Downtown

Loop Hotel Occupancies Near 2019 Levels in August
The dog days of summer, coupled with major events and improved business travel, gave another encour...Read more
Ukrainian Village Apartments Fetch Nearly 50% Increase on Sellers’ Purchase Price
Interra Realty brokered the $2.5-million sale of 906-908 N. Damen Ave., a pair of six-unit multifam...Read more
MPEA Issues RFI for Redevelopment of McCormick Place’s Lakeside Center
The Metropolitan Pier and Exposition Authority (MPEA) has issued a request for information (RFI) fo...Read more
33 Realty Sells Property Management, Maintenance and Leasing Divisions
Poplar Homes, the Cupertino, CA-based property management company, has acquired Chicago-based 33 Re...Read more
McDonald’s Will Establish New Innovation Center at West Loop HQ
McDonald's Corporation will establish an innovation center, Speedee Labs, at its global headquarter...Read more
Piercing Studio Comes to Tribune Tower for First Chicago Location
CIM Group has signed a long-term lease with piercing and jewelry brand Rowan for an approximately 9...Read more
Sterling Bay’s Fulton Market Residential Closes on Construction Financing
Sterling Bay has closed on approximately $92 million in construction financing for 225 N Elizabeth,...Read more
Australian Firm Takes $2B Stake in Chicago Skyway
Toll road operator Atlas Arteria has entered into an agreement to acquire a 66.67% majority interes...Read more
Lucien Lagrange and His Team Join Lamar Johnson Collaborative
Lucien Lagrange, the architect who designed the 70-story Park Tower and other iconic Chicago reside...Read more
JLL Promotes Two to Managing Director, Work Dynamics
JLL promoted Katie Rodrigues and Dan Rooney to managing director, consulting for Work Dynamics. Rod...Read more
Shareholders Approve Watermark Lodging Trust Merger with Brookfield
Watermark Lodging Trust, Inc. (WLT), a nontraded REIT headquartered in Chicago, said Monday its sto...Read more
Pearlmark Provides Mezz Loan for Pittsburgh Multifamily Acquisition
Chicago-based Pearlmark closed on a high-yield investment for the acquisition of Lawrenceville Apar...Read more
Lightfoot Establishes Community Advisory Council for Bally’s Casino Project
Mayor Lori Lightfoot, with the support of Ald. Walter Burnett and casino operator Bally’s, announ...Read more
ShopCore Names Retail Veterans as COO and Transactions Lead
ShopCore Properties has appointed Lauren Holden and Jessica Zaski to the newly established leadersh...Read more
Music Venue The Back Room Finds New Home in Fulton Market
Newmark arranged a 6,000-square-foot retail lease with live music venue The Back Room at 318 N. Car...Read more
Goldie Initiative Raises Record $900K Ahead of Annual Gala
The Goldie B. Wolfe Miller Women Leaders in Real Estate Initiative will host its sixth annual Goldi...Read more
DePaul/ULI Chicago Sentiment Report Spotlights Importance of DEI
Key leaders in Chicago’s commercial real estate industry believe that initiatives focused on Dive...Read more
IPA Capital Markets Names Frank Montalto Managing Director
IPA Capital Markets, a division of Marcus & Millichap specializing in capital markets services ...Read more
Cook County Leases 106K SF for Temporary Office Space
Cook County is moving hundreds of downtown employees to a Loop office tower for several years as it...Read more