Archive | January, 2010

Veteran real estate attorney earns partner status at Minnesota law firm

January 29, 2010 Christopher Jones in early January became the latest partner at Eden Prairie, Minn.-based Hellmuth & Johnson, PLLC. With the addition of Jones, the Hellmuth & Johnson law firm now has 17 partners and 20 associates. Read more...

Midwest Real Estate News, Minnesota Real Estate Journal, News Comments (0)

Illinois suffers its own lost decade

January 29, 2010 The State of Illinois never recovered from the 2000 recession, and, now with budget woes and unemployment still rising, the state is on the verge of extending its own lost decade into two lost decades, said a University of Illinois professor. Read more...

Illinois Real Estate Journal, News Comments (1)

KBS Realty and FDIC finalize lease

January 28, 2010 KBS Realty Advisors of Newport Beach, Calif. has finalized a total-building,150,705-square-foot lease at Woodfield Corporate Center in Schaumburg, Ill. Read more...

Illinois Real Estate Journal, News Comments (0)

Sodexo relocates

January 28, 2010 Sodexo America is relocating its operations and leasing space at 3709 N. 25th St. in Schiller Park due to a change in its business model. Read more...

Chicago Industrial Properties, Illinois Real Estate Journal, News Comments (0)

NAI DESCO facilitates pair of office/warehouse leases in Missouri

January 28, 2010 St. Louis-based NAI DESCO recently closed two large office/warehouse leases in Missouri. John Sheahan with NAI DESCO represented both leasers in the transactions. Read more...

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Mann Properties acquires mortgage debt on 140,000-square-foot commerce park

January 27, 2010 Indianapolis-based Mann Properties, along with a group of investors, recently formed a new real estate investment group that acquired the senior mortgage debt on Georgetown Commerce Park Read more...

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NAI Daus brokers sale of 10,000-square-foot office building in Ohio

January 27, 2010 NAI Daus recently brokered the sale of 600 Alpha Park in Stow, Ohio. Interchez Properties, LLC purchased the 10,000-square-foot free-standing office building from Family Man Properties LLC. Read more...

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Benson-Orth to build four new Walgreens stores in Minnesota

January 27, 2010 Despite the sluggish economy, and the general slowdown in retail development, Benson-Orth Associates has continued to build new Walgreens stores for developers in New Prague, Grand Rapids, Roseville and Rochester, Minn. Read more...

Midwest Real Estate News, News Comments (1)

Uncertainty still lurks in capital markets

January 27, 2010 Despite national statistics indicating the economy is on the mend, optimism is in short supply in the commercial real estate industry. Read more...

Illinois Real Estate Journal, News Comments (0)

Mid-America Real Estate Report Shows 2nd Year of Decline in Chicagoland Shopping Center Development

January 27, 2010 For the second consecutive year, new shopping center development in the Chicago area has declined as a result of a sluggish US economy, according to an annual survey by Oakbrook Terrace, Ill.-based Mid-America Real Estate Corporation. Read more...

Illinois Real Estate Journal, News Comments (0)