Office

In the current COVID climate, Colliers' Cody Payne says private sector investors are still active and looking to buy, adding that low interest rates have activated many investors from a wide variety of areas.

The former Washington Herald Examiner office building will undergo a $41 million aesthetic transformation, implemented by Marx Realty.

The lender, Prime Finance, "didn't waiver once until we got to the finish line," says JLL's Maxx Carney.

The three-building complex is currently 93.2% occupied by such tenants as Emerson Hospital, Welch's Foods and Lexia Learning.

General funds for the state of Illinois are being revised down $2.7 billion in fiscal year 2020 and $4.6 billion in fiscal year 2021.

The property is fully occupied by marketing firm ICS Corp. The industrial/warehouse and distribution facility serves as the corporate headquarters of ICS Corp.

The 160,349-square-foot three building medical campus was 100% leased at the time of sale.

Anya Ostry joins the firm as first VP as part of a 14-member team to focus on corporate occupiers.