Illinois
Irvine Co. Signs Ziegler to One North Wacker Deal
Irvine Company Office Properties signed a 32,000-square-foot lease with Ziegler at Chicago’s One North Wacker, UBS Tower. The privately-held national… Read more
Zell Divesting Groupon’s Chicago HQ for $520M
Sterling Bay and JP Morgan Asset Management are acquiring Groupon’s sprawling 1.65-million-square-foot headquarters along the Chicago River from Equity Commonwealth… Read more
Eater-tainment on Tap for Dallas’ Deep Ellum
Punch Bowl Social, a so-called eater-tainment project, is on tap for Deep Ellum, near downtown Dallas. Restauranteur Robert Thompson is… Read more
CIM, Golub & Company JV Acquire 30-Story MF on Chicago’s Gold Coast
Los Angeles-based CIM Group acquired Chestnut Place, a 30-story, 280-unit apartment building with ground floor retail on Chicago’s Gold Coast,… Read more
Sabal Closes $1B Freddie Mac Small Balance Loans
Newport Beach, CA-based Sabal Capital Partners closed $1 billion in Freddie Mac Small Balance Loans so far in 2017. The… Read more
Radisson Blu Aqua Hotel, Chicago Refi’d for $64M
HFF arranged a $64 million refinancing for Radisson Blu Aqua Hotel, Chicago, a 334-room, luxury, modern hotel in downtown Chicago.… Read more
Malls’ New Anchor Tenants May Just Work Out
Once upon a time, department stores were the obvious contenders to be malls’ anchor tenants. But, the intersection of several… Read more
Lickerman Leaving Cushman & Wakefield; Mobley Promoted
Tod Lickerman, Cushman & Wakefield’s Chief Executive of the Americas, has left the Chicago-based commercial real estate services firm, according… Read more
CBRE Global Investors Closes U.S. Value-Added Fund, $1.34B of Equity Commitments
Los Angeles-based CBRE Global Investors closed its latest U.S. enhanced return fund with equity commitments of $1.34 billion from 25… Read more
JLL Completes 145K-SF Lease Renewal in Downtown Chicago
Fifth Third Bank renewed its 145,000-square-foot lease at 222 South Riverside Plaza in downtown Chicago. The firm has been a… Read more
Michael Hunter Joins TH
Michael Hunter has joined TH Real Estate as a senior director based in New York. At TH, he will identify,… Read more
SIOR Fall World: Forecasting 2018 CRE
If you missed SIOR’s Fall World conference in Chicago, Connect Media has it covered. We asked industry leaders to share… Read more
Illinois Apartment Complex Acquired for Nearly $111M
New York-based TGM acquired TGM Danada, formerly the Crossings at Danada, from Invesco Advisers for a reported $110.5 million. Invesco… Read more
Combined Insurance Renews 104K-SF Lease in Downtown Chicago
Combined Insurance renewed its lease in Downtown Chicago’s 111 East Wacker, where it is one of the property’s largest tenants.… Read more
Kidder Mathews’ Robert Thornburgh Installed as SIOR President-Elect
The Society of Industrial and Office Realtors (SIOR) installed Kidder Mathews’ Robert G. Thornburgh as 2018 President-Elect. The installation took… Read more
Zell’s Equity Commonwealth and Forest City Explore Merger
Equity Commonwealth, a Chicago-based REIT chaired by Sam Zell, has approached Forest City Realty Trust to discuss a possible merger.… Read more
Brookfield Pursuing GGP in $14.8B Bid
Brookfield Property Partners LP is making a $14.8 billion run at acquiring full control of Chicago-based GGP. The NY-based firm… Read more
SIOR Fall World Takeaways: Smart Buildings and Creative Space
Connect Media attended SIOR’s Fall World conference in Chicago, and asked industry leaders their insights about the biggest trends driving… Read more