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Hines Global to buy WGN-TV Studios building in Chicago

Hines Global Income Trust, Inc. has agreed to acquire the historic WGN-TV Studios building located at 2501 West Bradley Place in Chicago’s North Center...

Union Investment re-enters US market with Chicago property buy

Union Investment has re-entered the US real estate market with the acquisition of a trophy retail property on Chicago’s most exclusive shopping street, following...

Greystar starts construction on first Chicago development

Greystar has started construction on its first high-rise development project at 166 N. Aberdeen Street in downtown Chicago. The new building will include 223 apartments in...

Deka Immobilien acquires Chicago office building for $169m

German real estate asset manager Deka Immobilien has purchased an office property in Chicago for $169 million from Sterling Bay and JP Morgan Asset...

KKR fund provides mezzanine loan for Chicago multifamily property

KKR Real Estate Select Trust (KREST) has provided a $65m mezzanine loan to Crescent Heights, an urban real estate firm, to support the...

JLL arranges $296m refinancing for Chicago office tower

JLL Capital Markets has arranged a $296 million refinancing for 321 N. Clark, a 936,240-square-foot trophy office tower in Chicago's River North submarket. JLL worked on behalf of the borrower, a joint...

Office Properties Income Trust buys two Class A properties for $550m

Office Properties Income Trust (OPI) has acquired two Class A office properties for $550 million. Office Properties Income Trust acquired the approximately 531,190 square foot...

Dalfen Industrial expands Midwest portfolio with property acquisition

Dalfen Industrial has purchased a 174,300 square foot industrial property west of downtown Chicago at 1103 Butterfield Road in Aurora, IL. The industrial property was...

Michelin-leased distribution facility in Chicago sells for $135m

Bahrain-based investment firm GFH Financial Group has acquired a distribution facility in Chicago, Illinois for US$135 million. The real estate asset has been leased since...

Marriott to debut St.Regis brand at Chicago’s iconic Vista Tower

Marriott International, Inc. has signed an agreement with Magellan Development Group to debut its St.Regis Hotels & Resorts brand at iconic Vista Tower project in...

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