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NORTHBROOK, IL-The ubiquitous Walgreens drug store is involved in one of three triple-net-lease deals closed by the Boulder Group. However, the largest and richest deal is an $8-million sale of a suburban Tampa building, representing a 6.13% cap rate, occupied by Coca-Cola.
CHICAGO-A 64,704-sf building at 4938 S. Kedzie Ave. had been occupied by a Jewel Food store. It will be renovated, and a 26,113-sf building will be added to create a new retail center in the Gage Park neighborhood.
ROSEMONT, IL-Governor Rod Blagojevich vows to appoint a special investigator to oversee the Illinois Gaming Board's inquiry into whether Biloxi, MS-based Isle of Capri Corp. is a suitable operator--and this suburb a suitable place--for a proposed casino here.
CHICAGO-Developer Gary Poter's plan to redevelop the landmark but functionally obsolete building at 4001-13 N. Milwaukee Ave. into 64 condominiums and 19,000 sf of retail space will result in a 7.3% return as a result of tax increment financing, rather than 2.1%.
CRYSTAL LAKE, IL-Midwest Real Estate Equities pays $20 million, or more than $100,000 per unit, for the multifamily rental complex built in 1998. The unit mix is one- and two-bedroom apartments topping out at 1,185 sf.
OAK BROOK, IL-The insurance provider for the heating, ventilating and air conditioning as well as plumbing industries subleases space ay 800 Jorie Blvd. from Reston, VA-based XO Communications.
CHICAGO-Construction financing for the 550-unit multifamily rental building, part of the $1-billion Lakeshore East development, is coming from a $115-million loan from Pacific Life.
CHICAGO-The third-largest tenant at 77 W. Wacker Dr. considered at least one opportunity to anchor a new office building, as well as other options, before renewing its lease with Prime Group Realty Trust.
ROSEMONT, IL-The $518-million offer was $2 million less than a bid that included Harrah's Entertainment building a casino in Waukegan. However, Biloxi, MS-based Isle of Capri Casinos, Inc. promises to build its 40,000-sf venue in eight months and share tax revenue with a wider number of suburbs.
CHICAGO-A 164-unit project could rise at 1200-02 W. Madison St. next year. A $3.1-million sale of the 38,768-sf city-owned site at Madison Street and Racine Avenue was approved more than a year ago.
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