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The Centers for Disease Control released new guidelines for offices as they reopen amid the coronavirus. (Getty)

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...

CDC recommendations would drastically alter offices
A rendering of Bank of America Tower (Credit: Riverside Investment & Development)

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...

Heitman inks 60K sf lease for HQ at Bank of America Tower
225 W. Wacker Drive & Spear Street Capital founder John Grassi (Credit: Hines)

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...

The price was right: Spear Street buying Downtown office tower at discount
Ashkenazy CEO Ben Ashkenazy and 625 N. Michigan Avenue (Credit: Google Maps)

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...

Ashkenazy scores $61M loan for retail portion of Mag Mile office tower
Columbia Property Trust CEO & President E. Nelson Mills and 101 Franklin Street (Credit: Google Maps)

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...

Columbia Property Trust reports strong leasing activity in Q4 but stock edges down
The former McDonald's headquarters building in Oak Brook (foreground) and a rendering of the new HQ (Credit: NAI Hiffman, iStock)

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...

Suburban office market still scuffling amid companies migrating to city
John Buck (inset), Michael Shvo and 333 South Wabash Avenue (Credit: TJBC)

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”...

Michael Shvo-led group buying “Big Red” office tower for $370M
181 W. Madison St. and HNA Group Founder Chen Feng (Credit: Google Maps)

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...

Embattled Chinese firm HNA Group refinances Loop skyscraper
500 West Monroe Street and Spear Street Capital founder John Grassi (Credit: Google Maps)

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...

Downtown office tower trades for $412M
Renderings of Millennium on LaSalle  

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...

This office-to-luxury rental deconversion just got a big loan
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