Chicago
Governer Pat Quinn Praises 111 West Wacker Drive Development and Workers
As the long awaited 111 West Wacker Drive project gets closer and closer to completion, which is scheduled for this summer, Governor Pat Quinn recently saluted the developers and workers.
New Luxury Boutique Nobu Hotel and Restaurant Chicago to Open in 2016
Nobu Hospitality LLC recently announced plans for a new development in the West Loop of Chicago. The new luxury boutique Nobu Hotel and Restaurant Chicago will be located on the corner of Randolph and Preoria Streets and is scheduled to open early 2016.
The University of Chicago Lists Harper Court Complex for Sale with CBRE Group
The University of Chicago recently announced that it has listed the 12-story Harper Court complex for sale with commercial real estate firm CBRE Group.
First Hospitality JV to Redevelop Chicago’s Famed Purple Hotel
First Hospitality Group has entered into a joint venture with North Capital Group to reinvigorate Chicago’s iconic Purple Hotel into the new SpringHill Suites Lincolnwood.
Forsythe Technology to Build 221K SF “Retail Plus” Data Center Colocation Facility in Elk Grove Village
IT infrastructure Forsythe Technology recently announced it plans to design and build a state-of-the-art data center facility in Elk Grove Village, Illinois. The new 221,000-square-foot data center aims to address the needs of enterprises that are seeking for the best of both the retail and wholesale colocation data center markets.
Ashford Hospitality Prime Acquires Chicago Hotel for $153M
Ashford Hospitality Prime has acquired a 415-room hotel in the desirable Gold Coast submarket of Chicago from The Blackstone Group for $153 million.
USGBC: Top 10 States for LEED Green Building
A 57-story, 1.3 million-square-foot Class A office tower in Chicago has earned Platinum and Gold LEED certifications from the U.S. Green Building Council.
HFF Arranges Financing for $361M Purchase of Chicago Office Property
HFF did double duty for 10 and 120 South Riverside Plaza, a 1.4 million-square-foot office complex in Chicago.
Meridian Arranges $80M in Financing for 11-Property M-F Portfolio in Chicago
Even though the existing loans weren’t maturing for another one to three years, the owner of an 11-property multi-family portfolio in Chicago decided to refinance now, obtaining $80 million in permanent financing with the help of Meridian Capital Group.
NGKF Scores Retail Leasing Assignment at Chicago’s 100-Story John Hancock Center
The renowned John Hancock Center mixed-use tower in Chicago features a premier 190,000-square-foot retail segment, and Newmark Grubb Knight Frank has just been tapped to serve as its exclusive leasing agent by the owners of the space.