How the Chicago Marathon impacts the local economy

Chicago Biz Journals 9/27 9:54A Wendell Hutson

The Bank of America Chicago Marathon attracted nearly 43,000 participants last year.

FourKites moves global headquarters in Chicago's West Loop

Chicago Biz Journals 9/27 9:11A Ben Miller

FourKites has moved to 110 N. Wacker Drive, also known as the Bank of America Tower, which opened in 2020.

Vacant land near Obama Presidential Center up for sale to the 'right' investor

Chicago Biz Journals 9/27 8:20A Wendell Hutson

Owner Allison Davis said he will only sell the property to an investor who plans to develop it into something useful for the community.

Tesla set to begin construction on its 10th Illinois facility

Chicago Biz Journals 9/26 12:09P Wendell Hutson

An Oct. 4 groundbreaking is set for a 50,000-square-foot Tesla facility to be built in Northbrook.

Chicago dental group Dentologie expanding with $25 million raise

Chicago Biz Journals 9/26 10:20A Alex Zorn

Dentologie is a full-service tech-enabled dental clinic that offers care for cleanings, cavities, Invisalign, teeth whitening and other services.

Lockton expands, extends lease at West Loop office

Chicago Biz Journals 9/26 9:37A Alex Zorn

Lockton Cos. will now occupy nearly 67,000 square feet across two-and-a-half floors at 500 W. Monroe St.

RWE doubles Chicago office space, plans solar farm as part of US expansion

Chicago Biz Journals 9/26 9:26A Wendell Hutson

Other expansion plans across the state include onshore wind farms and a proposed solar farm.

Global CPG brand rolls out custom B2B app with Centric Consulting’s Chicago and India teams: A case...

Chicago Biz Journals 9/26 5:36A Bill Chamberlain

Businesses in the food and beverage (F&B) sector must constantly track changes in customers’ preferences, tastes and expectations. For example, many Gen Z consumers demand environmentally conscious products, from sustainable packaging to...

Chicago biotech startup Saros Therapeutics gets $2 million grant from National Cancer Institute

Chicago Biz Journals 9/25 9:37A Alex Zorn

Saros Therapeutics plans to open a lab with an incubator in Chicago following the grant.

South Chicago industrial properties flip for $20 million — an 80% markup

Chicago Biz Journals 9/22 11:52A Alex Zorn

Two industrial facilities — a 33,000-square-foot truck terminal and an 8.5-acre container storage yard in the South Chicago submarket — sold for $20 million this week.

West Loop office tower sells for steep discount

Chicago Biz Journals 9/22 9:55A Alex Zorn

The property at 230 W. Monroe last sold to Accesso Partners in 2014 for $122 million.

The US needs more manufacturing space. Here's why Chicago is a good place to start.

Chicago Biz Journals 9/22 5:58A Alex Zorn

Increased capital and corporate interest in expanding manufacturing in the U.S. could open doors for new development in Chicago.

United Airlines names Michael Leskinen CFO

Chicago Biz Journals 9/22 5:08A Ben Miller

Michael Leskinen will replace Gerry Laderman, who is retiring in September 2024 after working for the airline for more than 30 years.

As W.P. Carey exits office, opportunities could emerge in Chicago

Chicago Biz Journals 9/21 9:28A Anna Butler

W.P. Carey plans to spin off 59 office assets to create a publicly traded office-focused real estate investment trust.

City Council committee approves plan to eliminate subminimum wage for tipped employees

Chicago Biz Journals 9/21 9:23A Alex Zorn

The Chicago City Council's Workforce Development Committee backed a proposal this week that would eliminate subminimum wage for tipped employees, including waiters, bartenders, doormen, housekeepers and delivery drivers for restaurants.