14 results for “equity commonwealth”
Office N Illinois

Class A office space near O'Hare driving vacancy up

| Matt Baker

Across the suburban Chicago market, office vacancy inched up in the third quarter as leasing velocity stalled, with only two new leases recorded greater than 50,000 square feet. This trend holds true in the O’Hare submarket, though the finer details paint a more complex image.

Office N Illinois

Sterling Bay scoops up Chicago's iconic John Hancock Center

Sterling Bay has been on an acquisition streak of Class A office buildings in Chicago lately, including recent purchases of 600 W. Chicago and Prudential Plaza. Now the Chicago-based developer is pulling the trigger on 875 North Michigan Avenue, formerly known as the John Hancock Center. The building’s current operator and co-owner, Hearn, …

Office N Illinois

Sterling Bay completes $510M deal for Groupon headquarters

Completing a deal that was first announced last December, Chicago-based real-estate developer Sterling Bay has acquired the approximately 1.65-million-square-foot 600 W. Chicago Avenue from Sam Zell’s REIT, Equity Commonwealth. Formerly a Montgomery Ward catalog warehouse, the building is now home to more than a dozen office tenants, anchor…

CRE Midwest

Colliers International Chicago makes nine promotions

| Staff Writer

Colliers International recently promoted six brokerage professionals and three real estate management services professionals. The firm said the promotions acknowledge each individual’s success in fulfilling client requirements and contributing to the firm’s increasing market presence.