This Week's Chicago Deal Sheet

Read about the latest deals in Chicago this week.

The Hive Office-And-Retail Complex Near Times Square Hits The Market

The freshly renovated complex's retail is fully leased, but its office space remains vacant.

C&W Sees 5% Revenue Drop Despite Better News On Leasing And Cash Flow

Revenue for the company's capital markets, valuations and services divisions declined by 15%, 4% and 3%, respectively.

WeWork Files Motion To Keep First Chicago Lease, Strikes Agreement On 4 Others

WeWork aims to assume its lease at 448 N. LaSalle St., part of its efforts to restructure its real estate portfolio as it navigates bankruptcy proceedings.

Philadelphia Rents Nudge Up For First Time Since Last Year

Rents in Philadelphia’s metro area ticked up 0.1% to an average cost of $1,729 a month by the end of March, according to a new report.

L&L's Rob Lapidus On Why Building Offices Is Harder In Miami Than NYC

Developers describe the difference between the New York and Miami office market at Bisnow's Wynwood to Edgewater event.

Related Buys Georgetown Office Building For Residential Conversion

The New York real estate giant, in partnership with Network Realty Partners, acquired the property at 1000 Potomac St. NW.

Pipeline Logjam Means London Grade A Office Supply Faces Crunch Year

Cushman & Wakefield has warned that a lack of development of Grade A offices means supply is lagging behind demand beyond the end of the year.

More Than Half Of U.S. Warehouse Space Built In Q1 2025 Is Vacant

More than 45M SF of speculative industrial development delivered in the first quarter without a tenant in place, according to Cushman & Wakefield.

Powell Raises Hopes For September Rate Cut

The Federal Open Market Committee left rates unchanged again on Wednesday. But there is increased optimism surrounding a September rate cut.