PLYMOUTH, MI-The current office market in the Detroit MSA is experiencing a wide variation in vacancy levels. Two recent office leases arranged by CB Richard Ellis show a glimmer of hope in the ailing market.
BOLINGBROOK, IL-Popularity with a variety of users continues to drive the deals here. Illustrating a continued demand with smaller users, four leases bring Crossings Business Center to 70% occupancy.
HOMEWOOD, IL-Silliker Inc. decides to stay put and expand its headquarters locally. The 40% expansion will bring the firm's occupancy to 77% of the 32,020-sf building.
CHICAGO-Protocol Integrated Direct Marketing inks a long-term deal for sublease space at the form Montgomery Ward building in River North. Moving from Deerfield, the firm hopes to capitalize on the Downtown employment pool.
DEKALB, IL-Northland Plaza shopping center, a 297,000-sf regional center located here in the home of Northern Illinois University, sells for $40 million. The center boasts a 4% vacancy at the time of sale.
DEKALB, IL-Northland Plaza shopping center, a 297,000-sf regional center located here in the home of Northern Illinois University, sells for $40 million. The center boasts a 4% vacancy at the time of sale.
CHICAGO-The locally based management firm is tasked to operate and refurbish the two-tower property at 333 E. Ontario St. RMK plans to implement a number of changes at the request of the new owner, a Seattle-based pension fund adviser.
CHICAGO-The locally based management firm is tasked to operate and refurbish the two-tower property at 333 E. Ontario St. RMK plans to implement a number of changes at the request of the new owner, a Seattle-based pension fund adviser.
CHICAGO-The former office and warehouse property of catalog retailer Spiegel is undergoing a major conversion to loft condominiums. Proximity to Downtown Chicago is fueling interest in the neighborhood.