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LifeStorage Opens New Facility in Chicago’s West Loop

LifeStorage Opens New Facility in Chicago’s West Loop

LifeStorage has recently announced the opening of its new self storage venue in the rapidly growing, historic Chicago West Loop neighborhood. The Chicago-based self storage provider for residential and commercial clientele, LifeStorage, was founded in 2002 with a single storage facility and has since then grown to 49 storage facilities…

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Reed Construction to Renovate Aon Corp. Headquarters at The Aon Center; Urban Innovations Announces Signing of Five New Leases

Reed Construction to Renovate Aon Corp. Headquarters at The Aon Center; Urban Innovations Announces Signing of Five New Leases

Reed Construction, a full-service general contractor, recently announced it has been chosen to complete a 375,000-square-foot renovation for Aon Corporation at The Aon Center in Chicago.…

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Berkadia Arranges $46.4 Million for Two MF Properties

Berkadia Arranges $46.4 Million for Two MF Properties

The Chicago office of Berkadia Commercial Mortgage LLC has recently announced it has closed a total of $46.4 million through the U.S. Department of Housing and Urban Development’s 223(f) program for two apartment communities.…

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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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