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GGP Likely To Emerge From Bankruptcy This Year
By Katie Hinderer
CHICAGO-GGP has reached an agreement with lenders to restructure $8.9 billion of secured mortgage loans, with an average maturity of 6.4 years. ... Full Story
Robert Morris Inks 323,000-SF Lease
By Katie Hinderer
CHICAGO-The University will take an additional 39,000 square feet at 401 S. State St. ... Full Story
JLL Sees Robust Growth in 2011
By Katie Hinderer
CHICAGO-The office market is likely to be the slowest to recover and will not see rent growth until the third quarter of 2011. ... Full Story
Construction Completes on the Promenade's Aloft Hotel
By Katie Hinderer
BOLINGBROOK, IL-The $14-million project, which was first announced in April 2008, contains 155-rooms on four floors. ... Full Story
Dover Corp. Moves HQ to Chicago
By Katie Hinderer
CHICAGO-The company plans to consolidate four regional headquarters and its corporate headquarters into the Chicago location. ... Full Story
William Blair & Co. Extends 324,700-SF Lease
By Katie Hinderer
CHICAGO-After seeing the River Point project fall through the investment firm has opted to stay put in the West Loop. ... Full Story
Ferguson Enterprises Leases 149,522 SF
By Katie Hinderer
CHICAGO-The wholesale supplier will consolidate a number of smaller locations in the market, moving into the new space in January. ... Full Story
Grubb Hires Edwards to Run New Retail Group
By Katie Hinderer
CHICAGO-He will serve as executive vice president and managing director of the Retail Occupier Services Group. ... Full Story
74% of Companies Will Invest in Sustainability
By Katie Hinderer
CHICAGO-Nearly 90% of respondents said sustainability is a major criteria when making leasing decisions and 41% always consider green certifications. ... Full Story
AT&T Inks 74,000-SF Lease
By Katie Hinderer
CHICAGO-The company will occupy space at 929 W. Cermak Rd. in a deal that is valued at $13 million. ... Full Story
Ryan Cos. Breaks Ground on $24M Project
By Katie Hinderer
FOX LAKE, IL-The elderly-housing development will include 100 units at the corner of Big Hollow Road and West Nippersink Road. ... Full Story
HFF Secures $100M for Multi-Housing Portfolio
By Katie Hinderer
CHICAGO- Three of the loans are part of the Freddie Mac CME program while the fourth loan is part of the Freddie Mac Capped ARM program. ... Full Story
@properties Makes Three New Hires
By Katie Hinderer
CHICAGO-The local firm has pulled two 25-year veterans from Jameson Realty as well as a broker from Sheldon Good & Co. ... Full Story
Block 37 Inks 13 New Tenants
By Katie Hinderer
CHICAGO-Another 18,050 square feet has been filled in the 280,000-square-foot development. The first round of stores will open this month. ... Full Story
Construction Complete on Silver Cross Health Center
By Katie Hinderer
CHICAGO-The 56,000-square-foot medical office building will soon be joined by a 600,000-square-foot hospital on the property. ... Full Story
Hyatt Stockholders IPO Launches This Week
By Katie Hinderer
CHICAGO-Three company officials are selling a portion of their common stock, 38 million shares, with the hopes of acquiring $988 million. ... Full Story
Liquidity Trumps Loss Reserve Issues
By Katie Hinderer
CHICAGO-Just shy of half the respondents said they plan to utilize auctions for property and note sales in 2010. ... Full Story
OfficeMax Stands Pat on Closures
By Debra Hazel
NAPERVILLE, IL-Major store closures are not planned for 2010, the first year since 2006, though 25 doors will be shut in 2009. ... Full Story
Former First Industrial CEO Launches Investment Co.
By Katie Hinderer
CHICAGO-The locally-based company plans to focus on industrial properties through acquisition, development or operation. ... Full Story
Demar Logistics Expands with 90,733-SF Lease
By Katie Hinderer
ROSEMONT, IL-The company occupies 201,090 square feet just a block away from its new facility. ... Full Story
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