https://www.bisnow.com/rss-feed/chicago Bisnow Chicago News https://www.rssboard.org/rss-specification en-US Bisnow (https://www.bisnow.com) https://www.bisnow.com/news/chicago/deal-sheet/foundry-park-breaks-ground-the-chicago-deal-sheet https://www.bisnow.com/news/chicago/deal-sheet/foundry-park-breaks-ground-the-chicago-deal-sheet JDL Development and Kayne Anderson Real Estate held a groundbreaking ceremony Wednesday alongside city officials to kick off the first phase of development. Thu, 22 Oct 2026 15:49:30 -0400 Bisnow (https://www.bisnow.com) https://www.bisnow.com/news/chicago/multifamily/chicago-geothermal-apartment-tower https://www.bisnow.com/news/chicago/multifamily/chicago-geothermal-apartment-tower One Chicago developer is turning to about 22 miles of geothermal piping to power an all-electric Fulton Market apartment project. Wed, 21 Oct 2026 17:31:12 -0400 Bisnow (https://www.bisnow.com) https://www.bisnow.com/news/chicago/capital-markets/loop-office-to-resi-conversion-foreclosure-auction https://www.bisnow.com/news/chicago/capital-markets/loop-office-to-resi-conversion-foreclosure-auction 330 S. Wells St. is slated for a foreclosure auction next month, after a judge ruled that the property's $28.2M mortgage was in default. Tue, 20 Oct 2026 18:45:16 -0400 Bisnow (https://www.bisnow.com) https://www.bisnow.com/news/chicago/office/chicago-office-complex-november-foreclosure-auction https://www.bisnow.com/news/chicago/office/chicago-office-complex-november-foreclosure-auction The 2.1M SF Illinois Center is slated for a foreclosure auction next month as the building struggles with swaths of vacancy. Mon, 19 Oct 2026 17:45:13 -0400 Bisnow (https://www.bisnow.com) https://www.bisnow.com/news/chicago/office/2-fulton-market-moves-signal-top-shelf-office-market-strength https://www.bisnow.com/news/chicago/office/2-fulton-market-moves-signal-top-shelf-office-market-strength Onni Group is pivoting plans for a Fulton Market apartment tower back to an office building, and law firm Simpson Thacher & Bartlett signed a lease for 94K SF. Mon, 19 Oct 2026 14:24:41 -0400 Bisnow (https://www.bisnow.com) https://www.bisnow.com/news/chicago/data-center-community-relations/illinois-voters-weigh-data-center-referendums-november-ballot https://www.bisnow.com/news/chicago/data-center-community-relations/illinois-voters-weigh-data-center-referendums-november-ballot Voters in several municipalities across the state have another tool to potentially stymie data center development in Illinois. Fri, 16 Oct 2026 17:43:17 -0400 Bisnow (https://www.bisnow.com) https://www.bisnow.com/news/chicago/multifamily/owner-of-nearly-1-900-unit-chicago-property-faces-lawsuit-from-investors https://www.bisnow.com/news/chicago/multifamily/owner-of-nearly-1-900-unit-chicago-property-faces-lawsuit-from-investors A venture of Antheus Capital is facing legal action over claims it breached a contract with one it its investors. Thu, 15 Oct 2026 19:30:33 -0400 Bisnow (https://www.bisnow.com) https://www.bisnow.com/news/chicago/office/jpmorgan-chicago-office-renovation-costing-bank-over-800m-dimon-says https://www.bisnow.com/news/chicago/office/jpmorgan-chicago-office-renovation-costing-bank-over-800m-dimon-says JPMorgan announced the renovation in February 2024, but at the time, it declined to disclose a full cost estimate for the major overhaul of the building. Thu, 15 Oct 2026 17:42:16 -0400 Bisnow (https://www.bisnow.com) https://www.bisnow.com/news/chicago/top-talent/high-profile-cbre-chicago-exits-continue-3-more-leave-for-cushman-wakefield https://www.bisnow.com/news/chicago/top-talent/high-profile-cbre-chicago-exits-continue-3-more-leave-for-cushman-wakefield Cushman & Wakefield hired Peter Adamo and Adam Lawler as executive managing directors and Madeline Leland as transaction manager. Thu, 15 Oct 2026 11:39:56 -0400 Bisnow (https://www.bisnow.com) https://www.bisnow.com/news/chicago/office/chicago-office-tower-sells-for-550m-to-zara-founder-amancio-ortega https://www.bisnow.com/news/chicago/office/chicago-office-tower-sells-for-550m-to-zara-founder-amancio-ortega There have been only two larger full-building office trades nationwide in 2026, with Amancio Ortega's acquisition setting records in Chicago. Wed, 14 Oct 2026 18:23:00 -0400 Bisnow (https://www.bisnow.com) https://www.bisnow.com/news/chicago/industrial/2m-sf-illinois-distribution-facility-trades-for-151m https://www.bisnow.com/news/chicago/industrial/2m-sf-illinois-distribution-facility-trades-for-151m The tire titan picked up the property at 29900 S. Graaskamp Blvd. in Wilmington from a partnership between Silver Creek Development and GFH Partners. Wed, 14 Oct 2026 14:18:51 -0400 Bisnow (https://www.bisnow.com) https://www.bisnow.com/news/chicago/deal-sheet/logistics-property-co-acquires-716k-sf-industrial-property-the-chicago-deal-sheet https://www.bisnow.com/news/chicago/deal-sheet/logistics-property-co-acquires-716k-sf-industrial-property-the-chicago-deal-sheet The company's acquisitions team, led