Investment - Chicago

  • Chicago’s Historic Wrigley Building Could Be Up for Sale

    The owners, a group that includes Zeller Realty and BDT Capital Partners, have something to chew on, since the iconic Mag Mile office property may fetch more than $200 million.

    05 March 2018 11:35
  • Two Equity Commonwealth Office Assets Fetch $670M

    In separate deals, the company has closed on the disposition of both 600 W. Chicago Ave. in Chicago and 1600 Market St. in Philadelphia.

    27 February 2018 13:04
  • Sterling Bay Buys Chicago Office Tower for $510M

    In its largest purchase ever, the REIT snapped up the 1.6 million-square-foot 600 W. Chicago Ave., home to Groupon’s headquarters, from Equity Commonwealth.

    26 February 2018 12:38
  • Trending Capital Sources in 2018

    Ginsberg Jacobs’ co-founder provides his outlook for the real estate financing environment for the next 12 months, including which asset classes and capital sources will shine this year.

    07 February 2018 14:29
  • Starwood Capital Snaps Up Chicago Trophy Tower

    ING Capital led a $297.6 million financing package for the acquisition of One South Dearborn, an 827,538-square-foot building at the corner of Dearborn and Madison streets.

    07 February 2018 12:02
  • Chicago-Area Hotel Changes Hands for $5M

    Huff, Niehaus & Associates Inc. brokered the $4.5 million sale of the Best Western Plus La Porte Hotel and Conference Center, located within one hour of Chicago.

    18 January 2018 19:19
  • What’s Ahead for the Capital Markets in 2018

    Lenders are showing no signs of slowing down in 2018 when it comes to commercial real estate. Matt Wurtzebach of Draper and Kramer Inc.’s Commercial Finance Group delves into what we can expect from the real estate capital markets this year.

    17 January 2018 18:01
  • Equity Office Offloads Suburban Chicago Asset for $47M

    The recently renovated five-story office building features 275,000 square feet of space and serves as the corporate headquarters for Essendant.

    11 January 2018 13:05
  • Carter Validus Sells Data Center for $315M

    An affiliate of Digital Realty Trust LP is the new owner of a 250,000-square-foot data center situated in the Chicago suburb of Northlake, Ill.

    18 December 2017 12:43
  • EquiCap Brokers Sale of IL Self-Storage Facility

    The company represented the seller and the buyer, a Chicagoland-based operator, in the transaction. The Minooka, Ill., facility, All American Self Storage, fetched $2.3 million.

    15 December 2017 20:12
  • 1 MSF Chicago-Area Office Complex Sells for $78M

    Partners Long Wharf Capital and Hamilton Partners sold the two-building campus consisting of One Pierce Place and 500 Park Blvd. in Itasca, Ill., to a joint venture involving Balfour Pacific Real Estate Fund IV and Hamilton Partners.

    13 December 2017 11:40
  • Chicago-Area Self-Storage Facility Changes Hands

    Marcus & Millichap marketed the 44,000-square-foot facility located in Romeoville on behalf of a private investor, representing the buyer as well.

    08 December 2017 15:39
  • Mixed-Use Center Sells for $13M in Chicago Suburbs

    Marcus & Millichap brokered the sale of Metropolitan Square, a grocery-anchored lifestyle center, in Des Plaines, Ill. The firm represented the seller and procured the buyer.

    14 November 2017 16:18
  • CBRE Puts Chicago Retail Property on the Market

    Elston Logan Plaza is fully leased to XSport Fitness, Panera Bread and Mattress Firm. CBRE Vice President Keely Polczynski will be in charge of listing the property.

    08 November 2017 18:28
  • NAR, JLL Keen on 2018

    Sharing their thoughts at the 2017 Realtors Conference & Expo, economists from the National Association of Realtors and JLL expressed confidence in the 2018 commercial real estate market.

    07 November 2017 10:46