Chicago
Davies to Chicago: I Want the Post Office
Days after the city of Chicago moved to seize control of Chicago’s Old Main Post Office for redevelopment, British developer… Read more
Post Office Re-Development Taken Over by City
Years after developer Bill Davies acquired the Old Main Post office in Chicago with plans for redevelopment, the city of… Read more
Cohen Financial Secures $28M For San Diego Investor
Cohen Financial has secured $28.25-million in loans for San Diego-based LLJ Ventures, LLC. The funding was deployed into two assets… Read more
Master Builder John Tishman Dies at 90
John L. Tishman, who is known for building the John Hancock Center in Chicago and the World Trade Center Towers… Read more
50-Story Chicago Residential High-Rise Sells for $240M
Convexity Properties of Chicago, owned by developer Don Wilson, has reportedly sold the 398-unit, 50-story North Water Apartments to Atlanta,… Read moreChicago – Weather
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American Realty Advisors Buys 604,000-SF I-88 Gateway Logistics
American Realty Advisors has acquired the I-88 Gateway Logistics Center, a 604,565-square-foot industrial asset in North Aurora, IL, west of… Read more
$36M Loan Okayed for New Chicago Marriott
Associated Bank and Inland Bank have reportedly teamed up to provide $36 million in financing for construction of a 195-room… Read more
600-Unit North Harbor Tower Under Contract to Miami Buyer
Crescent Heights of Miami, FL, an active buyer of multifamily properties in Chicago, has reportedly entered into an agreement to… Read more
First Allied Plaza Bought As Part of $753M Deal
First Allied Plaza, an office tower located at 655 W. Broadway in downtown San Diego, has traded hands as part of… Read more
$1B Related Cos. Fund Spurs Major Investor Interest
The Related Cos. intended to raise $850 million for a new operator-sponsored opportunity fund, but even better, the fund reportedly collected $1… Read more
Converse HQ Anticipated to Close for $150M
German investment firm Union Investment Real Estate GmbH is reportedly ready to close on the 214,000-sf Converse Headquarters at 160… Read more
CNA to Sell 1M-SF “Big Red” Office Building
CNA Financial Corp. has signed a letter of intent with developer John S. Buck Co. of Chicago to sell its… Read more
Philip Voorhees, CBRE Retail Team Offer Fully Leased Portfolio
Philip Voorhees, who is based in Newport Beach, and CBRE’s National Retail Investment Group and the Net Leased Property Group… Read more
DRA to Acquire Inland Real Estate Corp. for $2.3B
DRA Advisors of New York has reportedly agreed to acquire Oak Brook, IL-based Inland Real Estate Corp. for $2.3 billion.… Read more
CRE Icon Douglas Shorenstein Passes Away
Douglas Shorenstein, the leader of San Francisco-based Shorenstein Properties, has passed away at the age of 60. The real estate… Read more