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Chicago Industrial Deliveries At Highest Level In Over 2 Decades, But Signs Of Trouble Loom
News

Chicago Industrial Deliveries At Highest Level In Over 2 Decades, But Signs Of Trouble Loom

... of Chicago’s industrial apple. In late September, investment giant Blackstone purchased four industrial properties near O’Hare International Airport from ...

Oct 25, 2023
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Sam Zell Remembered: Jon Gray, Stephen Ross Among CRE Leaders Reflecting On Death Of A Titan
News

Sam Zell Remembered: Jon Gray, Stephen Ross Among CRE Leaders Reflecting On Death Of A Titan

... in 2007, still the largest real estate deal in history. Blackstone President Jon Gray is one of several commercial real estate ... single buyer who bought any part of the portfolio from Blackstone ended up losing, because they had basically crossed the line ...

May 18, 2023
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chicago skyline
News

Moody's: Some Office, Hotel Loans Are Redefaulting In Warning Sign For Market

... report pointed to 1740 Broadway in New York City, where Blackstone turned over the keys to the property to the special ...

Apr 04, 2022
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Fulton Market Was A Standout In A Slow Year For Office Sales
News

Fulton Market Was A Standout In A Slow Year For Office Sales

It won’t be the only blockbuster sale completed in the past year, and it doesn’t necessarily point the way to a full recovery of the downtown investment market. Only a handful of significant deals were signed each quarter, and most buyers stuck to well- ...

Jan 05, 2022
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Brokerages Push For Diverse Pipeline, But Old-School Pay Structures Slow Progress
News

Brokerages Push For Diverse Pipeline, But Old-School Pay Structures Slow Progress

... aftermath of the triple murders of Arbery/Taylor/Floyd,” Lamont Blackstone, the chairman of Project REAP, a New York-based nonprofit ...

Apr 07, 2021
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United Airlines Abandoning A Portion Of Its Willis Tower HQ
News

United Airlines Abandoning A Portion Of Its Willis Tower HQ

... absorption, bringing the 2020 total to 1.28M SF. The Blackstone Group has placed a big bet on the iconic 110 ...

Jan 27, 2021
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Willis Tower
News

This Week's Chicago Deal Sheet

... by making the assets in our portfolio more energy efficient,” Blackstone Real Estate Global Head of Asset Management Giovanni Cutaia said ... to work and visit, but also better for the planet.” Blackstone and EQ launched a more than $500M renovation, which ...

Jan 07, 2020
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215 North Peoria
News

Clayco Streamlines The Construction Process By Combining Design Firms

... a list of clients that includes Farpoint Development, Brookfield Properties, Blackstone Realty, Levy Restaurants, Sterling Bay and The John Buck Co ...

Jun 25, 2019
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601W Cos. Unveils Amenity Floor in Remade Aon Center
News

601W Cos. Unveils Amenity Floor in Remade Aon Center

... of many iconic properties in Chicago have remade their buildings. Blackstone is in the midst of a $500M renovation of its ...

May 13, 2019
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McCaffery
News

Downtown Office Market Puts Together Another Solid Quarter, But Long-Term Outlook Stays Hazy

... on the 16 lower floors of Willis Tower, where owner Blackstone is in the midst of a $500M renovation. "United poked ... of space, including Lincoln Yards and in Fulton Market, but Blackstone made it very attractive for them to stay," Chodos said ...

Apr 04, 2019
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