Chicago
Historic 850 Lake Shore Drive Earns Recognition from Chicago Association of Realtors
The conversion of the historic Lake Shore Athletic Club building into luxury apartments has won the 2014 Chicago Association of Realtors Good Neighbor Award. The distinction honors groundbreaking new and newly rehabbed or redeveloped properties in the Chicago metropolitan region that have augmented economic vibrancy in their neighborhood and boosted local pride.
Luxury Boutique Hotel Announces Opening in Chicago’s Andersonville Neighborhood
The Andersonville Guesthouse is set to expand and upon reopening, in the summer of 2014, will be rebranded into The Guesthouse Hotel.
$79 Million TIFIA Loan for the Reconstruction of the CTA’s 95th Street Red Line Station Secured
Mayor Rahm Emanuel and Senator Dick Durbin recently announced that $79 million in federal funding has been secured to finalize the funding of the new 95th Street Terminal on the Chicago Transit Authority’s Red Line.
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.