Fulton Market District gets three new office tenants

Chicago Biz Journals 10/15 8:05A Wendell Hutson

The 121,000-square-foot Fulton West Building in Chicago's popular Fulton Market District signed three new office tenants.

Former Apple Store leader raises less than expected in merger with SPAC led by Cubs owner Ricketts

Chicago Biz Journals 10/15 7:32A Cromwell Schubarth

Enjoy Technology Inc., the company run by Apple Stores creator Ron Johnson, is set to make its stock debut Monday after raising far less than expected in a blank check merger. The Palo Alto, California, company and its special purpose acquisiton...

Scooters are returning to Chicago, with new tech to keep them off sidewalks

Chicago Biz Journals 10/15 6:40A Jim Dallke

After testing electric scooters on city streets during two pilot programs, Chicago now finally has a long-term plan for e-scooters.

Goldfish Swim School plans opening in Algonquin

Chicago Biz Journals 10/15 5:08A Ben Miller

The swimming school said franchisees Chris and Carrie Chin plan to open in a yet-to-be-disclosed location in the McHenry and Kane counties in the second half of 2022.

Skokie businessman gets 11-year sentence for his role in Ponzi scheme

Chicago Biz Journals 10/15 4:24A Ben Miller

The government claims schemers sold millions of dollars in phony mortgage notes on apartment buildings in or near foreclosure to more than a dozen victims.

McDonald's to test McPlant vegan burger in eight U.S. cities

Chicago Biz Journals 10/15 3:39A Ben Miller

The Chicago burger giant said the test will determine how the plant-based burger, made from plant-based ingredients such as peas, rice and potatoes, will affect its kitchens.

Lightlife expands plant-based meats selection at Walmart

Chicago Biz Journals 10/14 1:46P I-Chun Chen

The company's new items include the first plant-based products in Walmart’s breakfast meat section.

Chicago investor expands portfolio with Aurora industrial property

Chicago Biz Journals 10/14 12:08P Wendell Hutson

Industrial Outdoor Ventures acquired an industrial property in Aurora to expands its local portfolio.

TGM Group acquires seventh multifamily property in Chicago area

Chicago Biz Journals 10/14 12:06P Wendell Hutson

A New York-based investor this week announced it acquired its seventh multifamily property in the Chicago-area.

The executive behind Sterling Bay's push for diversity

Chicago Biz Journals 10/14 9:32A Wendell Hutson

There are not enough minority decision makers in the Chicago commercial real estate industry, according to a Sterling Bay executive whose job includes establishing partnerships with minority-owned businesses. Earlier this year, Hugh Williams was...

Chicago health care startup Explorer Surgical acquired

Chicago Biz Journals 10/14 9:23A Jim Dallke

Explorer Surgical, a Chicago health care startup that makes digital playbooks for surgeons and medical device companies, is getting scooped up by a Colorado health-tech firm.

Amped Kitchens opens first Chicago location

Chicago Biz Journals 10/14 7:43A Ben Miller

Amped Kitchens spent $25 million to renovate the vacant 117,000-square-foot Zenith factory at 5801 West Dickens Avenue.

Walgreens says its Q4 and fiscal year results 'exceeded expectations'

Chicago Biz Journals 10/14 5:39A Ben Miller

Walgreens Boots Alliance Inc. reported fourth-quarter and fiscal year earnings Thursday that officials said "exceeded expectations." The Deerfield pharmacy retailing giant (Nasdaq: WBA) reported adjusted fourth-quarter earnings of $1.17 per share,...

Walgreens invests billions more in VillageMD to open clinics across the U.S.

Chicago Biz Journals 10/14 4:58A Jim Dallke

After agreeing to invest $1 billion in Chicago primary care startup VillageMD earlier this year, Walgreens is now pouring more money into the firm as it makes plans to open 1,000 medical clinics at Walgreens locations in the coming years....

Chicago startup funding continues torrid pace

Chicago Biz Journals 10/14 4:04A Jim Dallke

Chicago venture funding has shown no signs of slowing down in 2021. The city's startups have raised $5.5 billion in VC funding through the first three quarters of 2021, according to data released Thursday by Pitchbook. That's about twice as much...