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ROMEOVILLE, IL-After Florstar Sales' lease of a 444,171-sf warehouse in the Pizzuti Cos.' Pinnacle Business Center, Rapak, LLC leases 120,000 sf at Prudential Insurance Co.'s 1201 Windham Pkwy.
CHICAGO-Two office complexes in suburban Atlanta are acquired by Capital Partners for $92.3 million, reducing Trizec Properties, Inc.'s holdings in that market by 25% to 3.48 million sf. A 216,000-sf property in the Maryland suburbs sells for $38.1 million.
CHICAGO-Buildings at 6341 N. Lakewood Ave. in the Edgewater neighborhood and 7237-43 S. Bennett Ave. in South Shore sell at or near $1.1 million. The difference? The Edgewater property has just six units, while the South Shore courtyard building had 25 fully-rented units.
CHICAGO-Appraisal Research Counselors tracks $379 million in sales for larger multifamily rental buildings through the third quarter, with as much as $472 million possible from the sale of eight other buildings under contract or on the market.
SKOKIE, IL-Sheldon Good & Co. Auctions is offering a 14,790-site with two buildings at the southeast corner of Oakton Street and Crawford Avenue here, as well as a 21,675-sf building in Aurora and former restaurant at Interstate 55 and Route 53 in Bolingbrook.
CHICAGO-Redevelopment proposals for the northwest corner of Irving Park Road and Kedzie Avenue have come and gone, but the city is moving toward getting acquisition authority.
ARLINGTON HEIGHTS, IL-The largest owner and operator of AmeriHost Inn hotels will likely conduct a national search to land a replacement for president and chief executive officer Jerry H. Herman, who leaves after two years.
CHICAGO-The Dallas-based REIT gets $18.2 million for the 135,679-sf office building at Sherman Ave. in Evanston, while buying the 198,000-sf Lakeside Point I & II in Waukegan's Amhurst Business Park for $32.6 million.
CHICAGO-Holliday Fenoglio Fowler arranges a $350-million joint venture involving Investcorp that debuts with a $39.2-million acquisition of four StorageMart properties totaling 377,121 sf and 3,017 units. Self-storage assets have one of the lowest default rates among sectors, says senior managing director Mike Kavanau.
CHICAGO-Silgan Containers Corp., which has 42,000 sf at HSA Commercial's 1140 31st St. in Downers Grove; and Caravelle Travel, with 8,689 sf at Transwestern Investment Co.'s Centennial Center in Schaumburg; get breaks on lease extensions.
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