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IllinoisMultifamily

Optima, Inc. expands property management and leasing portfolio with three Chicago-area luxury rental communities

Optima, Inc. announced that it will lead property management and leasing services at three Chicagoland Class A rental buildings—its 490-unit Optima Signature mixed-use development in…
February 18, 2021
IllinoisFinanceRetail

Streeterville restaurant property sells to German real estate owner/developer

Aries Capital, LLC has closed a $3.4 million non-recourse loan for the acquisition of an 8,700-square-foot restaurant building at 164 E. Grand Avenue in Chicago’s…
February 1, 2021
IllinoisRetail

Work wraps on new Montessori elementary school at Optima Signature in Chicago’s Streeterville neighborhood

Optima, Inc. has completed the buildout of Guidepost Montessori at Magnificent Mile’s new elementary school at Optima Signature, the firm’s mixed-use development at 220 E.…
September 2, 2020
IllinoisMultifamily

Chicago’s Optima Signature creates study-from-home suites for e-learning

For parents and tutors looking for space outside their home for student e-learning, a 57-story rental high-rise in Chicago’s Streeterville neighborhood is offering a creative…
August 18, 2020

Former Chicago Spire site cleared for redevelopment with two-tower plan

Related Midwest’s redesign of 400 Lake Shore Drive—a two-tower residential development that would replace the hole left by the abandoned Chicago Spire project—has passed review…
June 17, 2020

Chicago’s Cityfront Place finds buyer

Saul Ewing Arnstein & Lehr represented the purchaser in the acquisition of Cityfront Place, 400 N. McClurg Court in Chicago. Terms of the deal, which…
April 10, 2020

Montessori school doubling space at Optima Signature in Chicago

The Guidepost Montessori at Magnificent Mile school is more than doubling in size to accommodate the addition of an elementary school at Optima Signature, a…
March 12, 2020

Related Midwest’s redesigned Lake Shore Drive project seeks approval

Related Midwest revealed a redesign of its 400 Lake Shore Drive project, located at the Chicago River and Lake Michigan. The developer hopes that the…
Matt Baker March 11, 2020

JLL arranges $6M refinancing for boutique office property in Chicago

JLL Capital Markets arranged a $6 million refinancing for 200 East Ohio, a boutique office property totaling 27,000 square feet in the Chicago's Streeterville neighborhood.…
January 6, 2020

Fresh look at new supertall project next to Tribune Tower

New light has been shed on what would be Chicago's second-tallest building. Chicago developer Golub & Company and Los Angeles-based CIM Group revealed the details…
Matt Baker November 20, 2019
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