Illinois
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
First Midwest Enters into $150M Sale-Leaseback for 55 Branches
First Midwest Bank, headquartered in Itasca, IL, entered into an agreement with Oak Street Real Estate Capital LLC to sell… 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
InvenTrust Picks Up Oceanside Retail Center for $23M
Oak Brook, IL-based InvenTrust Properties Corp. acquired Old Grove Marketplace, a 91%-leased, 81,279-square-foot grocery anchored community center located in Oceanside,… 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
C&W Expands Capital Markets Team in L.A.
Stephen Algermissen joined Cushman & Wakefield’s Capital Markets team. As a preeminent investment broker for urban retail assets across the… Read more
Chicago Transit Bracing for “Blue Line Boom”
As more residents move to Chicago’s near west side, the Chicago Transit Authority is figuring out how to handle the… Read more
CBRE Picks Up Multi-State Entertainment Assignment
California-based Round One Entertainment Inc. selected Los Angeles-based CBRE Group Inc. for a tenant representation assignment to search for new… Read more
Canada Encourages Axe-Throwing in Chicago’s West Loop
Bad Axe Throwing, a Canadian company specializing in indoor axe-throwing parties, will open its first U.S. location in Chicago’s West… Read more