Illinois
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
Amazon to Open Two Illinois Centers
Amazon Inc. has announced plans to open two fulfillment centers in Edwardsville, IL, creating more t...Read more
Attics Become Apartments in Scarce Housing Markets
Apartment demand has increased since the Great Recession, and many younger renters can’t afford th...Read more
Mariano’s in Elmhurst, IL Sells for $25M
Following a less-than three-year hold, Inland Private Capital Corp. sold its Elmhurst, IL-based Mari...Read more
JLL Income Pays $73M for Alabama MF
JLL Income Property Trust has acquired the 276-unit Lane Parke Apartments at 2525 Parke Lane Court ...Read more
Chicago Main Street Post Office Plans Finalized
601W Cos. struck a deal to acquire and redevelop the Old Main Post Office near downtown Chicago. The...Read more
Chicago to Get a New Neighborhood
Developer Related Midwest has reportedly closed on 62 acres of undeveloped land in Chicago’s South...Read more