CHICAGO-New York City-based Chetrit Group gets a 10-year mortgage at 5.85%, with interest-only payments for the first three years, on three older buildings totaling 1.6 million sf. The debt eclipses Chetrit Group's $117.5-million purchase price in December 2002.
CHICAGO-New York City-based Chetrit Group gets a 10-year mortgage at 5.85%, with interest-only payments for the first three years, on three older buildings totaling 1.6 million sf. The debt eclipses Chetrit Group's $117.5-million purchase price in December 2002.
CHICAGO-A 27,000-sf medical office building would be across West 111th Street from Roseland Hospital. In addition to 10,000 sf occupied by the hospital, a dialysis center may take 8,000 sf.
ALGONQUIN, IL-An Inland Real Estate Corp. joint venture pays $273 per sf for the two-year-old lifestyle center at Randall and County Line roads. The center was developed by Cincinnati-based Jeffrey R. Anderson Real Estate.
ALGONQUIN, IL-An Inland Real Estate Corp. joint venture pays $273 per sf for the two-year-old lifestyle center at Randall and County Line roads. The center was developed by Cincinnati-based Jeffrey R. Anderson Real Estate.
CHICAGO-Investment management firm Hillenbrand Capital, LLC takes the entire 39th floor of the 40-story building, signing a 19,796-sf lease with Jones Lang LaSalle. The building also will get a restaurant later this year in 6,000 sf of ground-floor retail space.
NAPERVILLE, IL-Ryan Cos. US Inc. pays CBRE Investors $2.7 million for eight acres next to the 205,000-sf Metrowest office building along the East-West Tollway. Boston-based Windsor Realty Fund IV owns that building, having paid $33 million last month.
CHICAGO-The first phase of a redevelopment of the former Cabrini-Green housing project will include 72 replacement units for Chicago Housing Authority tenants. It will be financed with $8.9 million in tax increment financing.
CHICAGO-The latest joint venture deal for the 1.1-million-sf building values the property $256 million. Orlando-based Estein & Associates has stakes in Citicorp Center and 131 S. Dearborn St.