August 31, 2011 Bradford Allen Realty Services has completed a 51,650-square-foot office lease renewal to LexisNexis within Creekside Corporate Center at 480 Quadrangle Drive in Bolingbrook, Ill. on behalf of the property owner, Stone Creek Properties. Read more...
August 31, 2011 Essex Realty Group, Inc. has announced the sale of a thirteen unit, walk-up style, apartment building located on the corner of Monroe Street and Sherman Avenue in Evanston, Ill. Read more...
August 31, 2011 Hines has announced that its U.S. Core Office Fund sold Three First National Plaza to Downtown Properties, the U.S. associate of Hong Kong-based Gaw Capital Partners, along with a South Korean consortium. Hines also announced that it will continue as property and leasing manager for the 57-story office tower at 70 West Madison, which the firm developed, and has managed and leased since 1981. Read more...
August 31, 2011 Illinois Real Estate Journal has announced the finalists for its 2011 Awards. The winners will be presented at the Fourth Annual Awards program on Thursday, September 8, 2011 at the University Club of Chicago. Read more...
August 31, 2011 Global powerhouse Cushman & Wakefield has always been a niche player in the Chicago market, but Shawn Mobley, the firm’s new executive vice president and market leader, has been charged to change that. Read more...
August 31, 2011 Omaha-based The Lund Company recently sold the Deerfield Apartments in Blair, Nebraska, to AV Legacy Holdings, LLC. Read more...
August 31, 2011 St. Paul, Minn.-based Oak Grove Capital recently originated a $15 million Freddie Mac fixed-rate loan for the refinance of Stafford Hill Assisted Living in Plymouth, Mass., by Northbridge Plymouth Assisted Living, LLC. Read more...
August 31, 2011 Marcus & Millichap Real Estate Investment Services recently arranged the sale of the Telegraph Plaza Portfolio, a three-property multi-tenant retail portfolio located in Monroe, Mich., to Cole Real Estate Investments. The sale price is $12.9 million, equal to $91 a square foot, which is the largest retail sale by dollar volume to take place in Michigan so far in 2011. Read more...
August 31, 2011 Brookfield, Wis.-based Grubb & Ellis|Apex Commercial recently closed a 78,400-square-foot industrial sale. Read more...
August 30, 2011 Setting energy consumption goals has become a new function of property managers. Properly communicating benchmarks and strategies to clients can be challenging. This article highlights some of the common questions that can come from clients and how to address them. Read more...
