10 results for “bon-ton”
CRE N Illinois

Eisenberg Foundation names winner in Midwest Real Estate Challenge

On Saturday, April 6 at the Standard Club, student groups from eight universities competed at the ninth annual Harold E. Eisenberg Foundation Real Estate Challenge for top honors and $10,000 in scholarships. Marquette University’s proposal, The Connect: a revitalization of life and play in Chicago Ridge, impressed the judges, along with the…

Retail N Illinois

Empty storefronts pose unique retail opportunities

| Matt Baker

Over 2,500 storefronts closed during the first half of this year, with another 500+ retail locations expected to follow suit before the year is out. But all is not lost. According to a new retail outlook research report by JLL, these store closures present an opportunity for new retail and new uses, whether those vacancies are in strip mall…

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 Midwest

Duke Realty renews 382,259 square feet in industrial leases

| Staff Writer

Duke Realty Corporation’s Chicago office has signed lease renewals with three of its long-time customers in December 2013. With these lease commitments, which total 382,259 square feet, Duke Realty maintains 98.7 percent occupancy in its industrial portfolio in the Chicago market.