CRE News: What We’re Reading the Week of June 6th

Each week, The Elevator Speech will summarize a list of important news stories impacting our industry and the City of Chicago.  So, what headlines and news caught our attention this week?

  • The Leo Burnett Building at 35 W. Wacker Drive

    Local construction contracts for new commercial and residential building projects in the Chicago region totaled $1.45 billion, an increase of 14 percent compared with the same period last year.

  • The Water Tower Place’s food court will receive its biggest-ever expansion to feature a wine bar, sushi bar, chocolate room and an M Burger sandwich shop.

  •  The 1.1-million-square-foot Leo Burnett Building at 35 W. Wacker Drive is under contract to be sold for about $400 million to UBS A.G.
  • Jones Lang LaSalle closed a sale for 13.5 acres on the South Side of Chicago for a new Wal-Mart.

What news stories caught your eye this week? Let’s start a dialogue.  Leave a comment and let us know.

Advertisements

About BOMA/Chicago

The voice of Chicago's office building industry since 1902.
This entry was posted in Chicago News and Events, CRE Trends, Green, Property Management and tagged , , , , , , . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s