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HIGHLAND PARK, IL-The 30,000-sf Equinox Fitness Center has nearly half of the space in the retail and office development on Central Avenue near Green Bay Road. Tucker Development Corp., which will lease and manage its project, also moves on site.
CHICAGO-Becker Ventures LLC, which has an interest in the conversion of the Carbon and Carbide Building into the 381-room Hard Rock Hotel, teams with Next Realty LLC to acquire the 200-space garage at 60 E. Lake St. with 20,000 sf of retail space.
CHICAGO-Four new leases totaling 7,500 sf are enough to push occupancy at the 55,574-sf retail asset on the Southwest Side, bought by Deerfield-based Learsi & Co. Inc. in 2002 for $6.8 million, to 100%.
NAPERVILLE, IL-Berkley Underwriting Partners leaves Summit Oaks in Oakbrook Terrace in favor of 15,740 sf at Park Plaza at 215 Shuman Blvd. In neighboring Lisle, Lisle Technology Partners takes 7,758 sf at 650 Warrenville Road.
NORTHBROOK, IL-Maureen Ehrenberg, who took the company to court little more than a year ago, becomes president of global client services, while Bob Osbrink runs brokerage operations as president of transaction services.
ROSEMONT, IL-The office supply retailer will occupy 17,800 sf at Ryan Cos.' 209,000-sf development at the southwest corner of Mannheim Road and Touhy Avenue, the former site of a DAP caulking plant.
LISLE, IL-The asking price for the three-building, 212,847-sf office complex at 4725-79 Indiana Ave. is just under $15 million, or $70 per sf. Philadelphia-based Amerimar Enterprises Inc. and New York-based Angelo, Gordon & Co. paid a reported $13 million for the property.
HONG KONG-Even while US corporations continue to export jobs, nearly 60% of corporate real estate executives in the Asia Pacific region are targeting cuts of more than 5% in their occupancy costs, according to a new report by Jones Lang LaSalle.
FOREST PARK, IL-The 210,000-sf office building at 8601 W. Roosevelt Rd. will become Proviso Central Math and Science Academy after serving as offices for Loyola University of Chicago administrative, information technology and finance departments.
DOWNERS GROVE, IL-With Toyota Financial Services and Cardiac Surgery Associates pushing occupancy at Corridors III near 100%, Skokie-based Alter Group is closer to breaking ground on a 250,000-sf building near the crossroads of the East-West and North-South tollways.
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