Office N Illinois
Venture Underwriters opens Chicago office

Venture Underwriters opens Chicago office

Venture Underwriters Inc., a division of Allstar Financial Group, expanded its Midwest presence with the opening of a new office in the Chicago market. Located at 620 N. LaSalle Street in the River North neighborhood, the new office will be managed by Dan Moran, who has relocated from the company’s San Francisco office.

Office N Illinois
Golub & Company acquires Burnham Center, landmark office tower in Chicago's Loop

Golub & Company acquires Burnham Center, landmark office tower in Chicago's Loop

Chicago-based Golub & Company has acquired Burnham Center, located at 111 W. Washington in Chicago’s Loop. Golub will also assume management and leasing of the building, which was the last building designed by famed architect and urban planner Daniel Burnham and now includes the Chicago headquarters of GrubHub among its tenants. Terms of the deal were not disclosed.

Office N Illinois
More than 150 people packed into the recently renovated atrium of President’s Plaza near O’Hare for the 4th annual State of the Suburban Office Conference.

The 'burbs are still an office draw

More than 150 people packed into the recently renovated atrium of President’s Plaza near O’Hare for the 4th annual State of the Suburban Office Conference, co-hosted by GlenStar. The dozen expert speakers on hand had much to say about the state of affairs for the office market outside the influence of downtown Chicago.

Office N Illinois

Avison Young takes on 1 MSF in property management for AAM

Effective immediately, Avison Young will assume operation of Alter Asset Management’s (AAM) 1 million square feet of class A office property management assignments across multiple states. The portfolio includes properties in Illinois, as well as Pennsylvania, Georgia and New Jersey. The portfolio includes properties owned by AAM’s parent, national developer Alter, as well as other third-party ownership groups.

Office N Illinois
1000 W. Carroll Avenue, Chicago.

Chicago Plan Commission signs off on Fulton Market projects by Sterling Bay

Sterling Bay has won approval from the city’s Plan Commission for two new buildings in Chicago’s hot Fulton Market District. The Chicago developer is proposing one property at 1000 W. Carroll Avenue and another across the street at 345 N. Morgan Street. The dual-building project still need approval from the zoning committee and the City Council before they can break ground.

Office N Illinois
Shapack nets record sale in Fulton Market

Shapack nets record sale in Fulton Market

Shapack Partners has sold 811 W. Fulton Market to Boston-based Intercontinental Real Estate for $50.3 million. The sale price equates to $775 per rentable square, surpassing the previous record in Chicago of $734 that the RxBar headquarters at 412 N. Wells Street in River North achieved earlier this year.