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10/08/2018
Cushman & Wakefield Promotes Friedland to Executive Director of Industrial Group
Cushman & Wakefield has promoted David Friedland to the role of executive director and industrial group leader in Chicago. With the promotion, Friedland will collaborate with the firm's industrial brokerage team to cultivate tenant and investor client...

10/07/2018
Dayton Street Partners Completes Largest Purchase to Date, Adds Single-Tenant Industrial Facility in Chicagoland to Holdings
Dayton Street Partners, a real estate investment firm focused on the purchase and development of infill commercial properties in the Chicagoland area, completed its largest single property acquisition to date with the purchase of a 171,624-square-foot...

10/05/2018
Peppercorn Seeks to Develop Latest US Craft Beer Incubator in Chicago
Popular Chicago microbrewery Goose Island was founded in 1988 by Chicagoan John Hall and has been a Peppercorn Capital client since Phil Denny started the business in 2000; Photo courtesy of Julie Corsi via Flickr. Peppercorn Capital, a Chicago-based...

10/05/2018
PPM Hires Blackstone Exec to Help Expand
PPM America, a Chicago-based investment management firm, has tapped an executive from a leading asset management firm to help attract institutional investor clients. PPM hired Mark Kramer as a managing director. Kramer joins PPM from BlackRock, the...

10/04/2018
Exclusive: Chicago's Suburban Office Market May Get Boost From Added Commuter Rail Stops
Chicago-area commuter rail line Metra is expected to decide next week on a pilot program that could lead to improvements in the reverse commute for downtown residents who work in the suburbs. Credit: Metra. The Chicago area's commuter rail system,...

10/04/2018
D'Alessandro Rejoins CBRE as Executive Vice President of Valuation and Advisory Services
Michel D'Alessandro has returned to CBRE to serve as executive vice president of the firm's valuation and advisory services platform in Chicago. The industry veteran brings more than 25 years of experience in multifamily real estate valuation and advisory...

10/03/2018
Prologis Sells Warehouse Properties in U.S., Europe for $1.1 Billion
Prologis is selling non-core warehouses. Image courtesy of Prologis Inc. Prologis Inc., the world's largest owner and developer of warehouses, said it sold a $1.1 billion portfolio of domestic and international properties as it makes good on its plan...

10/02/2018
Bridge Investment Bets on Revamping Art Deco Office Building in Downtown Chicago
Bridge Investment Group purchased One North LaSalle in downtown Chicago for $113 million. Bridge Investment Group’s Atlanta-based office division closed on its $113 million purchase of the historic landmarked One North LaSalle building, beefing up...

09/28/2018
Amazon Invests in Prefab Housing Builder
Amazon's Alexa Fund invested $6.7 million in Plant Prefab, a company that builds prefabricated multifamily buildings and homes like this one in Santa Monica, California. Credit: Plant Prefab. Amazon’s Alexa Fund is taking its first investment step...

09/28/2018
More Non-Traded Real Estate Investment Trusts Vanish Amid Fundraising Challenges
The Retreat at Market Square in Frederick, Maryland, is one of three multifamily communities Inland Residential Properties Trust plans to sell as it winds down business. More remnants from the peak public fundraising era for non-traded real estate...

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