GlobeSt.com – Chicago

• Realterm Logistics Pays $14.8M for Fulton Market West Industrial Site February 20, 2020
  Commercial brokerage firm ACO Commercial, which brokered the sale on behalf of a private investor group, reports that the 2.8-acre parcel that traded takes up almost an entire city block (bounded by Lake, Hoyne, Damen and Walnut) and is fully leased to Standard Equipment Co.       
• WeWork, CA Ventures to Anchor River North Office Building February 19, 2020
  Anchoring the property will be WeWork and locally-based CA Ventures, which combined will occupy in excess of 120,000 square feet at the more than 172,000-square-foot, 12-story building.       
• Big Box Demand Fuels New Space Absorption Record in Chicago February 18, 2020
  The Chicago region's big box vacancy rate fell 54 basis points to 8.53%, the lowest level since the second quarter of 2017.       
• Largest Condo Deconversion in Illinois Goes to NY Investment Firm February 14, 2020
  CLK, LLC acquired the complex for $94 million, according to Cagan's Realty, Inc., an affiliate of Cagan Property Management Inc. of Skokie, IL, which represented CLK in the transaction.