Downtown

Flight to Quality Drives Down Vacancies in Trophy Downtown Chicago Offices
Avison Young’s First Quarter 2023 Office Market Report for downtown Chicago shows that ...Read more
Skender Completes 81K-SF Headquarters Buildout for Avant
Skender recently completed construction on the new 81,000-square-foot Avant headquarters in Th...Read more
Kiser Group Closes Off-Market Portfolio Sale in Medical District
Kiser Group has brokered a $15-million apartment portfolio sale in the UIC Medical District. Seller...Read more
JLL Takes Full Ownership of Kensington Capital Advisors
JLL has wholly acquired Kensington Capital Advisors (KCA), a North Carolina-based derivatives and s...Read more
Cushman & Wakefield Hires Noelle Perkins as General Counsel and Corporate Secretary
Cushman & Wakefield has appointed Noelle Perkins as EVP, general counsel & corporate secret...Read more
One Two Pru Earns WiredScore Platinum Certification for Connectivity
Wanxiang America Real Estate Group said that One Two Pru, its 2.3-million-squar...Read more
Origin Investments Affiliate Launches New Fund Aimed at Multifamily Credit
Chicago-based Origin Credit Advisers LLC (OCA), a newly formed affiliate of multifamily real e...Read more
Baird & Warner Promotes Two Members of Senior Leadership Team
Baird & Warner, Illinois’ largest family-owned independent real estate services company, has...Read more
Peak Realty Tapped to Lease Up West Loop Luxury Apartments
Peak Realty has been tapped by Tandem Development to market and lease Sage West Loop...Read more
Chicago Hotel Occupancy Climbs Above 2019 Levels
Average hotel occupancy rate for January and February of 2023 in Chicago’s Loop nearly doubled ...Read more
Wabtec Signs Full-Floor Lease Extension at 500 W. Monroe
Avison Young and JLL have arranged a 10-year lease extension for Westinghouse Air Brake Technologie...Read more
Marquette Collects Payoff for Pandemic-Era Gamble with $79M Refi of West Loop Tower
Naperville, IL-based Marquette Companies has refinanced the Parq Fulton, a 278-unit apartment build...Read more
Antares Capital Upsizes Offices in Move to BMO Tower
Riverside Investment and Development and co-development partner Convexity Properties signed Antares...Read more
George Smith Partners Secures Financing for Acquisition of Magnificent Mile Retail
George Smith Partners secured the permanent financing for the acquisition of a 5,666 square-foot lu...Read more
Chicago and the Midwest “Likely to Take Their Lumps” from CRE Distress
Chicago specifically and the Midwest more generally appear likely to see their share of commercial ...Read more
Sancerre Hospitality Adding New Restaurant Concept to Fulton Market District
Fulton St. Companies and Intercontinental Real Estate Corporation have signed Sancerre Hospitality ...Read more
Vacancies and Rents Both Rise in Downtown Chicago Office During Q1
Vacancy rates and rental rates rose in Chicago’s downtown office market during 2023’s first qua...Read more
Summit Design + Build Completes Revamp of West Loop Industrial into Hotel
General contractor Summit Design + Build has completed the gut demolition and renovation of a fiv...Read more
Chicago Selected for 2024 Democratic Convention
Chicago will host the 2024 Democratic National Convention, the Democratic National Committee announ...Read more