Express to open State Street store
The clothier leased about 11,000 square feet currently occupied by New York & Co., illustrating how a tight retail market in the Loop is helping downtown landlords.
Donald Trump gets scolding from Chicago judge during testimony
(AP) — A federal judge scolded Donald Trump and a lawyer questioning the developer-turned-TV personality to stop their verbal sparring during his testimony at a civil trial today.
Roger Greenfield plans another downtown restaurant
Founder of the Bar Louie chain has signed a lease for a 8,500-square-foot retail space in a vintage high-rise at 188 W. Randolph St. that was recently converted to apartments.
City panel approves TIF subsidy for West Loop affordable housing
The Community Development Commission unanimously approved grant for a 61-unit apartment building for people who are homeless or at risk of becoming homeless.
Greektown loft office buildings sell for $14 million
Urban Innovations Ltd. bought the buildings at 833 W. Jackson Blvd. and 322 S. Green St. from Wells Fargo N. A. , a sign that it's getting tougher to find good deals in River North, the firm's home…
Surgeons group plans new Rosemont HQ
The American Academy of Orthopaedic Surgeons plans a 165,000-square-foot building, showing that suburban office market isn't so depressed that it has completely killed off development.
Walton Street gives back Renaissance hotel after $175 million default
The Chicago-based real estate investment firm decided to relinquish the 553-room property last year after determining that the loan balance on the property exceeded its value.
Hotel developer Falor pleads guilty to tax evasion
The promoter of condominium-hotels switched his stance nearly two years after denying charges that he failed to report income from a failed South Loop project.
California appliance retailer signs Oakbrook Center lease
Also, Vienna Beef and Chicago officials have yet to reach a final agreement regarding the hot dog maker's planned move to Bridgeport, and Sears is closing another South Side store.
Australian investor buys South Loop development site
A unit of Drapac Group paid more than $1 million for the bank-owned parcel, where developer William Warman had proposed a 146-unit condo tower.
Key figure up at Mag Mile Marriott
Also, a Hyde Park apartment portfolio is on the market, and United Stationers renews a suburban distribution center.
Donald Trump to testify Tuesday at Chicago trial
(AP) — Donald Trump is set to testify Tuesday at a civil trial where he's accused of enticing investors to buy condos at his Chicago skyscraper with promises of profit-sharing, then quietly…
BJB plans 80 loft apartments in Lakeview warehouse
Such conversions can be tricky, but builders typically try to use large floor plates to their advantage.
Manufacturer moves HQ to West Loop from Morton Grove
John Crane Inc., which makes mechanical seals, couplings and bearings, leased about 15,000 square feet at 227 W. Monroe.
Top Perkins & Will exec switches firms
Raymond Clark has joined the Chicago office of architecture firm HOK.
Waterton to put River West apartments up for sale
The Chicago-based apartment investor has hired Moran & Co. to sell Mondial River West, a 141-unit building that's expected to fetch about $450,000 a unit, or $63.5 million.
Developer gets $80 million loan for Lake Shore Drive apartments
A venture of Northbrook-based Integrated Development Group got the loan from BMO Harris Bank and JPMorgan Chase in February, clearing one of the biggest hurdles facing developers in today's market.
Our most-viewed stories in the past week
News that Vienna Beef is considering leaving its longtime North Side home topped our list of the most-viewed Chicago Real Estate Daily stories this week.
Packaging firm to move to Hillside warehouse
Veterans Distribution of Chicago Inc., a small-package delivery company, plans to move to a Hillside warehouse from two buildings in Elk Grove Village and Bensenville.
Julius Meinl sets sights on downtown Chicago
After building a following on the North Side, the Vienna-based cafe chain plans to open as many as three locations in the central business district.
