Jeff Sutton picks up stake in former Hermes store on Madison Avenue
New York
Dec 17, 2024

Jeff Sutton picks up stake in former Hermes store on Madison Avenue

SL Green sells interest in Van Cleef & Arpels spot for $34M
Max Mara Family Buys Chicago Luxury Retail from Latsko
Chicago
Dec 17, 2024

Family behind Max Mara pays $17M for Oak Street luxury retail

Seller Fred Latsko said price for 41 East Oak, leased to Bottega Veneta, amounted to “robbery” despite billionaire bidders from across globe
Cook County study reveals systemic flaws in commercial property taxes, urges reform
Chicago
Dec 13, 2024

Cook County study reveals systemic flaws in commercial property taxes, urges reform

Report highlights inconsistent methodologies between the Cook County Assessor's Office and the Board of Review
Macy’s Looks to Sell $275M of Real Estate Next Year
National
Dec 13, 2024

Macy’s ups next year’s property-sale target to $275M 

Raised expectations come as Joe Sit pushes retailer to sell sites
Hutensky takes on $68M debt to buy retail from Washington Prime
Chicago
Dec 6, 2024

Hutensky takes on $68M debt to buy retail from Washington Prime

Connecticut-based buyer picks up Bloomingdale, Orland Park shopping centers from spinoff of mall giant Simon Property Group
Acadia scores Brandy Melville’s Gold Coast expansion as brand adds second Chicago store
Chicago
Nov 26, 2024

Acadia scores Brandy Melville’s Gold Coast expansion as brand adds second Chicago store

Fashion brand tripled footprint of women’s store with move to Acadia-owned building while remaining at Fred Lev’s 64 East Walton with plans to add a refreshed store there
Matteson picks up final Lincoln Mall parcel, boosting redevelopment prospects
Chicago
Nov 25, 2024

Matteson picks up final Lincoln Mall parcel, boosting redevelopment prospects

South suburb now controls full 60-acre site of long-shuttered retail property
Real Estate Pros Ding and Dote on Chicago at Lincoln Park Event
Chicago
Nov 22, 2024

Real estate bulls — and woes — accent Lincoln Park Builders Forum

Hundreds of industry veterans gathered to drink and dine while dinging and doting on Chicago
Floyd Mayweather Jr. Buying Stake in Ex-Versace Mansion
South Florida
Nov 21, 2024

Floyd Mayweather Jr. buying stake in former Versace Mansion in Miami Beach

Mayweather acquiring majority of Eli Gindi’s interest in the Ocean Drive property now called Villa Casa Casuarina
Feil’s $75M suburban Chicago mall loan back to special servicing
Chicago
Nov 20, 2024

Feil’s $75M suburban Chicago mall loan back to special servicing

North Riverside Park Mall owner missed October maturity after $9M renovation
Nassimi Buys South Loop Retail at Discount from DRA Advisors
Chicago
Sep 30, 2024

Nassimi nabs South Loop retail at 65% discount

Joffco Square fetches only $9.3M after sellers DRA Advisors valued it at $27M nine years ago
Brookfield Weighing Sale of Fifth Ave Retail Asset
New York
Sep 17, 2024

Brookfield weighs sale of Fifth Ave retail asset

Coach’s flagship store occupies space at 685 Fifth Avenue
DC Retail Vacancy Trending Towards 5-Year Low
Washington D.C.
Sep 10, 2024

DC retail vacancy moving towards 5-year low

Net absorption also expected to surpass 950K sf: Marcus & Millichap
CBRE sues suburban shopping center landlord in another leasing dispute
Chicago
Jul 22, 2024

CBRE sues suburban shopping center landlord in another leasing dispute

Seeks $550K it says Atlanta-based investor RD Sharma has refused to cough up
Revival Food Hall Closing Loop Space due to Slow Return-to-Office
Chicago
Jul 8, 2024

Revival Food Hall closes Loop space due to slow return-to-office

Venture tied to development firm Blue Star that helped set off new wave of cafeteria-style dining spaces in urban centers is pulling out of 125 South Clark Street
Judge dings Sterling Bay on retailer’s $515K early post-pandemic exit
Chicago
Jun 6, 2024

Judge dings Sterling Bay on retailer’s $515K early post-pandemic exit

Landlord of converted Montgomery Ward warehouse could owe more than $600K based on anemic return to office
Vista Property Fetches $12M for West Loop Retail
Chicago
Jun 5, 2024

Vista fetches $7M for West Loop retail as property value soars

California-based buyers Zareh Michael and Melina Khalaj Issakhanian assumed mortgage for 901 West Madison from Hymie Mishan and Saul Sutton’s firm