Chicago
ComEd Plans Electrical Substation at Former Home of CME Trading Floor
Commonwealth Edison has paid $39.5 million for the 288,000-square-foot 333 S. LaSalle St., which formerly housed CME Group’s historic trading floor, Crain’s Chicago Business reported. ComEd… Read more
Interra Arranges Deal for Lakeview Mixed-Use with Value-Add Potential
Interra Realty brokered the $10-million sale of 1650 W. Roscoe St., a circa-1930 mixed-use building with 54 apartments and four street-level retail spaces… Read more
Downtown Chicago Office Rallies in Q4 Yet Remains “Bruised”
The downtown Chicago office market exhibited incremental improvement in the fourth quarter, as leasing activity totaled 2.7 million square feet, the highest tally in seven quarters,… Read more
J.C. Anderson Wraps Buildout at 303 W. Madison
J.C. Anderson completed an amenity floor buildout at 303 W. Madison St. The 26-story, 310,880-square-foot, Class A office building is the 2004,… Read more
Old Post Office Scores Massive Refi After Leasing Success
A venture led by 601W Cos. has taken out an $830-million mortgage from JPMorgan Chase on the Old Post Office at 433 W. Van… Read more
Marcus & Millichap Closes Sale of Indiana Storage Portfolio
Marcus & Millichap arranged the sale of A-Z Self Storage, a four-property self-storage portfolio located in La Porte and Plymouth, IN. Terms of the sale weren’t disclosed. SVP Sean… Read more
Lightfoot Sees Downtown Office Workers Returning by February
Mayor Lori Lightfoot said Monday she expects the Omicron variant to peak in Chicago by mid-January and downtown Chicago office workers to… Read more
Lone Star State Earns Bragging Rights as Leading Growth State of 2021
Migration to southern states continues to be magnified by the lingering pandemic, and no state netted more U-Haul customers during… Read more
Buchanan Bulks Up with Off-Market Self-Storage Facility
Newport Beach-based Buchanan Street Partners acquired a three-story climate-controlled self-storage facility located at 1340 North Melrose Dr. in Vista in… Read more
Drive Shack Bringing Puttery Concept to Fulton Market
Drive Shack Inc., a leading owner and operator of golf-related leisure and entertainment businesses, will bring Puttery, its newest competitive socializing and entertainment… Read more
Becovic Adds Howard Theater Building to Apartment Portfolio
Becovic has added The Howard Theater Building to its Rogers Park portfolio. The mixed-use property at 1615-43 W. Howard St. sold for… Read more
Oak Hill Venture Set for Ownership Stake in 110 N. Wacker
A venture led by Oak Hill Advisors has agreed to acquire a controlling interest in 110 N. Wacker Dr. from Howard Hughes… Read more
Spaulding Ridge Quadruples Space in Central Loop Move
Colliers Chicago EVP Jeff Mulder has arranged a 25,779-square-foot lease on behalf of Spaulding Ridge at 203 N. LaSalle St. in downtown Chicago’s Central… Read more
Onni Group Nears Deal for Ace Hotel in Fulton Market
Vancouver, B.C.-based Onni Group is finalizing a deal to buy the Ace Hotel in the Fulton Market District for more than $63 million, Crain’s Chicago Business reported, citing sources familiar… Read more
Section 8 Housing Trades in East Garfield Park
Marcus & Millichap closed the sale of 3100 W. Lexington St., a seven-unit apartment property on Chicago’s West Side. The asset… Read more
Waterton Adds Two Lakeshore East Towers to Chicagoland Portfolio
Waterton has acquired The Shoreham at Lakeshore East at 400 E. South Water St. and The Tides at Lakeshore East at… Read more
Ares Management Scoops Up Five-Market 1.5M-SF Portfolio
Molto Industrial Properties recently disposed of a 1.5 million-square-foot industrial portfolio located across five markets. A fund managed by a… Read more
Atlanta’s ShareMD Buys Three Healthcare Facilities for $46M
Alpharetta, GA-based ShareMD, a healthcare real estate and physician practice solution company, has closed escrow on three healthcare facilities for… Read more
Greenstone Closes Deal for Retail/Office in River North
Greenstone Partners completed the sale of 162 W. Hubbard St., an 18,840-square-foot, five-story retail/office property on the northeast corner of… Read more