Chicago
C&W Inks 11-Year Lease for New Chicago HQ
Cushman & Wakefield Inc.’s Chicago office inked an 11-year lease for 83,030 square feet at 225 W. Wacker Dr. in… Read more
JLL Likes Portland Suburb; Buys Retail for $43M
JLL Income Property Trust has invested $42.6 million to acquire Timberland Town Center in the Portland, OR suburb of Beaverton.… Read more
C&W Expands Enterprise Solutions Team
Cushman & Wakefield expanded its Enterprise Solutions platform with the addition of a pair of CRE industry veterans. Bryan Jacobs… Read more
Mormon Church to Become MXU Development
A former Church of Jesus Christ of Latter-Day Saints church will have a second life as a mixed-use retail and… Read more
Blue Vista Wants $63M for Chicago Student Housing
Blue Vista Capital Management, owner of the 477-bed Tailor Lofts in the West Loop of Chicago, is putting the student… Read more
Faris Lee Closes Chicago Fire Pizza Deal
Irvine, CA-based Faris Lee Investments completed the $3.5-million sale of a single-tenant retail asset in Elk Grove, CA. The more than… Read more
Vicki Noonan Takes Cushman & Wakefield Leadership Reins
Cushman & Wakefield hired Vicki Noonan as its managing principal and Chicago leader. Noonan takes over leadership of the Chicago-area… Read more
Duracell Keeps on Going . . . and Going . . . in Chicago
Battery-maker Duracell has opened an office in downtown Chicago, complete with 65 new executive jobs. The company is operating out… Read more
Amazon Books Joins Tesla, Apple in UTC Mall
The 3,500-square-foot Amazon Books store opened in Westfield UTC mall in La Jolla, CA. It is the second brick-n-mortar location… Read more
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