Archive | November, 2011

NRC retained to sell 61 gas stations in Chicago and St. Louis markets

November 30, 2011 NRC Realty & Capital Advisors, LLC has been retained by Buchanan Energy, LLC, to coordinate the sale of 38 ExxonMobil-branded gas stations in the Greater Chicago area, as well as 23 BP-branded stations in the Greater St. Louis area. All 61 stations are being sold with branded fuel supply. Read more...

Illinois Real Estate Journal Comments (1)

PREI buys 22 West Washington for $183.5M

November 30, 2011 Prudential Real Estate Investors has acquired 22 West Washington, a Class A office building located in downtown Chicago’s Central Loop for $183.5 million. Read more...

Illinois Real Estate Journal Comments (0)

Boyd Stofer, chief executive officer of Twin Cities’ Marquette Real Estate Group, dies

November 29, 2011 The Twin Cities unexpectedly lost one of its real estate leaders today when Boyd Stofer, chief executive officer and chairman of Marquette Real Estate Group, passed away in Arizona. Read more...

Midwest Real Estate News, Minnesota Real Estate Journal, News Comments (3)

LaSalle Investment management sells Carol Stream property for $22.3M

November 29, 2011 Cushman & Wakefield of Illinois, Inc. has completed the sale of Carol Point Business Center, a three-building, 427,192-square-foot complex located in Carol Stream, Illinois. C&W’s James D. Carpenter, senior director, and Kenneth J. Szady, executive director, represented the seller, LaSalle Investment Management, one of the world’s leading real estate investment managers. The property was purchased for $22,350,000 by AEW Capital Management. Read more...

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

Marcus & Millichap sells 20-unit apartment complex in Highland Park

November 29, 2011 Marcus & Millichap Real Estate Investment Services, has announced the sale of 1660 Green Bay Road, a 20-unit Apartment property located in Highland Park, Ill. The asset commanded a sales price of $1.95 million. Read more...

Illinois Real Estate Journal Comments (0)

Entre Completes 91,267 SF Lease in Crystal Lake

November 29, 2011 Entre Commercial Realty LLC has brokered a 91,267-square-foot lease at 450 Congress Parkway in the Crystal Lake Business Center for Aptargroup. Read more...

Chicago Industrial Properties Comments (0)

AIRE Tradeshow

November 29, 2011 Read more...

Video Comments (0)

Lee & Associates lands large lease in University Park

November 29, 2011 Georgia Pacific has signed a long-term lease for 696,540 square feet at 702 Commerce Center Drive in University Park. This would be the largest new lease in the Chicago area so far this year. Read more...

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

Cleveland’s Cooper Commercial finds buyer in 10 days for CVS location

November 29, 2011 Cleveland's Cooper Commercial Investment Group recently helped close the sale of a CVS Pharmacy in Richmond, Va. Read more...

Midwest Real Estate News, News Comments (0)

McKinley closes successful disposition of Michigan multi-family property

November 29, 2011 Ann Arbor, Mich.-based McKinley's residential client services department recently closed the successful disposition of Park Terrace Apartments in Kalamazoo, Mich. Read more...

Midwest Real Estate News, News Comments (0)