Illinois
Sam Zell’s Telltale Sign of Real Estate’s Peak
According to Sam Zell, the real estate market could be reaching its turning point. The founder of d...Read more
Alcatel-Lucent 516K-SF Naperville Office Hits Sales Block
A massive build-to-suit for Alcatel-Lucent in Naperville, IL is up for sale just months after Nokia ...Read more
Blackstone Selling Oak Brook Office to Zeller for $125M
Blackstone Group has reached a deal to sell the three-building Commerce Plaza in Oak Brook, IL to Ze...Read more
Canadian Buyer Nabs Chicago-Area MF for $68M
John Hancock Real Estate, a unit of Manulife Financial in Toronto, paid $68 million for the 204-unit...Read more
U.S. Steel Puts 430-Acre Chicago Site on Market
U.S. Steel put its South Works steel mill site on the market. Cushman & Wakefield has been retai...Read more
Bridgford Foods to Develop MF, Office on Chicago’s West Loop Site
Bridgford Foods is planning to build apartments and office space on its West Loop site, a Chicago lo...Read more
285-Room Public Chicago Hotel Sells for $60M
Ian Schrager sold the 285-key Public Chicago Hotel for $60 million to Hong Kong-headquartered Gaw Ca...Read more
Lennar Sells IL-Based Tapestry Apartments for $73M
Lennar Multifamily Communities sold a 298-unit apartment property, Tapestry, to Stockbridge Capital ...Read more
University of Chicago Unloads Student Housing
The University of Chicago continues selling off its residence halls. The institution just sold three...Read more
AT&T’s 1.6M-SF Chicago-Area Campus in Distress
Debt totaling approximately $56.7 million on the AT&T 1.6-million-square-foot corporate campus i...Read more
Walgreens’ Antitrust Concerns Wane with Rite Aid Acquisition
By: Daniella Soloway Although the government has thwarted several mergers this year (Office Depot/St...Read more
American Realty Advisors Nabs Google’s Chicago HQ
American Realty Advisors acquired the 1K Fulton, a Class A office building in Chicago’s River West...Read more
Road Extension Could Spur Chicago-Area Project
A proposed $6.6-million project to extend 191st Street, in Tinley Park, IL to connect with Oak Park ...Read more
$80M Suburban Chicago Office Sale Largest in 2016
Development firm John Buck Co. sold three office buildings from the Parkway Center in Deerfield, IL ...Read more
HFF Secures Construction Loan for West Loop Tower
Holliday Fenoglio Fowler, L.P. (HFF) arranged a construction loan for the development of a 20-story,...Read more
McDonald’s Relocates HQ to West Loop
McDonald’s Corp. is relocating its corporate HQ from Oak Brook, IL to downtown Chicago’s 1045 W....Read more
Illinois DOT Unveils $11B, Six-Year Infrastructure Plan
The Illinois Department of Transportation announced an $11.2 billion, six-year infrastructure repair...Read more
JLL Acquires Construction Consultant Merritt & Harris
In a move to boost its project and development offerings, Jones Lang LaSalle (JLL), headquartered in...Read more
CIM Completes Chicago’s Marquee at Block 37
CIM Group has completed construction of the 690-group Marquee at Block 37 apartment tower. Located a...Read more