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Zurich North America to Acquire Land from Motorola Solutions and Develop New Headquarters in Schaumburg

Zurich North America to Acquire Land from Motorola Solutions and Develop New Headquarters in Schaumburg

Zurich North America recently announced it has signed a letter of intent with Motorola Solutions to acquire land for a new North American headquarters in Schaumburg.…

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The Dump Furniture Store Opens in Lombard; Joint Venture to Develop Evergreen Promenade Shopping Center

The Dump Furniture Store Opens in Lombard; Joint Venture to Develop Evergreen Promenade Shopping Center

One of the largest furniture outlets in the country, The Dump, has recently officially opened its new location in Lombard, Illinois. Featuring a staggering 134,000 square feet, The Dump is now the largest high-end furniture outlet in the Chicago marketplace. The opening of the Lombard outlet confirms the company’s continuous…

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AFL-CIO Housing Investment Trust Provides Funding for $32 Million Rehabilitation of 2101 South Michigan Apartments

AFL-CIO Housing Investment Trust Provides Funding for $32 Million Rehabilitation of 2101 South Michigan Apartments

The AFL-CIO Housing Investment Trust has recently announced that, after working closely with PNC Real Estate and Developers Mortgage Corporation, it has provided $32 million of pension capital funding towards the major rehabilitation of Chicago’s 2101 South Michigan Apartments.…

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Ethika Investments Allocates Capital for Laurus Corporation’s Acquisition of the Renaissance O’Hare Hotel

Ethika Investments Allocates Capital for Laurus Corporation’s Acquisition of the Renaissance O’Hare Hotel

Ethika Investments LLC, has recently announced a capital allocation for the purchase of the Renaissance O’Hare Hotel in Chicago, Illinois, marking the sixth investment from Ethika’s Diversified Opportunity Real Estate Fund. Laurus Corporation, Ehika’s affiliate, a real estate investment and development company specializing in hotel and resorts, office buildings and…

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Joint Venture Acquires 300,000 SF Suburban Chicago Office Park

Joint Venture Acquires 300,000 SF Suburban Chicago Office Park

Transwestern Investment Group recently announced it has acquired two Class A office buildings in the East-West Corridor office market outside Chicago. The properties were acquired by a joint venture between Transwestern Sponsorship Equity Partners and Soundview Real Estate Partners for an undisclosed amount.…

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The Opus Group Announces Electrolux Expands Minooka Operations

The Opus Group Announces Electrolux Expands Minooka Operations

Chicago-based The Opus Group recently announced that Electrolux Home Products Inc. will expand its existing operations in Minooka, Illinois by occupying the remaining vacant space within the Minooka Ridge II facility.…

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Fashion Outlets of Chicago is a Luxury Destination for Locals and O’Hare Travelers

Fashion Outlets of Chicago is a Luxury Destination for Locals and O’Hare Travelers

The grand opening of the first fully-enclosed outlet mall in Chicagoland in over two decades has been announced. Fashion Outlets of Chicago’s grand opening is scheduled for August 1.…

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Public-Private Partnerships Sought to Invest in Gary/Chicago International Airport and Surrounding Areas

Public-Private Partnerships Sought to Invest in Gary/Chicago International Airport and Surrounding Areas

The City of Gary and the board of directors of the Gary/Chicago International Airport Authority recently approved and released a request for proposals for the development and management of the Gary Chicago International Airport and related assets. The proposals to invest in the airport and the surrounding area through a…

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Glenview Park District Opens Glenview Prairie Club – Golf & Paddle Facility to the Public

Glenview Park District Opens Glenview Prairie Club – Golf & Paddle Facility to the Public

The Glenview Park District recently inaugurated the Glenview Prairie Club – Golf & Paddle. The 2,600-square-foot clubhouse facility is now open to the public as an amenity to the state-of-the-art four on-grade paddle tennis courts and the Glenview Park District nine-hole golf course.…

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Centerline Capital Group Refinances Two M-F Properties in Uptown Chicago

Centerline Capital Group Refinances Two M-F Properties in Uptown Chicago

Centerline Capital Group, a subsidiary of Centerline Holding Company, recently announced it has completed a two property cash out portfolio refinance on multifamily properties located in Chicago.…

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Chicago Becomes First Top Tier City to Earn Certification as Sustainable Destination for Meetings and Events

Chicago Becomes First Top Tier City to Earn Certification as Sustainable Destination for Meetings and Events

The City of Chicago has become one of the first cities in the world and the only top-tier convention destination to-date to achieve certification as a sustainable destination for meetings and events. The announcement was made by Mayor Rahm Emanuel and Choose Chicago.…

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Server Farm Realty Unveils New 450,000-Square-Foot State-of-the-Art Data Center in Chicago

Server Farm Realty Unveils New 450,000-Square-Foot State-of-the-Art Data Center in Chicago

Server Farm Realty LLC recently unveiled 840 South Canal, their newest state-of-the-art data center facility in Chicago, at an invitation only ribbon cutting ceremony attended, among others, by Chicago’s Mayor Rahm Emanuel and Peerless Network’s CEO John Barnicle.…

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