Chicago
Life Science Development Acquired for $130M
Ventas Inc. acquired a life science, research and medical campus in Providence, RI from Blackstone Real Estate Partners VIII LP… Read more
Developer Sells 216-Unit Multifamily
American Realty Advisors, headquartered in California, acquired the 216-unit Madison at Racine in Chicago’s West Loop/Fulton market. ARA struck the… Read more
Design Honors for Midtown Office
The 897-foot tower rising at 425 Park Ave. has already won a design award, even though it won’t open till… Read more
44K-SF Kessler Building To Become Co-Work Space
Level Office, headquartered in Chicago, acquired the seven-story Kessler Building at 1301 Oak St. in Kansas City, MO. Both the… Read more
Ontario Offers Direct Flights to O’Hare
American Airlines will offer nonstop air service from Ontario International Airport to Chicago during summer, 2017. The move represents the… Read more
$98M Loan Deadline Approaching
New York investor 601W is facing a $97.5 million loan deadline on an 18-story, 405,000-square-foot office building at 550 W.… Read more
TRU Office Advisors Acquired by Transwestern
In an effort to expand its occupier services in the Chicago area, Transwestern acquired TRU Office Advisors LLC, a tenant… Read more
Will Rent Control Come to Chicago?
Rent control has been banned in the state of Illinois since the mid-1990s. One state legislator, however, thinks it should… Read more
Tower Under Contract to Furby Creator for $75M
Randy Rissman, whose Tiger Electronics churned out Giga Pets and Furby plush toys in the 1990s, is under contract to… Read more
Brookfield Fund to Pay $600M for First Core-Plus Deal
Brookfield Premier Real Estate Partners, a core-plus real estate fund managed by Brookfield Asset Management, is getting ready to close… Read more
Insignia Joins Forces with Sperry Commercial
Insignia Commercial Real Estate becomes the first Phoenix-area brokerage company to join Sperry Commercial Global Affiliates LLC. Neil Sherman heads… Read more
Software Trainer Opens First OC Bootcamp
Coding Dojo signed a 12,000-square-foot lease at the Hive, a 190,000-square-foot creative office campus at 3333 Susan St. in Costa… Read more
As Preschoolers Grow, So Does Education
The childcare franchising industry brings in an average of $2.6 billion in annual revenue. Georgia-based Primrose Schools, an organization of… Read more
Blackstone Closes $1.7B U.S. Transaction
Blackstone closed its deal with Swedish pension fund manager Alecta, paying $1.7 billion for 21 office, retail, multifamily and industrial… Read more
Mastro’s Steakhouse Breaks Ground on First Texas Location
Mastro’s Steakhouse began construction on a 10,000 square-foot location in the Galleria submarket of Houston. The restaurant, at 1540 W.… Read more