https://www.bisnow.com/sitemap Bisnow Chicago News http://blogs.law.harvard.edu/tech/rss en-US Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) https://www.bisnow.com/chicago/news/commercial-real-estate/bears-leave-illinois-for-indiana-134890 https://www.bisnow.com/chicago/news/commercial-real-estate/bears-leave-illinois-for-indiana-134890 After years of speculation, the Chicago Bears have decided where to develop their new stadium, and the result isn't in Illinois' favor.  nancy.sheppard@bisnow.com Fri, 05 Jun 2026 13:40:21 -0400 Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) https://www.bisnow.com/chicago/news/deal-sheet/the-chicago-deal-sheet-134825 https://www.bisnow.com/chicago/news/deal-sheet/the-chicago-deal-sheet-134825 Dermody Properties reportedly sold a portion of the former Allstate campus in Glenview to Realty Income for $175M.  The company sold some of the campus split between two parcels, The Real Deal reported. Dermody acquired the 232-acre site at the intersection... ryan.wangman@bisnow.com Tue, 02 Jun 2026 12:13:56 -0400 Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) https://www.bisnow.com/chicago/news/economic-development/small-town-suburb-destination-woodstock-illinois-studiob-134669 https://www.bisnow.com/chicago/news/economic-development/small-town-suburb-destination-woodstock-illinois-studiob-134669 Woodstock, Illinois, one of Chicago’s outermost suburbs, is shedding the typical suburban mold.  Combining small-town charm and affordable housing with a vibrant, historic downtown, the city has become a distinctive and livable hub, Woodstock Director... john.knowles@bisnow.com Wed, 20 May 2026 15:19:44 -0400 Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) https://www.bisnow.com/chicago/news/commercial-real-estate/illinois-bears-bill-stalls-setting-stage-for-potential-indiana-move-134810 https://www.bisnow.com/chicago/news/commercial-real-estate/illinois-bears-bill-stalls-setting-stage-for-potential-indiana-move-134810 Illinois' chances of keeping the Chicago Bears in the state took a potential blow early Monday morning after the state legislature passed its $55.9B budget without including incentives for stadium development.  ryan.wangman@bisnow.com Mon, 01 Jun 2026 13:14:09 -0400 Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) https://www.bisnow.com/chicago/news/office/cushman-wakefield-chicago-hq-nears-120m-sale-134802 https://www.bisnow.com/chicago/news/office/cushman-wakefield-chicago-hq-nears-120m-sale-134802 Cushman & Wakefield's global headquarters in Chicago is reportedly close to trading hands in a sale valued at around $120M. ryan.wangman@bisnow.com Mon, 01 Jun 2026 10:33:07 -0400 Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) https://www.bisnow.com/chicago/news/retail/trump-tower-inks-first-retail-tenant-over-17-years-after-opening-134791 https://www.bisnow.com/chicago/news/retail/trump-tower-inks-first-retail-tenant-over-17-years-after-opening-134791 The retail space at the ground floor of the Trump International Hotel & Tower in Chicago finally has a tenant after 17 years. ryan.wangman@bisnow.com Fri, 29 May 2026 15:02:42 -0400 Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) https://www.bisnow.com/chicago/news/multifamily/chicago-multifamily-investment-sales-up-116-year-over-year-134731 https://www.bisnow.com/chicago/news/multifamily/chicago-multifamily-investment-sales-up-116-year-over-year-134731 The Chicago commercial real estate investment market is off to a fast start in 2026. Sales volume rose 42.8% year-over-year to just over $4B in Q1, driven by a flurry of multifamily deals, according to an Avison Young Q1 investment sales report. Investors... ryan.wangman@bisnow.com Tue, 26 May 2026 16:17:44 -0400 Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) https://www.bisnow.com/chicago/news/deal-sheet/the-chicago-deal-sheet-134720 https://www.bisnow.com/chicago/news/deal-sheet/the-chicago-deal-sheet-134720 Even before renovations are complete at the Thompson Center, the impact of Google's impending move is already showing up in some leasing figures.  