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Convene just doubled its Chicago footprint through a deal with Sterling Bay.
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A San Francisco investor is on the verge of buying 500 West Monroe for more than $400M, Real Estate Alert reports.
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Office users have just started to sign leases again and say coronavirus fears are not dictating their choices.
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Projects getting property tax breaks include Carter's Summerhill, Colony Square and a rehabilitated boutique hotel in Midtown.
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Sterling Bay's 1K Fulton scores $220M refi
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This week's Chicago Deal Sheet.
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Convene will have 325K SF in Chicago by 2020, when four of its locations will have opened, but is eyeing growing to 1M SF.
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Westside Heights facing $5M in lost rents because of drilling noise
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Chicago's tech scene is exploding, particularly in office spaces in River North, the Loop, the West Loop, the Near West Side, and around Goose Island.
The planned development of the city's first Ace Hotel (pictured below) in a former industrial district of the Near West Side could set the tone for a new trend.
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