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EQ Office Unveils Plans for Dining, Retail Destination at Willis Tower in Chicago

Chicago — EQ Office, the office portfolio company owned by Blackstone’s real estate funds, has unveiled plans for Catalog, a five-story dining, retail and entertainment destination located at the base of Willis Tower in downtown Chicago.

…

  • September 13, 2018
  • Published in Development, News

HFF Arranges $16 Million Sale of Retail Portion of Historic Chicago Building

Chicago — HFF has arranged the $16 million sale of a 13,062-square-foot retail space in Chicago’s financial district.

…

  • July 2, 2018
  • Published in Illinois, Investment sales, News

Craft Brewery to Anchor New Mixed-Use Development in Chicago

Chicago — Craft brewery 5 Rabbit Cerveceria has signed a 12,000-square-foot lease to be the first retail tenant at Mural Park in Chicago’s Pilsen neighborhood.

…

  • June 28, 2018
  • Published in Development, Illinois, News

Summit Design + Build Completes Renovation of 13,000-Square-Foot Retail Building in Chicago

Chicago — Summit Design + Build LLC has completed the renovation of a 13,000-square-foot retail building in Chicago.

…

  • June 19, 2018
  • Published in Development, Illinois, News

Kroger to Acquire Home Chef for $200 Million

Cincinnati and Chicago — Cincinnati-based The Kroger Co. will acquire Home Chef for $200 million.

…

  • May 24, 2018
  • Published in News, Retailers

Global Builders Breaks Ground on 42,000-Square-Foot Retail Development in Chicago

Chicago — Global Builders Inc. has broken ground on a 42,000-square-foot retail development in Chicago. 

…

  • May 3, 2018
  • Published in Development, News

Brookfield to Buy Mall Owner GGP for $9.25 Billion in Cash Plus Stock

New York And Chicago — Brookfield Property Partners (NASDAQ: BPY) has agreed to acquire all remaining shares of GGP Inc. (NYSE: GGP), a Chicago-based mall owner.

…

  • March 27, 2018
  • Published in Investment sales, New York, News

Westwood Financial Acquires 53,079-Square-Foot Shopping Center in Chicago

Chicago — Westwood Financial has acquired Kingsbury Center in Chicago’s North and Clybourn retail corridor for an undisclosed price.

…

  • January 30, 2018
  • Published in Investment sales, News

Inland Completes Purchase of Four Properties Occupied by Jewel-Osco in Metro Chicago

Chicago — Inland Real Estate Acquisitions LLC has closed on the purchase of four retail properties occupied by Jewel-Osco in suburban Chicago.

…

  • January 8, 2018
  • Published in Investment sales, News

Time Out Group to Open 50,000-Square-Foot Food Hall in Chicago’s Fulton Market

Chicago — Time Out Group, a London-based media company, has unveiled plans to open a 50,000-square-foot food hall in Chicago’s Fulton Market.

…

  • December 14, 2017
  • Published in News
Older posts

Industry Content

Legacy Brokers $16.2 Million Sale of Shopping Center in Metro Charlotte

Indian Trail, N.C. — Legacy Realty Group Advisors has arranged the sale of Union Town Center, a 102,360-square-foot shopping center located in Indian Trail, roughly 15 miles southeast of Charlotte.…

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NRF: Holiday Retail Sales Rose 5.3 Percent to $936.3 Billion in 2022

 Washington, D.C. — The National Retail Federation (NRF) has reported that retail sales during 2022’s November-December holiday season rose 5.3 percent year-over-year, reaching $936.3 billion. Though the number fell short…

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Key Variable Moving Forward in Today’s Market? Motivation from Both Sides

Motivation is one of the prime drivers in any market cycle. Some markets are affected by interest rates and others by inflation. One way or another, however, a retail investment…

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Today’s Pricing Strategy is a Mix of Art, Science

There will always be a tug-of-war between retail buyers and sellers — or, really, buyers and sellers of any kind. Both parties want to achieve the best price, but that…

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City of Murrieta: Experiential Leads Retail Expansion in Evolving California City

The City of Murrieta, located in Southern California, has seen explosive growth, leading to expanding retail potential — especially in the experiential arena. The city's retail successes have been based on its…

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Cullinan Properties: Mixed-Use Properties Use Retail to Drive Value

Real estate is densifying across the country, and retail has become an important amenity as people seek to live, work and play all together in mixed-use locations. The pandemic sped up…

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Faris Lee: Abundant Capital, Sales Volume Rise as Investors Pursue Retail

Investment volume, capital and competition in the retail sector have been at unprecedented levels lately, leading to lower cap rates as well as more flexibility than investments in multifamily and…

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The Necessity Retail REIT: Growing a Recession-Resilient, Necessity Retail Portfolio

What does it take to build a $5.2 billion recession-resilient, necessity retail property portfolio? Reporter Nellie Day of Retail Insight explored this topic and more with Jason Slear, Executive Vice…

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Industry News

  • Colliers Brokers $14.8 Million Sale of Crossroads Plaza in Suburban Phoenix
  • Atlantic Capital Partners Negotiates $70 Million Sale of Retail Portfolio in Massachusetts, Rhode Island
  • Development Team Underway on Rock Island Bridge Redevelopment Project in Kansas City
  • Sports & Social to Open 8,900-Square-Foot Venue at Mall at Green Hills in Nashville
  • Burlington Signs 20,000-Square-Foot Lease at North Griffin Square Shopping Center in Metro Atlanta

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