Since Google announced its plans to purchase the renovated building in 2022, leasing volume is up 14%... ryan.wangman@bisnow.com Tue, 26 May 2026 11:22:34 -0400 Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) https://www.bisnow.com/chicago/news/deal-sheet/the-chicago-deal-sheet-134645 https://www.bisnow.com/chicago/news/deal-sheet/the-chicago-deal-sheet-134645 Marriott International is in discussions to bring a luxury hotel to the former John Hancock Center, one of the city's most iconic towers.  Chicago-based real estate firm Hearn is in the process of working out a deal with Marriott to bring a 350-room... ryan.wangman@bisnow.com Tue, 19 May 2026 14:20:09 -0400 Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) https://www.bisnow.com/chicago/news/office/chicagos-downtown-office-pipeline-at-zero-for-the-first-time-since-2012-134648 https://www.bisnow.com/chicago/news/office/chicagos-downtown-office-pipeline-at-zero-for-the-first-time-since-2012-134648 All is quiet on the Midwestern front.  The downtown Chicago office construction pipeline is completely empty for the first time since 2012 after Fulton St. Cos. delivered 919 W. Fulton earlier this year, according to Newmark. It could be some time until... ryan.wangman@bisnow.com Tue, 19 May 2026 15:07:35 -0400 Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) https://www.bisnow.com/chicago/news/retail/coffee-chicken-and-clinics-fuel-chicago-retails-post-pandemic-resurgence-134630 https://www.bisnow.com/chicago/news/retail/coffee-chicken-and-clinics-fuel-chicago-retails-post-pandemic-resurgence-134630 Chicago-area retail has rebounded from the depths of the pandemic. The resurgence has been driven by strong growth in quick-service restaurants and medical retail as well as tight vacancy on key corridors throughout the city, panelists said at Bisnow’s Chicago... ryan.wangman@bisnow.com Mon, 18 May 2026 16:32:58 -0400 Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) https://www.bisnow.com/national/news/commercial-real-estate/newmark-is-chasing-nightingales-co-founder-for-3m-his-firm-just-bought-a-25m-building-134623 https://www.bisnow.com/national/news/commercial-real-estate/newmark-is-chasing-nightingales-co-founder-for-3m-his-firm-just-bought-a-25m-building-134623 Newmark is asking a New York court to compel Simon Singer, co-founder of Nightingale Properties and the firm's former president, to produce financial records as it tries to collect on a $3M judgment that Singer and his family trust have yet to pay.  Singer's... mark.bonner@bisnow.com Mon, 18 May 2026 12:14:09 -0400 Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) https://www.bisnow.com/chicago/news/commercial-real-estate/duwarren-gibson-related-midwest-eisenberg-foundation-134606 https://www.bisnow.com/chicago/news/commercial-real-estate/duwarren-gibson-related-midwest-eisenberg-foundation-134606 DuWarren Gibson is helping to support Chicago CRE’s pipeline of young talent from the other side of the table.  ryan.wangman@bisnow.com Fri, 15 May 2026 14:47:50 -0400 Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) https://www.bisnow.com/chicago/news/commercial-real-estate/new-chicago-loop-alliance-ceo-to-steer-recovery-downtown-enters-new-era-134581 https://www.bisnow.com/chicago/news/commercial-real-estate/new-chicago-loop-alliance-ceo-to-steer-recovery-downtown-enters-new-era-134581 Suzet McKinney’s office line isn’t even set up yet, and she’s already making calls.  The Chicago Loop Alliance’s new president and CEO spoke to Bisnow via Zoom on her first day on the job Monday about how she plans to lead the organization in... ryan.wangman@bisnow.com Thu, 14 May 2026 11:19:52 -0400 Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) https://www.bisnow.com/chicago/news/deal-sheet/the-chicago-deal-sheet-134543 https://www.bisnow.com/chicago/news/deal-sheet/the-chicago-deal-sheet-134543 Chicago-based Heitman launched a core-plus strategy on Tuesday, centered on self-storage assets across the U.S. The company has received $275M in commitments to date as well as an additional $200M in co-investment. In connection with the launch, Heitman... ryan.wangman@bisnow.com Tue, 12 May 2026 13:39:04 -0400 Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) https://www.bisnow.com/chicago/news/retail/were-on-offense-now-ggp-ceo-on-rebranded-retail-approach-134475 https://www.bisnow.com/chicago/news/retail/were-on-offense-now-ggp-ceo-on-rebranded-retail-approach-134475 Brookfield's January rebrand of its retail division to GGP was such a well-kept internal secret that it completely upended a new employee's first day.  