Chicago

ALTO Fund II Goes Shopping in Metro Chicago

The real estate investment fund paid $32 million for a shopping center located in Homewood, Ill.

UChicago Starts Work on Research Facility Expansion

Designed by Perkins Eastman, the 63,500-square-foot expansion is scheduled for completion in 2017.

Hines JV to Recapitalize Chicago’s Citadel Center

The deal is reportedly the largest restructuring of a performing CMBS loan to date.

eSutures.com Expands Chicago Presence

The company now occupies a space in Will County, Ill., which is three times larger than its previous headquarters.

Marcus Cook, Senior VP of Baum Realty Group

Marcus Cook Joins Baum Realty Group as New Senior VP

The commercial broker has 18 years of experience in various branches of commercial real estate, including the hospitality sector.

Chicago Union Station Makeover Hits New Milestone

Arup will lead the design team for Phase 1 of the redevelopment, which is intended to restore the 90-year-old station to its former glory.

Chicago Sun-Times Printing Plant Reborn as Data Center

Mortenson Construction has completed the first phase of QTS Realty Trust’s new mega data center.

NY Life Real Estate Backs Midwest Industrial Portfolio

The company came through with a $120 million loan to finance a 15-property portfolio for Industrial Property Trust.

Brennan Completes Sale-Leaseback Deal in Suburban Chicago

The company has completed a sale-leaseback transaction for The Packaging Wholesalers’ headquarters in Cook County.

Ventas Enters Life Science Field with $1.5B Acquisition

The Chicago-based REIT will acquire all life science and medical real estate assets of Wexford Science & Technology from affiliates of The Blackstone Group.