Chicago
Opus Breaks Ground on Spec Industrial Building
The 495,977-square-foot development will mark the company’s first development in the Greenwood area and is scheduled for completion in the second quarter of 2018.
Gilbane Adds Member to Chicago Team
Kevin Connolly will serve as the new senior manager of business development and will be in charge of the company’s private sector growth initiative.
First Look at the $500M Willis Tower Redevelopment
Blackstone and Equity Office are bringing the former Sears Tower into the 21st century with a mega-makeover that will turn the iconic office building into a modern workspace with leisure amenities, technology and experiential dining.
Siemens Pumps $20M in Chicago R&D Hub
Dubbed The Siemens Building Technologies CPS Software House, the building will operate as a global software development competence center. The facility is scheduled to open in early October 2017.
$350M Marriott Marquis Chicago Opens
Acting on behalf of the Metropolitan Pier and Exposition Authority, a joint venture led by Clark Construction Group recently completed the headquarters hotel, delivering a 1,205-key lodging destination connected to McCormick Place, the largest convention center in North America.
Barnett Capital Sells 2 MSF Industrial Portfolio
Located predominantly in the Midwest, the properties netted Barnett Capital $84 million, a tidy sum for snapping up assets in the Chicago area, the company’s target market.
River North Gym Opens New Chicago Location
Savills Studley worked on behalf of the tenant in the lease of the 26,502-square-foot space on Goose Island. The new place will complement the company’s main club located within Merchandise Mart.
Phillips Edison Expands Holdings With Illinois Retail Buy
The REIT is on a mission to enlarge its grocery-anchored shopping center business, this time with the purchase of a Chicago suburb property anchored by local chain Mariano’s.
Chicago Hyatt Centric Trades for $110M
Deka Immobilien purchased the hotel from Murphy Development Group. HFF represented the seller in the transaction for the 257-key asset.
Marcus & Millichap Expands Chicago Downtown Office
The company added 6,000 square feet of space to its office at 333 W. Wacker Drive and is currently enlarging its Oak Brook team.