January 31, 2011 The Inland Real Estate Group of Companies, Inc. has announced the formation of a new company, Inland Real Estate Brokerage & Auctions, Inc., the result of a strategic business combination between Inland Real Estate Brokerage, Inc. and Inland Real Estate Auctions, Inc. Read more...
January 31, 2011 Steering committee members have announced that the ninth Tri-State Development Summit will take place October 5 in Quincy, Ill. The mission of the summit is to bring together leaders in Southeast Iowa, Northeast Missouri and Western Illinois to define common issues; to develop an on-going dialogue to effectively address those issues; and to improve the quality of life of the entire tri-state region through economic development activities. Read more...
January 31, 2011 Cleveland's Cooper Commercial Investment Group recently sold the Strongsville Pointe shopping center in Strongsville, Ohio. Read more...
January 31, 2011 Moreland Hills, Ohio-based Heritage Development Company recently facilitated the sale of a single-tenant shpping center in Clearwater, Fla. Read more...
January 31, 2011 AMB Property Corporation and ProLogis have announced a definitive agreement to combine through a merger of equals, creating the pre-eminent global owner, operator and developer of industrial real estate. Combined, the companies are expected to have a pro forma equity market capitalization of approximately $14 billion, a total market capitalization in excess of $24 billion, and gross assets owned and managed of approximately $46 billion. Read more...
January 28, 2011 Home sales in the seven-county metro Chicago real estate market posted their second consecutive annual increase in 2010, with 69,251 units changing hands, compared to 68,999 in 2009, a modest 0.4 percent increase, according to an analysis by the RE/MAX Northern Illinois. Read more...
January 28, 2011 Indianapolis-based Kite Realty Group recently completed a pair of lease agreements in Indiana. Read more...
January 28, 2011 Coldwell Banker Commercial CRA in St. Louis recently completed two transactions in the St. Louis region. Read more...
January 28, 2011 CB Richard Ellis represented the California State Teacher’s Retirement System in signing Brightstar US, Inc. in a 105,220-square-foot expansion and 136,980-square-foot renewal at 2000 USG Drive, Libertyville, Ill. Read more...
January 27, 2011 Jones Lang LaSalle has negotiated the sale the 70-year-old post office building in downtown Naperville, one of seven properties in the Chicago suburbs that the company is currently marketing for sale on behalf of the U.S. Postal Service. Read more...
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