Downtown

Hightower Acquires Wealth Management Firm Bel Air
Chicago-based Hightower has acquired Bel Air Investment Advisors LLC from Fiera Capital Corporati...Read more
Ice Rink Goes Up for Sale in West Loop
The owner of Johnny’s IceHouse East at 1350 W. Madison St. in the West Loop has put the property u...Read more
Marshall Bennett Institute Unveils PLA Program
The Marshall Bennett Institute of Real Estate at Roosevelt University (MBIRE) launched a new init...Read more
Novel Coworking Converts Open Space to Private Offices
Mosaic Construction, LLC completed an office renovation project for Novel Coworking at 73 W. Monr...Read more
Sam Zell Will Keynote Eisenberg Foundation’s Virtual Event
Sam Zell, founder & chairman of Equity Group Investments, will be the keynote speaker highlighti...Read more
Near West Side Apartments Land $38M Construction Loan
Associated Bank completed a $37,800,000 construction loan to Marquette Companies and Kayne Anderson ...Read more
Cresco Extends and Upsizes Senior Loan
Cresco Labs, the Chicago-based cannabis dispensary operator, closed an agreement with lenders to ext...Read more
McShane Construction’s Jeff Raday Stepping Down
After serving as president of McShane Construction Company for 22 years, Jeff Raday will retire at t...Read more
Essary Joins Dayton Street to Oversee Development
Andrew J. Essary has joined Dayton Street Partners as director of construction and development. ...Read more
Lendlease, John Buck Complete Rental Townhomes at West Loop Project
Lendlease and The John Buck Company, together with partner Intercontinental Real Estate Corporati...Read more
Gap Will End Two-Decade Run Along Mag Mile
Ending a run of more than two decades along the Magnificent Mile, Gap is closing its Michigan Avenue...Read more
World Business Chicago CEO Zopp Will Step Down
World Business Chicago president and CEO Andrea L. Zopp will step down from her position at the end ...Read more
Greenstone Closes Sale of Tesla Center in River West
Greenstone Partners closed the sale of a 9,089-square-foot property net-leased to Tesla Motors in do...Read more
Jeff Schroeder Joins Clayco’s CRG Team
Jeff Schroeder has joined CRG, the real estate development and investment arm of Chicago-based Cla...Read more
FedEx Acquires E-Commerce Platform ShopRunner
FedEx Corp. has agreed to acquire Chicago-based e-commerce platform ShopRunner for an undisclosed am...Read more
J.C. Anderson Completes Spec Suite Buildout at CBOT Building
J.C. Anderson recently completed a 21,000-square-foot spec suite buildout for Glenstar at the landma...Read more
Deadline for Thompson Center Sale Moved Back to 2022
The state of Illinois’ plan to find a buyer for the James R. Thompson Center in the Loop by year�...Read more
Newcastle Secures Construction Debt on Gold Coast Mixed-Use
Newcastle Limited secured $41.3 million in construction financing to support development of its mix...Read more
Downtown Apartment Occupancies Reach New Low
The downtown occupancy rate for Chicago apartments fell to 87.1% in the third quarter, down from 93....Read more