DEERFIELD, IL-The company just agreed to take over the USA Drug chain, about 144 stores in seven states, for $438 million, just weeks after a $6.7 billion investment in a European chain.
CHICAGO-To encourage youngsters to get into the retail business field, Jones Lang LaSalle is hosting contests for teens to create a product and sell at various malls.
CHICAGO-Curt Bailey, who is already developing some of the city’s luxury apartment towers, says it’s time for condos to make a comeback with three towers that sold little after the recession.
ZURICH-New York City-based BlackRock will take over the fund, which invests in private equity, infrastructure, sustainability and real estate in Europe. Swiss RE will continue to hold the underlying investments.
ST. LOUIS-The Cordish Cos. and the St. Louis Cardinals have signed a partnership with Anheuser-Busch and other restaurants to open at the first phase of the $550 million project.
CHICAGO-The bankrupt media giant has hired Colliers to market more than 150,000 square feet of office space, and is willing to consolidate more if the right large tenant comes along.