Chicago
NYC Continues to Top List of U.S. Cities with Highest Taxes
The latest ranking of U.S. office assets with the highest property taxes shows that, as expected, New York City dominates… Read more
Michelle MacKay to Succeed John Forrester as Cushman & Wakefield CEO
Thirty-five-year Cushman & Wakefield veteran John Forrester will retire as CEO and member of the board of directors effective June… Read more
Transwestern Guides Nonprofit to New Loop Headquarters
Transwestern Real Estate Services (TRS) said Heartland Alliance had signed a 20,941-square-foot lease at 55 East Monroe, a 1.3 million-square-foot… Read more
Thornton Tomasetti Relocates Chicago Offices to Fulton Market
Global scientific and engineering consulting firm Thornton Tomasetti has signed a new lease for 18,943 square feet on the seventh floor at 600 West Fulton, a… Read more
Workforce Support and Training Center Breaks Ground on Chicago’s West Side
The Westside Health Authority (WHA) and Austin Coming Together (ACT), joined by city officials and representatives from BMO and ITW,… Read more
Net-Leased Waukegan Offices Sell to Investment Partnership
CBRE arranged the sale of a 116,500-square-foot office building located at 2100 Norman Dr. in Waukegan, IL. The property is… Read more
Origin Investments Closes Second QOZ Fund at $300M-Plus
Origin Investments, a leading real estate fund manager headquartered in Chicago, has reached the final close of Origin Qualified Opportunity… Read more
Willis Tower Reaches 50th Anniversary After $500M Redevelopment
EQ Office, Blackstone’s U.S. office portfolio company, announced plans to celebrate Willis Tower’s golden anniversary and iconic status in Chicago’s… Read more
SVN Chicago Closes Sale on Andersonville Commercial Corridor
Wayne Caplan of SVN Chicago Commercial helped secure the building sale at 5255-59 N Clark St. in Chicago’s Andersonville neighborhood.… Read more
Net-Leased US Bank Branch in Chinatown Sells to Local Investor
SRS Real Estate Partners’ National Net Lease Group has completed the $2.8-million sale of a single-tenant retail property occupied by… Read more
Special Servicer Puts Joliet Mall Up for Sale
After the loss of two department stores, the pandemic and an $85-million debt default, the Louis Joliet Mall has hit… Read more
Guggenheim Partners Poised to Quit Chicago, NYC for Miami
Following the lead of Citadel, another pillar of Chicago’s financial community is headed toward the exits, Crain’s Chicago Business reported.… Read more
Lincoln Park’s First Co-Living Property Nears Completion
Chicago-based Structured Development has opened a model unit at Post Chicago, a 10-story, 431-bed co-living community. Reportedly it’s the first of its… Read more
Essex Realty Lists 34-Unit Courtyard Building in Chatham
Essex Realty Group has been engaged to market the sale of 7908 S. Ingleside Avenue, a 34-unit courtyard building along… Read more
Stream Realty Entitles Its First Chicagoland Industrial Site
Stream Realty Partners has fully entitled its first industrial site in Chicagoland and will partner with Cushman & Wakefield to… Read more
CVS Completes $10.6B Acquisition of Oak Street Health
CVS Health said Tuesday it had completed its $10.6-billion acquisition of Chicago-based Oak Street Health. The all-cash deal was announced… Read more
Monarch Alternative Capital Expands Hospitality Portfolio Through Loan Purchases
Monarch Alternative Capital has added two properties to its hospitality portfolio through the purchase of non-performing mortgage loans on the… Read more
Loop Apartments Trade at 20% Markdown on Development Costs
Oregon-based Green Cities has acquired Lake & Wells, a 329-unit rental apartment building at 210 N. Wells St. in Chicago’s Loop, from… Read more
Real Estate AI Firm Names Marc Rutzen as CEO
HelloData.ai, a real estate artificial intelligence company that develops algorithms to extract structured data from real estate images and documents,… Read more