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CHICAGO-"Michigan Avenue may be the best example on Earth of a market gone mad," says Northern Realty Group president Bruce Kaplan, adding net-leased Walgreens properties also are being bid up by Section 1031 exchange investors.
CHICAGO-In addition to the high-visibility 311 S. Wacker Dr., where 18% of the 1.3-million-sf building is available, Michael Klein and Christian Domin bring a contract to lease 211 W. Wacker Dr. from CB Richard Ellis.
ELK GROVE VILLAGE, IL-The 270,118-sf industrial building at 2000 Pratt Ave. is sold to Sanfilippo Holdings. John B. Sanfilippo & Son, Inc. is headquartered around the corner in the Centex Industrial Park.
CHICAGO-Offering further proof that more is learned during tough times than runs of good fortune, J. Paul Beitler recalls "the worst year of my life" with Real Estate Media editor-in-chief Michael Desiato as well as developments thwarted by unpredictable events.
CHICAGO-The local commercial real estate market should plod along through the rest of 2004, experts tell more than 400 at RealShare Chicago Thursday. However, the Downtown multifamily market may be in for stormy weather, while hotels may enjoy a renaissance, some suggest.
LINDENHURST, IL-Skokie-based Raybec Investment Co. Ltd., which paid $60 per sf for the community center, is considering whether to divide the 32,000 sf once occupied by an Eagle grocery store into smaller spaces or tear it down.
CHICAGO-The 24-hour sports network that debuts in October signs a 40,000-lease with Vornado Realty Trust's Merchandise Mart Properties, Inc. for space at 350 N. Orleans St., which recently landed the Chicago Sun-Times.
CHICAGO-The existing four-story, 23,500-sf Inn at Lincoln Park at Diversey Parkway and Lehmann Court would be replaced by a 14-story building with 105 guest rooms plus 45 extended-stay suites and 14,590 sf of ground-floor retail space.
CHICAGO-The EOP InterNotes are being sold in $1,000 increments. The first round of sales are four- and six-year notes at fixed rates of 4.75% and 5.25%, respectively. Proceeds will be used for general business purposes.
CHICAGO-Trizec Properties, Inc. lost the management contract at the 3.5-million-sf West Loop office building following its recent sale, but it has kept top executives involved in running Sears Tower. They mostly get new posts, focusing on the REIT's Chicago portfolio and in one case, beyond.
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