August 01, 2011 Podolsky Northstar CORFAC International has been named the exclusive agent for the sale of two mortgage notes that are secured by the property formerly known as the Purple Hotel in Lincolnwood, Ill. First Midwest Bank (“FMB”), the current holder of the mortgage notes, engaged the brokerage team of Randy D. Podolsky, managing principal and Adam J. Tarantur, senior vice president for this assignment because of their previous experience in the successful disposition of foreclosure properties. Read more...
July 26, 2011 Muktanand Foods has completed a lease for office and warehouse space in Bensenville, Ill. Podolsky Northstar CORFAC International completed the tenant representation assignment. Read more...
July 13, 2011 The Roycemore School held a ground breaking ceremony to mark its move to a new location at 1200 Davis Street in Evanston yesterday. Read more...
June 06, 2011 The Association of Industrial Real Estate Brokers (AIRE) plans to highlight its best resources at its upcoming monthly meeting: its own members. Read more...
May 23, 2011 Jefferson Pilot Investments has completed the sale of Southpoint II, one of five buildings in the Chicago market it acquired through foreclosure in 2010. Podolsky Northstar CORFAC International represented Jefferson Pilot in the transaction that was valued in excess of $3.2 million. Read more...
May 17, 2011 Whether it is with electronic equipment in his spare time or with the deal structure of a 100,000-square-foot office development, Randy Podolsky likes to take things apart, dissect them and figure out how they work. For 25 years he has been the head of Podolsky Northstar Corfac International in Riverwoods. Mark Thomton, editor of Chicago Industrial Properties, recently sat down with Podolsky to discuss the state of the industry and to look back on his career. Read more...
May 10, 2011 Activity is generally improving in Chicago's industrial real estate market, but the recovery is expected to be gradual, according to a recent survey by the Association of Industrial Real Estate Brokers (AIRE). The periodic survey of the associations' 500 plus members showed that seven out of 10 thought improvement in activity by the end of the year would be only lackluster and that rental rates would remain flat throughout 2011. Read more...
May 03, 2011 On Tuesday, May 10 at the Rosewood Restaurant, the Association of Industrial Real Estate Brokers (AIRE) will present A Broker’s Guide to Distressed Real Estate as its monthly Lunch, Learn and Lead program. Read more...
April 26, 2011 The Chicago Chapter of the Society of Industrial and Office Realtors recently presented the Ninth Annual Chapter Awards in a presentation held at the Society’s luncheon at the Rosewood Restaurant in Rosemont, Ill. Read more...
March 29, 2011 The Eighth Annual Chicago Industrial Properties Industrial Summit is approximately one week away, and the finishing touches are being put on a conference that will feature four panels and more than 20 speakers. Read more...
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