Archive | Illinois Real Estate Journal

Property damage from winter 2014 can emerge in spring; prepare for next year

April 16, 2014 One of the most brutal winters in recent memory is now officially behind us, but the headaches from property damage caused by the extreme weather conditions are far from over. Read more...

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Associated Bank finances acquisition of Chicago parking garage

April 16, 2014 Associated Bank recently finalized a commercial mortgage of $1.3 million for DRW Holdings for the acquisition of 1250 Dearborn Property, a 165-space valet-operated parking garage at 1250 N. Dearborn in Chicago. Read more...

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Fresh Thyme takes anchor space at Cress Creek Square in Naperville

April 16, 2014 Fresh Thyme Farmers Market leased 25,000 square feet in Cress Creek Square at 790-796 Royal St. George Drive in Naperville from Arthur Goldner & Associates Inc. The space will be vacated by Office Max and the grocer plans to open in 2015. Read more...

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LEED Gold O’Hare office building comes to market

April 16, 2014 Transwestern’s Chicago office has been retained as the exclusive sales agent for Rosemont Corporate Center, a 121,000-square-foot building located at 9501 Technology Blvd. in the Chicago suburb of Rosemont. Read more...

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Sleepy’s lease at Oak Lawn Promenade caps off repositioning effort

April 16, 2014 Sleepy’s LLC has completed a lease for approximately 4,773 square feet of space to cap off the repositioning and re-leasing effort at Oak Lawn Promenade in Oak Lawn and further extend its expansion in the greater Chicago area. Read more...

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Avison Young Chicago Capital Markets awarded six-building national MOB assignment

April 16, 2014 Avison Young’s Chicago Capital Markets Team led by Erik Foster and Mike Wilson has been awarded the exclusive sale listing for a six-building, 170,000-square-foot medical office building portfolio in Northwest Indiana. Read more...

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MB Real Estate completes sale of two floors at 55 W. Wacker

April 16, 2014 MB Real Estate has completed the sale of 20,315 square feet within 55 W. Wacker in Chicago to the Taipei Economic and Cultural Office in Chicago. Read more...

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Marcus & Millichap arranges sale of 39-unit apartment building

April 16, 2014 Marcus & Millichap has completed the sale of a 39-unit apartment property located in Chicago. The asset sold for $5.04 million. Read more...

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Smart buildings are getting smarter, more user-friendly

April 16, 2014 Advances in building and information technologies have brought a new Big Data analytics-based approach to facilities management — one that ushers in a new era of operational control, reliability and productivity for businesses and workers. Read more...

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11th Annual CIP Industrial Summit to feature diversity of opinion on market recovery

April 15, 2014 News and events continue to tell the story of an improving industrial marketplace. Yet there still are varying opinions on how consistent and stable the marketplace really is. The organizers of the 11th Annual CIP Industrial Summit on April 24 believe that varying opinions and bullish outlooks make for interesting conference discussions. Read more...

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