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Vacant Office Building Sells for Nearly $9M
By Gina Kenny
ITASCA, IL-Falcon Real Estate Investment sheds the 75,000-sf property for $117 per sf to Gift of Hope, a not-for-profit organ and tissue donor network. ... Full Story
Downturn Creates Suburban Leasing Opportunities
By Gina Kenny
CHICAGO- Transwestern will market and lease 1.2 million sf here. The Continental Towers and Olympian Office Center are both roughly 80% leased while 800, 810 Jorie Blvd. are only about 43% leased. ... Full Story
48,000-SF Center and Outlot Sell for $7M
By Gina Kenny
FRANKFORT, IL-Crown Center is about 30% leased with tenants including Prudential Financial and Salon Rhapsody. ... Full Story
TPC Sets Up 56,000-SF Medical Office Park
By Gina Kenny
GURNEE, IL-The medical and office condominium complex has a sales value of $9.5 million. ... Full Story
Clearblue, XO Renew Offices for 48,990 SF
By Gina Kenny
OAK BROOK, IL-XO Communications Services Inc. and Clearblue Technologies/Oak Brook Inc. have renewed in the complex, which is 43% leased. ... Full Story
Fisher/Sears Joins SVN, Expects $45M in Sales
By Robert Carr
CHICAGO-The seven brokers with Fisher/Sears will focus on multifamily sales, and expect to increase their volume by about 50% from last year’s $30 million. ... Full Story
Amalgamated Sells Site, Half Leased to CTA
By Gina Kenny
CHICAGO-A Chicago-based company is acquiring the 152,922-sf industrial building, which is 50% leased by the Chicago Transit Authority. ... Full Story
Trane Inc. Renews for 50,100 SF at its BTS
By Gina Kenny
WILLOWBROOK, IL-Landlord Prime Group Realty Trust signs tenants to other decent-sized office leases around Chicagoland. ... Full Story
Loeb Gets $31M Financing for Resort Rehab
By Gina Kenny
GENEVA, IL-The Eagle Ridge Resort & Spa has an 80-room resort and golf course in addition to 283 rental units and homes. ... Full Story
Bissell Homecare Asks for 500,000-SF BTS
By Gina Kenny
ELWOOD, IL-The Midwest distribution center will be constructed in the CenterPoint Intermodal Center. ... Full Story
Blackwell Consulting Renews for 21,000 SF
By Gina Kenny
CHICAGO-The management and information technology consulting firm has re-upped its HQ lease for 10 years at 100 S. Wacker Dr. ... Full Story
Panattoni Enters Phase Two of $170M Park
By Gina Kenny
ZION, IL-The company is developing the business park, which will have 217 acres for the first two phases, and could have up to 500 acres when complete. ... Full Story
Noble Purchases AmeriSuites Hotel for $10M
By Gina Kenny
SCHAUMBURG, IL-The facility, sold by Milwaukee-based VK Suites, is undergoing a $5 million repositioning into a Hyatt Place Chicago/Schaumburg. ... Full Story
PrivateBancorp Takes 105,000-SF CBD Lease
By Robert Carr
CHICAGO-The up-and-coming bank sees the move into the hallowed hall of LaSalle Street finance as part of its growth plan, which was blamed for a Q1 net loss Monday. ... Full Story
Seller Asking $51M for 528 Apartment Units
By Gina Kenny
CHICAGO-The three apartment buildings on South Shore Drive have a combined 97% occupancy rate. ... Full Story
TA Buys 115,000-SF Building for Nearly $19M
By Gina Kenny
WESTMONT, IL-Oakmont Circle One is 90% leased, with tenants including JP Morgan Chase & Co. and KeyBank. ... Full Story
Prime Qualifies for $188M Tower Reposition
By Robert Carr
CHICAGO-The REIT is getting two separate loans from ING and GE totaling $138 million, with another $50 million acquirable for future leasing and redevelopment costs. ... Full Story
Capital Drops Conversion, Offers Apt Auction
By Gina Kenny
GRAYSLAKE, IL-The company is scrapping plans to convert the remaining 293 units at Grays Pointe to condominiums. ... Full Story
Lillibridge To Develop $15M Cancer Center
By Gina Kenny
DECATUR, IL-The 55,000-sf Cancer Care Center will be adjacent to the Decatur Memorial Hospital campus. ... Full Story
Microsoft Moves Midwest HQ to Aon Center
By Gina Kenny
CHICAGO-Microsoft Corp. has signed a lease for 78,000 sf at the Aon Center, which is more than 93% leased. ... Full Story
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