Illinois
Coffee to Croissants: Starbucks is Serving Up Italian
Starbucks’ ubiquitous locations serve everything from coffee to breakfast sandwiches and more recently, wine and beer. But, the coffee chain… Read more
CCIM President, Xceligent EVP, Wayne D’Amico Passes Away
Wayne D’Amico, a stalwart figure in the commercial real estate industry for well over two decades, has passed away. The… Read more
Melanie Kirkwood Ruiz Joins Cushman & Wakefield as CIO, Americas
Cushman & Wakefield has hired Melanie Kirkwood Ruiz as CIO, Americas to lead the firm’s technology strategy in the region.… Read more
$470M Refi for Chicago’s 150 N. Riverside
Riverside Investment & Development refinanced the 54-story 150 N. Riverside office development in Chicago for $470 million. The 1.2-million-square-foot West… Read more
Seniors Housing Remains an Attractive Investment
“The Emerging Trends in Real Estate, 2018” report indicates that the senior housing and care sector continues to attract attention… Read more
CIM Group Acquiring Uber Building for $220M
Los Angeles-based CIM Group is reportedly acquiring Uber’s 380,000-square-foot office building in Oakland for $220 million. Though the deal hasn’t… Read more
Logistics Firm Lands Rancho Bernardo Final Mile Facility for $60.5M
Annapolis, MD-based Realterm Logistics acquired Bernardo Mesa Technology Center, a 180,946-square-foot warehouse in San Diego, from a joint venture between… Read more
Brennan Buys 26-Property Industrial Portfolio
Chicago-based Brennan Investment Group, LLC acquired a 26-building portfolio totaling more than 1.26 million square feet from Mack-Cali Realty Corporation… Read more
Blackstone Affiliate Plans Dallas-Area Relocation
GridLiance, an energy portfolio company belonging to Blackstone Group, will be relocating its current Chicago headquarters to a new space… Read more
Related Unveils Plan for $1.2B Research Institute in Chicago
Related Midwest unveiled development plans for Discovery Partners Institute (DPI), a $1.2-billion, interdisciplinary public-private research and innovation center at The… Read more
Instagram Unveils #Kind Comments Mural at DC’s Union Market
Instagram has unveiled its colorful, custom #KindComments mural at Union Market, the iconic retail and culinary district in northeast Washington D.C. Instagram chose… Read more
Apple’s Next-Generation $80M Flagship Store Opening in Chicago
Cupertino, CA-based Apple debuted Apple Michigan Avenue, its $80-million flagship store in Chicago that seeks to reinvigorate the Chicago River… Read more
World’s Largest Real Estate Investment Markets are Tokyo, NY and LA
The world’s largest commercial real estate investment markets have a global stock of investable assets that stands at $27.5 trillion,… Read more
Brookfield, Macy’s in 700K-SF Office Conversion Deal
Toronto-based Brookfield Asset Management is cutting a deal with Macy’s involving roughly 700,000 square feet at the retailer’s flagship State… Read more
Walgreens Expands Chicago Footprint with New Tech Center
Deerfield, IL-based Walgreens is expanding its current downtown Chicago office to roughly 114,000 square feet at Madison Capital’s Sullivan Center,… Read more
Suburban Office Parks Cool Again
Suburban office parks are back in, at least for an emerging set of Millennials. And that’s got employers kicking the… Read more
Chicago Developer Plans 76-Story, $700M MF Development
JDL Development is seeking to develop a 76-story, more than $700 million residential tower in Chicago’s River North district. The… Read more
Westmount Acquires 21-Asset, 2.35M Chicago-Area Portfolio
Dallas-based Westmount Realty Capital acquired a 21-building, 2.35 million-square-foot industrial portfolio in the greater Chicago area for an undisclosed amount.… Read more
IRR Expands Footprint in Chicago
Denver-based Integra Realty Resources (IRR) is joining forces with Chicago-based Appraisal Research Counselors (ARC). Effective immediately, all 32 employees from… Read more