Chicago
Illinois Apartment Complex Acquired for Nearly $111M
New York-based TGM acquired TGM Danada, formerly the Crossings at Danada, from Invesco Advisers for a reported $110.5 million. Invesco… Read more
Combined Insurance Renews 104K-SF Lease in Downtown Chicago
Combined Insurance renewed its lease in Downtown Chicago’s 111 East Wacker, where it is one of the property’s largest tenants.… Read more
Kidder Mathews’ Robert Thornburgh Installed as SIOR President-Elect
The Society of Industrial and Office Realtors (SIOR) installed Kidder Mathews’ Robert G. Thornburgh as 2018 President-Elect. The installation took… Read more
Zell’s Equity Commonwealth and Forest City Explore Merger
Equity Commonwealth, a Chicago-based REIT chaired by Sam Zell, has approached Forest City Realty Trust to discuss a possible merger.… Read more
Brookfield Pursuing GGP in $14.8B Bid
Brookfield Property Partners LP is making a $14.8 billion run at acquiring full control of Chicago-based GGP. The NY-based firm… Read more
SIOR Fall World Takeaways: Smart Buildings and Creative Space
Connect Media attended SIOR’s Fall World conference in Chicago, and asked industry leaders their insights about the biggest trends driving… Read more
Hines Plans Wood-Structure Office on Chicago’s Goose Island
A joint venture between Hines, Diversified Real Estate Capital and Big Bay Realty will develop T3 Goose Island, a six-story,… Read more
Coffee to Croissants: Starbucks is Serving Up Italian
Starbucks’ ubiquitous locations serve everything from coffee to breakfast sandwiches and more recently, wine and beer. But, the coffee chain… Read more
CCIM President, Xceligent EVP, Wayne D’Amico Passes Away
Wayne D’Amico, a stalwart figure in the commercial real estate industry for well over two decades, has passed away. The… Read more
Melanie Kirkwood Ruiz Joins Cushman & Wakefield as CIO, Americas
Cushman & Wakefield has hired Melanie Kirkwood Ruiz as CIO, Americas to lead the firm’s technology strategy in the region.… Read more
$470M Refi for Chicago’s 150 N. Riverside
Riverside Investment & Development refinanced the 54-story 150 N. Riverside office development in Chicago for $470 million. The 1.2-million-square-foot West… Read more
Seniors Housing Remains an Attractive Investment
“The Emerging Trends in Real Estate, 2018” report indicates that the senior housing and care sector continues to attract attention… Read more
CIM Group Acquiring Uber Building for $220M
Los Angeles-based CIM Group is reportedly acquiring Uber’s 380,000-square-foot office building in Oakland for $220 million. Though the deal hasn’t… Read more
Logistics Firm Lands Rancho Bernardo Final Mile Facility for $60.5M
Annapolis, MD-based Realterm Logistics acquired Bernardo Mesa Technology Center, a 180,946-square-foot warehouse in San Diego, from a joint venture between… Read more
Brennan Buys 26-Property Industrial Portfolio
Chicago-based Brennan Investment Group, LLC acquired a 26-building portfolio totaling more than 1.26 million square feet from Mack-Cali Realty Corporation… Read more
Blackstone Affiliate Plans Dallas-Area Relocation
GridLiance, an energy portfolio company belonging to Blackstone Group, will be relocating its current Chicago headquarters to a new space… Read more
Related Unveils Plan for $1.2B Research Institute in Chicago
Related Midwest unveiled development plans for Discovery Partners Institute (DPI), a $1.2-billion, interdisciplinary public-private research and innovation center at The… Read more
Instagram Unveils #Kind Comments Mural at DC’s Union Market
Instagram has unveiled its colorful, custom #KindComments mural at Union Market, the iconic retail and culinary district in northeast Washington D.C. Instagram chose… Read more
Apple’s Next-Generation $80M Flagship Store Opening in Chicago
Cupertino, CA-based Apple debuted Apple Michigan Avenue, its $80-million flagship store in Chicago that seeks to reinvigorate the Chicago River… Read more