Illinois
New Hyatt Place Sells to Texas Buyer for $74M
Summit Hotel Properties acquired the 206-room Hyatt Place in downtown Chicago, at 28 N. Franklin St. The Austin, TX real… Read more
Jordan Brand Flagship Building Sells for $44M
Thor Equities sold its Jordan Brand flagship building in Chicago’s South Loop for $44.2 million. The sale effectively ends Thor’s… Read more
Senior Housing/Library Planned for Chicago’s North Side
In an attempt to find money for a public library on the far north side of Chicago, the Chicago Housing… Read more
Trump Place Residents to Brand: No Thanks
Though President-Elect Donald Trump might have won the hearts and minds of voters in the heartland, residents at the Trump… Read more
CA Attracts Flagship Retail Locations – Here’s Why
Retailers across all price points are increasingly using a flagship store strategy to connect with customers. JLL’s latest research report,… Read more
Canadian Investor Buys Round Rock Multifamily
Starlight U.S. Multifamily Core Fund, headquartered in Toronto, acquired the 384-unit City North at Sunrise Ranch in Round Rock, TX.… Read more
Helmut-Jahn Building to Sell for $30M
A Helmut Jahn-designed building in Evanston, IL is under contract for $30 million. The amount is three times more than… Read more
R2 & Walton Street Pay $86M for Loft Offices
Chicago investors R2 Companies and Walton Street Capital snagged six loft office buildings in Chicago’s West Loop, South Loop and River… Read more
Mesa West Originates $145M Loan on Chicago MF
Mesa West Capital originated $145 million in structured debt to recapitalize and stabilize 1000 South Clark, a 469-unit high-end apartment… Read more
OCC Signs 105K-SF Lease at The Franklin
Equity derivatives clearing organization OCC has signed a long-term lease for 105,000 square feet of office space at The Franklin… Read more
Amazon’s Brick-and-Mortar Stores Benefit Prime Members Too
As e-commerce giant Amazon continues to expand its brick-and-mortar retail locations, its online pricing tactics will be visible in stores… Read more
Apple Construction Underway – For $62M
Apple’s latest endeavor in Chicago will consist of 20,000 square feet at 401 N. Michigan Ave. The new store coming… Read more
CBRE’s Robert Kramp: Talking Triangles and Texas Metros
CBRE recently issued its “Texas Triangle Office Markets: 60 Degrees of Separation” report, which discussed the unique attributes of the… Read more
Equity Office Names Picard EVP, COO
Chicago-based Equity Office named Lisa Picard Executive Vice President and Chief Operating Officer. Picard joins the San Francisco office, and… Read more
$825M State Farm Sale North Texas’ Largest
It’s official. Tranwestern Investment Group and Mirae Global Investments Co. closed on the acquisition of State Farm Insurance’s regional hub in… Read more
28K-SF Wicker Park Warehouse on Market — Again
A 28,300-square-foot warehouse in Chicago’s Wicker Park neighborhood is on the market again – after sitting empty for almost two… Read more
ULI: Second Chances for Obsolete Corporate Campuses
When Ross Perot acquired 2,700 acres in Plano, TX along the Dallas North Tollway, he envisioned a corporate campus. Legacy… Read more
Detroit Motoring Once Again
While its Midwest neighbors in Chicago and Cleveland are playing in the World Series, Detroit is ‘motoring’ to a different… Read more
TOD Affordable Housing Proposed for Rogers Park
A new plan for 7070 N. Clark St. in Chicago’s Rogers Park has been proposed. Specifically, developer Ross Real Estate… Read more