REIT to raze former Walgreens office buildings in Chicago suburbs as it looks to sell site
Orion Properties is knocking down structures in Deerfield, Illinois
A real estate investment trust is demolishing vacant office buildings once leased to drugstore giant Walgreens Boots Alliance in Chicago’s northern suburbs and looking to sell the ...
Site Centers extends sell-off with listing for Chicago retail property
Five-story building is anchored by Mariano’s grocery store
Site Centers is looking to sell a fully leased, grocery-anchored shopping center on Chicago’s North Side as the real estate investment trust shifts its investment focus.
Firm that ended Chicago office sales drought returns to buy 31-story tower
Menashe Properties has deal to buy building from Canadian pension fund
Nearly two years after snapping a drought of office tower sales in Chicago with its first deal in the city, an Oregon investor is coming back for another discounted purchase.
Boston firm looks to sell 197-unit apartment tower in Chicago’s River North
GID Investment Advisors bought Flair Tower for $85 million in 2011
A Boston-based real estate firm wants to sell a 197-unit apartment tower in River North, adding to a wave of multifamily offerings that have hit the market in recent months in down...
Colorado investor retreats from deal to buy 40-story office tower in Chicago
Real Capital Solutions had agreement to buy building at 190 S. LaSalle St.
A Colorado firm has backed off plans to buy a 40-story office tower in Chicago’s Loop business district in a deal that highlights the challenges of financing office deals — even on...
Apartments west of Chicago sell for $136 million, setting high mark for suburbs in 2025
Solomon Organization buys 640-unit Fifteen 98 Naperville from FPA Multifamily
A New Jersey-based investor has paid $136 million for a 640-unit apartment complex west of Chicago in the highest-priced multifamily sale in the suburbs this year and one of the bi...
Loft offices near Chicago’s Fulton Market listed for sale
Nine-story building is expected to sell at discount to value of loan that matures next year
The nearly two-decade owners of a loft office building near Chicago’s Fulton Market is looking to sell as its loan on the property approaches maturity, setting up another potential...
Canadian logistics firm signs large Northwest Indiana industrial lease near Ford plant
Hearn Industrial Services takes 197,587 square feet at East Chicago warehouse
A Canadian logistics company that supports Ford’s auto assembly plant on Chicago’s South Side has leased almost 200,000 square feet in a warehouse just across the state line in Ind...
After retail sell-off in Chicago area, New York investor lists offices in River North for sale
DRA Advisors, local partner M&J Wilkow seek buyer for six-story property
A New York-based investor that recently sold off a sprawling retail portfolio throughout the Chicago area is now looking to shed a small office property in the city’s River North n...
Chicago revamp shows how older office buildings can stay relevant
Beacon Capital Partners completes $32 million renovation of 36-story tower
The new owner of 36-story office tower at the bend of the Chicago River has completed a $32 million renovation and added new tenants in the process, extending a trend of fresh inve...
Chicago’s Foundry Park project could include nearly 3,300 residences
Details emerge in city letter to former Lincoln Yards site’s new developers
The developers taking over the northern part of the stalled Lincoln Yards megadevelopment on Chicago’s North Side are seeking city approval to build nearly 3,300 residences and mor...
Waterton looks to sell big apartment complex in Chicago’s South Loop
Chicago investor bought 346-unit Grand Central complex in 2023
Chicago-based multifamily behemoth Waterton is looking to sell a 346-unit complex in the South Loop that it bought less than two years ago, adding to an already huge inventory avai...
Boutique office building in Chicago’s River North overcomes challenging refinance market
Next Realty lands $11 million loan it plans to use as cash reserve
The longtime owner of a boutique office building in River North that houses several Chicago real estate development firms has secured a new loan through 2050, overcoming a daunting...
Property zoned for apartment tower in Chicago’s Gold Coast sells for $39 million
Convexity Properties buys State Street retail site for far below $61 million it sold for in 2019
More than six years after disclosing plans to knock down a vacant Barnes & Noble bookstore in Chicago’s Gold Coast and replace it with an apartment tower, a local developer has giv...
Mesirow sells apartments north of Chicago for $100 million, marking highest 2025 price in suburbs
TLC Management buys three-building, 294-unit complex in Vernon Hills, Illinois
A Chicago investor has paid $100 million for a 294-unit apartment complex north of the city, the highest-priced suburban sale thus far in 2025.
Chicago landmark office tower adds headquarters tenant
Sheridan Capital’s lease is part of Jewelers Building turnaround
Two real estate firms that bought a landmark office tower with a colorful history out of financial distress last summer have coaxed a private equity firm to move its headquarters t...
Only building completed in Chicago’s ambitious Lincoln Yards is for sale
Eight-story life science structure was completed in early 2023
The only completed building in the stalled Lincoln Yards megadevelopment on Chicago’s North Side is for sale as plans take shape for a new development team to bring thousands of re...
After buying loft office building in Chicago’s River North, R2 hunts for similar deals
Firm acquires six-story property for $7.5 million, half previous sale price
A Chicago developer has bought a loft office building in River North for half its previous value, the latest example of real estate investors making relatively low-priced bets on a...
Hunt for data center space starts earlier and earlier even with $1 trillion set to pour in, JLL says
Vacancy has reached all-time low despite record capacity
Developers could invest $1 trillion in North American data centers between now and 2030 after overall vacancy hit an all-time low despite a record amount of storage capacity.
Brookfield puts multifamily tower near Chicago’s Grant Park back on market
Sky55 and adjacent senior housing building previously were available last year
Brookfield Properties is trying once again to sell a two-building, 502-unit residential property near Grant Park in Chicago after a previous attempt last year, betting that improvi...