Chicago
Direct 1031 Exchange Buys Chicagoland Office Building
The 23,500-square-foot building is part of the Poplar Creek district in Hoffman Estates and is leased for the next 20 years to WT Group.
Westwood Acquires Chicago Amazon-Anchored Store
The 2,800-square-foot retail space is located at the ground floor of a mixed-use building featuring three stories of luxury residential units.
Suburban Chicago Office Towers Land $60M Refi
Zeller Realty Group received the financing for two seven-story buildings totaling 350,000 square feet in the North Shore submarket. HFF arranged the loan through Ares Commercial Real Estate Corp.
Duke Realty Sells IL Industrial Building
Neuco, a distributor of HVACR replacement parts, acquired the roughly 145,000-square-foot Bolingbrook property to serve as its new corporate headquarters.
Golub & Co. Sells Interest in Chicago High-Rise
The locally based international real estate developer will continue as operator, manager and leasing agent of Orrington Plaza, a 20-story trophy office building in Evanston, Ill.
Retail Properties of America Sells Last Office Asset
Schaumburg Towers in Schaumburg, Ill. comprises 895,400 square feet across 20 floors and sold for $86.6 million, a $51.4 million difference since the company purchased the campus in 2004.
Cawley Chicago Expands Executive Team
Zach Pruitt and Nicholas Schaefer were appointed as principal and vice president, joining three other former colleagues from their previous workplace, NelsonHill.
Baker Completes Chicago Office Redevelopment
The 2017 N. Mendell project called for the repurposing of a century-old industrial building between the Chicago River and Elston Avenue, which offers customizable spaces ranging from 3,800 to 17,000 square feet.
NAI Hiffman Secures 3 Tenants for IL Office Building
The company represented Napleton Auto Group in three lease transactions totaling more than 13,000 square feet at One Oakbrook Terrace in Oak Brook.
What Do Top Executives Look For in an Office?
Emily Kream, director of construction with Irvine Co., discussed the current trends in C-suite workspace design and what makes the Chicago office market stand out.