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CLARENDON HILLS, IL-An Addison-based partnership buys the 159-unit property in this DuPage County suburb for $14.4 million. Built on 11 acres, the multifamily project is about 40 years old.
ALGONQUIN, IL-The electronics retailer hopes to open early next year in the 650,000-sf lifestyle and big-box center at the corner at Randall Road and County Line roads.
CHICAGO-Mills Corp. executive vice president of development Steven J. Jacobsen says there is "strong interest" from hotel developers wanting to build rooms at 108 N. State St.
CHICAGO-Mills Corp. executive vice president of development Steven J. Jacobsen indicates he has no shortage of prospects for space in the 417,000-sf retail and entertainment complex that will form the base of the redevelopment of "Block 37."
CHICAGO-Work is scheduled to begin next spring on a 417,000-sf retail and entertainment venue at 108 N. State St. Mills Corp. is paying $12.3 million for the land, nearly $25 million less than a recent appraisal, but is building infrastructure for a mixed-use project that could grow to two million sf. Mills is busy as well in <a href="http://www.globest.com/news/136_136/boston/127468-1.html">Massachusetts</a>.
CHICAGO-CenterPoint Properties Trust gets the keys to 24 buildings totaling more than 3.4 million sf, as well as 128 acres of industrial land, at the first of two closings on the $125-million deal with Prime Group Realty Trust.
CHICAGO-Northbrook-based KNS Developments will get $3 million in tax increment financing to help build its $18.3-million, 42-unit project at Damen and Lawrence avenues. A CVS pharmacy will occupy most of the 11,900 sf of ground-floor retail space.
OAK BROOK, IL-A 10-year, triple-net lease with former owner GMAC Insurance Management Corp. made the 501,064-sf office property in Winston-Salem, NC attractive to Inland Western Retail Real Estate Trust, whose holdings are mostly retail properties west of the Mississippi River.
BATAVIA, IL-The building at 1051 N. Kirk Rd., one of two industrial assets Prime Group Realty Trust did not sell to CenterPoint Properties Trust in their $125-million deal, is now leased to BFC Forms.
TROY, MI-The $2.5-million building replaces temporary offices in the Oakland County government complex and other rented space in Pontiac, bringing the high-tech business support group's operations under one roof.
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