Buck fund buying office development near O’Hare
An investment fund managed by John Buck Co. is exercising an option to buy Triangle Plaza near O'Hare International Airport for roughly $91 million, in a bet on improving demand...
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James Pritzker venture buys park neighbor
A venture that includes James Pritzker, the billionaire investor who founded the Pritzker Military Library, has acquired a neo-Gothic office building across from Millennium Park, paying about $31 million, or...
Crown family buys its Loop headquarters
The billionaire Crown family has bought its headquarters building at 222 N. LaSalle St. in a $120 million deal, following an investment strategy used by millions of families, though on...
Harry Winston store to add more sparkle to Oak Street
Luxury jeweler Harry Winston Inc., known for courting celebrity clients at Hollywood awards shows, is opening an Oak Street store, another sign of the once-quaint street's emergence as a high-powered...
A windfall for Wacker tower’s quick seller
Zeller Realty Corp. is working on a deal to buy 300 S. Wacker Drive from the New York investment firm that bought the tower just a few months ago, in...
Developer, condo group quarrel
Developer Christopher Carley, who has proposed the nation's tallest building, has a problem closer to earth: a lawsuit by the condominium owners of his recent eight-story Gold Coast development. The...
Sale of 1 S. Dearborn in owners’ plans
A joint venture that includes Hines Real Estate Interests LP and restaurateur-developer Lawrence Levy is moving ahead with plans to put on the market 1 S. Dearborn St., a new...
Natarus move may ease tower zoning change
Ald. Burton Natarus is proposing a broad change to Chicago land-use law that is apparently intended to short-circuit opposition to a zoning change for an office tower proposed by Mesirow...
Beacon to buy 200 S. Wacker tower
In a bet on the continued demand for West Loop office space, Boston real estate investment firm Beacon Capital Partners LLC has a deal to acquire 200 S. Wacker Drive...
Prentiss strikes pair of suburban deals
Prentiss Properties Trust continues to sell off its Chicago-area holdings, with two suburban deals totaling more than $200 million, while the Dallas real estate investment trust prepares to merge with...