chi-400 skokie CHICAGO—As reported today in GlobeSt.com, there is relatively high demand for well-located class A properties in the suburbs, and Syndicated Equities Group has undertaken a series of capital and tenant improvement projects at its 400 Skokie Blvd. office building in Northbrook. Its latest move has been to bring on Riverwoods, IL-based Podolsky|Circle COREFAC International to manage the eight-story, 195,101 square-foot building located between Dundee and Lake Cook Rds. Syndicated leads the ownership group that purchased the property in 2010 for $26.2 million. The group recently secured a $19.63 million refinance of the property, and decided to dedicate a portion to the improvement project. As part of its responsibilities, Podolsky|Circle will oversee this effort. According to Podolsky|Circle, the owners sought a detail-oriented, entrepreneurial firm that could bring an owner's perspective to the day-to-day management and capital improvement functions. “We've continued to expand our capabilities in order to provide a full suite of high-quality professional services while maintaining a bottom line mindset,” says Alissa Adler, managing principal at Podolsky|Circle. “This is a great opportunity for the Podolsky|Circle platform that has been representing the owners of class A properties from the northern suburbs to the east-west corridor for decades.” “In our experience, Podolsky|Circle has the expertise and resources of a national firm, enhanced by the thoughtful focus and dedication that you typically only find in owner-operators,” says René Ristau , vice president, Syndicated Equities Group. “In their first 30 days on-site, Podolsky/Circle improved communications, conducted detailed analysis, and identified new cost-savings opportunities at the property.” chi-400 skokie CHICAGO—As reported today in GlobeSt.com, there is relatively high demand for well-located class A properties in the suburbs, and Syndicated Equities Group has undertaken a series of capital and tenant improvement projects at its 400 Skokie Blvd. office building in Northbrook. Its latest move has been to bring on Riverwoods, IL-based Podolsky|Circle COREFAC International to manage the eight-story, 195,101 square-foot building located between Dundee and Lake Cook Rds. Syndicated leads the ownership group that purchased the property in 2010 for $26.2 million. The group recently secured a $19.63 million refinance of the property, and decided to dedicate a portion to the improvement project. As part of its responsibilities, Podolsky|Circle will oversee this effort. According to Podolsky|Circle, the owners sought a detail-oriented, entrepreneurial firm that could bring an owner's perspective to the day-to-day management and capital improvement functions. “We've continued to expand our capabilities in order to provide a full suite of high-quality professional services while maintaining a bottom line mindset,” says Alissa Adler, managing principal at Podolsky|Circle. “This is a great opportunity for the Podolsky|Circle platform that has been representing the owners of class A properties from the northern suburbs to the east-west corridor for decades.” “In our experience, Podolsky|Circle has the expertise and resources of a national firm, enhanced by the thoughtful focus and dedication that you typically only find in owner-operators,” says René Ristau , vice president, Syndicated Equities Group. “In their first 30 days on-site, Podolsky/Circle improved communications, conducted detailed analysis, and identified new cost-savings opportunities at the property.”

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Brian J. Rogal

Brian J. Rogal is a Chicago-based freelance writer with years of experience as an investigative reporter and editor, most notably at The Chicago Reporter, where he concentrated on housing issues. He also has written extensively on alternative energy and the payments card industry for national trade publications.

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