Commercial real estate news and analysis for the Chicago market.
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Chicago retail is rebounding post-pandemic as coffee shops, fast-casual chicken chains, and medical clinics fill vacant storefronts along the city's top corridors.
Greenstone Partners brokered the $3.9M sale of Gross Point Crossing, a 19,000 SF value-add retail center in Skokie, IL, 67% leased at closing.
Nicholas & Associates and Wingspan Development Group have opened the commercial phase of The VUE, a 10-acre mixed-use project in Elk Grove Village, IL.
Habitat and M/I Homes are partnering to redevelop the former Solo Cup site in Highland Park, IL into The Bowery, a 227-unit for-sale townhome community.
A boutique eight-unit multifamily property in Chicago's Lakeview East neighborhood has changed hands, highlighting sustained investor appetite for smaller, well-appointed residential assets in the city's North Side. Essex Three-Twelve brokered the transaction for the property located at 544 W. Wellington Ave.
POAH is investing $40 million to renovate Corcoran Place Apartments, a 94-unit West Side Chicago senior housing property at 325–345 N. Austin Blvd.
JLL arranged $59M in refinancing for a 647,717 SF industrial portfolio owned by Brennan Investment Group and RGA across Chicago and Cincinnati.
LJC completes adaptive reuse of Chicago's century-old Loyal Casket Factory at 148 S. California Ave. as a performing arts hub for nonprofit BandWith Chicago.
Prologis COO Carter Andrus headlined Connect Industrial Midwest 2026 in Rosemont, offering strategic insights on the logistics sector's 2026 outlook.
Greenstone Partners arranged the $19.5M sale of a fully leased, 54,000 SF retail center at 1415-1417 N. Kingsbury St. in Chicago's Clybourn Corridor.
Greenstone Partners brokered the $19.5M sale of a 54,000 SF Clybourn Corridor retail center from Westwood Financial to a venture of Honore Properties and Peerless Development.
Gantry arranged $42.8M in permanent loans for four retail centers across California, Illinois, Oregon, and Wisconsin for Rhino Investments Group.