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Amazon isn’t afraid of NYC’s high taxes
News 11 months ago
Amazon isn’t afraid of NYC’s high taxes

(Bloomberg)—Apparently, some people don’t mind paying high taxes. Amazon.com Inc.’s highly publicized search for a second headquarters is hurtling...

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Developer drops $74 million on big warehouse project in Bolingbrook
News 11 months ago
Developer drops $74 million on big warehouse project in Bolingbrook

Bridge Development Partners paid nearly $74 million for a four-building warehouse property in Bolingbrook, the biggest industrial real estate deal...

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Co-working firms expanding downtown
News 11 months ago
Co-working firms expanding downtown

Co-working company Industrious is opening its biggest Chicago location, and a Chicago-based rival is ramping up its local presence as shared-office...

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What $1.5 million bought in October
News 11 months ago
What $1.5 million bought in October

Homebuyers with about $1.5 million to spend this summer found sharp places in brand-new or nearly new condition in the West Loop, North Center and...

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Chicago loses Amazon HQ2
News 11 months ago
Chicago loses Amazon HQ2

Amazon has chosen, and Chicago has lost out. The retail behemoth will put its so-called second headquarters in New York City and Northern Virginia,...

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Amazon makes it official
News 11 months ago
Amazon makes it official

Amazon has chosen, and Chicago has lost out. The retail behemoth said this morning that it will put its so-called second headquarters in New York...

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Amazon close to picking 2 locations for new headquarters
News 11 months ago
Amazon close to picking 2 locations for new headquarters

Amazon.com Inc.’s yearlong search for a second headquarters is nearing an end, people with knowledge of the matter said. The e-commerce giant is...

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Sales launch at condos at rezoned North Branch site
News 11 months ago
Sales launch at condos at rezoned North Branch site

A condominium building will lead the way in a developer's three-piece project on an Elston Avenue site in North Branch Corridor, where city...

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Bill Daley, Emanuel take whacks at Target over South Side closures
News 11 months ago
Bill Daley, Emanuel take whacks at Target over South Side closures

The pushback on Target’s decision to close two South Side stores gained some big momentum today, as a leading mayoral hopeful called for the city...

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Good times roll on for industrial landlords
News 11 months ago
Good times roll on for industrial landlords

Industrial landlords kept their winning streak alive in the third quarter, as the booming economy continued to fuel strong demand for warehouse...

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Emanuel readies push for huge new TIF districts
News 11 months ago
Emanuel readies push for huge new TIF districts

Racing against the electoral clock, the Emanuel administration is moving quickly to lock in development deals for a series of megaprojects in...

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Ferrara Candy eyeing Post Office for HQ
News 11 months ago
Ferrara Candy eyeing Post Office for HQ

Ferrara Candy may move its headquarters to the Old Main Post Office after a previous deal to relocate to a new West Loop building collapsed. The...

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If Amazon picks Atlanta, it'll face booming costs to build
News 11 months ago
If Amazon picks Atlanta, it'll face booming costs to build

Atlanta is one of 20 locations on Amazon.com Inc.’s list for a second headquarters and increasingly a draw for other high-profile companies. It’s...

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Raise founder Bousis hires a new CEO from DoorDash
News 11 months ago
Raise founder Bousis hires a new CEO from DoorDash

George Bousis, who founded gift-card marketplace Raise in 2013, has handed over the keys to a new CEO and hired two other top executives as he...

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New Toys R Us owners mull physical stores
News 11 months ago
New Toys R Us owners mull physical stores

(Bloomberg)—The hedge funds that now own the Toys “R” Us brand plan to relaunch the toy retailer as a standalone operation next year, according to...

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Yeti to open store at former Double Door site in Wicker Park
News 11 months ago
Yeti to open store at former Double Door site in Wicker Park

Outdoor products company Yeti confirmed it’s opening a store in the longtime former home of Wicker Park music venue Double Door. The company,...

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Really want to help Chicago? Give up on that ‘mansion tax.'
News 11 months ago
Really want to help Chicago? Give up on that ‘mansion tax.'

As Rahm Emanuel heads for the exits, talk of a new kind of leader, the sort who will defy corporate Chicago's influence and shake up the status quo...

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Alderman moves to downzone River North site
News 11 months ago
Alderman moves to downzone River North site

Downtown Ald. Brendan Reilly is making life difficult—again—for a development group that proposed a 60-story tower in River North last year....

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Loop student housing project sells for $77 million
News 11 months ago
Loop student housing project sells for $77 million

With real estate investors paying up for student housing, a group of Chicago developers is cashing out of a 384-bed residence hall in the Loop. A...

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CBRE enters the co-working business
News 11 months ago
CBRE enters the co-working business

CBRE, the world's largest real estate services firm, is jumping into the growing business of flexible workspace. The $13.75 billion company has...

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JLL arm betting big on commercial real estate debt
News 11 months ago
JLL arm betting big on commercial real estate debt

(Bloomberg)—LaSalle Investment Management, an arm of Jones Lang LaSalle, is betting big on U. S. commercial real estate debt. LaSalle is acquiring...

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Four Seasons condo sells swiftly, at full $4.4 million asking price
News 11 months ago
Four Seasons condo sells swiftly, at full $4.4 million asking price

A condominium at the Four Seasons in the Bloomingdale's building on North Michigan Avenue took just 15 days to land a buyer and sold Oct. 31 for...

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McDonald's selling Oak Brook land to residential developer
News 11 months ago
McDonald's selling Oak Brook land to residential developer

An Atlanta-based developer has a deal to buy a 34-acre site in Oak Brook from fast food giant McDonald's and turn it into a gated community of...

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Pushback builds over Target decision to shut South Side stores
News 11 months ago
Pushback builds over Target decision to shut South Side stores

Target’s decision to shut two South Side stores is sparking some serious pushback here, pushback that could escalate quickly in a looming mayoral...

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Amid loan woes, owner of big Woodridge shopping center walks away
News 11 months ago
Amid loan woes, owner of big Woodridge shopping center walks away

The owner of a big shopping center in west suburban Woodridge is handing over the property to its lender after losing two of its biggest tenants...

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Sterling Bay gets into the life sciences game
News 11 months ago
Sterling Bay gets into the life sciences game

Sterling Bay has added yet another type of real estate to its quickly expanding portfolio: life sciences lab space. The Chicago-based developer...

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City inks new deal with Hilton to run upgraded O'Hare hotel
News 11 months ago
City inks new deal with Hilton to run upgraded O'Hare hotel

The Emanuel administration has reached a deal on revamping hotel operations at O'Hare International Airport that will bring the city an additional ...

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Sears tries to avoid Toys R Us fate with holiday push
News 11 months ago
Sears tries to avoid Toys R Us fate with holiday push

Weeks after filing for Chapter 11 bankruptcy protection, Sears is hoping to convince consumers that it's still open for business this holiday...

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Developer adds tech spin to Englewood project
News 11 months ago
Developer adds tech spin to Englewood project

Square Roots, an urban farming startup founded by Kimbal Musk, has agreed to run a high-tech farm in shipping containers at Englewood Square....

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Fulton Market apartments sold to Australian company
News 11 months ago
Fulton Market apartments sold to Australian company

An Australian hotel and casino owner paid $14 million for a luxury apartment building on the western edge of the Fulton Market District, joining a...

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