Chicago
Skender Opens Chicago Health-Care Center
The new Esperanza Health Center in Brighton Park is a 26,000-square-foot building featuring innovative design and color-shifting metal panels on the façade.
PREMIER Design Breaks Ground on IL Facility for Sterling Bay
The company will work with Cornerstone Architects and Spaceco to develop the 153,000-square-foot industrial facility, which will provide extensive frontage on Interstate 55.
RDG Funds Receives Financing for Historical Chicago Asset
CBRE’s capital markets debts and structured finance team arranged the $8.3 million loan. The 1865-built asset is located in the West Loop neighborhood.
Chicago-Area Recreation Center Becomes Passive House Leader
Wight & Co. recently completed the Prairie Activity and Recreation Center in Plainfield, Ill., the first building of its kind constructed for PHIUS+ Source Zero certification.
JLL to Anchor Chicago-Area Office Building
The company will anchor one of the three buildings at the Oakmont Point office campus, consolidating its operations in Westmont and Lombard.
Coworking Opportunities: Spotlight on Chicago
Industrious Real Estate Manager Bryant Au points out how growing demand for coworking space might affect prominent commercial buildings and weighs in on the implications of non-compete clauses.
Chicago Industrial Still Thriving Amid New Deliveries
The first quarter yielded a 20 basis-point drop in the vacancy rate and 1.6 million square feet of positive absorption amid a bevy of new deliveries, per Avison Young’s new report.
IL Dual-Tenant Retail Asset Changes Hands
President Chad Firsel from Quantum Real Estate Advisors represented both parties in the $2.7 million transaction. The property last traded almost a decade ago.
Premier Design + Build Makes Key Promotion, Hires SVP
The company promoted Mark Melone to executive vice president & director of construction nationwide and Michael Long to senior vice president heading the Midwest division.
Dermody Properties Announces Top-Level Promotion
Former Chief Acquisition Officer Tim Walsh was promoted to chief investment officer, a position from which he will oversee the company’s origination activities.