Office N Illinois
First look: The Post Office unpackaged

First look: The Post Office unpackaged

For over 20 years, it sat vacant and imposing, overlooking the westerly approach to Downtown Chicago. Now the Old Post Office is nearly ready to welcome its first office tenants to an adaptive reuse that has implications beyond the building’s footprint.

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Industrial X Missouri
NAI Hiffman closes sale-leaseback of Missouri manufacturing facilities

NAI Hiffman closes sale-leaseback of Missouri manufacturing facilities

NAI Hiffman completed a sale-leaseback transaction on behalf of Young Innovations, Inc., a global manufacturer and distributor of consumable dental supplies and equipment. The assets, which sold for $17.1 million, include the company’s 95,000-square-foot headquarters building at 2260 Wendt St. in Algonquin, Illinois, as well as the firm’s three manufacturing and distribution facilities totaling 117,400 square feet in Earth City, Missouri, a suburb of St. Louis.

Multifamily N Illinois
Interra Realty brokers sale of multifamily property in West Suburban Chicago

Interra Realty brokers sale of multifamily property in West Suburban Chicago

Interra Realty brokered the sale of 1917-23 S. Grove Avenue, a four-story, 34-unit building in Berwyn, Illinois, a western suburb of Chicago. Interra managing partner, Pat Kennelly, and director, Paul Waterloo, represented both the seller, Riverside-based Property Rental Inc., and the buyer, BAM 1917 Grove LLC, which plans to undertake a $1 million gut rehab of the building.

Office N Illinois
Dinsmore & Shohl LLP moving to larger offices in Franklin Center

Dinsmore & Shohl LLP moving to larger offices in Franklin Center

The Chicago branch of Dinsmore & Shohl LLP has moved into its new office at 222 W. Adams Street, on the top floor of Tishman Speyer’s Franklin Center. Since opening in March of 2014, Dinsmore has grown its attorney roster in Chicago; the new space, custom-designed to fit the firm’s full-service offerings, is 150 percent larger than its previous home at the adjacent 227 W. Monroe Street.

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