37 results for “bensenville”
Office N Illinois

Some Chicago suburbs shedding office tenants

| Matt Baker

The overall suburban Chicago office market comprises nearly 110 million square feet of inventory. But as the suburbs lost more than a million square feet of absorption year-to-date, which areas and property types should investors focus on?

CRE N Illinois

Bo Jackson Elite Sports Facility breaks ground in Bensenville

A groundbreaking ceremony was recently held for the Bo Jackson Elite Sports Facility being constructed at Grand Avenue and County Line Road in Bensenville, Illinois. This event celebrated the official start of construction on the 114,140-square-foot, air supported indoor sports training center. Jeffrey Provenza, vice president of Darwin Rea…

CRE N Illinois

John O'Neill joins H.W. Lochner

John O’Neill, PE joined H.W. Lochner as vice president and area manager for Illinois. Located in the firm’s Chicago office, he will be responsible for business development and overseeing area operations for Lochner’s Illinois design and construction engineering and inspection groups.

Industrial N Illinois

Colliers arranges sale of $4.9M Bensenville facility

Colliers International | Chicago has arranged the $4.9 million sale of United Business Mail’s 81,084-square-foot warehouse facility located at 1001 Foster Avenue in Bensenville, Illinois to Midwest Distribution. Colliers’ Steven Kohn, SIOR, represented the seller in the disposition.

Office N Illinois

Clear Height Properties acquires four-building, $30 million portfolio

Clear Height Properties has acquired a four-property, 522,000 square-foot Chicago suburban portfolio for $30 million. Included among the properties is 2625 Butterfield Road, a 201,800-square-foot office building formerly known as Butterfield Office Plaza, and more than 320,000 square feet of flex properties in Elmhurst, Bensenville and Willowbrook.

Industrial N Illinois

Lee & Associates negotiates long-term, 132k SF lease

National real estate brokerage Lee & Associates has closed a long-term lease transaction for a 132,538-square-foot industrial unit located at 220-250 Thorndale Avenue in Bensenville, Illinois. Chris Nelson, principal of Lee & Associates’ Illinois office, represented the tenant, Savino Del Bene, a global logistics and forwarding company.

Industrial N Illinois

Which way to the capital?

| Matt Baker

Though it remains the hottest asset type, obtaining financing for an industrial venture still comes down to the basic fundamentals of each specific project, including location, the credit quality of tenants, building essentials and the ability to re-tenant a space.

Industrial N Illinois

Ridge acquires 10.5 acres near O'Hare for spec industrial project

Ridge, the industrial development arm of Transwestern Development Co., has acquired 10.5 acres immediately southeast of O’Hare International Airport for a 178,516-square-foot speculative industrial project. As one of the newest offerings in the O’Hare submarket, O’Hare Gateway Logistics Center will feature 32-foot clear height, low Cook Cou…