Chicago
Billionaire Buys Former McDonald’s HQ Campus
The quick-service restaurant chain sold the 80-acre site in Oak Brook, Ill., to John Paul DeJoria, following the company’s move to downtown Chicago last year.
Brennan Investment Group JV Buys 1.3 MSF Chicago Warehouse
The real estate firm and a client of Arch Street Capital Advisors purchased the fully leased property through the $300 million USIPA – Brennan Ventures II LLC investment vehicle.
Hotel Development: Trends, Challenges and Opportunities
McHugh Construction Vice President Kate Ivanova shares her views on the changes that the hospitality sector in Chicago is going through, as well as her role as a woman in the construction environment.
Brennan Investment Group Sells 182 KSF Chicago-Area Industrial Portfolio
Principals Erik Foster, Mike Wilson, Chris Lydon and Chris Tecu from Avison Young worked on behalf of the seller in the two-building transaction.
Skender Opens Chicago Health-Care Center
The new Esperanza Health Center in Brighton Park is a 26,000-square-foot building featuring innovative design and color-shifting metal panels on the façade.
PREMIER Design Breaks Ground on IL Facility for Sterling Bay
The company will work with Cornerstone Architects and Spaceco to develop the 153,000-square-foot industrial facility, which will provide extensive frontage on Interstate 55.
RDG Funds Receives Financing for Historical Chicago Asset
CBRE’s capital markets debts and structured finance team arranged the $8.3 million loan. The 1865-built asset is located in the West Loop neighborhood.
Chicago-Area Recreation Center Becomes Passive House Leader
Wight & Co. recently completed the Prairie Activity and Recreation Center in Plainfield, Ill., the first building of its kind constructed for PHIUS+ Source Zero certification.
JLL to Anchor Chicago-Area Office Building
The company will anchor one of the three buildings at the Oakmont Point office campus, consolidating its operations in Westmont and Lombard.
Coworking Opportunities: Spotlight on Chicago
Industrious Real Estate Manager Bryant Au points out how growing demand for coworking space might affect prominent commercial buildings and weighs in on the implications of non-compete clauses.