Thomas A. Corfman

Developer B.J. Spathies is in a showdown with Lehman Brothers Holdings Inc. over Prairie House, a slow-selling upscale residential development on the Near South Side. The Chicago developer failed to...

Luxury leather goods-maker Ghurka and a high-end watch store from the North Shore have signed agreements to take over part of the Salvatore Ferragamo store on the Magnificent Mile. Ferragamo,...

In a gamble on the downtown apartment market, a giant California state pension fund and investment adviser RREEF America LLC have struck a deal to finance an apartment tower near...

Some Cook County employees displaced by the Cook County Administration Building fire will be temporarily housed at 180 N. LaSalle St. under a short-term deal that is being negotiated. The...

Two high-quality Chicago skyscrapers that Houston developer Hines put up for sale this year have been pulled from the market, in a sign that the downtown investment market is cooling....

A low-profile developer is preparing to buy O'Hare Lake Office Plaza, a low-rise, 725,000-square-foot office complex in Des Plaines, one of the few opportunistic deals in an otherwise slow suburban...

Source: Appraisal Research Counselors Chicago's billionaire Crown family is close to a deal to become an investment partner in a $1.5 billion nationwide portfolio of premier office buildings, including the...

In a bid to cut its real estate costs, the Blagojevich administration is seeking an outside consultant to review the state's space needs and property interests. Hiring an adviser is...

*As measured by net absorption, the change in the amount of leased and occupied space, compared with the prior period. Source: Jones Lang LaSalle Inc. Equity Office Properties Trust is...

Eurex, the German futures exchange that plans to open an electronic counterpart in the U.S., is taking space in Sears Tower, the skyscraper's largest new tenant since the Sept. 11...