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WARRENVILLE, IL-Alpharetta, GA-based Velocity Sports Performance brings its training concepts to the local market with a lease of 26,645 sf at Globe Corp.'s building at 27615 Diehl Rd.
LEMONT, IL-The catalog and direct marketing company outgrows space in nearby Burr Ridge, and moves down the I-55 Corridor to First Industrial Realty Trust's warehouse building at 19 W. 661 101st St.
CHICAGO-The Chicago office of Holliday Fenoglio Fowler, LP expects strong condo converter and pension fund interest in the two-year-old, 480-unit "super luxury" building at 222 N. Columbus Dr., overlooking the Lakeshore East development, to drive the sales price well above $100 million.
CHICAGO-Oak Brook Bank hires Coldwell Banker Residential Real Estate's North Michigan Avenue office to sell the remaining 12 units at the condominium project it took over from developers who have pled guilty to bank fraud.
CHICAGO-The financing package arranged by GMAC Commercial Mortgage Corp. allows Forest City Enterprises to build 502 units in a 42-story rental and 11-story senior housing buildings at the northeast corner of Michigan Avenue and 13th Street.
DOWNERS GROVE, IL-A class B office building at 3051 Oak Grove Dr. draws "immediate interest" and sells for $3.2 million, or $119 per sf, in four months. Montesano Capital Management, Inc. buys the property from MKG Investments.
EVANSTON, IL-Winthrop Properties, LLC's 165-unit plan for 1567 Maple Ave. is too big for a property outside this suburb's Downtown area, the plan commission decides unanimously.
CHICAGO-With 12.1% of its net operating income being produced in the Sunshine State, Equity Residential estimates it will take a $9-million hit from the double-whammy of Hurricanes Charley and Frances.
CHICAGO-DMI Brokerage, LLC stays at 222 N. Riverside Plaza, while the Tower Club and National Automatic Merchandising Association renew deals at 2 N. Riverside Plaza.
DEERFIELD, IL-The drug store giant pays Cornerstone nearly $20.2 million, or $99 per sf, for the four-story buildings at 1411 and 1415 Lake Cook Rd., near the company's current headquarters at 200 Wilmot Rd.