Chicago
Road Extension Could Spur Chicago-Area Project
A proposed $6.6-million project to extend 191st Street, in Tinley Park, IL to connect with Oak Park Avenue, could be… Read more
Canadian Developer Plans MXU at LA Times Complex
Vancouver, Canada-based Onni Group is reportedly making plans to add a mix of uses at the Los Angeles Times complex.… Read more
George Lucas’ $700M Museum May Come to California
George Lucas is back scouting California sites for his $700-million science fiction museum. The creator of “Star Wars” cited “seemingly… Read more
$80M Suburban Chicago Office Sale Largest in 2016
Development firm John Buck Co. sold three office buildings from the Parkway Center in Deerfield, IL to Chicago-based Fulcrum Asset… Read more
Starwood Places $1.2B Mall Portfolio on Sales Block
Starwood Capital Group has reportedly hired Eastdil Secured LLC to broker a seven-mall portfolio acquired from Westfield Corp. in 2012.… Read more
$191M Sale of 440 S. LaSalle in Chicago Closes
TIER REIT Inc. of Dallas has closed on its sale of the FOUR40 office building at 440 S. LaSalle St.… Read more
HFF Secures Construction Loan for West Loop Tower
Holliday Fenoglio Fowler, L.P. (HFF) arranged a construction loan for the development of a 20-story, trophy office tower at 625… Read more
McDonald’s Relocates HQ to West Loop
McDonald’s Corp. is relocating its corporate HQ from Oak Brook, IL to downtown Chicago’s 1045 W. Randolph St. The company… Read more
Illinois DOT Unveils $11B, Six-Year Infrastructure Plan
The Illinois Department of Transportation announced an $11.2 billion, six-year infrastructure repair program to update more than 500 deteriorating bridges… Read more
Chicago Office Tower Under Contract for $340M
Hines REIT, headquartered in Houston, has entered into a definitive agreement to sell the 896,502-square-foot 321 N. Clark at Riverfront… Read more
JLL Acquires Construction Consultant Merritt & Harris
In a move to boost its project and development offerings, Jones Lang LaSalle (JLL), headquartered in Chicago, acquired Merritt &… Read more
CIM Completes Chicago’s Marquee at Block 37
CIM Group has completed construction of the 690-group Marquee at Block 37 apartment tower. Located at 25 W. Randolph St.… Read more
Attics Become Apartments in Scarce Housing Markets
Apartment demand has increased since the Great Recession, and many younger renters can’t afford the multifamily properties that are being… Read more
CRE Active in South Mississippi
As return on investment in other parts of the country declines, some investors are checking out South Mississippi. In a… Read more
Trammell Crow Residential Opens in Boston
Dallas-based Trammell Crow Residential has established a regional office in Boston, to source development opportunities in the Northeast. Former GID… Read more
RealtyMogul Helps Fund $22M Chicago MF Buy
Spirit Bascom Ventures has paid $21.6 million for ownership rights of 5200 N. Sheridan Rd., a 223-unit vintage apartment complex… Read more
Chicago Main Street Post Office Plans Finalized
601W Cos. struck a deal to acquire and redevelop the Old Main Post Office near downtown Chicago. The investment group… Read more
Chicago to Get a New Neighborhood
Developer Related Midwest has reportedly closed on 62 acres of undeveloped land in Chicago’s South Loop. The project is being… Read more