15 stories on chicago in commercial real estate.
Cullinan Properties' 310-acre Rock Run Collection in Joliet gained direct I-80/I-55 access via a new interchange in August 2024, anchored by Hollywood Casino and Dick's House of Sport.
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.
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.
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.
MetLife Investment Management sold Overlook at Oakbrook, a 52,876-sq-ft unanchored retail strip center in Oak Brook, IL, for $44 million.
Berkadia brokers the sale of a 296-unit vintage apartment building at 3121 N. Sheridan Road in Chicago's Lakeview neighborhood to a local investor group.