General Growth eyes New York's Madison Avenue: sources
(Reuters) — General Growth Properties Inc. has paired with Brookfield Office Properties Inc. to bid for one of the most sought after Manhattan office buildings on the market, making what could…
Trade show exhibit maker to move 300 jobs to Woodridge
Orbus Exhibit & Display Group has agreed to lease a 347,400-square-foot building in the Union Pointe business park, following Edward Don & Co. , the restaurant equipment distributor. Orbus plans to…
McCaffery's British School plan not out of the woods yet
At a hearing last night, opponents said the proposed South Loop school would take away open space they were promised years ago. But the architect said the new plan includes more public space than…
Our most-viewed stories in the past week
News involving Donald Trump and the Palmer House makes the list.
Allscripts sues Merchandise Mart over Google project
The firm says "the constant noise and vibrations generated by the construction equipment has negatively impacted employees' physical and mental well-being, making them anxious, impatient and…
Chain of 'homey' gambling cafes makes big suburban push
Dotty's, a country-style café with video gambling terminals, plans to open 150 locations in the Chicago suburbs over the next three years, mainly in suburban malls.
Jury sides with Trump
(AP) — Jurors have sided with billionaire Donald Trump and against an 87-year-old grandmother who took him to court alleging that the "Apprentice" star cheated her in a skyscraper condo deal.
Merino wool retailer leases in the Gold Coast
The store will occupy space formerly filled by a bagel shop.
Pritzker talks on Capitol Hill, but no talks with union back home
With contract dispute coming up on four years, Hyatt and union stuck in stalemate.
Gouletas set to buy 3,866 apartments
The condominium converter's company, American Invsco, emerged as the leading bidder for a 13-property portfolio that includes a 296-unit building in the South Loop.
Two Loop office towers to sell for more than $500 million
The investment arm of CBRE Inc. has agreed to pay about $300 million for 181 W. Madison St. and agreed to sell 190 S. LaSalle St. for about $211 million.
Palmer House Hilton put up for sale
Thor Equities, the hotel's New York-based owner, hopes to get as much as $500 million for the property, the city's second-biggest hotel.
Allison Davis clashes with partners over South Side CHA project
A venture controlled by Mr. Davis accuses developer James Miller of seeking to push him out of an entity redevelop the former Stateway Gardens public housing project in Bronzeville. The lawsuit…
Ricketts buy office property next to Wrigley Field
The owners of the Cubs paid $2. 3 million for the 28,975-square-foot office building at 3721 N. Clark St. from a venture of the Tribune Co. , which leased the property to a Ricketts venture after…
Developers prepare for life without Purple Hotel
The firm that wants to redevelop the site has brought in new partners for the project and dropped plans to save the building.
Developers start 216-unit apartment building in West Loop
A joint venture and a fund broke ground yesterday on the $67 million project at Racine Avenue and Madison Street. Ascend CEO Walter Rebenson expects to secure a $42 million construction loan within…
Law firm expands at Prudential Plaza
Also, eight more local Checkers Drive-Ins are planned, and an industrial portfolio is refinanced.
Amid loan dispute, Giorango seeks sanctuary in bankruptcy
Michael "Jaws" Giorango, a convicted felon whose ties to former U. S. Senate hopeful Alexi Giannoulias made headlines during the 2010 campaign, filed a Chapter 13 petition, blocking a foreclosure sale …
Strategic Hotels rises after 'poison pill' measure dropped
The Chicago-based real estate investment trust said it would end the anti-takeover plan no later than June 14. It previously was set to expire on Nov. 30.
Operations center moves in Schaumburg
Also, the future site of GEMS World Academy-Chicago on the Lakeshore East campus sells for $15.6 million, and Digital Realty Trust taps Newmark Grubb Knight Frank to lease a west suburban data center.
