Archive | Chicago Industrial Properties

American Realty Advisors signs new long-term tenant at 180 N. Meadow

May 23, 2013 Virginia-based furniture retailer, Haynes Furniture, recently signed a new long-term lease with American Realty Advisors, on behalf of their clients, for 215,400 square feet of industrial space at 180 N. Meadow Road in Addison. Read more...

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NorthMarq arranges $31.65 million mortgage for 23-property industrial portfolio

May 23, 2013 Jeff Cherner, senior vice president and managing director, and Rup Patel, assistant vice president, of NorthMarq’s Chicago regional office arranged first mortgage refinancing of $31.65 million for a 23-property industrial portfolio. Read more...

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Chicago Tech Inc. purchases 19,280-square-foot industrial/flex building

May 23, 2013 Paine/Wetzel/TCN Worldwide has completed a 19,280-square-foot sale to Chicago Tech Inc. at 3501 Woodhead Drive in Northbrook. Read more...

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Chicago’s Stephen Friedman wins community-service honor from Counselors of Real Estate

May 23, 2013 Stephen Friedman, president of Chicago's SB Friedman Development Advisors, was awarded the 2013 James Felt Creative Counseling Award for his work as development adviser to the city of Park Ridge, Ill., from 2002 to 2011. Read more...

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United Stationers renews 328,104-square-foot lease in Carol Stream

May 21, 2013 NAI Hiffman represented TA Associates Realty in its long-term lease renewal with United Stationers Supply Co. for 328,104 square feet of industrial space at 810-870 Kimberly Drive in Carol Stream. Read more...

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Salud Natural purchases 41,275-square-foot industrial building

May 21, 2013 Mike Prost, principal, and Sergio Chapa, vice president, of Lee & Associates of Illinois LLC represented Salud Natural in its purchase of a 41,275-square-foot industrial building located at 1120 Glen Rock Ave. in Waukegan. Read more...

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Cosmo’s Granite renews lease for 48,977 square feet

May 21, 2013 Cosmo’s Granite has renewed and expanded in 48,977 square feet of industrial space located at 311 Richert Road in Wood Dale. Read more...

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Exel renews lease for 420,500 square feet in Joliet

May 21, 2013 Arthur J. Rogers & Co.’s Jeanne Rogers recently completed a 420,500-square-foot lease renewal for Exel at 1151 E. Laraway Road in Joliet. Read more...

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Chicago’s Ares Commercial Real Estate Corp. to buy multi-family lender Alliant Capital

May 16, 2013 In another big commercial move, Chicago-based Ares Commercial Real Estate Corp. will buy multi-family lender Alliant Capital. The sale will cost $62.8 million. Read more...

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FedEx Ground distribution center to open in southern Illinois

May 15, 2013 FedEx Corp. will invest $23.5 million to build a new FedEx Ground distribution center in Sauget, Ill. The 181,000-square-foot distribution center is scheduled to open at Sauget Industrial Parkway in August 2014. Read more...

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