Chicago
ING Leads $300M Financing for Prized Chicago Tower
ING Capital LLC led a $297.6-million financing package on behalf of Starwood Global Opportunity Fund X that was used to acquire One… Read more
What’s Fueling 2018 Data Center Demand?
Los Angeles-based CBRE’s 2018 U.S. Real Estate Market Outlook show that despite record-setting wholesale absorption levels for three consecutive years, strong… Read more
Related Midwest Proposes Two 50-Story+ Towers in Chicago
Two residential towers envisioned to exceed 50 stories were proposed in Chicago’s West Loop. Related Midwest and Tucker Development are… Read more
Mark Zettl Joins JLL to Lead Office Property Management Group
JLL expanded its senior leadership team with the addition of Mark Zettl as President of Property Management for the Americas.… Read more
CBRE Global Investors Fund Snares Six-Building Chicago Industrial Portfolio
CBRE Global Investors added a 1.4-million-square-foot Chicago-area industrial portfolio to its commercial real estate holdings. The 95%-leased, Class A warehouse… Read more
Financing Talk: Q&A with Northwestern Mutual’s Kevin Westra
Northwestern Mutual Real Estate’s Regional Director – Central Region – Kevin Westra is one of the panelists with the upcoming… Read more
9 Chicago Retail Brokers Join CBRE from Cushman & Wakefield
CBRE Group, Inc. significantly expanded its ranks in Chicago with the addition of a team of nine retail brokerage professionals… Read more
Avison Young Secures 185K SF at S. Florida Office Park
Lease agreements totaling roughly 185,000 square feet have been executed with four companies within the Sawgrass International Corporate Park in… Read more
Brennan Acquires 86-Acre O’Hare Infill Site
Chicago-based Brennan Investment Group acquired 86 acres in Chicago’s O’Hare market, and plans to develop the $1-billion Elk Grove Technology… Read more
Construction Launches on $100M Academic and Residential Complex
American Campus Communities teamed with the University of Illinois at Chicago to begin construction on a 550-bed project dubbed the… Read more
Equity Commonwealth Divests Two Assets Totaling 2.4M-SF for $670M
Equity Commonwealth is under contract to sell two commercial real estate properties totaling 2.4 million square feet for $670 million.… Read more
Chicago’s $800M, 76-story Tower Receives Panel Blessing
JDL Development received unanimous approval from the Chicago Plan Commission for One Chicago Square, a 76-story mixed-use development in Chicago’s… Read more
U.S. Life Sciences Markets Poised for Outsized Growth
The U.S. life-science industry, and by extension the real estate that supports it, is being driven to strong growth by multiple… Read more
McDonald’s Initiates Oak Brook Campus Divesture
McDonald’s is relocating to a new headquarters in Chicago’s Fulton Market district starting this spring. Leading up to that move,… Read more
Virtual Restaurants Are Heating Up
Delivery-only food providers are not new concepts, but data-mining customers’ food searches and finding restaurants to literally feed the demand… Read more
Amazon Reveals Contenders for $5B HQ2
The short list of cities still in the running for Amazon’s $5-billion HQ2 includes 20 metropolitan areas. The giant Seattle-based e-commerce… Read more
Rubenstein, Strategic Capital Expand Indy Portfolio, Again
Indianapolis-based Strategic Capital Partners, LLC and partner, Philadelphia-based Rubenstein Partners, L.P., acquired the Precedent Office Park in Indianapolis’ Keystone Crossing… Read more
Irvine Co. Leases 45K SF at Trophy Chicago Tower
Irvine Company Office Properties signed leases with Andersen Tax LLC and JAMS totaling 45,000 square feet at 71 South Wacker,… Read more
Electrolux Renews 965K SF with Duke in IL
Electrolux Home Products, Inc. renewed its 965,183-square-foot lease at Duke Realty’s Midpoint Distribution 801 in Minooka, IL. The appliance manufacturer… Read more