Midwest
Loews Hotels & Resorts Buys Intercontinental Chicago O’Hare Hotel
Making another move in the Midwest, Loews Hotels & Resorts signed a deal to acquire the InterContinental Chicago O’Hare Hotel, a 556-room hotel in Rosemont, Ill., just outside of Chicago.
Pathfinder, Meriwether JV to Acquire Luxury Colo. M-F Community
Pathfinder Partners has teamed with the Meriwether Cos. to acquire The Shores at Breckenridge, a planned 20-building community on the banks of the Blue River in Breckenridge, Colo.
RADCO Buys 512-Unit M-F Community in Metro Denver for $95M
The RADCO Cos. has acquired Parc Belmar, a 512-unit apartment community in Lakewood, Colo., from a local developer for $95 million.
Ascent to Develop New Data Center in St. Louis Tech Corridor for $85M
Ascent, a St. Louis-based provider of solutions for the development, design and operation of data centers, is expanding its footprint in its hometown, with plans to develop a new multi-tenant facility spread across 15 acres of a greenfield site.
Executive Insight, Mike Scilingo, Urban Innovations
Urban Innovations, an owner and manager of commercial real estate in Chicago, takes a unique viewpoint of its portfolio. Company president Mike Scilingo talks about where it’s seeking opportunity and next steps for its portfolio.
Branding Benefits: Walgreen’s Sustainability Efforts vs. the Competition
In a cut-throat, thin-margin consumer marketplace, Walgreen Co.’s portfolio sustainability endeavors help differentiate the brand from the competition.
Replicating Success: The Nuts & Bolts of Walgreen’s Net-Zero Model
In designing its retail store in Evanston, Ill., Walgreen Co. management tasked the facilities team with engineering a net-zero store that can be replicated across the country on a large-scale basis.
Starwood Retail to Buy 7 Taubman Malls for $1.4B
Starwood Capital’s two-year-old retail affiliate agrees to acquire properties in Virginia, South Carolina, Florida, Texas and Michigan.
JPMorgan Chase Makes $100M Commitment to Revitalize Detroit Communities
The city of Detroit just got a boost that will have an enduring impact. JPMorgan Chase & Co. has announced a $100 million, five-year commitment to bolster the economic recovery of the city, which, in 2013, became the largest city in U.S. history to file for bankruptcy.
Michelin Inks 1.7 MSF Lease at RidgePort Logistics Center in Chicago Area
Tire-manufacturing giant Michelin has entered into a build-to-suit agreement under which it will lease 1.7 million square feet of distribution space at the RidgePort Logistics Center in Wilmington, Ill.