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May 2, 2025
Chicago’s tight Armitage retail avenue squeezes in new tenants
New tenants are squeezing into one of Chicago’s top North Side retail avenues amid historically low vacancy, underscoring how the wealthiest urban areas are thriving despite broader economic worries.
May 2, 2025
Major mall near Chicago, approved for $440 million redevelopment, goes up for sale
After landing zoning approval and public backing for a $440 million overhaul of a huge shopping mall in Chicago’s northern suburbs, the property’s longtime owner is looking to hand off the ambitious, mixed-use project to another developer.
May 1, 2025
CBRE hires veteran to execute institutional deals; Avison Young taps executive for Denver; JLL names workplace management leader
CBRE pursues institutional business with New York hire
May 1, 2025
Top property sales recognized for Chicago
A prominent office deal handled by JLL and a multifamily disposition arranged by CBRE are among the top first-quarter property sales recognized by CoStar.
May 1, 2025
Top retail leases recognized for Chicago
Prominent retail leases signed by Vasa Fitness, Sky Zone and Urban Air Adventure Park negotiated by top dealmakers from Brixmor Property Group and Mid-America Real Estate are among the first-quarter retail leases recognized by CoStar.
May 1, 2025
Top industrial leases recognized for Chicago
Prominent industrial leases signed by Uline, RJW Logistics Group and Orbus Exhibit & Display Group negotiated by top dealmakers from EQT Real Estate and NAI Hiffman are among the first-quarter industrial leases recognized by CoStar.
May 1, 2025
Top office leases recognized for Chicago
Prominent office leases signed by Fortune Brands Innovations, BP and Stripe negotiated by top dealmakers from JLL and Tishman Speyer are among the first-quarter office leases recognized by CoStar.
April 30, 2025
Cresa expands national retail practice in 'historically tight' market
Cresa is fortifying its national retail practice with the addition of a six-person team as the brokerage looks to capture more market share with shop space at a premium across the United States, even in the face of closings by struggling chains.
April 30, 2025
Canadian pension fund looks to sell 31-story office tower in Chicago
A major pension fund in Canada is looking to sell a 31-story office tower in Chicago’s Loop business district in what could become the latest example of downtown properties trading at steep discounts to pre-pandemic values.
April 29, 2025
Cushman & Wakefield wades through tariff uncertainty as leasing picks up
Cushman & Wakefield reported jumps in office and industrial property leasing as clients make real estate decisions in the face of U.S. tariff concerns.
April 29, 2025
Chicago firm raises curtain on exterior of one of tallest US skyscrapers under construction
One of the tallest skyscrapers under construction in the United States has begun receiving its unique facade, a key step in a Chicago project that by the time it is completed in 2027 will include enough exterior glass to cover more than six football fields.
April 29, 2025
Here’s the office building where this urban farmer could grow broccoli, cabbage and more
A company aiming to make Chicago a national model for urban farming is planting roots next to the city’s tallest skyscraper, signing the first of a planned series of long-term leases in downtown office properties.
April 28, 2025
Coliving apartments gain momentum as one solution for empty offices
The concept of transforming vacant office buildings in cities across the country into shared-living style apartments is gaining support as a way to ease a shortage of cost-effective housing and revitalize downtown business districts.
April 25, 2025
Sterling Bay looks to sell well-leased office building in Chicago’s Loop
Chicago developer Sterling Bay is looking to sell a well-leased and recently renovated office building in the Loop business district in a deal that could test the strength of the investment sales market.
April 25, 2025
Colliers hires veteran to chase industrial deals; Cushman adds team from Parkway; Transwestern promotes executive to lead digital growth
Colliers pursues industrial business with Philadelphia hire
April 24, 2025
Google's headcount is spiking, but don't expect major office deals to follow
Google parent company Alphabet has hired thousands of employees and hit record levels of revenue over the past year, but that growth isn't expected to translate into significant expansions to its office portfolio as the company keeps its foot on the brake when it comes to workspace-related real estate investments.
April 23, 2025
CalSTRS commits $150 million to Nuveen’s self-storage strategy
Nuveen, the investment manager of TIAA, has lined up new capital to build a portfolio of self-storage properties across the United States.
April 23, 2025
Chicago firms think scale of River North multifamily project will be just right
Chicago developers have bought River North land where they plan an apartment project that they believe will be big enough to help meet high rental demand but small enough to get financed and built.
April 22, 2025
Vacant Chicago loft building finds buyer as W.P. Carey exits office sector
A Chicago developer is working on a deal to buy a vacant loft building near the border of the Loop business district and Fulton Market as seller W.P. Carey winds down its office investments throughout the world.
April 21, 2025
Local firm to buy former Chicago Daily News building, owned for decades by late billionaire Sam Zell
A Chicago real estate firm known for redeveloping historic properties plans to buy the historic former home of the Chicago Daily News from the estate of late billionaire Sam Zell, paving the way for the first change in ownership in half a century.