51 results for “Lombard”
Industrial N Illinois

Venture One fund acquires 78,862-SF Lombard, IL warehouse

Venture One Real Estate—through its acquisition fund, VK Industrial IV, LP, a partnership between Venture One and Kovitz Investment Group—has closed on the acquisition of a 78,862 square foot industrial building located at 1001-1043 N. Lombard Road in Lombard, Illinois. The multi-tenant building is currently 86 percent leased to eight tenants.

Office N Illinois

JLL to take space in Ryan Companies' Oakmont Point redevelopment

Ryan Companies has locked JLL into a long-term lease that will have them anchor Oakmont Point in Westmont, Illinois. JLL will consolidate its existing operations in Westmont and Lombard into the new office at Oakmont Point, the $50 million, 18-acre office complex acquired by Ryan Companies in 2017 and currently under redevelopment.

Multifamily N Illinois

Lombard multifamily property sells for $2.15 million

Inland Real Estate Commercial Brokerage, Inc. announced the sale and closing of a 28-unit apartment complex located in Lombard, Illinois, a western suburb of Chicago, for $2.15 million. Senior vice presidents of Inland Commercial Brokerage Paul Montes and Eric Spiess facilitated the transaction on behalf of the seller.

Retail N Illinois

Anchors away: Are these malls in danger?

| Matt Baker

Ever since the mid to late 20th Century when modern malls were first developed, anchor tenants have controlled much about how these retail centers operate. Leveraging the foot traffic that they draw in, for example, anchors have historically enjoyed nominal rents that are a fraction of the per-square-footage rate that smaller, in-line tenants pay.

CRE N Illinois

Manhard Consulting appoints John Honiotes as senior project manager

Manhard Consulting, a national civil engineering and surveying firm based in the Chicago area, has appointed John Honiotes as senior project manager, along with new hire Vanessa McElroy. Honiotes is returning to Manhard to work in the Lombard office and he will be tasked with managing residential and commercial project design teams while co…

CRE N Illinois

The diversification of the East-West Corridor

| Matt Baker

Large transactions in the East-West Corridor have recently been driven by the healthcare and insurance sectors. But these more prominent moves may be disguising just how active other industries are in one of the region’s busiest submarkets.