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CHICAGO-Orlando-based Estein & Associates USA Ltd. agrees to pay $106.4 million for a 70% stake in Bank One Center at 131 S. Dearborn St., and joins the REIT in talks aimed at landing a $270-million mortgage.
ELGIN, IL-Las Vegas-based Mandalay Resort Group, 50% owner of the most lucrative Illinois riverboat casino, blames the operating cash flow of $20.6 million on the state's higher taxes.
EVANSTON, IL-Occupancy at Rotary International's 370,000-sf building at 1560 Sherman Ave. hits 93% in a submarket where vacancy approaches 20%.
DOWNERS GROVE, IL-The bank will bring occupancy at The Alter Group's 217,500-sf Corridors III at 2650 Warrenville Rd. to 87%. The first two Corridors buildings at the junction of I-88 and I-355 are 90% occupancy.
WOODRIDGE, IL-Besides a location near Interstate 55, the manufacturer of bottled waters has 20,000 sf of office space in the warehouse and manufacturing building at 10335 Argonne Woods Dr.
BOLINGBROOK, IL-While the 111,570-sf in this southwest suburb is on the market, smaller centers in northwest suburban Elk Grove Village and Schaumburg trade for $148 per sf.
CHICAGO-The idle 32,000-sf Western Chain Co. at Belmont Avenue and Honore Street is being sold to New Haven Homes, which plans to build 14 townhouses and seven single-family homes on the one-acre site.
CHICAGO-The City Council will likely approve Alderman Patrick L. O'Connor's effort to downzone residential properties in Edgewater, Lincoln Square, North Park, Rogers Park and West Ridge to stem the tide of multifamily redevelopment.
CHICAGO-Rather than assume a $766-million first mortgage held by MetLife to its balance sheet, Trizec Properties Inc. settles for $9 million for its second mortgage and equity position in the tallest building in North America, which it will continue to manage.
CHICAGO-Current B6-6 zoning would allow a developer to build a mixed-use project up to 468,000 sf at the southeast corner of 9th and State streets, now the site of a four-story single-room-occupancy building and two parking lots.
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