by Mark Crawford and Joel Wicks, is targeting properties in infill and bulk locations. Tue, 13 Oct 2026 16:04:59 -0400 Bisnow (https://www.bisnow.com) https://www.bisnow.com/news/chicago/top-talent/jll-nabs-6-person-top-brokerage-team-from-rival-cbre https://www.bisnow.com/news/chicago/top-talent/jll-nabs-6-person-top-brokerage-team-from-rival-cbre JLL brought on CBRE stalwarts Kyle Kamin, Dan Lyne, Jon Milonas, Brandon Green, Abigail McFadyen and Joe Davis, effective immediately. Tue, 13 Oct 2026 12:42:55 -0400 Bisnow (https://www.bisnow.com) https://www.bisnow.com/news/chicago/multifamily/pair-of-evanston-apartments-trade-hands-including-a-reinsdorf-backed-sale https://www.bisnow.com/news/chicago/multifamily/pair-of-evanston-apartments-trade-hands-including-a-reinsdorf-backed-sale Draper and Kramer and a firm backed by Jerry Reinsdorf were involved in two separate, major multifamily deals in Evanston. Mon, 12 Oct 2026 17:12:11 -0400 Bisnow (https://www.bisnow.com) https://www.bisnow.com/news/chicago/hotel/workers-at-6-chicago-hotels-strike-before-chicago-marathon https://www.bisnow.com/news/chicago/hotel/workers-at-6-chicago-hotels-strike-before-chicago-marathon Unionized workers at six hotels across the city walked off the job Friday morning amid negotiations for improved wages, benefits and worker protections. Fri, 09 Oct 2026 12:26:17 -0400 Bisnow (https://www.bisnow.com) https://www.bisnow.com/news/chicago/multifamily/chicago-lihtc-affordable-housing https://www.bisnow.com/news/chicago/multifamily/chicago-lihtc-affordable-housing As of mid-September, only two of the 13 projects allocated credits in Chicago’s 2023 LIHTC funding round had closed and were under construction. Thu, 08 Oct 2026 19:50:45 -0400 Bisnow (https://www.bisnow.com) https://www.bisnow.com/news/chicago/office/chicago-office-deals-feature-more-scrutiny-added-tenant-protections https://www.bisnow.com/news/chicago/office/chicago-office-deals-feature-more-scrutiny-added-tenant-protections As Chicago office tenants continue to flock to the best spaces available in the market, the brokers representing them are taking a harder look at owners. Wed, 07 Oct 2026 17:59:44 -0400 Bisnow (https://www.bisnow.com) https://www.bisnow.com/news/chicago/retail/edwards-realty-company-acquires-block-37 https://www.bisnow.com/news/chicago/retail/edwards-realty-company-acquires-block-37 Edwards Realty Co. acquired the 278K SF vertical shopping mall at a steep discount on Tuesday, aiming to reposition the massive property. Wed, 07 Oct 2026 07:05:02 -0400 Bisnow (https://www.bisnow.com) https://www.bisnow.com/news/chicago/deal-sheet/movie-studio-campus-hollywood-river-studios-breaks-ground-chicago-deal-sheet https://www.bisnow.com/news/chicago/deal-sheet/movie-studio-campus-hollywood-river-studios-breaks-ground-chicago-deal-sheet The campus will include soundstages, production offices, warehousing, more than 1,000 parking spaces and a planned esports arena. Tue, 06 Oct 2026 16:04:42 -0400 Bisnow (https://www.bisnow.com) https://www.bisnow.com/news/chicago/economic-development/bears-stadium-saga-shifts-toward-potential-public-ownership-play https://www.bisnow.com/news/chicago/economic-development/bears-stadium-saga-shifts-toward-potential-public-ownership-play The latest plan to keep the team in Illinois is at the heart of recent discussions between Bears top brass and state leadership. Mon, 05 Oct 2026 14:57:49 -0400 Bisnow (https://www.bisnow.com) https://www.bisnow.com/news/chicago/office/morningstar-to-relocate-global-hq-to-renovated-thompson-center https://www.bisnow.com/news/chicago/office/morningstar-to-relocate-global-hq-to-renovated-thompson-center The company will keep its operations in the Loop and co-anchor the building with Google, occupying more than 275K SF. Wed, 30 Sep 2026 14:08:17 -0400 Bisnow (https://www.bisnow.com) https://www.bisnow.com/news/chicago/deal-sheet/the-chicago-deal-sheet-september-29-2026 https://www.bisnow.com/news/chicago/deal-sheet/the-chicago-deal-sheet-september-29-2026 Learn more about what is happening in Chicago's commercial real estate world this week. Tue, 29 Sep 2026 17:23:11 -0400 Bisnow (https://www.bisnow.com) https://www.bisnow.com/news/chicago/retail/deer-park-town-center-trades-for-125m-in-yet-another-suburban-chicago-retail-deal https://www.bisnow.com/news/chicago/retail/deer-park-town-center-trades-for-125m-in-yet-another-suburban-chicago-retail-deal The sale set the mark for the highest retail deal in the Chicago area in a decade, snatching the record from another center that traded earlier in September. Fri, 25 Sep 2026 15:22:41 -0400 Bisnow (https://www.bisnow.com) https://www.bisnow.com/news/chicago/retail/las-vegas-based-investor-pays-95m-for-massive-suburban-chicago-retail-center https://www.bisnow.com/news/chicago/retail/las-vegas-based-investor-pays-95m-for-massive-suburban-chicago-retail-center Rhino Investments Group acquired the 932K SF shopping center in Mount Prospect from DLC Management. Thu, 24 Sep 2026 16:10:57 -0400