August 24, 2011 HFF announced today that it has closed the sale of Parkway Gardens, a 694-unit, 100 percent Project-Based Section 8 community on the south side of Chicago. Related Companies, through its Related Affordable division and in a venture with Wells Fargo & Company, acquired and will manage the property and plans to invest an additional $40 million to substantially renovate Parkway Gardens. Read more...
August 24, 2011 Chicago-based Brennan Investment Group, LLC and TriGate Capital, LLC have announced the formation of a programmatic joint venture to pursue industrial real estate investments across the United States. Read more...
August 24, 2011 NAI Hiffman has recently completed a slew of retail and office leases in the western suburbs, totaling more than 84,000 square feet. Read more...
August 24, 2011 Robert Wetzel, broker associate with Cleveland's NAI Daus, recently completed an office transaction in Northeast Ohio, bringing ETi Solid State Lighting Inc. to the greater Cleveland area. Read more...
August 24, 2011 Grubb & Ellis broker Terry Coyne, with the help of his team, recently represented Sottile Investments LLC in the purchase of a building located at 15826 Industrial Parkway in Cleveland. Read more...
August 24, 2011 On Thursday, September 8 Illinois Real Estate Journal, along with CREW Chicago, will present the Fourth Annual Women In Real Estate Awards Program. The event will be held from 11:30 am to 1:30 pm at the University Club of Chicago. Read more...
August 24, 2011 Millennium Trust Company, a provider of administrative and custodial services for advisors, individual investors and financial institutions, has agreed to a a 72,000-square-foot lease at Commerce Plaza in Oak Brook. The firm will move to its new space in 2012. Read more...
August 23, 2011 Keeping busy even in a rough economy, Indianapolis-based Midland Atlantic recently competed several deals throughout Indiana. Read more...
August 23, 2011 Jones Lang LaSalle recently helped St. Jude Medical, a developer and producer of pacemakers and other medical devices, lease abut 13,000 square feet of warehouse space at Rogers Corporate Center II in Rogers, Minn. Read more...
August 23, 2011 CB Richard Ellis represented Fifth Third Bank in its renewal and expansion at 222 S. Riverside Plaza, Chicago. Expanding by 35,000 sf, the financial services company will now occupy 218,135 sf, which includes retail space on the 1st floor of the building, and office space on the 29-34th floors. The transaction serves as the Chicago CBD’s largest renewal transaction thus far in 2011. Read more...
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