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WEST CHICAGO, IL-CenterPoint Properties Trust will build 5 million sf of industrial and commercial buildings on 413 acres near the state's third-busiest airport and the Fermi lab. NASA and the US Department of Defense are likely early tenants.
OAK BROOK, IL-The largest industrial property owner in the market will increase its portfolio to 40 million sf with eight properties totaling three million sf, most of it institutional quality.
ARLINGTON HEIGHTS, IL-Revenue per available room drops 2.5% last month compared to November 2003 for Arlington Hospitality, Inc., which has most of its properties in the Midwest US. Meanwhile, it is appealing The Nasdaq Stock Market's move to de-list Arlington Hospitality common stock.
CHICAGO-Residential developer Robert King will build 49 townhouses, two-flat units and single-family homes on city-owned land in the 8900 block of S. Loomis Avenue, which his Carroll Properties is paying $819,147.
CHICAGO-Jameson Development LLC's $37-million building along the Green Line elevated tracks will add 198 one-bedroom and one-bedroom-plus-den units to the Downtown condominium market in early 2006.
CHICAGO-In addition to tax increment financing, the city is writing down the cost of its land in the 3200 block of W. Division Street by more than $2 million to allow Bickerdike Redevelopment Corp. to build 57 affordable multifamily rental units and 12,585 sf of retail space
BLOOMINGDALE, IL-MAXRAD Products Group pays value-added specialists Evergreen Realty Partners $64 per sf for the office, warehouse and manufacturing building at 471 Brighton Dr. in the Covington Business Center.
NEW LENOX, IL-Finding nothing suitable in the Joliet and Mokena areas, Moulding & Millwork signs a 204,436-sf build-to-suit deal in the Cherry Hill Business Park.
OAK BROOK, IL-Having already paid nearly $200 million for office properties in Schaumburg and North Carolina, Inland Western Retail Real Estate Trust closes on $300 million more in office deals with another $90 million on the way. The recent deals are sale-leasebacks with American Express.
OAK BROOK, IL-Chatham Ridge on Chicago's South Side, Marketplace at Six Corners on the Northwest Side, Cobbler Crossing in Elgin, Shoppes of Mill Creek in Palos Park and Woodfield Commons in Schaumburg have a combined net equity of $56 million, says Inland Real Estate Corp., which will add three more.
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