Chicago
Lakeshore East Apartments Come to Market as Renters Return Downtown
PNC Realty Investors has hired the Chicago office of CBRE to sell the Shoreham, a 548-unit apartment tower in downtown… Read more
CIM, Golub Unveil New Tenant Lounge at 444 N. Michigan
CIM Group and Golub & Company announced the opening of The Front Room, a 5,000-square-foot tenant lounge on the third floor of 444 N.… Read more
RFP Seeks Concessionaires for O’Hare Modernization
The Chicago Department of Aviation (CDA) has released a Request for Proposal (RFP) inviting qualified operators to submit proposals to… Read more
Obama Foundation Launches Investment Campaign to Help Build Presidential Center
The Obama Foundation recently announced a $400-million Chicago Campaign to help bring the Obama Presidential Center (OPC) to the South… Read more
Logistics Firm Breaks Ground on Elgin Headquarters
GoldCoast Logistics Group (GCLG), represented by broker NAI Hiffman, joined with the Elgin Development Group, Elgin Chamber of Commerce, Elgin City Council and GCLG… Read more
Reimagined Skydeck Debuts at Willis Tower
Willis Tower’s Skydeck reopened Friday following extensive renovations, including the addition of an interactive museum. It’s one of several Chicago… Read more
Q1 Office Leasing Volume Up from Prior Quarter, Down Sharply from a Year Ago
First-quarter office leasing activity in downtown Chicago increased 63.9% from Q4 2020 but remained down by 73.5% from a year… Read more
Fully-Leased Mixed-Use Changes Hands in Fulton Market
Greenstone Partners closed the sale of a 100% leased mixed‐ use property at 937‐939 W. Randolph St. along Restaurant Row… Read more
Chicago DPD Issues RFPs for Humboldt Park, South Shore Projects
Three new Requests for Proposals (RFPs) issued by the Chicago Department of Planning and Development (DPD) are targeting a pair… Read more
Multifamily’s Recovery from Pandemic Shows Bifurcation by Market
Multifamily performance has rebounded quickly from the pandemic slowdown, but there are exceptions in urban gateway metro submarkets. A study… Read more
Deurbanization Means Two Different Things in Charlotte and San Francisco
On the question of office workers returning to the office as the economy reopens, Green Street’s view is that about… Read more
Lightfoot Administration Issues RFP for Chicago’s First Casino
The City of Chicago on Thursday issued a Request for Proposals (RFP) to identify an operator to develop and run… Read more
Lendlease, Magellan Launch Pre-Leasing at Lakeshore East Tower
Lendlease and co-developer Magellan Development Group launched pre-leasing at Cascade, a 37-story, 503-unit luxury apartment tower at 455 E. Waterside Dr. in… Read more
Sterling Bay Finalizes Remediation at Lincoln Yards
Sterling Bay said Thursday it had remediated more than 54 million pounds of polluted soil at Lincoln Yards, the 53-acre… Read more
Cinespace Plans 19 New Soundstages on West Side
Currently maxed out on capacity, the owner of Chicago’s booming Cinespace Chicago Film Studio hopes to increase the number of… Read more
City Council Enacts Lightfoot’s Revisions to Affordable Ordinance
Chicago’s City Council on Wednesday approved the revised Affordable Requirements Ordinance (ARO) recently introduced by Mayor Lori Lightfoot. The revised… Read more
Greenstone Lists Historic Germania Club in Gold Coast
Greenstone Partners is marketing the historic Germania Club in the Gold Coast neighborhood of Chicago. Danny Spitz and Jason St.… Read more
Kiser Group Arranges $32M Deconversion Sale
Kiser Group advised on the $32.3 million sale of The Barry Quad, a three-building, 115-unit condominium deconversion in the North… Read more
Circa-1891 Apartments Trade in Bronzeville
Interra Realty brokered the $1.5-million sale of 4520 S. Vincennes Ave., an 18-unit apartment community in the South Side’s Bronzeville neighborhood. The price… Read more