City: Chicago

Commercial Property Executive Ann and Robert H. Lurie Children's Hospital of Chicago has broken ground on the Lurie Children's Schaumburg Outpatient, Primary Care and Infusion Center, a 75,000-square-foot medical office building in Schaumburg, Ill. The $60 million property is being ...

Commercial Real Estate Direct Staff Report The appraised value of the Hilton Suites Chicago Magnificent Mile, a 345-room hotel in Chicago, has been reduced to $61.9 million. That's down from the $63.1 million value pegged to it last year and ...

Chicago's central business district had 7.1 million sf of office space available for sublease in the first quarter, according to Cushman & Wakefield. That's down from the 8 million sf that was available in the fourth quarter of last year, ...

Crain's Chicago Business A local development group has proposed building a 256-unit apartment property at 2328 South Michigan Ave. in Chicago. The group, which consists of Fern Hill, Decennial Group and Rebel Hospitality, expect the two-building project to cost $100 ...

The Real Deal Charles Schwab is offering for sublease 135,000 square feet of office space at 100 and 150 South Wacker Drive in Chicago. The financial services company is the two-building property's largest tenant, leasing 145,543 sf through December 2027. ...

Commercial Property Executive NewMark Merrill has paid $22.4 million, or $191.55/sf, for Marketplace at Six Corners, a 116,941-square-foot retail center in Chicago. The Calabasas, Calif., company purchased the property from DRA Advisors, which was represented by Mid-America Real Estate Corp. ...

Crain's Chicago Business Berger Realty Group is offering for sale the 247-unit apartment property at 1100 North Dearborn St. in Chicago. The Southfield, Mich., company has hired CBRE to market the property, which comes to market without an asking price ...

Commercial Real Estate Direct Staff Report Northwestern Mutual Life Insurance Co. has provided $127 million of financing against 465 North Park, a 444-unit apartment property in Chicago's Streeterville neighborhood. JLL Capital Markets arranged the loan, which has a five-year term, ...

Crain's Chicago Business David Gassman has sold a portfolio of 17 apartment properties with 300 units in Chicago for $72.4 million, or $241,333/unit. The local investor sold the properties to eight different buyers in deals brokered by Essex Realty Group. ...