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CHICAGO-An increase in supply has become evident in the western suburbs, where AMLI Residential Properties Trust has five properties. The REIT also is keeping an eye on the local corporate housing market.
NAPERVILLE, IL-Chicago-based RMK Management Corp. says the job of turning 474-unit Heritage Hill Apartments into a luxury multifamily rental complex is half done. Residents can choose upgrade packages for their apartments.
ROSEMONT, IL-Northwest suburban Elk Grove Village, as well as a corner of the East-West Corridor close to O'Hare International Airport, proves to be fertile ground for Colliers Bennett & Kahnweiler Inc. brokers.
CHICAGO-Kmart would get a $3.7-million loan as part of a tax increment financing deal to help build a 135,000-sf store on 10.74 acres on the east side of Western Avenue between 60th and 61st streets.
SKOKIE, IL-GMAC Commercial Mortgage Corp. is foreclosing on a $12-million loan on an office building at 5750 W. Old Orchard Rd. in this north suburb of Chicago. GMAC also is allowed to have a receiver appointed.
CHICAGO-Proving it's not how you start, but how you finish, indications are that Boeing Corp. will move its executive suites from Seattle to 100 N. Riverside Plaza in the West Loop. An announcement could come today.
CHICAGO-The city wins a three-way sweepstakes for Boeing Corp.'s headquarters and 500 executive jobs it brings from Seattle beginning Sept. 4. Geography and incentives play a part in decision-making.
CHICAGO-What does it take to land an aircraft maker's headquarters in your market? Besides location and incentives, many behind-the-scenes phone calls, homework and the ability to clear hurdles at a moment's notice, says one insider.
NORTHBROOK, IL-Plastic consumer goods producer US Acrylic sells its 71,000-sf building at 310 Huehl here for $2.66 million but remains there under one of three sale-leasebacks closed by Arthur J. Rogers & Co.'s Mark Baumhart.
CHICAGO-State Street Associates will pay $10.2 million, minus up to $2 million for demolition and environmental remediation, for a block-long South Loop site at 1101-83 S. State St. for a mixed-use project.