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DOWNERS GROVE, IL-The Atlanta-based public, non-traded REIT makes its second buy in the eastern end of the East-West Corridor, having paid $72.8 million in August for 3333 Finley Rd. and 1501 Opus Pl. here.
EVANSTON, IL-Condominium developer Thomas Roszak gets construction financing from Corus Bank to build 244 condominiums with 9,893 sf of ground-floor retail space at 1100 Clark St.
CHICAGO-Leasing veteran Red Weller is charge with filling the remaining 10% in each of two buildings acquired earlier this year by New York-based Aetna Realty, 122 S. Michigan Ave. and 332 S. Michigan Ave.
LAKE ZURICH, IL-McCaffery Interests reduces the size of a residential component north of Main Street from 321 units in five-story buildings to 201 town homes.
OAK PARK, IL-Holley Court Commercial Partners and Berggren Realty Corp. submit proposals that are deemed sketchy despite a 10-week window to do due diligence. Whiteco Residential's 210-unit multifamily rental tower and retail project at Harlem and Ontario avenues remains on the drawing board.
OAK BROOK, IL-Higher costs of building supplies have added about $2 per sf to developments this year. That pales in comparison to some of the increase in land prices, CenterPoint Properties Trust president and chief executive officer Michael Mullen suggests.
OAK BROOK, IL-President and chief executive officer Michael Mullen reveals the largest industrial property owner in the market is close to signing a contract to buy 3.3 million sf spread over 11 buildings, half of them less than five years old.
WAUKEGAN, IL-North Shore Gas and General Motors, the former owners of the 40-acre Waukegan Manufactured Gas and Coke plant site, will pay up to $10 million to remove 31,000 cubic yards of contaminated soil in a key piece of this city's Downtown redevelopment puzzle.
CHICAGO-Former chairman Michael W. Reschke and E. Barry Mansur have agreed to pay $6.50 per share for Prime Group Realty Trust and assume $598 million in debt. Reschke and former president Richard S. Curto were ousted by the REIT in 2002.
PALOS HILLS, IL-The General Services Administration has a 20-year lease on the 9,490-sf building at 10718 Roberts Rd., which Washington-based Gerlicher Co. acquires for $3 million.
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