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CHICAGO-Rubens & Marble, Inc. puts its 62,100-sf brick building on a 32,200-sf site at 2340 N. Racine Ave. on the market, likely spurring additional hotel, institutional, residential or mixed-use development.
CHICAGO-The Tradition at Canterfield in West Dundee, the Preserve at Kirkland Crossing in Aurora and Preserve at River Run in Naperville have been developed by the Altman Cos. within the last three years, and command a sales price of $151,700 per unit.
CHICAGO-The largest architectural firm in the city wins a 22% savings in occupancy costs under a restructuring and extension of its 71,718-sf deal at 111 W. Washington St.
CHICAGO-Chief investment officer Casey Wold gets a $1.7-million severance deal after turning in his resignation as chief investment officer and director of Trizec Properties, Inc. after nearly 10 years.
CHICAGO-A joint venture of developer Hines Interests LP and California Public Employees' Retirement System gets $303 per sf for the 37-story West Loop office building completed last year.
CHICAGO-The joint venture of the two Chicago-based companies pick up 3,008 units in the suburban Atlanta and Orlando markets from developer Post Properties, Inc.
CHICAGO-Russell C. Salzman, president and chief executive officer of the Greater North Michigan Avenue Association since 1990, joins the Institute of Real Estate Management as executive vice president and chief executive officer, the group's top staff job.
CHICAGO-Developers of a 180,000-sf Target store, 12-screen Kerasotes movie theater, Aldi food store and two 70-unit multifamily rental buildings on 5.7 acres in the Uptown neighborhood will get $26.5 million in tax increment financing assistance.
CHICAGO-Developers get $1.9 million in tax increment financing to help pay additional environmental remediation costs before work on a 62,000-sf grocery store and another 32,000 sf of retail space in the 6900 and 7000 blocks of S. Ashland Avenue begins.
CHICAGO-The tech downturn that battered the San Jose office market hits home for the largest US office REIT, which now expects $229 million less from the sale of 46 assets there and elsewhere totaling 2.8 million sf.