OAKBROOK TERRACE, IL-The Denver-based company pays $10.6 million, or just $90 per sf, for the 2 TransAm Plaza building here. The price is slightly higher than what the property traded for in 1995.
CHICAGO-A pool of tenant-in-common investors, most of them involved in Section 1031 exchanges, put up $27.5 million in equity to buy the 90-year-old building at 111 W. Washington St. for just $118 per sf.
CHICAGO-A pool of tenant-in-common investors, most of them involved in Section 1031 exchanges, put up $27.5 million in equity to buy the 90-year-old building at 111 W. Washington St. for just $118 per sf.
CHICAGO-Equis Corp. explores possible relocations for the 35,000-member union but opts to stay at Paramus, NJ-based Vornado Realty Trust's 3.4-million-sf property, which has a Chicago Transit Authority elevated station at its east door.
CHICAGO-New York-based Loeb Partners replaces JF McKinney with MB Real Estate as leasing agent and manager of the two-building, 1.9-million-sf complex at 205 and 225 N. Michigan Ave. it acquired earlier this year.
CHICAGO-The Des Plaines-based developer gets an endorsement on its quest to rezone sites at 6851-65 W. Grand Ave. as well as the northwest corner of 92nd Street and Mackinaw Avenue for a total of 221 senior supportive living units.
CHICAGO-The Des Plaines-based developer gets an endorsement on its quest to rezone sites at 6851-65 W. Grand Ave. as well as the northwest corner of 92nd Street and Mackinaw Avenue for a total of 221 senior supportive living units.
LINCOLNSHIRE, IL-CUES Corp. leases the entire 75,000-sf warehouse and office building in the Lincolnshire Business Center, which includes 14,000 sf of office space. The property had been on the market at $5 million.
CHICAGO-A mainstay at 646 S. State St. for 82 years, Pacific Garden Mission's men's shelter could move to 527 W. 14th Pl., where the nonprofit group also would consolidate its women's shelter now operating at 955 W. Grand Ave.
CHICAGO-NNP Residential & Development and Magellan Development Group Ltd. get $122 million in construction financing for their 324-unit Regatta at 400 E. Waterside Dr., where 84% of the units are sold. Meanwhile, 58% of the LR Development's 340 on the Park units have been sold. North of the river, sales begin this weekend at 474 N. Lake Shore Dr., being converted from a rental property.