Cushman & Wakefield hires executive from rival to lead Midwest at 'pivotal time'
Damla Gerhart will oversee region for Chicago-based real estate services firm
Cushman & Wakefield has picked an Avison Young executive to oversee its Midwest region as the current leader nears retirement and the global commercial real estate services firm's ...
Tech research institute to buy mostly vacant Chicago office tower
Discovery Partners Institute has contract for 16-story building
A University of Illinois-led technology research center has struck a deal to buy a 16-story office tower on Wacker Drive along the Chicago River for about $25 million after it back...
Italian retailers add to leasing run on Chicago's North Michigan Avenue
Intimissimi and Falconeri taking over former Cartier space
Two fashion brands from Italy are moving into the former Cartier space on North Michigan Avenue in Chicago, extending a run of leases on the city’s best-known retail corridor after...
Sold out of distress last year, 40-story office tower along Chicago River ready for makeover
New owners of 200 S. Wacker Drive to spend $30 million on upgrades
The new owners of a 40-story office tower along the Chicago River, who bought at a massive discount to previous pricing with a vow to pour $30 million into major upgrades, unveiled...
Apartment tower proposed on Chicago's North Side as rents climb
If approved, 340-unit high-rise would replace four-story building
Less than two years after buying a loft office building on Chicago’s North Side with plans to redevelop it, a team of local developers is changing course with plans to replace the ...
Israeli firm joining 128-acre quantum computing campus in Chicago
Quantum Machines to open lab within Illinois technology park
An Israeli software firm plans to open a lab within a 128-acre quantum computing campus under construction on Chicago’s south lakefront, a deal that comes as the project competes w...
Dutch firm expanding again in Chicago's Willis Tower
IMC adds office space for second time in less than four years
A Dutch trading firm is adding a large block of office space in Chicago’s tallest skyscraper, its second significant expansion in Willis Tower in less than four years.
Apartment complex near Chicago sells for $110 million
Woodlands of Crest Hill, with 730 units, sold for $95 million in 2023
A sprawling apartment complex southwest of Chicago has sold to an Indiana-based investor for $110 million, the biggest deal of early 2026 following an active year for transactions ...
Cresa names new CEO to lead brokerage's expansion
Ray Anderson succeeds Tod Lickerman, who remains onfirm's board
Cresa has hired Ray Anderson, a longtime consultant for large corporations, to take over as CEO of the commercial real estate brokerage that has aggressively expanded under outgoin...
Daniel Burnham-designed office building in Chicago sells for $41 million
New York-based 601W and David Werner Real Estate buy 22-story property
New York-based investors have bought a historic office building in Chicago’s Loop business district for $41 million, a fraction of the previous sale price about six years ago.
Chicago hotel, recently used as homeless shelter, sells for $13 million
Avasa Hospitality scoops up 15-story building out of foreclosure
A 122-room boutique Chicago hotel has sold for more than $13 million, setting up a new chapter for a property that in recent years served as a homeless shelter while the property w...
Irvine Co. mulls first sale of trophy office tower in Chicago
Billionaire Donald Bren’s firm has invested more than $2 billion on three-building portfolio
A California real estate firm that has invested more than $2 billion on trophy office towers in Chicago since 2010 is now mulling its first sale in the city.
After big loss on Chicago riverfront office building, Sterling Bay seeks sale of property across street
Parking garage billed as multifamily development play
A year after selling the 600 West Chicago office building along the Chicago River at a massive loss, a local developer is looking to sell a parking garage across the street as a mu...
Blackstone sells shopping center in Chicago suburbs at massive discount
Hutensky Capital buys Streets of Woodfield for $69 million, nearly $100 million below 2015 price
Blackstone has sold a shopping center alongside the largest mall in the Chicago area for $69 million, a fraction of the price the private-equity giant paid more than a decade ago.
Chicago firm buys building near Fulton Market as it seeks adaptable properties
R2 looks to land tenants ranging from podcasters to coffee roasters
A Chicago real estate firm has bought a high-vacancy loft property west of the city’s Fulton Market district as part of its strategy to assemble properties with uses that range fro...
Law firm doubles office space in move atop 36-story Chicago tower
Gould Grieco & Hensley plans move to PNC Centre
A law firm is nearly doubling its space in a move to the top floor of a 36-story tower in Chicago’s Loop business district, taking a small bite out of the historically high amount ...
NBA star Antetokounmpo's Chicago apartments deal extends buying spree
Previous deals by his family office were in Brooklyn and Wisconsin
Rumors have swirled for months that NBA star Giannis Antetokounmpo will be dealt by the Milwaukee Bucks.
Well-leased building in Chicago’s Fulton Market to test office investment demand
Landlord Sterling Bay hires JLL for sale of 11-story property
Chicago developer Sterling Bay is looking to sell an almost fully leased building in the city’s Fulton Market district in a deal that could provide a road map for 2026 pricing on n...
F1 Arcade’s new CEO shifts into fast lane of expanding hands-on retail sector
London native Jonathan Peters takes over top role from founder Adam Breeden
Jonathan Peters’ finance career took him to a wide range of industries before the experience of helping a U.K. chain of movie theaters expand led to a second act in hospitality.
Drugmaker Takeda to expand in suburban Chicago
Already an office tenant in Libertyville, Illinois, firm adds lab and industrial space
Takeda Pharmaceuticals is expanding its space in a more than 1 million-square-foot former Motorola Mobility campus in Chicago’s far northern suburbs, just a little more than a year...