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Developers Use Street Festivals To Attract Business
News 1 year ago
Developers Use Street Festivals To Attract Business

CHICAGO — It is a Sunday afternoon and Lincoln Avenue is shut down for six blocks from Fullerton and Halsted, north to Wrightwood and Sheffield for...

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Skender Opening Modular Building Factory In South Lawndale
News 1 year ago
Skender Opening Modular Building Factory In South Lawndale

Skender took another step forward in its new mission of integrating manufacturing, design and construction. The firm announced it signed a lease in...

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Beyond The Bones: Future-Proofing And Creating Value In Repositionings
News 1 year ago
Beyond The Bones: Future-Proofing And Creating Value In Repositionings

A building needs to have good bones. That is the first thing commercial real estate professionals who specialize in adaptive reuse and...

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Owners Of Longtime North Side Produce Stand Testing The Market Near Lincoln Yards
News 1 year ago
Owners Of Longtime North Side Produce Stand Testing The Market Near Lincoln Yards

The Lincoln Yards land speculation has begun. The owners of Stanley's Produce, a market that has been in operation near the megadevelopment's...

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Sam Zell Cashes Out Of Chicago Office Market With Triangle Plaza Sale
News 1 year ago
Sam Zell Cashes Out Of Chicago Office Market With Triangle Plaza Sale

Sam Zell is a step away from officially being out of Chicago, but he may live on in the 2018 record books — he stands a good chance of being...

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Big E-Commerce's Kung Fu Grip On Warehouses Is Opening Opportunity For Airbnb-Like Startups Flexe, Stord
News 1 year ago
Big E-Commerce's Kung Fu Grip On Warehouses Is Opening Opportunity For Airbnb-Like Startups Flexe, Stord

With e-commerce exploding — it accounted for nearly 13% of total retail sales last year and is expected to grow to 17% by 2022 — it may seem like a...

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This Week's Chicago Deal Sheet
News 1 year ago
This Week's Chicago Deal Sheet

The bulk of the 2.4M SF of new office space coming to downtown Chicago this year is from three buildings: McDonald's West Loop headquarters, CNA...

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Developer Planning Micro-Apartments On Site Of Popular Old Town Hot Dog Stand
News 1 year ago
Developer Planning Micro-Apartments On Site Of Popular Old Town Hot Dog Stand

The fate of another longstanding Chicago hot dog stand is uncertain after a local developer bought the site the stand calls home. The Domain Group...

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Chicago Trading Expands Footprint At 425 South Financial Place
News 1 year ago
Chicago Trading Expands Footprint At 425 South Financial Place

Chicago Trading Co. is expanding its office footprint at 425 South Financial Place. The trading firm completed a 114K SF lease renewal and...

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Tax Advisors Want More Clarity On The Future Of Opportunity Zones
News 1 year ago
Tax Advisors Want More Clarity On The Future Of Opportunity Zones

When Congress passed the Tax Cuts and Jobs Act in December, it left many members of the commercial real estate community with uncertainty. Several...

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Slate Office REIT Paying $126M For 120 South LaSalle
News 1 year ago
Slate Office REIT Paying $126M For 120 South LaSalle

Slate Office REIT CEO Scott Antoniak said his firm's $86M acquisition of 20 South Clark in January was the start of a U.S. expansion. The Toronto...

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Crescent Heights' Aggressive Downtown Selling Spree Continues With Burnham Pointe Deal
News 1 year ago
Crescent Heights' Aggressive Downtown Selling Spree Continues With Burnham Pointe Deal

Crescent Heights is cashing out on a South Loop apartment tower, three years after it bought the property. The Miami-based developer is selling...

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5 Unanswered Questions From Sterling Bay's First Lincoln Yards Community Meeting
News 1 year ago
5 Unanswered Questions From Sterling Bay's First Lincoln Yards Community Meeting

There was an electric atmosphere among the standing-room-only crowd of 500 people at Wicker Park’s Near North Montessori School Wednesday night....

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Design Planning And Commissioning Key To Building Sustainably
News 1 year ago
Design Planning And Commissioning Key To Building Sustainably

When an architecture or civil engineering team begins the initial design process for a commercial building, there are several details to consider....

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Crescent Heights Sells Its Third Downtown Apartment Tower In A Month
News 1 year ago
Crescent Heights Sells Its Third Downtown Apartment Tower In A Month

Crescent Heights is cashing out on a South Loop apartment tower, three years after it bought the property. The Miami-based developer is selling...

