicago Mayor Lori Lightfoot signed an executive order yesterday afternoon curtailing the use of...

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Industrial Leasing Picking Up Along I-80
News 3 months ago
Industrial Leasing Picking Up Along I-80

Developers completed 13.1M SF of speculative space in the Interstate 80 Joliet Corridor since 2013, the second most of any submarket in the Chicago...

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Casual Dining May Provide Protection From E-Commerce, But It's Also Hitting Some Headwinds
News 3 months ago
Casual Dining May Provide Protection From E-Commerce, But It's Also Hitting Some Headwinds

Casual dining restaurants became an important part of many real estate investment portfolios in the post-recession era, and although that is likely...

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Gottfried Takes Helm At Urban Innovations
News 3 months ago
Gottfried Takes Helm At Urban Innovations

It is still relatively rare for women to ascend to the top of major real estate companies, but after decades devoted to transforming River North...

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This Week's Chicago Deal Sheet
News 3 months ago
This Week's Chicago Deal Sheet

Premier Design + Build Group broke ground last week on a 153K SF speculative warehouse for Chicago-based developer Sterling Bay. The builder will...

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