Chicago
Beacon Capital to Shell out $470M for Chicago’s AMA Plaza
Beacon Capital Partners struck a deal with Riverview Realty Partners to acquire the AMA Plaza in the River North submarket… Read more
Ground Breaks on $1.5B Riverline in Chicago
Construction has begun on Riverline, a massive development consisting of residential high-rises, townhomes and a public river walk on the… Read more
GLP Contracts with Hillwood on $1.1B Industrial Portfolio
Singapore-based logistics fund manager GLP has struck a deal with Dallas-based Hillwood Development Co. to purchase a $1.1-billion U.S. logistics… Read more
530K-SF MXU Rise at Prospect Park Arises
CA Ventures began work on Rise at Prospect Park, a 530,000-square-foot, mixed-use development. The property will have 336 rental units… Read more
U.S. Bank Files $132M Foreclosure Against AT&T Campus
U.S. Bank filed a $131.8 million foreclosure complaint against the former AT&T corporate campus in Hoffman Estates, IL. AT&T’s lease… Read more
Blackstone’s $175M Sale Sets Chicago Record – Again
Blackstone Group struck a deal with Adventus Realty Trust to sell the 869,120-square-foot Riverway office complex in Rosemont, IL. Upon… Read more
Blackstone In, Goldman Sachs Out on $1.8B Portfolio Deal?
Blackstone Group LP appears to be the big winner in the bid to acquire $1.8 billion in U.S. CRE assets… Read more
Amazon Plans Another Illinois Fulfillment Center
Amazon.com has plans to open an 850,000-square-foot fulfillment center in Monee, IL. Monee is a village in Will County, approximately… Read more
Chicago’s Tribune Tower to Sell for $240M
Los Angeles-based developer CIM Group reached an agreement with Tribune Media for the latter’s iconic 740,000-square-foot Tribune Tower at 435… Read more
Hertz Pays $417M For Midwest Portfolio
Hertz Investment Group of Santa Monica, CA acquired four office buildings in the Midwest, paying seller Equity Commonwealth $416.7 million… Read more
C&W Expands Capital Markets Team in L.A.
Stephen Algermissen joined Cushman & Wakefield’s Capital Markets team. As a preeminent investment broker for urban retail assets across the… Read more
Chicago Transit Bracing for “Blue Line Boom”
As more residents move to Chicago’s near west side, the Chicago Transit Authority is figuring out how to handle the… Read more
Canada Encourages Axe-Throwing in Chicago’s West Loop
Bad Axe Throwing, a Canadian company specializing in indoor axe-throwing parties, will open its first U.S. location in Chicago’s West… Read more
German Pharma Investing $250M to Expand Campus
Fresenius Kabi is planning a $250-million expansion of the pharmaceutical company’s urban Chicago campus. The current Melrose Park site will… Read more
HFF Secures $78M Construction Financing for West Loop Development
Holliday Fenoglio Fowler, L.P. (HFF) secured a $78-million construction loan for the development of Fulton West Phase II, a nine-story,… Read more
AT&T Chicago-Area Campus Faces Foreclosure
A little more than a month following the announcement that special servicer C-III Asset Management took over the AT&T corporate… Read more
NGKF Capital Markets Completes Record-Breaking $108.5M Office Deal
NGKF Capital Markets completed the $108.5-million recapitalization of three high-quality Class A multi-tenant office buildings located in Orange, CA. It… Read more
Tribune Sells LA Times Building, Olympic Printing Plant
Tribune Media agreed to sell Times Mirror Square and the Olympic Printing Plant in DTLA to Canada’s Onni Group for… Read more
Griffin Capital Nabs Zebra Tech’s 283K-SF Chicago-Area HQ
Griffin Capital Corp. has added the 283,000-square-foot headquarters of Zebra Technologies Corp. to the portfolio of Griffin Capital Essential Asset… Read more