Wednesday Report: CB replaced | Michigan Avenue eatery | North Side foreclosure suits

GE replaces CB Richard Ellis on suburban portfolio (Crain's) — In an apparent bid to battle rising vacancies while cutting costs, GE Real Estate is changing the management of its sprawling suburban Chicago office portfolio, replacing CB Richard Ellis Inc. with three rival firms. The switch comes about a month after executives with the unit ... Read More New eatery signs at former Bennigan's on North Michigan Avenue (Crain's) — The owners of a popular Wicker Park pub plan to open a new watering hole in the former Bennigan's on North Michigan Avenue. The 210-seat restaurant at 225 N. Michigan Ave. will be called Sweetwater Tavern & Grille, says Chris Bisaillon, an officer with Bottleneck Management LLC, ... Read More • North Side developers face $11 million in foreclosure suits • Hawaii rancher buys suburban industrial building • River North nightclub files for bankruptcy protection • Banner day at soon-to-be-renamed Sears Tower Download Crain's Directory of Chicago Real Estate Dealmakers Submit an event for our weekly calendar. Send us news of your job change. Get news from ChicagoRealEstateDaily.com delivered free to your desktop