California firm backed by high-profile individuals buys office complex near Chicago
Tryperion Holdings acquires Mid America Plaza in Oakbrook Terrace, Illinois, for $59 million
A Beverly Hills, California-based private equity firm backed by high-profile U.S. business figures has paid $59 million for a two-building office complex near Chicago.
Sears store turned apartments on Chicago’s North Side sells for $29 million
Deal for 59-unit property resolves foreclosure suit
A former Sears store that was converted into apartments on Chicago’s North Side has sold for $29 million in a deal that resolves a foreclosure suit and adds to a busy year for mult...
What Trump’s marijuana policy shift means for real estate
President recently signed executive order reclassifying drug to less dangerous designation
President Donald Trump recently issued an executive order directing the reclassification of marijuana as a less dangerous drug. The move could be a first step toward attracting new...
How are real estate professionals designing their spaces? Take a look at CBRE’s new Chicago office.
Firm opens location in 60-story downtown tower
The world’s largest commercial real estate services firm has moved its Chicago office just a few hundred feet down the street.
Mars plans new Chicago office after $36 billion acquisition of Kellanova
Candy giant strikes deal at Trammell Crow’s Fulton Labs building
Candy giant Mars is planning a large office in Chicago’s Fulton Market after its recent acquisition of Kellanova for $36 billion.
McKinsey eyes sublease in Chicago’s Salesforce Tower
Consulting giant enters talks to lease three floors along river from namesake tenant
Consulting giant McKinsey & Co. is in talks to move its Chicago office to the 60-story Salesforce Tower along the Chicago River, in the latest example of blue-chip tenants in major...
Dallas investor enters Chicago multifamily market with nearly $94 million acquisition west of city
S2 Capital buys 344-unit Ovaltine Apartments in Villa Park, Illinois
A Dallas-based real estate investor has entered the Chicago multifamily market with a nearly $94 million acquisition west of the city, one of the highest-priced suburban deals in a...
Big Ten Network keeps TV studio at riverside building after exploring Chicago options
College sports broadcaster signs long-term lease extension
The Big Ten Network has signed a long-term extension to keep its offices and television studio in a sprawling former Montgomery Ward warehouse along the Chicago River, notching a v...
Owner of historic Chicago office property buys out lender
Blue Star negotiates discounted deal with Wells Fargo to keep 10-story building
A Chicago real estate investor has bought out its lender on a vintage building near Union Station, keeping control of its longtime property in a twist on the trend of discounted of...
Following largest Chicago multifamily purchase since 2023, California investor adds nearby tower
Affiliate of FPA Multifamily pays $89 million for 263-unit building
Weeks after pulling off the highest-priced multifamily sale in Chicago since 2023, a California investor has paid $89 million for a nearby tower in the Streeterville neighborhood.
In rare win among distressed offices, Brookfield nears long-term lease extension in Chicago
River North building handed back to lender is headquarters for retail arm
Brookfield’s retail arm is committing to a long-term extension of its Chicago lease in a sprawling River North office building, providing some good news for bondholders of a $310 m...
Apartment high-rise planned near Chicago’s Diversey Harbor
Continuum wants to demolish medical office building for residential project
A Chicago developer plans to knock down a medical office building near Diversey Harbor on the city’s North Side and replace it with an approximately 300-unit residential high-rise,...
Boeing sells former Chicago headquarters for $22 million
Hines, Stahl Organization acquire leasehold interest in 36-story tower
Boeing has sold its former headquarters along the Chicago River for $22 million, becoming a tenant in the 36-story tower more than three years after moving top executives to suburb...
Indiana Bears? Chicago’s NFL team plans to widen search for new stadium site.
Front office’s focus was previously on lakefront, northwest suburbs
The Chicago Bears pro football team, after an earlier focus on a new lakefront stadium in the city or a sprawling, mixed-use stadium complex in the northwest suburbs, is expanding ...
In one sign of US office recovery, 2023 buyer of Chicago tower lands loan for full purchase price
Menashe puts $45 million in debt on building about two years after all-cash deal
About two years after paying $45 million for a 29-story tower that ended a drought on Chicago office sales, an Oregon investor has secured a loan for the full value of the purchase...
Retail home of Chicago’s French Market food hall for sale
Space next to Ogilvie Transportation Center opened in 2009
Retail space connected to Chicago’s Ogilvie Transportation Center, including the European-inspired French Market, could change hands for the first time since it opened in 2009.
Aimco to sell Chicago-area multifamily portfolio for $455 million as REIT liquidates
Buyers LaTerra Capital, Respark Residential to assume debt in 1,495-unit deal
A Denver-based multifamily investor has struck a $455 million deal to sell a seven-property, 1,495-unit portfolio in the Chicago area as part of the real estate investment trust’s ...
Past meets future: In Chicago, 2025 property sales are rich in history
Many buildings with ties to the past or architectural significance changed hands
Historic buildings change hands every year, but 2025 stands out in Chicago for its lengthy list of commercial property sales with colorful ties to past business empires, pop cultur...
Chicago condos-to-apartments tower sells for almost $57 million
Deal for 207 units results in apparent loss for Strategic Properties of North America
More than eight years after buying all the condominiums in a 30-story tower on Chicago’s North Side and converting them to 207 rental units, a New Jersey-based developer has sold t...
Chicago retail investor adds three buildings in North Side corridor that is 100% leased
North American Real Estate buys portfolio on Southport Avenue
A few months after buying the retail portion of the iconic Tribune Tower, a Chicago investor has added a three-property portfolio in a North Side corridor where there are no vacant...