Chicago
Iconic Chicago Building’s Reno to Yield Increased Efficiencies
Equity Office, owner of the renowned Willis Tower, has selected technology firm Entic to help incorporate tools and practices at the 4.5 million-square-foot mixed-use office high-rise, which ranks as the tallest in the Windy City.
Montecito Snags 63 KSF Chicago-Area MOB
Built in 2008, Medical Pavilion South is a four-story health-care facility located on the campus of Franciscan Health Dyer Hospital.
NAI Hiffman Closes 3 Chicago-Area Office Transactions
The deals include two leases and one sale in Chicago’s East-West corridor, totaling more than 100,000 square feet in three different suburbs.
Obama Presidential Center Project on Track
After months of negotiations with the community and city legislators, the Obama Foundation has submitted a revised development plan with the City of Chicago for city zoning entitlements, marking the most important step toward breaking ground on the project.
Marcus & Millichap Arranges IL Office Building Sale
The modern, three-story asset is located in Decatur and was bought by a private California investor through a 1031 exchange.
SVN Facilitates Century-Old Chicago Building Sale
Drew Dillon, Chad Schroedl and Scott Maesel led the negotiation efforts on behalf of the seller, Gerding Elden. John Livaditis represented the buyer, RDG Funds.
Avison Young Welcomes New Principal, CFO
Christine Battist will be replacing Gary Hubbard and will oversee the firm’s finance and accounting organization.
Chicago-Area Hotel Changes Hands for $5M
Huff, Niehaus & Associates Inc. brokered the $4.5 million sale of the Best Western Plus La Porte Hotel and Conference Center, located within one hour of Chicago.
What’s Ahead for the Capital Markets in 2018
Lenders are showing no signs of slowing down in 2018 when it comes to commercial real estate. Matt Wurtzebach of Draper and Kramer Inc.’s Commercial Finance Group delves into what we can expect from the real estate capital markets this year.
Two Sign Leases at Chicago Trophy Tower
Andersen Tax took 26,000 square feet and will relocate from 222 W. Adams in May 2018, while JAMS will expand within the building by another 19,000 square feet.