News

July 21, 2020
McCaffery
McCaffery, the controlling entity of SCORE-CDE, is pleased to announce it has been awarded $50 million in New Markets Tax Credits (NMTC) from the U.S. Department of the Treasury’s Community Development Financial Institutions (CDFI) Fund. SCORE is a Community Development Entity that provides capital to qualifying businesses and projects in highly distressed low-income areas marked by industrial flight in Illinois and Indiana. First funded in 2012, SCORE has received $235 million in awards to date.
July 16, 2020
CHICAGO, IL – July 16, 2020 – McCaffery’s tenant representation services secure The Lovesac Company’s two newest locations, at 911 West Randolph Street in Chicago’s West Loop, and 302 Commons Drive, Suite 2080 at the Geneva Commons in Geneva, Illinois. Both are expected to open by year-end 2020.
July 13, 2020
JoAnne Harrop | TribLive
When you think of the Strip District, visions of markets and music and cafes enter your mind. Artist, illustrator and muralist Brian Holderman, of Holderman Art Graphics, set out to capture those images in a larger-than-life scene. He created a digital illustration showcasing the personality of the Pittsburgh neighborhood where people shop, dine, and are entertained. His works were installed on Friday at The Terminal building along Smallman Street. The area will be host to shops and office space as well as a market.
July 9, 2020
Carisa Chappell | The Real Deal
Chicago’s high-end condo buyers and apartment renters are shifting their priorities in a Covid world, and are seeking out units with balconies, and communal spaces with plenty of room. Dan McCaffery, CEO of developer McCaffery Interests, said Chicagoans “are spending more time at home than ever before and taking stock in those environments.” One of the firm’s developments is The Orchard Private Residences at 2350 N. Orchard St. in Lincoln Park. The 32-unit condo building under construction will open later in the summer or early fall. Units include balconies of varying sizes and for the top...
July 6, 2020
Michael Machosky | NEXT Pittsburgh
With the massive, five-block Terminal redevelopment in the Strip District on its way to completion this fall, the same developer has plucked a nearby piece of land for future development. Chicago-based McCaffery Interests has acquired a 3.5-acre site adjacent to the former produce terminal from Rugby Realty, a New Jersey-based developer that had planned the $80 million Brickworks office development on the spot.
July 6, 2020
Mark Belko | Pittsburgh Post Gazette
Chicago-based McCaffery Interests has acquired a 3.5-acre site next to the terminal from Rugby Realty, which at one time had plans to build an $80 million office and retail development there. McCaffery closed on the acquisition last week. It paid a cool $19.5 million, or almost $130 a square foot, for the sprawling tract, which runs along Smallman Street from 21st to 23rd streets. The purchase adds to McCaffery’s considerable holdings in the Strip.
May 21, 2020
Michael Machosky | NEXT Pittsburgh
Anyone is invited to submit a story to Stories of the Strip, which can be written, or a video, song, poem, sound bite or original art. The first 25 submissions will get a $25 gift card to a Strip District business, such as DiAnoia’s Eatery, De Fer Coffee & Tea, Pennsylvania Macaroni Company or Enrico Biscotti Company.
May 18, 2020
RE Journals
Co-developed by Hines and McCaffery, The Orchard is a collection of sophisticated private residences in Chicago’s Lincoln Park neighborhood. Jameson Sotheby’s International Realty is handling sales of the condo units within the property.
May 12, 2020
How McCaffery is staying in touch with residents and tenants at Lincoln Common
May 8, 2020
RE Journals
BISSELL has joined the tenant roster at the McCaffery’s Fulton Market office development in Chicago, Twelve01West. BISSELL will occupy 7,473 square feet of office space on the sixth floor of the building, next to The Coca-Cola Company office. JLL’s Brad Despot and Michael Curran represented McCaffery in the deal. “We are thrilled for this move as it deepens BISSELL’s roots within the Chicago market and provides us with ideal office space to grow our team and continue to attract top talent,” said Mitch Brandow, vice president integrated marketing at BISSELL. “Our spot at Twelve01West offers...

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