REIT buys mall from construction company for $29M
A small shopping center on Chicago’s North Side sold for $29 million to a REIT specialized in neighborhood retail...
Commercial Real Estate
Suburban Chicago office complex sells to New York firm in priciest deal this year
A giant corporate complex in Chicago’s northern suburbs changed hands for $190 million, the priciest sale in the suburbs...
Ex-AT&T campus in Chicago suburb lands biggest lease
Crystal Clean, an industrial waste management provider with more than 90 branches and waste recovery centers across the nation,...
Mag Mile sale for $94M shows where stability lies as pricing adjusts
As landlords deal with distressed debt and high vacancies on Chicago’s Magnificent Mile, the sale of the Neiman Marcus...
Fulton Market building on pandemic leasing streak lands $26M loan
Surviving and thriving during the pandemic by signing a series of leases even as downtown offices emptied earned an...
Weekend Edition
Welcome to Chicago, Bally’s. It’s about to get windy
One week after winning a hard-fought campaign to develop Chicago’s first casino, Bally’s is learning that the city’s most-used...
Chicago’s `Houdini’ prepares to double down on Chicago’s distressed LaSalle Street
Chicago developer Michael Reschke is nearing a deal to buy a $191 million loan for two Loop towers at...
Howard Hughes Corp. has strong first quarter after dumping Chicago tower
Howard Hughes Corp., had a profitable first quarter, thanks to the sale of its stake in Chicago’s 110 N...
Shuttered Wicker Park bar says it was “scapegoated” by cops
A Wicker Park bar shuttered by police in February after two shootings nearby in four months now says it...
Life Time bets clients will come for the gym, stay for the coworking space
Come for the gym. Stay for the office space. Athletic club operator Life Time is ramping up its coworking...