Chicago
Ventas Taps New EVP Office, President of Lillibridge Healthcare
Peter Bulgarelli will lead the company’s integrated 25 million-square-foot ambulatory medical office building and university-based life science portfolio.
American Bar Association Renews Chicago Lease
A team of brokers from Savills Studley, led by Eric Feinberg and John Goodman, negotiated the lease expansion on behalf of the organization. The agreement includes tenant improvement concessions and lower rent expenses.
Bluemercury Comes to Chicago’s Fulton Market
The luxury beauty and spa chain signed a lease for 1,800 square feet at the 900 West mixed-use development. The store is expected to open in the summer of 2018.
L3 Snags Chicago Retail Building
The property comprises 10,141 square feet and is fully occupied by The Northern Trust Corp. Mid-America Real Estate Corp. brokered the transaction on behalf of the seller.
CenterPoint IL Spec Building Fully Leased
The building, situated within the CenterPoint Intermodal Center-Joliet/Elwood, comprises 751,622 square feet and was leased to a home improvement retailer and CTDI.
Lettuce Entertain to Open New Chicago Restaurant
The retailer signed a 38,000-square-foot lease at 321 N. Clark St. in Chicago’s River North neighborhood. The restaurant is slated to open in the summer of 2019.
Brown Commercial Arranges Sale of 3 Chicago Industrial Assets
Gilberts and Groves LLC purchased the properties, totaling 136,000 square feet, for $7 million. Two of the assets are in Elk Grove Village and the other is situated in Gilberts.
The Story Behind Chicago’s NEWCITY: One for the Books
The $275 million mixed-use project took a decade to materialize, overlapping the recession. Structured Development’s Jeff Berta takes us behind the scenes of what he described as the most challenging project he worked on in a career spanning roughly 30 years.
Ridge Completes, Sells Chicago Industrial Building
The 186,000-square-foot speculative project is located within Brewster Creek Business Park. Ridge broke ground on the development in the summer of 2017.
Ryan Cos. to Break Ground on Elmhurst MOB
Situated in the heart of Elmhurst, Ill., the company will develop a two-story medical office building, which will feature enhanced lobbies and modernized systems.