David Simon Passes Away After Battle with Cancer
March 23, 2026
CREFC’s Lisa Pendergast Retiring in August
March 20, 2026
Brookfield Revives GGP Name for Malls
January 7, 2026
State: Illinois - IL
1201 West Lake St.
The property opened in 2019 and is 85% leased, with ServiceNow anchoring it on a 48,000-sf lease. Other tenants include Schafer Condon Carter and Coca-Cola.
Lease Renewal, Expansion Signed at Chicago Office Backing Troubled CMBS Debt
Crain's Chicago Business Stripe has agreed to renew and expand its lease at the 1.3 million-square-foot office property at 350 North Orleans St. in Chicago. The online payment company, which had been in 89,000 sf, will now lease 222,000 sf ...
2001 Baseline Road
TradeLane bought the property through its TradeLane Properties U.S. Industrial Fund III, which closed last September after raising $250 million of equity commitments. The fund has $625 million of buying power. The property was built in 1974 and is 49% ...
Prologis Buys Industrial Development Site Near Chicago for $29.3Mln
Crain's Chicago Business Prologis has paid $29.3 million for a 25-acre development site at 375 Army Trail Road in Glendale Heights, Ill., which is about 42 miles west of Chicago. The San Francisco industrial REIT acquired it from Audacy, which ...
Nuveen Pays $26Mln for Chicago-Area Retail Center
Crain's Chicago Business Nuveen has paid $26 million, or $370.67/sf, for the Shops of Uptown, a 70,144-square-foot shopping center in Park Ridge, Ill., about 15 miles north of Chicago. The Chicago investment manager acquired the retail property from Phillips Edison ...
Distressed Chicago Office Could Get a New Owner
Crain's Chicago Business The buzz is that a venture of Anagram Real Estate and Glendon Capital Management is in talks to buy the office component of Chicago's River North Point mixed-use property out of foreclosure. Trigild of Dallas is the ...
Mortgage Against Chicago’s One South Wacker Office Gets into Hot Water
Commercial Real Estate Direct Staff Report The $343 million loan against the 1.2 million-square-foot One South Wacker Drive office building in Chicago has transferred to special servicing. The loan, which was provided by Blackstone Mortgage Trust and funded in part ...
La Quinta Hotel in Chicago Sells for $30.5Mln
Crain's Chicago Business Jamp Hotels has paid $30.5 million, or $127,615/room, for the 239-room La Quinta Inn & Suites hotel in Chicago. The local hospitality investor acquired the property, at 1 South Franklin St., from Highgate and Cerberus Capital Management. ...
Lake County, Ill., Officials Pursuing 8-Month Moratorium on New Data-Center Projects
The Daily Herald Officials in Lake County, Ill., are said to be implementing an eight-month moratorium on new data-center projects. Staff for the county, which is a northern suburb of Chicago, are working to establish definitions, zoning classifications, and performance ...
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Commercial Real Estate Direct is the only source -- in print or otherwise -- that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.
