Home » Cities »  (Page 12)

Chicago


Canadian Onni Group Closing on Purchase of 200 N. LaSalle Office Tower

Canadian Onni Group Closing on Purchase of 200 N. LaSalle Office Tower

By Gabriel Circiog, Associate Editor Vancouver, B.C.-based Onni Group is closing on its first Chicago investment after agreeing to pay over $95 million for a Loop office high-rise with a past-due loan. ChicagoRealEstateDaily.com reports that the Canadian real estate company is [...]…

Continue reading →

Bond Cos. Plans Mixed-Use Project for Roosevelt Road

Bond Cos. Plans Mixed-Use Project for Roosevelt Road

By Gabriel Circiog, Associate Editor The Bond Cos., a Chicago-based developer, plans to build a mixed-use project between Canal and Clinton streets just north of Roosevelt Road, according to ChicagoRealEstateDaily.com. The plan calls for around 200,000 square feet of retail space [...]…

Continue reading →

Latham & Watkins to Relocate from Willis Tower to 330 North Wabash Avenue

Latham & Watkins to Relocate from Willis Tower to 330 North Wabash Avenue

By Gabriel Circiog, Associate Editor Prime Group Realty Trust announced that Latham & Watkins, LLP has executed a lease agreement and will relocate its Chicago headquarters to 330 North Wabash Avenue in or around April 2014. The law firm will occupy [...]…

Continue reading →

MetLife Inc. Acquires EnV 294-Unit Luxury Apartment Tower

MetLife Inc. Acquires EnV 294-Unit Luxury Apartment Tower

By Gabriel Circiog, Associate Editor MetLife Inc., through a subsidiary, has purchased EnV, a luxury multifamily property in Chicago’s River North neighborhood. The 29-story high rise was acquired from LYND Development Partners, the developer of the tower. CBRE’s Chicago office, on [...]…

Continue reading →

Hearn Co. Acquires 55 W. Monroe St. Office Tower; John O’Donnell Plans New Office Building

Hearn Co. Acquires 55 W. Monroe St. Office Tower; John O’Donnell Plans New Office Building

By Gabriel Circiog, Associate Editor The 803,000-square-foot office high-rise at 55 W. Monroe St. has been purchased by Hearn Co. for $136 million, ChicagoRealEstateDaily.com reports. The deal was brokered by Chicago-based Jones Lang LaSalle Inc., which announced Hearn financed the acquisition [...]…

Continue reading →

GE Capital Looking to Offload Three Suburban Office Complexes

GE Capital Looking to Offload Three Suburban Office Complexes

By Gabriel Circiog, Associate Editor GE Capital will sell three suburban office complexes, totaling around 1.2 million square feet, ChicagoRealEstateDaily.com reports. The properties were acquired in 2007 by the General Electric Co. for $302 million but they are likely to get [...]…

Continue reading →

Sara Lee Corp. Chooses Chicago as Home of the New American Meats Co.

Sara Lee Corp. Chooses Chicago as Home of the New American Meats Co.

By Gabriel Circiog, Associate Editor The Downers Grove, Ill.-based Sara Lee Corp. will relocate its new North American Meats corporate headquarters in 2013 to Chicago’s 400 S. Jefferson Street, Mayor Rahm Emanuel has announced. Sara Lee Corp. announced earlier this year that [...]…

Continue reading →

L&B Realty Advisors Buys 304-Unit Multi-Housing Community; Ascend Real Estate Group Plans Mixed-Use Building

L&B Realty Advisors Buys 304-Unit Multi-Housing Community; Ascend Real Estate Group Plans Mixed-Use Building

By Gabriel Circiog, Associate Editor HFF (Holliday Fenoglio Fowler L.P.) recently closed the sale of a 304-unit luxury multi-housing community in Chicago’s River North neighborhood. The 25-story community, 77 West Huron, was marketed on behalf of the seller, Archstone. L&B Realty [...]…

Continue reading →

Laramar Group to Buy Historic Belden-Stratford; Prudential Acquires 439,434-Square-Foot Office Tower

Laramar Group to Buy Historic Belden-Stratford; Prudential Acquires 439,434-Square-Foot Office Tower

By Gabriel Circiog, Associate Editor The landmark Belden-Stratford, overlooking Lincoln Park, is being acquired by Laramar Group for nearly $60 million. ChicagoRealEstateDaily.com reports the 297-unit apartment hotel, located at 2300 Lincoln Park West, was bought from an affiliate of IRMCO Properties [...]…

Continue reading →

$550M Redevelopment Project Proposed Near McCormick Place

$550M Redevelopment Project Proposed Near McCormick Place

By Gabriel Circiog, Associate Editor A massive redevelopment plan is surfacing again for the strategic parcel of land located near McCormick Place on two square blocks between Cermak Road and 21st Street. As the Chicago Journal reported earlier this year, the [...]…

Continue reading →

Aon Corp. and PricewaterhouseCoopers LLP Top the Year in Office Lease Transactions for Chicago

Aon Corp. and PricewaterhouseCoopers LLP Top the Year in Office Lease Transactions for Chicago

By Gabriel Circiog, Associate Editor Two of the largest office lease transactions in Chicago this year were reported this week by ChicagoRealEstateDaily.com. The insurance brokerage company Aon Corp. tops the charts this year after renewing a lease for about 400,000 square [...]…

Continue reading →

First Office High-Rise Since 2010 to be Built in Downtown Chicago; Shorenstein Properties Acquires Former Apparel Center

First Office High-Rise Since 2010 to be Built in Downtown Chicago; Shorenstein Properties Acquires Former Apparel Center

By Gabriel Circiog, Associate Editor Since 2010, when the Blue Cross Blue Shield Building at 300 E. Randolph was completed, downtown Chicago has not seen the rise of any new office buildings. A report on the market by CB Richard Ellis [...]…

Continue reading →