Chicago
Cambria Hotels Continues Texas Expansion With New Hotel in Austin
Franchised by Choice Hotels International, Inc., the Cambria brand continues to expand in Texas with the new opening of the… Read more
Damla Gerhart Promoted to Chicago Office Chief at Avison Young
Toronto-based commercial real estate services concern Avison Young has appointed Damla Gerhart as Principal and Managing Director of the firm’s Chicago… Read more
Chicago Pols, Business Leaders Want 2024 Democratic National Convention
Chicago politicians and business leaders on Thursday said the city was prepared to host the Democratic National Convention in 2024… Read more
Grocery Delivery Service Shuts Down in Chapter 11 Filing
Six months after launching in New York City and Chicago, Buyk, a real-time retail grocery delivery service, is winding down… Read more
Logistics Property Building Logistics Facility in West Suburban Chicago
Industrial developer Logistics Property Company, LPC, has acquired a 17.6-acre site in Aurora, IL that is one of the last… Read more
Thompson Center Purchase and Sale Agreement is Finalized
The sale of the James R. Thompson Center at 100 W. Randolph St. has reached another major milestone as the… Read more
Chicago’s Illinois Masonic Hospital Unveils $645M Expansion Plan
Advocate Illinois Masonic Medical Center, a hospital on Chicago’s North Side, is planning major expansions to its campus that are… Read more
California Cybersecurity Company Buys Chicago West Loop Office Building
A California cybersecurity concern has paid $20.8 million for the Downtown Chicago office building where it has its Chicago operations,… Read more
Howard Hughes Sale of 110 N. Wacker Stake Values Tower at $1B
The Howard Hughes Corporation (HHC) said Wednesday afternoon it had sold its equity interest in 110 N. Wacker Dr., a… Read more
Office Space Demand Now at Half of Pre-COVID Levels
Demand for office space closed out the second year of the COVID-19 pandemic down 47.1% from February 2020, the last… Read more
Bridge Industrial Names Nick Siegal as Acquisitions Chief
Industrial properties specialist Bridge Industrial says it has promoted Nick Siegel to partner, acquisitions. In his new role, he will… Read more
Deadline Reminder: Nominations for Connect Media Next Generation Awards Due April 8, 2022
Time is running out to nominate commercial real estate professionals under age 35 for a 2022 Connect Media Next Generation… Read more
Longtime Restaurant Mainstay on Jewelers Row Hits the Market
Chef Jimmy Bannos has run his popular Creole-style Heaven on Seven restaurant from the seventh floor of Chicago’s historic Garland… Read more
Sterling Bay Secures Financing on First Fulton Market Resi Project
Sterling Bay has closed on $81.8 million in financing to begin construction of 160 N Morgan, a new multifamily tower… Read more
Law Firm Remains in Loop with Move to New Location
Savills arranged a multiyear lease for new client Bryce Downey & Lenkov LLC. After nearly 20 years in its current… Read more
Thor Equities Plans Industrial Development in New Jersey
Global developer Thor Equities Group has acquired a property in the fast-growing Northern New Jersey submarket, the developer’s second acquisition… Read more
First Citizen Bank’s CIT Division in $30M Industrial Loan
CIT, a division of First Citizens Bank, said its real estate finance business has provided a $29.9 million loan for… Read more
Sterling Organization Buys Chicago Grocery Store Anchored Plaza
Private equity real estate concern Sterling Organization has acquired North Mayfair Commons, a 87,274-square-foot grocery-anchored shopping center located in the… Read more
Mag Mile Capital in $5M Gold Coast Multifamily Rental Financing
Commercial real estate finance concern Mag Mile Capital has completed the financing for a luxury multifamily building in Chicago’s tony… Read more