Chicago

Downtown Chicago Office Building Commands $198M

The office market is starting off strong in 2016 with Ivanhoe Cambridge and Callahan Capital Properties’ big purchase of a 796,000-square-foot Class A office building in Chicago’s Central Loop.

Inland Private Capital Enters Self-Storage Biz

Inland Private Capital Corp. has formed a strategic partnership with Metro Storage LLC, marking the launch of its self-storage investment platform it hopes to expand nationwide.

Mesa West Capital Lends a Hand to John Hancock Center

Mesa West Capital provided a $210 million loan to a partnership, led by Chicago-based Hearn Co., to refinance the office and parking spaces of the iconic Chicago landmark.

111 S. Wacker Drive - courtesy of The Telos Group

Deloitte-Anchored 111 South Wacker Earns LEED Platinum

The Class A office tower in Chicago has earned LEED Platinum certification, marking the sixth multi-tenant building in the city to earn the certification.

Baceline Grabs Value-Add Opportunity in Chicago Metro

An out-of-state investor is betting on Chicago’s value-add retail potential with its purchase of Century Plaza.

$251M Malcolm X College Debuts in West Side Chicago

The $251 million Malcolm X College & School of Health Sciences officially opened January 7 in Chicago’s West Side.

Optibase Makes $12.9M Investment in Chicago

Optibase Chicago invested $12.9 million in 300 River Holdings, the owner of the rights to a 23-story Class A office building at 300 S. Riverside Plaza.

Historic Hotel Near Northwestern U. Sells for $60M

Olshan Properties has bought the historic Hilton Orrington Hotel in Evanston, Ill.

UChicago Medicine Brings New Trauma Center to Hyde Park

The University of Chicago Medicine has announced plans to build a level 1 adult trauma center at its Hyde Park campus in South Side Chicago.

Philippe Roux-Dessarps

Hyatt Hotels Welcomes New VP of Global Brands

Philippe Roux-Dessarps will oversee the Park Hyatt brand in his new position at Hyatt Hotels Corp. in Chicago.