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.
CHICAGO-After attracting the attention of nearly 10 potential buyers, Lawndale Plaza sells to BR Lawndale Plaza LLC for $19 million. Built in 1999, the center is anchored by Dominick's Finer Foods.
HUNTLEY, IL-Chicagoland's industrial market continues to push west. Sites like Huntley Corporate Park attract tenants who like the cost-effective location.
HUNTLEY, IL-Chicagoland's industrial market continues to push west. Sites like Huntley Corporate Park attract tenants who like the cost-effective location.
CHICAGO-Starbucks opts to stay in its West Loop regional headquarters location for another five years. Starbucks is one of many tenants who find several advantages to locating and staying in the West Loop submarket.
CHICAGO-Starbucks opts to stay in its West Loop regional headquarters location for another five years. Starbucks is one of many tenants who find several advantages to locating and staying in the West Loop submarket.
CHICAGO-Mid-America Retail Group reports that major retailers are searching more than 78 million sf of space in order to facilitate their expansion efforts in this market. The search for space is a 16% increase from 2005 figures.
HOUSTON-Two Northern California investors team 1031 Exchange funds to a $2.3-million loan to acquire the Court of Charleston, a vintage property in the elite Montrose neighborhood. The sale closes at nearly $3.7 million.
HOUSTON-Grant Prideco will move into the class A space at 400 North Belt in September. The Greenspoint office building's occupancy spikes to 82% with the latest long-term lease.
SUGAR LAND, TX-Triple Net Properties gets financing from Archon Financial Group to take title to the 143,367-sf Two Sugar Creek. The suburban office building, on the market for nearly six months, brings between $19 million and $22 million.