52 results for “Brookfield”
Retail Midwest

Ten-X report: Plenty of challenges facing retailers

| Dan Rafter

Need more evidence that retailers continue to face challenges from online competitors and the changing shopping habits of consumers? According to the U.S. Retail Market Outlook released Nov. 1 from Ten-X Commercial, retail net absorption across the country turned negative in the second quarter of 2018.

Industrial N Illinois

Industrial activity varied in northwest portion of Chicago MSA

| Matt Baker

Industrial remains king as the northwest portion of the Chicago metro area saw some interesting movement in the first quarter of the year. According to Newmark Knight Frank’s industrial submarket reports, the O’Hare, North/Central DuPage and I-90/Elgin submarkets each saw mostly positive metrics and a high volume of transactions.

CRE N Illinois

Midwest Commercial Real Estate Hall of Fame: John Reilly

Each year, Midwest Real Estate News honors the top CRE professionals in the Midwest in its Commercial Real Estate Hall of Fame issue. This year, we are running those profiles online, too, in the hopes that you will learn what it takes to succeed in the competitive world of commercial real estate.

Office N Illinois

Sullivan Center, iconic Chicago Loop office building, sells for $176M

JLL facilitated the sale and financing of the 833,000-square-foot office component of Sullivan Center, an iconic commercial complex with coveted large floor plates in the heart of Chicago’s Loop. The buyer was New York-based 601W Companies. The sellers, a venture between New York-based private equity firm KKR and Madison Capital, had owned …

Retail N Illinois

Brookfield Property Partners to acquire full ownership of GGP for $15B

Global commercial real estate firm Brookfield Property Partners announced an agreement to acquire the remaining 66 percent of Chicago-based General Growth Properties (GGP), the nation’s second biggest mall owner, for $15.3 billion. The deal includes a $9.25 billion cash offer and approximately 254 million Brookfield Property shares, valued …