GGP CEO Kevin McCrain said the company's leadership decided to rebrand last August but held off on... ryan.wangman@bisnow.com Thu, 07 May 2026 11:35:03 -0400 Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) https://www.bisnow.com/chicago/news/deal-sheet/the-chicago-deal-sheet-134429 https://www.bisnow.com/chicago/news/deal-sheet/the-chicago-deal-sheet-134429 Menashe Properties reportedly reached a deal to buy a 38-story office tower at 180 N. LaSalle St. for around $60M, its third Chicago office buy since 2023. The 862K SF office building is across the street from the Thompson Center, Google's future Chicago... ryan.wangman@bisnow.com Tue, 05 May 2026 12:12:53 -0400 Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) https://www.bisnow.com/national/news/multifamily/equity-residential-avalonbay-combine-134360 https://www.bisnow.com/national/news/multifamily/equity-residential-avalonbay-combine-134360 Major multifamily REITs AvalonBay Communities and Equity Residential are in talks to unite.  The discussions are in very early stages, and a transaction isn't guaranteed at this point, anonymous sources told Bloomberg. But any transaction would be significant... bianca.barragan@bisnow.com Wed, 29 Apr 2026 20:32:47 -0400 Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) https://www.bisnow.com/chicago/news/commercial-real-estate/former-chicago-real-estate-exec-convicted-of-sexual-abuse-of-a-minor-134339 https://www.bisnow.com/chicago/news/commercial-real-estate/former-chicago-real-estate-exec-convicted-of-sexual-abuse-of-a-minor-134339 A former Chicago real estate executive pleaded guilty to sexually abusing a 15-year-old boy at a Life Time fitness center in suburban Northbrook in 2024. ryan.wangman@bisnow.com Wed, 29 Apr 2026 10:17:35 -0400 Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) https://www.bisnow.com/chicago/news/deal-sheet/the-chicago-deal-sheet-134324 https://www.bisnow.com/chicago/news/deal-sheet/the-chicago-deal-sheet-134324 Gencom and GD Holdings landed a $125M refinancing for the 192-key The St. Regis Chicago, a luxury hotel in the East Loop. The joint venture arranged the financing with Banco Inbursa. The new loan replaces $76M in original acquisition financing provided... ryan.wangman@bisnow.com Tue, 28 Apr 2026 13:14:23 -0400 Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) https://www.bisnow.com/chicago/news/retail/water-tower-place-to-undergo-170m-redevelopment-repositioning-134295 https://www.bisnow.com/chicago/news/retail/water-tower-place-to-undergo-170m-redevelopment-repositioning-134295 The iconic Water Tower Place shopping center on Chicago's Magnificent Mile is slated for a dramatic reinvention that will consolidate its retail space and diversify its tenant mix. ryan.wangman@bisnow.com Mon, 27 Apr 2026 10:07:24 -0400 Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) https://www.bisnow.com/chicago/news/commercial-real-estate/data-center-hospital-metrosouth-medical-center-134285 https://www.bisnow.com/chicago/news/commercial-real-estate/data-center-hospital-metrosouth-medical-center-134285 The redevelopment of an abandoned hospital in south suburban Blue Island is taking a publicly contentious turn toward a new data center project after a reported shake-up in property ownership.  