Chicago
Brookfield, Macy’s in 700K-SF Office Conversion Deal
Toronto-based Brookfield Asset Management is cutting a deal with Macy’s involving roughly 700,000 square feet at the retailer’s flagship State… Read more
Walgreens Expands Chicago Footprint with New Tech Center
Deerfield, IL-based Walgreens is expanding its current downtown Chicago office to roughly 114,000 square feet at Madison Capital’s Sullivan Center,… Read more
Suburban Office Parks Cool Again
Suburban office parks are back in, at least for an emerging set of Millennials. And that’s got employers kicking the… Read more
Chicago Developer Plans 76-Story, $700M MF Development
JDL Development is seeking to develop a 76-story, more than $700 million residential tower in Chicago’s River North district. The… Read more
Westmount Acquires 21-Asset, 2.35M Chicago-Area Portfolio
Dallas-based Westmount Realty Capital acquired a 21-building, 2.35 million-square-foot industrial portfolio in the greater Chicago area for an undisclosed amount.… Read more
IRR Expands Footprint in Chicago
Denver-based Integra Realty Resources (IRR) is joining forces with Chicago-based Appraisal Research Counselors (ARC). Effective immediately, all 32 employees from… Read more
CBRE Report: Data Center Market Continues to Remain Stable
Investment in the U.S. data center sector reached record levels in the first half of 2017, totaling $18.2 billion, already… Read more
Tribune Unveils Plans for Chicago’s River District Development
Tribune Real Estate Holdings unveiled plans to redevelop a 37-acre site along the Chicago River’s North Branch as a mixed-use… Read more
CBRE Global Investors Fund Acquires Iconic Downtown Chicago Office Building
A fund sponsored by CBRE Global Investors acquired 150 N. Michigan Avenue, an iconic office building in Downtown Chicago for… Read more
Connect Apartments 2017 Institutional Capital: Investing in Multifamily
Capital drives the CRE industry. Without it, projects don’t get built and transactions can’t be executed. Virtually every conversation among… Read more
Brennan Buys 20-Building U.S. Industrial Portfolio
Rosemont, IL-based Brennan Investment Group, LLC acquired a 20-building industrial portfolio, totaling more than two million square feet across nine… Read more
Chicago’s Hard Rock Hotel Snares $75M for Renovation
NKF arranged a three-year, $74.85 million bridge loan for the Carbide & Carbon Building, located at 230 North Michigan Avenue,… Read more
James Brannan Joins Transwestern in Chicago
Transwestern added James Brannan to the firm’s Chicago office as Vice President in the project management and development group. In… Read more
Institutional Multifamily Investors and Nearby ‘Burbs
Not so long ago, institutional multifamily investors, such as REITs, pension funds and private equity partnerships, wanted their apartments in… Read more
RCA Indices: Global Cities Hit Pricing Records, Though Not All Recovered Yet
Real Capital Analytics’ newly-created CPPI (Commercial Property Price Indices) reveal that in Q2 2017 the Global Cities Composite was 36.1%… Read more
German Investor Buys Hyatt Centric The Loop Chicago Hotel
The Hyatt Centric The Loop Chicago sold for $110 million to German investor Deka Immobilien. The 257-room, full-service hotel in… Read more
Brennan, Arch Street Acquire $100M, 2.5M-SF, 11-Building Industrial Portfolio
Rosemont, IL-based Brennan Investment Group acquired an 11-building industrial portfolio in eight states totaling 2,497,982 square feet for $100 million.… Read more
Tribune-Riverside JV Plans Four-Tower Chicago Development
Connect Apartments is planned for September 28th in Los Angeles. Here’s where to get more information and register. Tribune Media and… Read more