CDC recommendations would drastically alter offices
Sweeping new recommendations from the nation’s health protection agency would drastically alter how people work in offices. The Centers...
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Heitman inks 60K sf lease for HQ at Bank of America Tower
Real estate investment firm Heitman has inked a lease for 60,000 square feet at Riverside Investment & Development and...
The price was right: Spear Street buying Downtown office tower at discount
Chicago office market sales activity has plummeted over the last year, but one investor is all in. Spear Street...
Ashkenazy scores $61M loan for retail portion of Mag Mile office tower
Ashkenazy Acquisition Corp. has secured $61 million in financing for the retail portion of a 27-story Magnificent Mile office...
Columbia Property Trust reports strong leasing activity in Q4 but stock edges down
Columbia Property Trust’s funds from operations slid in 2019 from the year before. The office real estate investment trust...
Suburban office market still scuffling amid companies migrating to city
The suburban office market continued its struggles at the end of 2019, amid a trend that has seen companies...
Michael Shvo-led group buying “Big Red” office tower for $370M
A partnership led by New York investor Michael Shvo is buying John Buck Company and Morgan Stanley’s “Big Red”...
Embattled Chinese firm HNA Group refinances Loop skyscraper
After putting it on the market about two years ago, indebted Chinese conglomerate HNA Group has refinanced a 50-story...
Downtown office tower trades for $412M
The numbers are in: Spear Street Capital paid $412 million for a West Loop office building in one of the city’s biggest investment sales deals of the year. When it was reported in October...
This office-to-luxury rental deconversion just got a big loan
A developer of upscale apartments secured a $73.5 million loan for the long-awaited conversion of a century-old office building...
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