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3L Real Estate Will Convert South Loop Student Housing Into Market Rate Apartments
News 1 year ago
3L Real Estate Will Convert South Loop Student Housing Into Market Rate Apartments

3L Real Estate completed its second real estate acquisition in 12 months in the South Loop from Columbia College Chicago. The adaptive reuse...

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Beacon Capital Inks 2 Downtown Leases With WeWork
News 1 year ago
Beacon Capital Inks 2 Downtown Leases With WeWork

WeWork is aggressively expanding its Chicago presence. The coworking giant signed two leases with Beacon Capital Partners at AMA Plaza, 330 North...

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CA Ventures Refinances Loop Student Housing Complex For $55M
News 1 year ago
CA Ventures Refinances Loop Student Housing Complex For $55M

An affiliate of CA Ventures secured a $55M refinancing package for a downtown student housing community. The loan was originated by Square Mile...

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5 Recommendations To Bring CRE And Tech In Greater Harmony
News 1 year ago
5 Recommendations To Bring CRE And Tech In Greater Harmony

The commercial real estate industry has made great strides in embracing technology. But the panelists at Bisnow's Chicago CRE and Urbantech Summit...

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This Week's Chicago Deal Sheet
News 1 year ago
This Week's Chicago Deal Sheet

The Palmer House Hilton is the crown jewel in Thor Equities’ Chicago portfolio. Last week, the New York-based firm completed three retail leases...

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EXCLUSIVE: IM Properties On How U.S.-Style Lifestyle Centres Can Save Retail And Build Homes
News 1 year ago
EXCLUSIVE: IM Properties On How U.S.-Style Lifestyle Centres Can Save Retail And Build Homes

Can you unblock the housing crisis and rescue the retail sector in one superhero move? It's a big ask — but according to Midlands-based developer...

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16 Landlords Who Are Future-Proofing Their Office Buildings
News 1 year ago
16 Landlords Who Are Future-Proofing Their Office Buildings

Chicago's office owners are preparing their properties to meet present and future demand for reliable internet connectivity in the workplace. From...

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Reports: Former John Hancock Center Selling To Sterling Bay
News 1 year ago
Reports: Former John Hancock Center Selling To Sterling Bay

One of Chicago's most active developer/owners is reportedly taking control of one of Chicago's most iconic buildings. To-be-renamed 875 North...

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3 Ways Developers Are Engineering Value In Their Redevelopments Before Construction Begins
News 1 year ago
3 Ways Developers Are Engineering Value In Their Redevelopments Before Construction Begins

While value engineering can be used at any point in a construction project, more developers are evaluating value engineering opportunities early in...

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Sterling Bay Unveils Renderings Of New West Loop Chicago Public Library Branch
News 1 year ago
Sterling Bay Unveils Renderings Of New West Loop Chicago Public Library Branch

Sterling Bay released renderings of a new Chicago Public Library branch in the West Loop. The branch, which will be the library system's 81st when...

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Cedar St. Recapitalizes Bush Temple Of Music, Set To Break Ground On Adjacent Apartment Tower
News 1 year ago
Cedar St. Recapitalizes Bush Temple Of Music, Set To Break Ground On Adjacent Apartment Tower

Cedar St. Cos. will break ground later this month on a 16-story micro-apartment tower adjacent to the historic Bush Temple of Music after bringing...

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Sterling Bay To Build New Library Next To McDonald's HQ
News 1 year ago
Sterling Bay To Build New Library Next To McDonald's HQ

Sterling Bay released renderings of a new Chicago Public Library branch in the West Loop. The branch, which will be the library system's 81st when...

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National Association Of Realtors To Build An Apple-Inspired Rooftop Conference Center As Part Of Major HQ Overhaul
News 1 year ago
National Association Of Realtors To Build An Apple-Inspired Rooftop Conference Center As Part Of Major HQ Overhaul

The building the National Association of Realtors has called home for 56 years is getting a much-needed facelift. The real estate trade group is...

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Chicago Office Sales In 2018 Have Already Eclipsed Last Year's Volume
News 1 year ago
Chicago Office Sales In 2018 Have Already Eclipsed Last Year's Volume

Sterling Bay's purchases of Prudential Plaza and 600 West Chicago propelled Chicago's 2018 office building trade volume past last year's totals...

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This Week's Chicago Deal Sheet
News 1 year ago
This Week's Chicago Deal Sheet

Investor interest in North Center office real estate is gaining momentum. Echo Development Group is the latest firm to enter the North Side...

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