Commercial real estate instant insights for powerful business research, trends, and extensive education and information on CRE markets, practices, industries and sectors
Become a GlobeSt influencer! Learn about our latest recognition opportunities highlighting the individuals, firms and teams changing the commercial real estate landscape.
WEST CHICAGO, IL-Itasca, IL-based FCL Builders, Inc. is constructing the warehouse and office building for the food products maker on 9.16 acres at Charles Ct. and Helena Dr. in this East-West Corridor suburb.
BUFFALO GROVE, IL-ITW Paslode renews its lease on 22,567 sf at 1534 Barclay Blvd. in this north suburb. Norman Ross of Arthur J. Rogers & Co. also represents owner and tenant in Data Net Systems' renewal of 10,439 sf.
CHICAGO-Some wonder if the Chicago Sun-Times' riverfront site at 401 N. Wabash Ave. is suitable for the world's tallest building. However, Mayor Richard M. Daley's main concern is architectural quality.
WILMINGTON, IL-Meritex Enterprises buys a 430,000-sf facility formerly used by Johnson & Johnson, leases 112,265 sf to Ivex Packaging Corp. and plans to develop the 79-acre site for additional commercial and industrial use.
CHICAGO-The Two River Place LLC site is south of Wards' massive headquarters, which also is being rehabbed into 241 condominium units. Prices would range from $200,000 for one-bedroom units to $700,000 for three-bedrooms.
CHICAGO-A 22-story office building, with up to 450,000 sf, is being proposed by MKDG/Buck 123 LP and 505 Venture Co. LLC. The John Buck Co. and Marvin Davis developed adjoining 515 N. State St. in 1990. The new development would give the JV twin side-by-side assets.
CHICAGO-Zifkin Realty & Development eyes more locations for the Denver, CO-based restaurant chain. So far, locations have been landed in Algonquin, Lincolnshire, Schaumburg, Warrenville and Wheaton.
CHATTANOOGA, TN-Jupiter Realty Corp. sells 156-unit Autumn Brook Apartments in the northeast suburb of Hixson for $6.2 million while Aries Capital provides a $3.6-million, 10-year loan for the limited-service Days Inn Rivergate.
CHICAGO-The retail REIT's response to the Internet threat to bricks-and-mortar retail ends up in a write-off of up to $65 million. Retailers are under less pressure now to jump on the high-tech bandwagon, GGP officials say.
CHICAGO-The third major office deal in the largest submarket brings the total volume to $99.5 million. While $18.2 million was more than twice what the sellers paid in 1997, 29. N. Wacker Dr. underwent major renovations.