Japanese retailer Uniqlo, still drawn to downtowns, plots US expansion
Apparel seller to open flagships near stores it shut down in Chicago, San Francisco
Japanese apparel retailer Uniqlo is planning 11 store openings across the United States in 2026, including some in areas where it has closed spaces in recent years.
Walgreens corporate workers to leave Chicago’s sprawling Old Post Office
Drugstore giant is consolidating office employees on headquarters campus in Deerfield, Illinois
Walgreens Boots Alliance plans to vacate its large office within Chicago’s Old Post Office, the ultrawide structure whose redevelopment the drugstore giant played a key role in, as...
Nearly two decades after hitting airwaves, Big Ten Network considers moving Chicago studio
Sports broadcaster is said to be weighing three options within city
Nearly two decades after the Big Ten became the first college sports conference to launch its own television network, helping spark massive changes that continue these days, the br...
Denver-area investor engages in talks to buy 35-story Chicago office tower
Negotiations come after Real Capital Solutions recently backed off deal to buy another building in city
A Denver-area investor is in talks to buy a 35-story office tower on the Magnificent Mile after attempts to buy another property in Chicago recently fell apart.
$700 million joint venture buys industrial outdoor storage properties near Chicago
Zenith IOS, along with JPMorgan, buys two properties for combined $13 million
A New York-based real estate company has bought two industrial outdoor storage properties near Chicago as part of a $700 million joint venture with JPMorgan.
Lifestyle brand Kith to open its first Midwest store in Chicago
New York-based apparel retailer is coming to Gold Coast
Lifestyle apparel brand Kith is set to open its 15th U.S. store, and its first in the Midwest, in Chicago’s Gold Coast as the area lures new retailers.
Massive quantum computing complex breaks ground in Chicago after US Steel sells land
Federal- and state-backed campus holds promise for technological breakthroughs
Thirty-three years after U.S. Steel closed a massive plant along Chicago’s south lakefront, developers have broken ground on a federal- and state-backed quantum computing campus th...
As AI demand soars, here’s what can go wrong in data center development
Obstacles can emerge as time challenges, cost, power requirements and complexity rise
Nvidia’s recently announced deal to invest $100 billion in ChatGPT parent OpenAI is the latest in a seemingly never-ending run of ambitious artificial intelligence projects, a euph...
Starbucks abandons some high-profile urban locations around the country
Drop in foot traffic, feisty drive-thru rivals have dinged Starbucks, analysts say
Of the hundreds of locations that Starbucks is closing, many are in high-profile and busy urban areas — prime retail real estate — as a post-pandemic drop in downtown foot traffic,...
Salesforce lines up second sublease tenant for its 60-story skyscraper in Chicago
Wind Point Partners enters talks to take full floor at 333 W. Wolf Point Plaza
A Chicago private-equity firm is looking to move its headquarters to Salesforce Tower along the Chicago River in a sublease deal with the 60-story skyscraper’s namesake tenant.
North Side Chicago retail center hits the market
Buildings leased to major tenants have never sold since being developed 20 years ago
Two decades after cleaning up a former paint manufacturing site on Chicago’s North Side and building retail structures for tenants including Best Buy and Kohl’s, a Chicago develope...
Chicago soccer stadium approval sets up city’s first new pro sports venue since 1990s
Major League Soccer’s Fire to build 22,000-seat stadium along river
The Chicago Fire has won final approval to build a 22,000-seat soccer stadium just south of the Loop business district, paving the way for the city’s first new professional sports ...
Perot’s Hillwood joins Clarius Partners for industrial development near Chicago
Firms begin building one of largest projects of its kind in south suburbs
The real estate investment firm of Texas billionaire Ross Perot Jr. has joined a local developer to kick off one of the largest speculative industrial developments in the Chicago a...
Chicago-area firm closes $250 million fund for industrial investments
TradeLane Properties invests in markets throughout central US
A Chicago-area real estate firm has closed a $250 million fund to invest in industrial properties in its home market and throughout the central United States.
Sterling Bay unloads site in Chicago’s Fulton Market zoned for apartment tower
Sale of $18 million comes as developer shifts direction
Sterling Bay has sold a Fulton Market site where it previously planned to build a 573-unit apartment tower, the latest in a series of moves to reshape the well-known Chicago develo...
601W nears deal for office building in Chicago
New York firm is in talks to buy 22-story downtown property
Three years after Brookfield Properties was hit with a foreclosure suit on a big office building in Chicago’s Loop business district, one of the city’s biggest office landlords is ...
Two Chicago office tenants are expanding as landlords make upgrades
MidCap Financial and Rewards Network sign new deals as property owners improve amenities
Two longtime owners of Chicago office towers have landed expanding tenants, still a rarity more than five years after the onset of COVID-19, as they make upgrades to stay competiti...
Redevelopment of former Motorola corporate campus near Chicago enters big new phase
UrbanStreet Group breaks ground on Veridian retail district in Schaumburg, Illinois
The remake of Motorola’s sprawling former campus in Chicago’s northwest suburbs is entering its next phase after a local real estate company broke ground on a new retail district.
Shopping center near Chicago sells for $100 million
Seller Red Mountain Group acquired Algonquin Commons out of distress in 2021
A California-based real estate developer has sold a shopping center near Chicago for $100 million, one of the highest sale prices in the area in recent years, after buying it out o...
Recent tower buyers on Chicago’s Michigan Avenue add $91 million loan
Cedar Street and Kayne Anderson paid $122 million for Millie on Michigan apartments
More than two months after buying a big apartment tower on North Michigan Avenue, two investors have added about $91 million in debt on the property amid signs of an uptick in prop...