ryan.wangman@bisnow.com Fri, 24 Apr 2026 15:06:20 -0400 Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) https://www.bisnow.com/chicago/news/commercial-real-estate/chicago-architecture-and-design-construction-and-development-134176 https://www.bisnow.com/chicago/news/commercial-real-estate/chicago-architecture-and-design-construction-and-development-134176 The Loop has a reimagined look as it emerges from the worst effects of the pandemic, and the city's concentration of activity looks different, too.  As conversions and new projects shift the focus of downtown Chicago from an office district to a mixed-use... ryan.wangman@bisnow.com Fri, 17 Apr 2026 11:33:30 -0400 Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) https://www.bisnow.com/chicago/news/retail/magnificent-mile-shopping-security-recovery-134232 https://www.bisnow.com/chicago/news/retail/magnificent-mile-shopping-security-recovery-134232 For nearly a century, the Magnificent Mile has been Chicago's premier shopping corridor, defined by luxury tenants and the city's highest retail rents. But the strip fell on hard times in the wake of the pandemic. By 2023, a third of its retail was... ryan.wangman@bisnow.com Tue, 21 Apr 2026 19:23:05 -0400 Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) https://www.bisnow.com/chicago/news/deal-sheet/the-chicago-deal-sheet-134237 https://www.bisnow.com/chicago/news/deal-sheet/the-chicago-deal-sheet-134237 Skender completed construction of The Fulton, an 11-story, 535K SF development at 217 N. Sangamon St. in Fulton Market. ryan.wangman@bisnow.com Wed, 22 Apr 2026 10:31:11 -0400 Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) https://www.bisnow.com/chicago/news/commercial-real-estate/lincoln-yards-buyer-scoops-up-more-land-sterling-bay-134202 https://www.bisnow.com/chicago/news/commercial-real-estate/lincoln-yards-buyer-scoops-up-more-land-sterling-bay-134202 A construction company has acquired two additional land parcels near the former Lincoln Yards site, months after buying the southern portion of the stalled megadevelopment. ryan.wangman@bisnow.com Mon, 20 Apr 2026 13:31:18 -0400 Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) https://www.bisnow.com/chicago/news/office/chicago-office-recovery-trails-most-major-markets-amid-continued-rto-push-134163 https://www.bisnow.com/chicago/news/office/chicago-office-recovery-trails-most-major-markets-amid-continued-rto-push-134163 Chicago's burgeoning office recovery is still behind the major-market pack, trailing in office visits and leasing, according to a pair of new reports on the national office market. ryan.wangman@bisnow.com Thu, 16 Apr 2026 13:25:02 -0400 Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) https://www.bisnow.com/chicago/news/healthcare/pair-suburban-hospitals-face-eviction-25m-unpaid-rent-134143 https://www.bisnow.com/chicago/news/healthcare/pair-suburban-hospitals-face-eviction-25m-unpaid-rent-134143 West Suburban Medical Center and Weiss Memorial Hospital are facing eviction after their owner, Resilience Healthcare, racked up $25M in combined back rent, according to notices posted to both properties' doors. ryan.wangman@bisnow.com Wed, 15 Apr 2026 14:51:10 -0400 Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) https://www.bisnow.com/chicago/news/deal-sheet/the-chicago-deal-sheet-134129 https://www.bisnow.com/chicago/news/deal-sheet/the-chicago-deal-sheet-134129 RJW Logistics Group signed a 1.2M SF build‑to‑suit lease at Karis Park West in Montgomery. RJW committed to a 10-year lease for the facility, which will be built on 73.21 acres within the development. Construction is scheduled to begin this month... ryan.wangman@bisnow.com Tue, 14 Apr 2026 17:13:59 -0400 Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) https://www.bisnow.com/chicago/news/office/chicago-office-office-sales-nai-hiffman-studiob-133969 https://www.bisnow.com/chicago/news/office/chicago-office-office-sales-nai-hiffman-studiob-133969 In 2025, office building sales grew by 35% nationally. Annual leasing activity shot up more than 5% year-over-year in the fourth quarter, and vacancy rates fell nearly 1.5% to 18.4%. In Chicago alone, there were 37 transactions of buildings over 20K... emily.lynch@bisnow.com Thu, 02 Apr 2026 16:16:20 -0400