46 results for “arlington heights”
Hospitality N Illinois

Arlington Heights hotel sells for $7.5 million

Marcus & Millichap closed the sale of Comfort Inn, a 125-room hospitality property located at 2120 S. Arlington Heights Road in Arlington Heights, Illinois. The 125-room, three-story, upper midscale, concrete block hotel—featuring elevator service, a business center, fitness center, dry cleaning services and meeting rooms—sold for $7,500,000.

Retail N Illinois

SVN brokers Arlington Heights retail sale to out-of-state investors

The Esplanade at Arlington Heights—an 18,419-square-foot retail center at 2920-2964 W. Euclid Avenue, Arlington Heights, Illinois—sold to an out of state investor. Tim Franz and John Livaditis of SVN Chicago Commercial represented the seller in the transaction, a private real estate investment group. After generating multiple offers, the sh…

Industrial N Illinois

Northern segment of Chicago MSA sees variegated industrial activity

| Matt Baker

For the second quarter in a row, leasing velocity increased in Chicago’s overall industrial market, totaling 10.1 million square feet during the third quarter of 2018. According to a Research & Forecast Report by Colliers International, the northern submarkets had varying changes to absorption and vacancy, though mostly improved.

Multifamily N Illinois

McShane Construction completes seven-story, mixed-use building

McShane Construction Company recently completed Parkview Apartments in downtown Arlington Heights, Illinois for client UP Development. The seven-story building is situated at the southwest corner of Dunton Avenue and Eastman Street in close proximity to nearby restaurants, cafes, stores, parks and the Arlington Heights Metra Station.

Industrial N Illinois

Colliers represents buyer of 666,079 SF industrial portfolio

Colliers International | Chicago’s Patrick Turner, Tom Rodeno and Matthew Stauber represented Clear Height Properties in the purchase of a five-building, 666,079-square-foot, industrial portfolio in metro Chicago from American Landmark Properties. At the time of sale, the buildings were 85 percent leased to a roster of 77 tenants including …

CRE Midwest

NAIOP announces finalists of the 2016 Chicago Awards for Excellence

| Stephanie Aguilar

NAIOP Chicago has revealed the anticipated list of finalists facing off in 16 distinct categories Nov. 17, when the chapter hosts its 29th Annual Awards for Excellence ceremony at Navy Pier. Each year, the awards ceremony recognizes outstanding developments and transactions in Chicago's commercial real estate.