Chicago
Theres a number of people looking at new development opportunities, but the challenge remains cost, Segal says.
CHICAGO-A venture headed by local investors Mark Hunt and Fred Latsko is planning to a 2,930-square-foot store in the Gold Coast
OSWEGO, IL-HFF arranged the $21 million loan for Oswego Commons here, anchored by a Dominicks store, through Hartford Investment. Plus more Midwest news.
ROLLING MEADOWS, IL-Colliers International has negotiated a lease deal for an office space at Continental Towers in Rolling Meadows.
Green Courte Spends $360M on Parking Spot
LAKE FOREST, IL-The Pritzker group parted with the Parking Spot company, which owns and/or manages 41 airport parking facilities across the country.
CHICAGO-Sterling Bay Cos. of Chicago is planning to partner with Heitman LLC of Chicago to redevelop a West Loop office structure into a new headquarters for the meat business of Sara Lee Corp.
CHICAGO-The Ricketts family has recently bought a McDonald's restaurant property located across from Wrigley Field for $20 million.
CHICAGO-A Credit Suisse Group AG unit has agreed purchase the 16-story office building that houses the headquarters of MillerCoors LLC for approximately $91 million.
CHICAGO-The Taxman Corp. is putting in 127,000 square feet of retail, including a Marianos grocery, though Magellan Development will no longer participate in the rental housing portion.
DEERFIELD, IL-GE Capital is planning to sell three suburban office buildings totaling approximately 1.2 million square feet.
PALATINE, IL-Rochester, New York-based Home Properties Inc. has paid $20.2 million for the Gates of Deer Grove, a 204-unit apartment complex at 125 W. Dundee Road in northwest suburban Palatine.
JLL To Handle Third Portion of $1B Portfolio
CHICAGO-Equity Office Properties Trust has hired Cassidy Turley, Lincoln Property Co. and now Jones Lang LaSalle to manage its $1 billion of office bought from Duke Realty recently.
McShane Confirms New 100-Acre BTS Park
WOODRIDGE, IL-Food service firm Edward Don & Co. has already announced it will move to a 362,500-square-foot headquarters at the new Union Pointe industrial and office park.
Lehman Offers $1.3B for Majority Stake in Archstone
NEW YORK CITY-The company has filed a lawsuit against Bank of America and Barclays Plc. to block the banks sale of interest in Archstone, according to a Bloomberg story.
BURR RIDGE, IL-PCCP LLC has provided a $38.7-million senior loan to finance the note purchase and provide funds to complete Burr Ridge Village Center. Plus more Midwest news.
CHICAGO-A venture headed by Mercy Housing Lakefront Inc. has purchased an affordable-housing apartment building consisting of 210 units at 10400 S. Maryland Ave. in Pullman for $8.2 million.
LYONS, IL-A venture including Oak Brook-based Bridge Development Partners LLC and Wanxiang America Real Estate Group LLC has purchased a 312,000-square-foot cold storage facility from United States Cold Storage Inc.
Fellowship Moves to Top Floor of 30 N. LaSalle
CHICAGO-The International Fellowship of Christians and Jews signed to expand to the 43rd floor here. A Studley exec tells GlobeSt.com he sees the tenant-led market continuing.
CHICAGO-Following the subsidiary spin-off of a 30-mall portfolio, named Rouse Properties, GGP's common stock will continue to trade on the NYSE under the symbol GGP.
LINCOLNSHIRE, IL-A venture headed by Bay Harbor Islands, Florida-based Robert Finvarb Cos. has purchased SpringHill Suites, a 161-room hotel at 300 Marriott Drive in north suburban Lincolnshire, for 11.6 million.
LATEST HEADLINES
- EXCLUSIVE12 Fifth Ave. Changes Hands
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- Prologis Sells 13 Logistics Sites for $335M
- UBS Sells 50-Acre Tract Near Disney World
- Cohen Predicts $800M for New Practice
- Phillips Edison Closes $94M CMBS Loans
- Two Apartments On Block, May Fetch $77M
- Watson Comes to North Brunswick
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