CHICAGO-Deerfield-based Walgreens backs away from a proposed 14,490-sf store at the northeast corner of Madison Street and Kedzie Avenue. A developer had agreed to meet the city's $950,000 target price, but the deal has been nixed.
CHICAGO-Deerfield-based Walgreens backs away from a proposed 14,490-sf store at the northeast corner of Madison Street and Kedzie Avenue. A developer had agreed to meet the city's $950,000 target price, but the deal has been nixed.
CHICAGO-In addition to overseeing leasing and management of 1.5 million sf at SouthBay Pavilion in Carson, CA and Stones River Mall in Murfreesboro, TN, General Growth Properties is in line for more management responsibilities. The company is slated to run the Queens' MarketPlace & Cultural Gardens in Hawaii next year.
CHICAGO-In addition to overseeing leasing and management of 1.5 million sf at SouthBay Pavilion in Carson, CA and Stones River Mall in Murfreesboro, TN, General Growth Properties is in line for more management responsibilities. The company is slated to run the Queens' MarketPlace & Cultural Gardens in Hawaii next year.
CHICAGO-With Seyfarth Shaw leaving 217,000 sf later this year, converting the upper 14 floors of the 1.6-million-sf office building to residential condominiums makes sense to GlenStar Properties LLC and Walton Street Capital LLC. The JV is so confident of the decision that it is paying a reported $239 million for the building.
CHICAGO-With Seyfarth Shaw leaving 217,000 sf later this year, converting the upper 14 floors of the 1.6-million-sf office building to residential condominiums makes sense to GlenStar Properties LLC and Walton Street Capital LLC. The JV is so confident of the decision that it is paying a reported $239 million for the building.
CHICAGO-Toronto-based IPC Investment Holdings Canada, Inc. will see a 12% annual return from its loan to Prime Group Realty Trust, plus a cut from a sale of Citadel Center. Anchored by Citadel Investment Group, the building at 131 S. Dearborn St. is 93% leased.
CHICAGO-The REIT signs a 12-year extension for 66,064 sf, a 50% increase from their space at 311 S. Wacker Dr. It now occupies the 38th, 39th, and 40th floors of Walton Street Capital's 1.3-million-sf building.
CHICAGO-Even though the value of a 16,085-sf site at 4200 S. Indiana Ave. rose more than 60% in less than a year, Center Construction Corp. ends up getting it for a 69% discount. The company plans to use the site for its 24-unit, $5.2-million multifamily building.