The Chicago-based firm is in talks to acquire a seven-story loft office building at 550 West Randolph Street from seller W.P.

While Sterling Bay hopes the sale price would be high enough to cover the debt and stave off foreclosure, recent sales of downtown office buildings suggest the property is worth far less.

Five years after Covid shuttered the market, companies have begun signing new leases at a faster pace, and many are seeking upgrades.

Commercial real estate loan modifications jumped from $21.1 billion in March 2024 to $39.3 billion by March 2025, CRED iQ ...

The building sits in the West Loop/Galleria submarket, where office vacancy is 27.7 percent, above Houston’s overall average of 24.2 percent. But the area recorded the city’s highest office ...

Located near the shores of Lake Michigan, the Loop refers to a group of high-rise buildings ... across the Chicago River from the northwest corner of the Loop (and directly west of The Magnificent ...

Is this restaurant worth it? Chicago has a lot of these restaurants. Places with elaborate tableside gymnastics trending on ...

A group beat up and critically injured a man in the West Loop on Sunday morning, and two other people were hurt while trying to help him, Chicago police said.

Six teens were arrested and charged Sunday with robbing a smoke shop in the West Loop and beating a man there. At 7 p.m. Saturday, the six teenage boys walked into SmokePost, at 1063 W.

CHICAGO (WLS) -- A group beat up and critically injured a man in the West Loop on Sunday morning, and two other people were hurt while trying to help him, Chicago police said. Officers responded ...

Pat Nabong/Sun-Times file Share A man was shot during a fight aboard a Blue Line CTA train after declining to buy cannabis from a gunman Sunday night in the West Loop, according to Chicago police.