Chicago
Service Properties Trust Sells 65-Property Sonesta Hotel Portfolio for $514M
Newton, MA-based Service Properties Trust has sold a 65-property, 7,865-key hotel portfolio located across 27 states for a total consideration… Read more
KBS’ Accenture Tower Undergoing Curtain Wall Restoration
Western Specialty Contractors – Chicago Facades Branch and KBS are completing the restoration of a curtain wall at Accenture Tower, an award-winning, 1.46-million-square-foot… Read more
Fulton River Apartments Trade for $11M to Private Buyer
Interra Realty, a Chicago-based commercial real estate investment services firm, brokered the sale of a 36-unit transit-oriented multifamily property located… Read more
Doyenne Healthcare, Rockwood Capital JV on Seniors Housing Acquisitions
Rockwood Capital and Doyenne Healthcare Capital (DHC), a women- and minority-owned real estate investment firm based in Chicago, have formed… Read more
Newcastle Limited Names SVP of Multifamily Operations
Delight Merrill has joined Chicago-based Newcastle Limited as SVP of Multifamily Operations. In her new role, Merrill will be responsible… Read more
Advocate Health Care Plans Outpatient Center in Lincoln Park
Advocate Health Care, the Chicago area’s largest health system, plans to open a new outpatient center in Lincoln Park, reported… Read more
Essex Realty Closes Sale of Humboldt Park Six-Flat
Chicago-based multifamily brokerage firm Essex Realty Group recently facilitated the sale of 1358 N. Artesian Ave., a multifamily property in… Read more
Pritzker Traubert’s Chicago Prize Goes to West Side Mixed-Use
The Pritzker Traubert Foundation has named Sankofa Wellness Village in West Garfield Park as the recipient of its second Chicago… Read more
SIOR Chicago Presents Richard G. Levy Presidents Award to George Cibula
The Chicago Chapter of the Society of Industrial & Office Realtors (SIOR) presented the Richard G. Levy Presidents Award to… Read more
Chicago Travel Plaza Opens at O’Hare Airport
The Chicago Department of Aviation (CDA) was joined Friday by representatives from Petroleum Marketing Group (PMG) and other dignitaries to… Read more
Historic Harper Theater to Reopen Under New Management
The historic Harper Theater in Hyde Park on Chicago’s South Side is set to reopen this spring under new management… Read more
Chicago Industrial Shows Signs of Slowing Down
The Chicago industrial market, which has run white-hot since the start of the pandemic nearly three years ago, exhibited signs… Read more
Madison Square Garden Files for Spin-off of Live Entertainment Business
Madison Square Garden Entertainment Corp. (MSGE) said Friday that it’s moving forward with the spin-off of its traditional live entertainment… Read more
Shopping Center Vacancy Reaches Historic Lows
Retail shopping center real estate markets remained strong in the fourth quarter of 2022, as resilient demand drove shopping center… Read more
Buildout Acquires Visual Media Solutions Provider
Chicago-based Buildout, the developer of a commercial real estate (CRE) platform used by one-third of brokers to find, win, market… Read more
Two-Building North Side Portfolio Goes for $13M
Chicago-based multifamily brokerage firm Essex Realty Group Inc. recently facilitated the sale of a two-building portfolio consisting of 4600 N.… Read more
Streeterville Apartment Tower Breaks Ground in “Symbol of Chicago’s Recovery”
City officials joined developers Wednesday at the groundbreaking for The Saint Grand, Streeterville’s newest mixed-use development. The project is a… Read more
Nominate Commercial Real Estate’s Top Leasing and Sales Brokers
In 2022, a year which added macroeconomic challenges to the mix, commercial real estate’s dealmakers got it done. Do you know… Read more
CBRE Closes West Loop Office Sale for Boys Scouts of America
CBRE has arranged the sale of a 20,000-square-foot office building on 17,500 square feet of land in Chicago’s West Loop… Read more