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ROSELLE, IL-Five distribution buildings in the Turnberry Lakes International Business Center here are 100% occupied with the lease to Norvanco International, forced out of the Panasonic Corp. of North America Randall Road campus in Elgin as a result of its sale to John B. Sanfilippo and Sons.
ELK GROVE VILLAGE, IL-After selling a 25,020-sf building at 1510 Lunt Ave. for less than $1.5 million, the electronics firm pays CenterPoint Properties Trust $43 per sf for 955 Pratt Ave., also in the Centex Industrial Park.
CHICAGO-The department of housing has put out a request for qualifications from rehabbers and developers willing to buy and operate the Lawndale Restoration and Douglas Lawndale multifamily projects on the West Side, which need about $45 million in repairs.
ELGIN, IL-Acquisition of the 1.1-million-sf office and industrial campus at 1707 Randall Rd. is a shift from earlier plans to redevelop the former Elgin Mental Health Center, which will likely go to market.
ELGIN, IL-Acquisition of the 1.1-million-sf office and industrial campus at 1707 Randall Rd. is a shift from earlier plans to redevelop the former Elgin Mental Health Center, which will likely go to market.
CHICAGO-Allstate Insurance Co. has left a 110,000-sf vacancy at 120 S. Riverside Plaza, and Trizec Properties Inc. does not expect to finish filling the largest hole in its 2.4-million-sf portfolio here until next year.
CHICAGO-The initial interest rate on the new loan from SunAmerica Life Insurance Co. for the 920,355-sf office complex along the Northwest Tollway in Rolling Meadows is 4.84%. The variable-rate loan, at 30-day Libor plus 1.75%, replaces a 7.22% fixed-rate from Prudential Life loan that came due in 2013.
CHICAGO-The initial interest rate on the new loan from SunAmerica Life Insurance Co. for the 920,355-sf office complex along the Northwest Tollway in Rolling Meadows is 4.84%. The variable-rate loan, at 30-day Libor plus 1.75%, replaces a 7.22% fixed-rate from Prudential Life loan that came due in 2013.
DEERFIELD, IL-The new loan is 13% higher than the price paid by the limited liability corporation that bought the 180-bed skilled care facility at 300 Waukegan Rd. less than two years ago.
NAPERVILLE, IL-Midwest Warehouse & Distribution System pays $45 per sf for the eight-year-old warehouse along I-88, giving it 12 properties in the market totaling 3.5 million sf.
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.
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 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