71 results for “east loop”
Office N Illinois

Chicago's "Big Red" nabs $370 million buyer

The John Buck Company (JBC) has reportedly found a buyer for 333 S. Wabash Avenue—the former CNA global headquarters that the developer purchased in 2016 for $108 million. This new transaction will prove to be quite the windfall for JBC, as a group of East Coast investors will acquire the Chicago Loop asset for $370 million.

Office N Illinois

Turning the modern office on its side

| Matt Baker

For 25 years, Chicago was home to the world’s tallest building. Bigger is still better for today’s office tenants—just not necessarily taller. Looking to offer the large floor plates that users crave, one megadevelopment will incorporate something unique to the city: the sidescraper.

CRE N Illinois

Papa Bear would approve: Chicago Bears unveil Halas Hall expansion

Just in time for their 100th anniversary, The Chicago Bears unveiled the expansion and renovation at Halas Hall in Lake Forest, Illinois. This includes a 162,500-square-foot football operations addition to the already existing 143,000-square-foot facility and a 30,600-square-foot remodeling project on the northeast side of the building. HOK…

Office N Illinois

Construction begins on new Fulton Market office building, Fulton East

Construction has started on Fulton East, a 12-story, 90,000-square-foot office and retail building at 215 N. Peoria Street, in the heart of Chicago’s Fulton Market District. Developed by Peoria Green Owner LLC, a venture of veteran Chicago-based real estate developers Bob Wislow and Camille Julmy, the project should wrap up by spring 2020.

CRE N Illinois

CRE taxes hit west side of downtown Chicago hardest

| Matt Baker

Mid-April may be tax season here in the U.S., but for owners and occupiers of CRE properties, taxes are never far from mind. While Chicago’s real estate taxes have risen drastically over the past five years, the largest burden has followed downtown demand, out to the western submarkets.

CRE N Illinois

Q&A: Tim Anderson of Focus

| Matt Baker

Tim Anderson is CEO and founder of Focus, a Chicago-based firm that delivers development, construction and consulting services. He got his start in commercial real estate over 40 years ago and since then has been a trailblazer for industry diversification.

Multifamily N Illinois

New Lakeshore East development cleared to go forward

The developers behind an expansion in Chicago’s Lakeshore East development won approval from the Chicago Plan Commission last night for two projects comprising four news buildings. The projects by Lendlease and Magellan Development will add 2,340 residential units, 570 hotel rooms and 44,000 square feet of retail space to the East Loop neig…