CRE News: What We’re Reading the Week of November 5

Each week, The Elevator Speech summarizes news related to some of the key industry trends, buildings, deals and dealmakers that shaped headlines. Below are articles that caught our attention the week of November 5.

  • A venture of CIM Group acquired the rights to develop hotel and apartment units above Block 37 for $5.8 million. Under current zoning, the site could contain as many as 400 residential units and 500 hotel rooms. Additional density on Block 37 would provide a boost to the retail portion of four-story, 305,000-square-foot shopping center, which has struggled to attract tenants, especially to its upper floors.

Prentice Women’s Hospital designed by famed architect Bertrand Goldberg

And finally, thank you to all of our members who attended our 2012 Annual Meeting last night at the JW Marriott Chicago Hotel.  We’re delighted to welcome George Kohl as BOMA/Chicago president for the next two years! Kohl is Senior Managing Director, Asset Services, at CBRE, Inc

What CRE or Chicago news headlines from the past week captured your interest? Leave us a comment and let us know.


About BOMA/Chicago

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

Leave a Reply

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

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

Google+ photo

You are commenting using your Google+ 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 )


Connecting to %s