REBusiness Online Flaherty & Collins Properties has completed the 219-unit first phase of the Blutowne apartment development in Peoria, Ill The Indianapolis developer broke ground on the project, at 501 West Washington St, in late 2023 Its...
Crain’s Chicago Business Realty Income has paid $1765 million, or $26032/sf, for two industrial properties totaling 678,000 square feet at 3101 Protection Parkway and 2501 Sanders Road in Glenview, Ill The San Diego REIT acquired the buildings...
Crain’s Chicago Business DRA Advisors has paid $95 million, or $279,411/unit, for Enclave at 127th, a 340-unit apartment property in Plainfield, Ill The New York investment firm acquired the property, at 23760 West 127th St, from JVM Realty,...
Crain’s Chicago Business Lendlease is offering for sale Cooper at Southbank, a 452-unit apartment property in Chicago’s South Loop neighborhood The Australian developer hired CBRE to market the 29-story property at 720 South Wells St...
Crain’s Chicago Business Basis Technologies has listed 70,017 square feet of office space for sublease at Sullivan Center, a 943,944-sf office property in Chicago The digital advertising software company’s lease runs through October 2030...
Crain’s Chicago Business Local developer Mike Reschke is said to be paying about $25 million for the 815,074-square-foot office property at 55 West Monroe St in Chicago’s Central Loop neighborhood The price would represent roughly a 90%...
Crain’s Chicago Business Anemone Real Estate has paid $23 million, or $323,943/unit, for the 71-unit 20West apartments in Mount Prospect, Ill, a northern suburb of Chicago The Wheeling, Ill, investor acquired the six-story property, at 20 West...
Crain’s Chicago Business Vinayaka Hospitality has paid $432 million, or $128,955/room, for the 335-room Blackstone Hotel in downtown Chicago The Schaumburg, Ill, hotel manager acquired the property, at 636 South Michigan Ave, from a venture of...
Crain’s Chicago Business Tishman Speyer is offering for sale Union West, a 357-unit apartment property in Chicago The New York investment manager hired CBRE to market the property, which it bought in 2023 for $128 million At the time of...
Commercial Property Executive AKIRA has agreed to extend its 202,105-square-foot lease at Crossroads Parkway, a 352,338-sf industrial property in Bolingbrook, Ill, a southwestern suburb of Chicago The fashion retailer, which has occupied space at...
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