Chicago Commercial Real Estate – In the News

Tom’s Recommended Reading for the Week Avison Young acquires Chicago’s Mesa Development – A Chicago developer that built two condo towers at Millennium Park has been acquired by a Canadian firm. Toronto-based Avison Young announced the deal this morning for Mesa Development, founded in 2000 by Richard Hanson. He and James Hanson have joined Avison Young’s downtown office as … Read more

Chicago Commercial Real Estate – In the News

Tom’s Recommended Reading for the Week Law Firms Looking to Downsize – The business model for most law firms is changing dramatically, and according to a new report from Colliers International, over the next few years many will seek to right-size their real estate portfolios. Except at the very top tier law firms.. Globe St. Mizachi, Werner sell … Read more

Chicago Commercial Real Estate – In the News

Tom’s Recommended Reading for the Week Blackstone to Buy Willis for $1.3 Billion – Blackstone Group LP has agreed to buy the iconic Willis Tower for $1.3 billion, the most ever paid for a US office building outside of Manhattan, the Wall Street Journal reported last night. The sellers, New York-basedJoseph Chetrit and Joseph Moinian and Skokie, IL-based American … Read more

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