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CHICAGO-A decision by a potential partner to back out of a joint venture on 233 N. Michigan Ave. allows Parkway Properties Inc. to offer a two-building, two-million-sf package with other interested partners. The attempt to sell a 70% to 75% stake in the Illinois Center properties is part of Parkway Properties' strategy to shift its emphasis from ownership to an operator.
CHICAGO-The largest US office REIT, already a net seller this year to the tune of $177 million, has $1.2 billion worth of assets on the market but is considering adding to that in light of investor demand.
CHICAGO-The largest US office REIT, already a net seller this year to the tune of $177 million, has $1.2 billion worth of assets on the market but is considering adding to that in light of investor demand.
CHICAGO-The sporting goods company agrees to move its headquarters from the neighboring President's Plaza along the Kennedy Expressway to the two-building, 631,445-sf property that changed hands in March for $92 million. Although terms were not disclosed, asking net lease rates at Triangle Plaza are $14 per sf
CHICAGO-The sporting goods company agrees to move its headquarters from the neighboring President's Plaza along the Kennedy Expressway to the two-building, 631,445-sf property that changed hands in March for $92 million. Although terms were not disclosed, asking net lease rates at Triangle Plaza are $14 per sf
CHICAGO-Norwood Crossing will include 188 independent and assisted living units built on the five-acre Norwood Park Home campus at Avondale and Nina avenues. Ten buildings at the 110-year-old nursing home would be demolished, with only a 30-year-old nursing building and a service wing remaining.
NAPERVILLE, IL-The 426-room hotel with 27,000 sf of meeting space at 1801 Naper Blvd. will undergo a renovation. The property is next to Freedom Commons a 25-acre retail and restaurant development by Chicago-based Harp Group, one of the hotel's new partners.
CHICAGO-Jackson, MS-based Parkway Properties Inc. agrees to buy 111 E. Wacker Dr., also known as One Illinois Center, for $198 million. The REIT already owns Two Illinois Center, 223 N. Michigan Ave., and now has 16% of its portfolio here.
CHICAGO-Jackson, MS-based Parkway Properties Inc. agrees to buy 111 E. Wacker Dr., also known as One Illinois Center, for $198 million. The REIT already owns Two Illinois Center, 223 N. Michigan Ave., and now has 16% of its portfolio here.
SKOKIE, IL-The operator of Evanston, Glenbrook and Highland Park hospitals will use space at the Illinois Science + Technology Park for its data center. Evanston Northwestern Healthcare becomes the largest tenant at Forest City Enterprises' $30-million project.
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.
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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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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.
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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