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BOLINGBROOK, IL-East Dundee-based ML Realty Partners fends off multiple offers to acquire a 200,000-sf bulk warehouse building at 505 Crossroads Pkwy. At $44 per sf, the price is believed to be close to the highest paid for such space in the submarket.
NILES, IL-Solis Stone takes 30,000 sf here, while Hallmark Data Systems moves from a location a block away to a 47,820-sf facility in Skokie. Topping them both, Contech Lighting takes 65,000 sf in Northbrook.
CHICAGO-The Atlanta-based REIT, which was the most prolific acquirer of class-A US real estate last year, pays $188 per sf for the 82-story, white granite tower, where the namesake tenant and BP Amoco lease half the 2.5 million sf.
HIGHWOOD, IL-A 6,400-sf retail center at 742 N. Sheridan Rd. here sells for $968,000 while the 27,686-sf Bay Ridge Court shopping center in Waukegan can be had for $3.45 million.
AURORA, IL- Houston Wire and Cable and Airborne Express take more than 67,000 sf each in separate deals here and in Lisle. Another 11,000 sf of warehouse space is claimed in Burr Ridge.
CHICAGO-Owners of the Pittsfield Building at 55 E. Washington St. may be the first, but other applications for Class L tax breaks are expected following the designation of two roughly two blocks on Wabash Avenue as a landmark area.
CHICAGO-Metropolitan Life's $770-million first mortgage on Sears Tower must be rewritten before Trizec Properties Inc. takes title to the 110-story building, Trizec president and CEO Timothy H. Callahan warns again Thursday.
CHICAGO-Previously envisioned as a condominium tower and restaurant, a 50,000-sf parking garage is sold for $4.635 million to the the Museum of Broadcast Communications, which will relocate there and build a National Radio Hall of Fame.
GLENVIEW, IL-The book retailer is backing out of projects around the US, according to San Diego-based OliverMcMillan LLC, but Knoxville, TN-based National Book Warehouse Inc. has claimed the 15,000-sf anchor spot.
CHICAGO-The Englewood, CO-based real estate operating company has two assets under contract at rich capitalization rates below 5%, pointing to likely condominium conversion. Archstone-Smith Trust's 138-unit Park Lincoln at 2470 N. Clark St. has been marketed by CB Richard Ellis.
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.
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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.
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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