October 20, 2011 No one's saying anything outside of official statements, but it appears that Grubb & Ellis is becoming more aggressive in its efforts to find a buyer or merger candidate for its financially troubled commercial brokerage. Read more...
October 12, 2011 Grubb & Ellis Company recently helped PB IL OREO LLC sell industrial space located at the former Lucas Aerospace facility in Cleveland. Read more...
September 26, 2011 Brian W. Kling, senior vice president; and Thomas M. Condon, senior vice president, both with the Industrial Advisory Group of Colliers International | Chicago, represented CenterPoint Properties in a 100,377-square-foot new long-term lease to Lenze at 125 Wall Street Trail in Carol Stream, Ill. Read more...
September 14, 2011 Orozco Capital Trust has purchased the 116-unit Shawnee Lakes Apartments in Topeka, Kan., for $4.2 million. The seller was Shawnee Lake Apartments, L.P. out of Wichita. Read more...
September 07, 2011 Third-party logistics provider Saddle Creek Corporation has signed a lease for 415,800-square-feet of distribution space at the CenterPoint Intermodal Center in Elwood, Ill. Saddle Creek will take occupancy in the third quarter of 2011, moving into the 1,182,788-square-foot, 32-foot clear ceiling building already partially occupied by tenants Cypress Medical and Logistics Team. Read more...
August 31, 2011 Brookfield, Wis.-based Grubb & Ellis|Apex Commercial recently closed a 78,400-square-foot industrial sale. 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...
July 26, 2011 Grubb and Ellis has reported in its second quarter industrial analysis that vacancy in the Chicago area dropped 20 basis points to 11.1 percent from 11.3 percent, suggesting that the industrial market continues to experience positive growth. Read more...
July 25, 2011 Grubb & Ellis Company has announced that its Chicago-based Sale Leaseback/Net Lease Properties Group represented SIGMA International Group, Inc., a portfolio company of private equity firm, Frontenac Company, in a sale leaseback transaction of three buildings. The buildings, located in suburban Chicago and Houston, were purchased by an undisclosed buyer. Read more...
July 12, 2011 Paine/Wetzel ยท ONCOR International has completed two industrial sale transactions in Aurora, Ill and Pleasant Prairie, Wis. Read more...
