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Downtown Businesses Plan On Giving State Street A Deep Cleaning Every Week
News 3 months ago
Downtown Businesses Plan On Giving State Street A Deep Cleaning Every Week

Downtown Chicago may resemble a ghost town during much of the day, but the spread of the coronavirus makes it more important to keep it clean,...

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As COVID-19 Empties Out Rooms, City Throws Lifeline To Hotels And Patients
News 3 months ago
As COVID-19 Empties Out Rooms, City Throws Lifeline To Hotels And Patients

As the coronavirus continues to spread throughout the U. S., Chicago's hospitality industry has gone into the steepest dive in its history. Tourism...

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Hyatt Hotels To Begin Furloughing Employees And Cutting Pay
News 3 months ago
Hyatt Hotels To Begin Furloughing Employees And Cutting Pay

A wave of layoffs will soon hit the U. S. economy, and with fears of the coronavirus sending hotel occupancy rates down to nearly zero in some...

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This Week's Chicago Deal Sheet
News 3 months ago
This Week's Chicago Deal Sheet

A Chicago-based national construction and design firm has a lot of confidence in the long-term prospects of the Fulton Market District. CRG, the...

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Chicago CRE Professionals Are Adapting To The Coronavirus Crisis, And Keeping The Deals Flowing
News 3 months ago
Chicago CRE Professionals Are Adapting To The Coronavirus Crisis, And Keeping The Deals Flowing

The onset of the COVID-19 crisis hasn't brought much change to the workdays of some commercial real estate professionals. Chicago-based Cushman &...

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110 North Wacker Drive Approaching Lease-Up As Opening Day Nears
News 3 months ago
110 North Wacker Drive Approaching Lease-Up As Opening Day Nears

COVID-19 fears grip the city, but major leasing deals continue. Chicago-based real estate investment management firm Heitman signed a lease to...

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We’re About To Find Out How Durable The Coworking Business Model Is
News 3 months ago
We’re About To Find Out How Durable The Coworking Business Model Is

Coworking providers burst into the office sector over the past few years, but the spread of the novel coronavirus could throttle the nascent...

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This Week's Chicago Deal Sheet
News 3 months ago
This Week's Chicago Deal Sheet

Origin Investments acquired Monroe Aberdeen Place, a 120-unit apartment building in the West Loop submarket, for $65.8M. The seller was developer...

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Forced To Find New Ways Of Doing Business, Residential Providers Are Succeeding In Signing New Leases
News 3 months ago
Forced To Find New Ways Of Doing Business, Residential Providers Are Succeeding In Signing New Leases

Gov. J. B. Pritzker's series of weekend decisions to shut down schools, bars, restaurants and all large gatherings due to fears of the spreading...

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CBOT Owners Opt For Refinance Instead Of A Sale
News 4 months ago
CBOT Owners Opt For Refinance Instead Of A Sale

Finding buyers for downtown office buildings wasn't easy last year, and many owners instead opted to refinance properties they had been shopping...

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Empty Corporate Campuses Leave Some Suburbs Unfazed
News 4 months ago
Empty Corporate Campuses Leave Some Suburbs Unfazed

Sky-high vacancy rates plague many suburban office submarkets, and with blue-chip companies like McDonald's and Motorola Solutions recently...

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These 3 Chicago Attractions Got A High-Tech Engineering Makeover
News 4 months ago
These 3 Chicago Attractions Got A High-Tech Engineering Makeover

Sometimes even Chicago's most enduring attractions need a little care. In a city that prides itself on its architecture, keeping existing buildings...

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$1B Vista Project Showcasing Diversity In Construction
News 4 months ago
$1B Vista Project Showcasing Diversity In Construction

When completed later this year, the nearly $1B Vista Tower in Chicago's Lakeshore East neighborhood will be the tallest building in the world...

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Spear Street Going Against The Grain By Forging Big Deals For CBD Towers
News 4 months ago
Spear Street Going Against The Grain By Forging Big Deals For CBD Towers

Spear Street Capital is one of the few significant office investors that seems unconcerned with the prospect of rising property taxes in Cook...

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McCormick Center Loses Another Major Convention As Coronavirus Worries Grow
News 4 months ago
McCormick Center Loses Another Major Convention As Coronavirus Worries Grow

Another large convention set for Chicago's McCormick Place Convention Center was canceled due to worries over the spread of the novel coronavirus....

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This Week's Chicago Deal Sheet
News 4 months ago
This Week's Chicago Deal Sheet

Chicago-based The Habitat Co. started construction on Phase 1 of Ogden Commons, a $200M mixed-use project in Chicago's North Lawndale neighborhood....

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The Essential Role Of Preconstruction In Healthcare
News 4 months ago
The Essential Role Of Preconstruction In Healthcare

Few construction projects are as complex as those done in healthcare facilities. Besides contending with the intricate network of mechanical and...

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As Conventions Cancel Over COVID-19 Fears, Hotel Industry Waits Anxiously
News 4 months ago
As Conventions Cancel Over COVID-19 Fears, Hotel Industry Waits Anxiously

The novel coronavirus has killed 10 U. S. residents, including nine fatalities in Washington State, and at least five people in the Chicago region...

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After A Decade Of Waiting, Giant Mixed-Use Development Coming To Suburban Grayslake
News 4 months ago
After A Decade Of Waiting, Giant Mixed-Use Development Coming To Suburban Grayslake

More than a decade after it was first approved, a giant mixed-use development in northwest suburban Grayslake is finally underway. Medline...

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Sterling Bay Looking To Cash Out On Another Trophy Office Building
News 4 months ago
Sterling Bay Looking To Cash Out On Another Trophy Office Building

The investment market for office properties in the Chicago region reached a low ebb in 2019, but developer Sterling Bay is betting that trophy...

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'Why Would You Do That?' McHugh's Keri Woodring On The Diminishing Stigma Of Women In Construction
News 4 months ago
'Why Would You Do That?' McHugh's Keri Woodring On The Diminishing Stigma Of Women In Construction

Women have been making inroads into larger roles on construction sites, both as tradespeople and site managers, positions that always seemed a...

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This Week's Chicago Deal Sheet
News 4 months ago
This Week's Chicago Deal Sheet

Real estate investment plunged in 2019 throughout much of the Chicago metropolitan area, but several select neighborhoods, including South Loop and...

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