Chicago
Expansion Team: Mark Doran on Transwestern’s Growth Strategy
Insights from COO Mark Doran on the strategy behind Transwestern’s recent acquisitions the Boston and Chicago markets.
Amata Opens New Shared Office Center at 150 South Wacker Drive
Amata Office Centers has recently announced it is opening its sixth shared office center in Chicago featuring 16,950 square feet of space. Occupying the entire 24th floor of the building located at 150 South Wacker Drive in the West Loop neighborhood, the shared office center is scheduled to open May 1.
Global Law Firm Leases 200 KSF at Chicago’s Willis Tower
Global law firm Seyfarth Shaw has agreed to lease about 200,000 square feet at the 110-story Willis Tower in downtown Chicago in a 15-year-deal that will boost the iconic skyscraper’s occupancy past 90 percent.
Magid Glove & Safety Buys 703 KSF Industrial Building in Romeoville, Ill.
America’s leading manufacturer of hand protection and first aid, Magid Glove & Safety, has bought 1300 Naperville Drive, a 704,000-square-foot industrial building in Romeoville, Ill. for an undisclosed amount.
JLL Secures $333M in Financing for Zurich North America’s HQ in Suburban Chicago
JLL has secured more than $333 million in financing for the new 11-story, 735,000-square-foot, Class A suburban Chicago headquarters of Zurich North America.
HOK-Designed Clark and Grand Hotel Complex Achieves LEED-NC Silver Certification
HOK recently announced that The Clark and Grand Hotel Complex has achieved Leadership in Energy and Environmental (LEED) Design for New Construction (NC) Silver certification from the U.S. Green Building Council.
Sumitomo Corporation of Americas Acquires Chicago’s Trophy 203 North LaSalle
Commercial real estate services firm Avison Young announced that it has completed an office property acquisition on behalf of Sumitomo Corporation of Americas within a trophy-class building in downtown Chicago.
Select Income REIT Closes $188M Acquisition of 820 KSF Office Property in Suburban Chicago
Select Income REIT has gotten its hands on a premier 820,000-square-foot office asset in suburban Chicago, courtesy of a sale-leaseback transaction with Tellabs Inc.
Governor Quinn Announces New “Welcome Home Illinois” Home Loan Program for First-Time Buyers
Governor Pat Quinn recently announced the new Welcome Home Illinois program which aims to help Illinois’ first-time home buyers. The program provides $7,500 in down-payment assistance with an interest rate as low as 3.99 percent for a secure, 30-year fixed rate mortgage.
DLA Piper Leases 175 KSF of Office Space in Chicago’s West Loop
Global law firm with 4,200 lawyers DLA Piper has signed a 175,000-square-foot lease office space at River Point in Chicago’s West Loop area and will relocate its Chicago office.