News & Media

The high-rise office you left in March may not resemble the one you’re going back to. Here’s what workplaces may look like after the coronavirus shutdown. The body temperatures of employees Egor Machaca, left, and […]

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In Premier Place, Glenstar Acquires Top-Tier Investment

The purchase provides new owner Glenstar with a boutique hospitality-inspired repositioning opportunity wherein the firm has planned a multi-million dollar investment campaign that will transform the building. Top tier is the descriptor most used for […]

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Angelo Gordon Is Paying $148M For One Of O’Hare’s Premium Office Properties

Angelo Gordon is entering Chicago’s hottest suburban office submarket. The New York-based investor agreed to buy Presidents Plaza for $148M, Crain’s Chicago Business reports. A joint venture of Glenstar Properties and PGIM Real Estate acquired […]

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Chicago’s Best Food Halls

The shopping mall food courts of old that housed the same old national fast food chains (“hey, let’s grab a gray pad of meat on a bun followed by corporate cookie”) begat a blitz of […]

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Glenstar Launches $20M Capital Improvement Program At President’s Plaza

GlenStar Properties, LLC and its joint venture partner Angelo Gordon & Co., L.P., have launched a $20 million dollar renovation campaign at the two-building, 830,479-square-foot President’s Plaza located at 8600 and 8700 W. Bryn Mawr […]

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President’s Plaza Joins Elite Suburban Properties Preparing For The Future

Portions of the suburban office market may be in the doldrums, but a set of well-located, elite properties are in high demand, and the owners are willing to spend what it takes to retain top […]

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Glenstar’s Michael Klein Is Betting You’ll Want To Work In The Suburbs Someday

Michael Klein is trying to make the suburbs cool. By the end of next year, his Chicago-based development firm, GlenStar Properties, will have spent more than $100 million over five years modernizing major office properties […]

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55 E. Monroe Earns Top Certification From Wiredscore, Energy Star And Leed

GlenStar Properties’ 55 E. Monroe has been recognized by the industry’s leading organizations for best practices in the areas of telecommunications connectivity, energy performance and sustainability, earning WiredScore, ENERGY STAR and LEED, Gold certifications in […]

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Chicago Area’s Top Office Sales, August 2018

More than $158 million was spent on the five largest Chicago-area office property transactions in August. Of that total, more than 75 percent of it came in one deal: the $121.5 million sale of an […]

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Glenstar Co-hosts 3rd Annual Suburban Office Market Conference.

On Thursday, September 20, 2018, REjournals hosted the 3rd annual Suburban Office Market Conference, co-hosted by GlenStar Properties. More than 150 industry professionals flocked to the Schaumburg Corporate Center to hear about the latest trends […]

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Gigantic Sports Facility Moves Forward In Lincolnshire

Trustees cleared the way for a huge athletic and recreational facility at the site of a vacant office complex at Half Day Road and I-94. LINCOLNSHIRE, IL — Lincolnshire village trustees Monday advanced a plan […]

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