Archive | October, 2010

BNSF selects Illinois companies to serve as contractors on Kansas intermodal project

October 21, 2010 BNSF Railway Company in mid-October selected a pair of Illinois-based construction companies, Joliet-based T.J. Lambrecht Construction and Chicago's Walsh Construction, as the primary civil contractor to construct its new intermodal facility southwest of Kansas City in Edgerton, Kan. Read more...

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

Friedman negotiates lease for auto repair business in Michigan

October 20, 2010 Farmington Hills, Mich.-based Friedman Real Estate Group recently negotiated the lease of 6,455 square feet of industrial space located at 13365 Nine Mile Road in Warren, Mich. Read more...

Midwest Real Estate News, News Comments (0)

KTC Properties, Golub & Company Acquire Class A Office Building in Downtown Chicago

October 20, 2010 KTC Properties in joint venture with Golub & Company, has closed on the purchase of 225 W. Washington Street, a 28-story Class A office building in downtown Chicago. Read more...

Illinois Real Estate Journal, News Comments (0)

Sperry Van Ness represents Flaco’s Tacos in second location

October 20, 2010 Flaco’s Tacos, a fast casual Mexican restaurant has secured approximately 1,500 square feet of retail space at 46 E. Chicago Avenue. Read more...

Illinois Real Estate Journal, News Comments (0)

Jacob Gehl: Large institutional transactions bring confidence to senior housing

October 20, 2010 Mark Thomton, editor of the Illinois Real Estate Journal, recently sat down with The Gehl, Firestone & Dole Group of Marcus & Millichap, a group that specializes in senior housing properties. Here is a transcript of his conversation with Jacob Gehl, Benjamin Firestone, and Isaac Dole. Read more...

Illinois Real Estate Journal, News Comments (2)

Underwater home loans continue to drag down economy

October 20, 2010 Of all the problems facing the national economy today, few are as troublesome as the growing number of homeowners who are underwater on their mortgage loans. Read more...

REJournals Blog Comments (0)

Podolsky Northstar marketing one of largest land tracts in Chicago suburb

October 20, 2010 Riverwoods, Ill.-based Podolsky Northstar CORFAC International is marketing one of the last and largest tracts of undeveloped land in the Chicasgo suburb of Orland Park, Ill. Read more...

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

New leasing activity decreased 36% year-over-year in Chicago

October 19, 2010 Cushman & Wakefield has released its third quarter 2010 statistics for the U.S. office market that show leasing activity in Chicago decreased 36.6 percent year-over-year, ending the third quarter at 1.1 million square feet, compared to 4.6 million square feet at the end of the third quarter of 2009. Read more...

Illinois Real Estate Journal, Midwest Real Estate News, News Comments (2)

Union Pacific opens $370M intermodal terminal in Joliet

October 19, 2010 Union Pacific Railroad has officially opened its nearly $370 million, 785-acre Joliet Intermodal Terminal. Read more...

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

Hendricks & Partners sells St. Louis multi-family building to Michigan buyer

October 19, 2010 Hendricks & Partners recently facilitated the sale of Le Coeur du Monde, a 192-unit apartment community in St. Louis. The multi-family property sold for an undisclosed price. Read more...

Midwest Real Estate News, News Comments (0)