Another downtown office building embarks on major renovation

Glenstar is betting on hospitality-style amenities to fill space in a 40-story downtown office tower. Learn more here.
Hoodline

Old Post Office Landlord Snags Loop Giant For Pennies On The Dollar

New York-based 601W Companies, the owner of Chicago’s Old Post Office, has teamed up with David Werner Real Estate to scoop up the 22-story office tower at 175 W. Jackson Blvd. in the Loop for about ...
Commercial Observer

Iconic Chicago Office Complex Trades Hands at 87% Discount

W Companies, David Werner Real Estate bought 175 West Jackson Boulevard for $41 million after Brookfield paid $306 million in ...

David Werner, partner 601W buy Downtown Chicago office building at huge discount

The deal was financed by Northwind Group with a $58.5 million loan and completes a foreclosure tied to the building's $280 ...
Crain's Chicago Business

Plan for 28-story apartment tower adds to growing number of high-rises in Lincoln Park

Developers Honore Properties and Peerless Development are seeking city approval for a 28-story, 340-unit apartment tower at 1415 N. Dayton St. in Lincoln Park.
Hoodline

Loop River Tower Bought On The Cheap Gets $30 Million Glow-Up

Glenstar and investor Patrick Halloran are giving 200 S. Wacker Drive a full-on, $30 million glow-up, gambling that fresh amenities and ready-to-go office suites can turn a discounted riverfront tower ...

Chicago Office Tower Sells at an 87% Discount to Pre-Covid Price

A Chicago office tower sold for roughly 87% less than its pre-pandemic price tag, marking another example of the precipitous ...