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CHICAGO-Occupancy at Trizec Properties, Inc.'s Central Loop asset stands at 97%, while the rest of the submarket dealing with a 17.1% overall vacancy rate. Syd Jerome, Picture Us Framing, Stevens Maloney and Metromart Newsstand also renew deals for retail space.
LISLE, IL-Dallas-based Prentiss Properties fills its 99,329-sf property at 850-950 Warrenville Rd. as National-Louis University takes most of the building. Despite being part of a flurry of activity in the area, vacancy in the western end of the East-West Corridor still stands at 31.2%.
CHICAGO-YMCA of the USA renews its deal at 101 N. Wacker Dr. into mid-2009 with Equity Office Properties Trust, capitalizing on the weak Downtown office market.
GURNEE, IL-Los Angeles-based stainless steel supplier Ta Chen International signs a 10-year, 11-million-sf deal with the Oakbrook-based REIT for the newest building in its 135-acre CenterPoint Business Center-Gurnee.
WESTMONT, IL-The Toronto-based insurance company buys two buildings totaling 192,190 sf at 900 Oakmont Lane and Oakmont Plaza Dr., worth $20 million according to their most recent assessment.
CHICAGO-The legendary blues club co-founded by Buddy Guy will reopen in 3,100 sf at Harper Court. Joining The Checkerboard Lounge at 5201 S. Harper will be Harper Grille, opening in 5,000 sf.
BOLINGBROOK, IL-Philadelphia-based Berwind Property Group pays $16.5 million for two buildings totaling 730,500 sf in the Remington Lake Corporate Center. Tellabs leases back 94,000 sf for three years.
CHICAGO-Tabet DiVito & Rothstein moves four blocks south in January to 17, 613 sf on the seventh floor of The Rookery building at 209 S. LaSalle St. Denver-based Policy Studies Inc. opens a Chicago office in 24,662 sf at Civic Tower, 32 W. Randolph St.
CHICAGO-Six years after New York-based the Praedium Group LLC and Golub & Co. take over a building about 50% leased, they sell it for a healthy $152 per sf to NV of America Inc., who inherits an asset 95% occupied. The city of Chicago has more than 100,000 sf.
CHICAGO-The overall industrial vacancy rate has increased over each of the last three quarters, according to CB Richard Ellis, with the far southwest suburbs leading the way at 17.4%.
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