News

January 16, 2024
McCaffery welcomes Drip Collective to Twelve01West, in Chicago’s Fulton Market neighborhood. The new concept from Lincoln Square’s Side Practice Coffee, Drip Collective, will open in 1,778-square-feet at 172 N. Racine Avenue in January 2024.
November 29, 2023
Ivanhoé Cambridge, Hines and McCaffery, global real estate firms, today announced Xcel Energy-Colorado has pre-leased the entirety of office space at T3 RiNo, the new six-story, mass timber office building in Denver’s River North Arts District (RiNo). Xcel Energy will be the largest office tenant in the RiNo submarket upon relocating to its new 220,172 square-foot regional headquarters at T3 RiNo.
August 20, 2023
CoStar News
Six-Floor Office Property in Denver Marks Latest Construction for Quebec-Based Nordic Structures. Rising from the streets of Denver is an innovative six-floor, soon-to-be-completed timber office building that at first glance is an achievement for developers Hines, Ivanhoé Cambridge, McCaffery and the Nordic Structures/Chantier Chibougamau lumber firm.
July 5, 2023
Hal B. Klein I Pittsburgh Post-Gazette
Shake Shack is thrilled to announce that it’s expanding to Pittsburgh, Pennsylvania in 2023. The company will debut its first Pittsburgh restaurant at The Terminal – an adaptive reuse of Pittsburgh’s old Produce Terminal in the Strip District – and is expected to open in 2024. Shake Shack currently has 12 locations in Pennsylvania, all within the greater Philadelphia region.
June 15, 2023
McCaffery Brokerage is proud to announce it has executed the seventh lease on behalf of furniture innovator, The Lovesac Company®. As tenant representative for the brand, McCaffery leveraged its market knowledge, current and forecasted economic data, and consumer trends to identify ideal locations for new Lovesac brick-and-mortar showrooms across Illinois and Indiana.
May 11, 2023
Ella Fertitta, Urban Land Institute
Today, the Urban Land Institute (ULI) announced 20 finalists for the 2023 ULI Americas Awards for Excellence, one of the most prestigious awards programs in the real estate industry. This year’s finalists include 19 developments in the United States and one in Canada. Three additional projects from the United States received special mentions.
May 3, 2023
McCaffery is proud to announce and support through its Community Development Entity, SCORE-CDE, an award of $10 million of New Markets Tax Credits (NMTC) to Esperanza Health Centers. Esperanza Health Centers will use the allocation to finance the construction and equipping of a new Federally Qualified Health Center (FQHC) in Chicago’s southwest Brighton Park neighborhood.
April 24, 2023
235,000-Square-Foot Mass Timber Office Building is One of The Most Sustainable Developments in Denver
March 30, 2023
Maya Valetta I Pittsburgh Magazine
McCaffery is pleased to announce it has signed a lease with virtual reality gaming company Sandbox VR at The Terminal in the Strip District. This first Pennsylvania location for Sandbox VR will offer its unique socially immersive gaming experience in 5,571-square-feet starting in Summer 2023.

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