Chicago
T5 Begins Next Phase of Chicago Facility
The data center owner and operator will add two megawatts to T5@Chicago. The site is primed for a future 170,000-square-foot, 16mW expansion.
Peapod Relocates HQ to Downtown Chicago
The company will be moving all its employees from its suburban headquarters in Skokie, Ill., and the Civic Opera Building to a new 53,000-square-foot office in downtown Chicago.
Apple Opens New Flagship Store in Chicago
The strategic riverfront location will help connect the shop with the Chicago River and North Michigan Avenue’s Magnificent Mile. The main idea of the design was to minimize the boundary between the city and the river.
Redfin Expands Chicago Footprint
SVN arranged a new lease on behalf of the real estate company. The new office is located at the top floor of a building in Chicago’s West Loop.
Transwestern Reps Seller of 277 KSF IN Retail Center
Berengaria Development has acquired the 277,059-square-foot shopping center with 96 percent occupancy rate. Tenants include Dick’s Sporting Goods, Five Below and Home Goods.
MCR Adds Chicago-Area Hilton to Portfolio
The acquisition of the 120-key property closed at $12.8 million. The hotel opened in 2012 and is located in Mount Prospect, Ill.
Integra Realty, Appraisal Research Counselors Team Up
The company will open a new office in Chicago, which will be operated by ARC employees. This will mark Integra’s sixth business expansion within the past year.
300 KSF Chicago Arena to Open at McCormick Square
Prairie District 3 Partners developed Wintrust Arena, which will serve as the new home to DePaul University’s basketball teams. The multi-purpose venue will also host concerts and special events.
Westport Properties Hires New Vice President
Ben Hall joined the company from Heitman Capital Management. He will be in charge of growing Westport’s self-storage portfolio on the East Coast.
HSA Inks Lease With Eagle Foods for IL Warehouse
The tenant signed a 98,251-square-foot long-term lease at Delany Commerce Center in Waukegan, Ill., planning to move in in December, after built-to-suit improvements are finalized.