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ROLLING MEADOWS, IL-The former Gould Center along the Northwest Tollway sees tenants such as tire maker Bridgestone/Firestone relocate, so asset manager Tower Realty Management Corp. hires a Cushman & Wakefield to fill vacancies.
MINNEAPOLIS-Hank Dawson is promoted to vice president of property development for the electronics retail giant, which plans to add 60 outlets a year over the next four years, increasing its total from 425.
CRYSTAL LAKE, IL-Jordon and Walter Kaiser, owners and operators of Lakeshore Athletic Clubs in Chicago, offers to buy the historic Dole Mansion and Lakeside Center in this far northwest suburb of Chicago.
OAK BROOK, IL-The office REIT is in the due diligence phase of two suburban office deals worth about $18 million, company officials say, further additions to a portfolio that includes the recent $26-million 1600 Golf Rd. purchase.
CHICAGO-The Toronto-based property owner closes on the 16-story, 372,000-sf West Loop office building, the fifth it now owns in the popular submarket. TrizecHahn's holdings include Sears Tower.
LINCOLNWOOD, IL-Thirteen multifamily properties totaling 331 rental units and 20 storefronts are being sold in a sealed-bid auction next month. Properties are primarily on Chicago's North Side, including Rogers Park.
CHICAGO-Jackson, MS-based Parkway Properties, Inc. agrees to buy 233 N. Michigan Ave. for $173.5 million, the highest price paid for a Downtown office building in 2001. March First holds 13% of the space.
CHICAGO-One fallacy of dotcom implosion is "some people wonder if the Internet matters anymore" but computers are likely to continue to grow in practical usage for brokers, leasing agents, property managers and financiers.
CHICAGO-One fallacy of dot-com implosion is "some people wonder if the Internet matters anymore" but computers are likely to continue to grow in practical usage for brokers, leasing agents, property managers and financiers.