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CHICAGO-With buyers being increasingly priced out of the Oak Park condominium market, GenOne Group thinks it will have a tempting project in its 27-unit Corcoran Condos just across Austin Avenue.
ALGONQUIN, IL-Investors pay a combined $8.9 million for ConocoPhillips gasoline stations and convenience stores in this suburb as well as Batavia further south. The capitalization rates are 8.75% for the Algonquin location and 9% for the Batavia property.
CHICAGO-The pension fund affiliate of New York Life Investment Management pays a reported $63 million for the 26-story office building at Madison and Franklin streets, $16 million more than its 2000 sales price.
CHICAGO-The $113-million redevelopment project at the northwest corner of Broadway Street and Montrose Avenue will bring a Target store and 12-screen theater, along with two controversial multifamily towers.
CHICAGO-Jackson, MS-based Parkway Properties, Inc. becomes sole owner again of 233 N. Michigan Ave. when it buys back Investcorp International, Inc.'s 70% stake, which cost the New York-based firm $125 million two years ago.
BLOOMINGDALE, IL-At $275 per sf, sales at Stratford Square Mall are mediocre, says Larry Feldman, whose Feldman Mall Properties paid $93.1 million for the 500,000 sf of non-anchor space.
CHICAGO-The law firm has nearly 200,000 sf on the 71st through 75th floors and has been a tenant at the tallest building in the Western Hemisphere since it opened in 1974. The deal is the first lease signed by new ownership, 233 S. Wacker LLC.
BLOOMINGDALE, IL-The Great Neck, NY-based retail reposition specialists plan about $20 million in capital improvements and stepped-up marketing to improve occupancy as well as sales, which were $275 per sf in 2003.
CHICAGO-Behringer Harvard Funds pays $51.8 million for the 368,000-sf 250 W. Pratt building near Baltimore's Inner Harbor while the REIT gets $33.8 million for the 303,000-sf Bank of America Plaza in Columbia, SC.
CHICAGO-Paying a reported $280 million, about 5% less than the 1998 sales prices, New York-based Loeb Partners Realty promises to return the 1.9-million-sf asset at 205 and 225 N. Michigan Ave. to class A status.
From Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download ResourceFrom TheGuarantors
Renter default is a critical challenge. This report, based on a survey of 400+ multifamily professionals, reveals key trends, economic drivers, and mitigation gaps to help you build resilience in 2025. You'll gain insights into the root causes of renter default, the operational strains it can put on your portfolio, and strategies you can leverage to protect your investments and maintain stability.
Download ResourceFrom Building Engines
How do your building operations measure up? Use this detailed scorecard to evaluate your operational approach across five key areas.
Download ResourceFrom TheGuarantors
Skyrocketing economic uncertainty means it’s essential for multifamily owners and operators to strengthen risk mitigation capabilities. Discover expert insights from industry experts, including the President of NMHC, to tackle 2025 challenges such as slower lease-ups, cost pressures, renter fraud, high reliance on concessions, and more.
Download ResourceFrom Placer.ai
Dive into the data to explore domestic migration patterns over the past four years -- and uncover states and metro areas emerging as relocation hotspots in 2025.
Download ResourceFrom Assurant
Picking the right renters insurance can be a headache. This guide will help you find the perfect partner for your multifamily properties so you can boost resident participation and lower your risk.
Download ResourceFrom Placer.ai
Are you noticing unexpected shifts in office occupancy and commuter behavior? This report reveals how evolving work patterns are challenging CRE brokers and offers crucial, data-backed insights for 2025. Discover a detailed analysis of office visit fluctuations, an in-depth look at midweek work trends, accurate forecasts for market recovery, real-world examples to inform strategic decisions, and actionable metrics to guide client advising. Download your copy today!
Download ResourceFrom Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download ResourceFrom TheGuarantors
Renter default is a critical challenge. This report, based on a survey of 400+ multifamily professionals, reveals key trends, economic drivers, and mitigation gaps to help you build resilience in 2025. You'll gain insights into the root causes of renter default, the operational strains it can put on your portfolio, and strategies you can leverage to protect your investments and maintain stability.
Download ResourceFrom Building Engines
How do your building operations measure up? Use this detailed scorecard to evaluate your operational approach across five key areas.
Download ResourceFrom TheGuarantors
Skyrocketing economic uncertainty means it’s essential for multifamily owners and operators to strengthen risk mitigation capabilities. Discover expert insights from industry experts, including the President of NMHC, to tackle 2025 challenges such as slower lease-ups, cost pressures, renter fraud, high reliance on concessions, and more.
Download ResourceFrom Placer.ai
Dive into the data to explore domestic migration patterns over the past four years -- and uncover states and metro areas emerging as relocation hotspots in 2025.
Download ResourceFrom Assurant
Picking the right renters insurance can be a headache. This guide will help you find the perfect partner for your multifamily properties so you can boost resident participation and lower your risk.
Download ResourceFrom Placer.ai
Are you noticing unexpected shifts in office occupancy and commuter behavior? This report reveals how evolving work patterns are challenging CRE brokers and offers crucial, data-backed insights for 2025. Discover a detailed analysis of office visit fluctuations, an in-depth look at midweek work trends, accurate forecasts for market recovery, real-world examples to inform strategic decisions, and actionable metrics to guide client advising. Download your copy today!
Download ResourceFrom Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download Resource