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CHICAGO-The hotel chain admittedly is taking on the role of urban pioneer with plans for a 109-room hotel at 4801 S. Cicero Ave., a mile north of Midway Airport.
CHICAGO-Other historic office buildings along a stretch of Michigan Avenue overlooking Grant Park have been in the crosshairs of multifamily redevelopers. Didco Urban Renewal Co. keeps 122 S. Michigan Ave. off the boards.
ELK GROVE VILLAGE, IL-New Plan Excel Realty Trust assumes a $14.5-million mortgage from Hamilton Partners as part of the acquisition of the 131,849-sf Elk Grove Town Center, anchored by Dominick's and Walgreens.
DOWNERS GROVE, IL-The 175,000-sf asset at 1333 Butterfield Rd. is acquired by Barrington-based Fulcrum Asset Management and Chicago-based Blue Vista Capital Partners for $4 million more than what the previous owner, an Irvine, TX-based limited partnership, paid in 1996.
NORTHBROOK, IL-One result of the $4.5-billion sale of the Eckerd pharmacy chain is CVS supplanting Deerfield-based Walgreen as the largest US drug store chain. Eckerd stores already make up 42% of the available net-lease drug stores on the market, according to the Boulder Group.
DES PLAINES, IL-Markle-Korff Industries leases 51,580 sf at 1905 S. Mt. Prospect Rd. here while Aero Snow Removal Co. takes a 14,343-sf building at 2130 Oxford. Both moved from other Des Plaines locations.
CHICAGO-A 9.3-acre site where DuPont once had a factory is being acquired by developer Warren Baker, who hopes to build a 45,720-sf store for Best Buy and a 132,900-sf department store for Kohl's.
CHICAGO-A survey finds 80% of corporate real estate executives expect their companies to ship call centers and information technology operations overseas to cheaper labor markets, and 90% unfazed by bad publicity or proposed legislation.
LINCOLNSHIRE, IL-Three deals, led by CUES Corp.'s 74,703-sf deal here, are struck by brokers from CB Richard Ellis' Bannockburn office. Coleman Cable takes 75,082 sf in Gurnee and Biddeford Blankets signs a 55,149-sf deal in Mundelein.
CHICAGO-Although it collected $22.8 million in the first quarter from tenants exiting leases early, Equity Office Properties Trust note it is 16% less than the fourth quarter of 2003.
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