News

New investment firm buys Glenview retail center

The buyer was Glenview-based Newport Capital Partners LLC, a real estate firm started this month by Derrick McGavic, formerly a managing director at RREEF, the Chicago-based investment advisory unit of Germany's Deutsche Bank.

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Developers sell control of River North building

In a roughly $27-million deal, developers have sold a key interest in the former Sports Authority building in River North, which has been redeveloped to include a Four Points by Sheraton Hotel and specialty grocer Trader Joe's.

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