CBRE’s earnings top expectations as office leasing jumps
World’s biggest property services company sees gains in markets including New York, San Francisco and Los Angeles
CBRE, the world’s largest commercial real estate services company, posted better-than-expected earnings as office leasing surged for a second straight quarter in a sign of potentia...
New York Stock Exchange to move Chicago outpost to Dallas
Trading competition heats up in Texas
Dallas' status as a booming financial hub nicknamed as "Y'all Street" is getting another boost.
Developer fills massive warehouse that was built on speculation near Chicago
CenterPoint lands RJW Logistics Group at Joliet, Illinois, facility completed in late 2023
A major developer of logistics space has landed a tenant a nearly 1 million-square-foot facility that it completed on speculation in late 2023 along Interstate 55 southwest of Chic...
Apartments west of Chicago sell for $72 million, adding to recent run of deals
Laramar Group buys ReNew Downers Grove complex from FPA Multifamily
A 294-unit apartment complex west of Chicago has sold for just over $72 million, adding to a string of recent large deals in the suburbs.
Notre Dame hands Burnham-designed tower in Chicago back to lender
University had owned Railway Exchange Building at 224 S. Michigan Ave. since 2006
A Chicago building that was designed by Daniel Burnham and became the famed architect’s office home has been handed back to its lender by the University of Notre Dame Investment Of...
Oregon investor pays $94 million for 223-unit apartment tower in Chicago
Green Cities buys building less than two years after selling another property down the street
An Oregon-based multifamily investor has paid $94 million for a 223-unit tower near the Kennedy Expressway, just down the street from a Chicago property that it sold less than two ...
Apartment complex in Chicago suburbs sells for more than $75 million
Eastham Capital, Bender Companies buy 550-unit Haven Hoffman Estates
A 550-unit apartment complex northwest of Chicago has sold for more than $75 million, the first major deal in the suburbs of early 2025.
Massive Michelin distribution center for sale near Chicago tests demand
Property is one of French tire giant’s two US super-regional distribution centers
A Michelin tire distribution center southwest of Chicago that's as big as a skyscraper turned on its side is for sale in a deal that will test local property demand, where sales vo...
Whole Foods-anchored shopping center in Chicago’s South Loop could change hands for first time
BlackRock looks to sell Southgate Market almost two decades after developing it
The world’s largest asset manager is ready to sell a Whole Foods-anchored shopping center in Chicago’s South Loop that it has owned for nearly two decades in an offering that comes...
New Fortune Brands HQ near Chicago to include large shift of jobs from Ohio and Wisconsin
Largest relocation will be about 350 positions moving from Cleveland area to Deerfield, Illinois
When home and security products company Fortune Brands Innovations moves to a big new headquarters north of Chicago, it will cost some other Midwest states hundreds of jobs.
New deal would help Chicago’s Citadel Center remain an office stronghold
Hedge fund plans move from namesake tower in talks to bring in Bain & Co. as tenant
Billionaire Ken Griffin's Citadel hedge fund is looking to move its Chicago office from its namesake tower to a much smaller space after relocating its headquarters out of the city...
Revised plan for 349-unit apartment tower in Chicago’s Old Town takes big step forward
Fern Hill scales down scope of controversial project to win approval of alderman
Less than two weeks after shooting down plans for a big apartment tower in Old Town, a Chicago alderman has thrown his support behind a scaled-back design that would bring 349 unit...
Retail portion of Chicago’s high-profile Tribune Tower goes up for sale
CIM, Golub redeveloped rest of 36-story building on Magnificent Mile into residential condos
The ground floor of historic Tribune Tower is for sale, providing investors with the rare opportunity to own a piece of one of Chicago’s most recognizable buildings at a time when ...
Office tower along Chicago River set for $30 million in upgrades after discounted sale
Glenstar, Minnesota investor acquire building for just under $68 million
A local developer and a Minnesota-based investor plan $30 million in upgrades to a 40-story office tower along the Chicago River after completing the latest discounted purchase in ...
Big upgrades planned for Chicago apartment complex previously owned for decades by late Sam Zell
Centaur Capital, JDL pay $86.65 million for Cobbler Square Lofts in Old Town
A former Blackstone real estate executive and a Chicago developer have paid more than $86 million for a 292-unit apartment complex in Old Town, completing the first large multifami...
Longtime Carbit Paint property along Chicago River for sale as residential high-rise site
Development on Kingsbury Street would require zoning change
A paint company is looking to sell its former low-rise home along the Chicago River in what could become a high-rise residential play — if a buyer can unwind longtime zoning for th...
Cheap AI could be good for real estate
Low-cost innovations from China’s DeepSeek are expected to fuel data storage demand, property pros say
Chinese upstart DeepSeek’s arrival on the artificial intelligence world stage has upended technology giants, at one point slashing more than $1 trillion in value from stock market ...
Owners of 31-story Chicago office property seek tenants for second tower
Third Millennium forms joint venture with Hines to develop adjacent parcel
Longtime owners of a 31-story office tower on the western edge of Chicago’s Loop business district are reviving plans to build a second tower on the site, betting that they can ent...
Plan for 44-story apartment tower in Chicago’s Old Town suffers major setback
Alderman says he does not support Fern Hill’s 500-unit proposal
A Chicago developer’s plan to build a colorful, 44-story apartment tower in Old Town has been rejected by the local alderman after vocal opposition from neighbors, meaning the year...
Office building along Chicago River becomes largest to trade hands in city since 2018
Buyer is Arizona-based 3Edgewood, led by former owner of NBA’s Phoenix Suns
The real estate investment firm of former NBA team owner Robert Sarver has completed a nearly $89 million purchase of a sprawling structure along the Chicago River that's the large...