METTAWA, IL-The finance company, now headquartered at 2700 Sanders Rd. in Prospect Heights, will move north up the Tri-State Tollway to Hamilton Partners' 28-acre site at the Route 60 interchange. Itasca-based Hamilton Partners is building the headquarters, which is likely worth about $100 million.
METTAWA, IL-The finance company, now headquartered at 2700 Sanders Rd. in Prospect Heights, will move north up the Tri-State Tollway to Hamilton Partners' 28-acre site at the Route 60 interchange. Itasca-based Hamilton Partners is building the headquarters, which is likely worth about $100 million.
CHICAGO-The Miami-based law firm that represented President George W. Bush in the 2000 Florida recount case keeps its local office at 77 W. Wacker Dr., where occupancy is now 93.7%. Lease rates at the 14-year-old building owned by a joint venture led Prime Group Realty Trust start at $23 per sf.
CHICAGO-The Miami-based law firm that represented President George W. Bush in the 2000 Florida recount case keeps its local office at 77 W. Wacker Dr., where occupancy is now 93.7%. Lease rates at the 14-year-old building owned by a joint venture led Prime Group Realty Trust start at $23 per sf.
LISLE, IL-Telecommunications company Intrado cuts its costs by 21% by renewing a 28,000-sf lease two years ahead of expiration. Meanwhile, M&M Orthopaedics gets more space for less in an early renewal of a 12,000-sf pact.
CHICAGO-With another four million sf of office space planned in West Loop and River North, Grubb & Ellis Co. foresees a plethora of space available within two years. Slow job growth and new construction will likely stymie any comeback, the company says.
CHICAGO-The Vernon Hills-based technology company gets naming rights to the southern building in Trizec Properties Inc.'s twin towers along the Chicago River. This comes as part of a 252,000-sf consolidation.
SAUK VILLAGE, IL-Appleton, WI-based Warehouse Specialists is the lone tenant at LogistiCenter at Sauk Village, having moved into 308,000 sf at 21700 Mark Collins Dr. However, Reno, NV-based DP Partners is betting on drawing one larger user or several smaller tenants this year.
SAUK VILLAGE, IL-Appleton, WI-based Warehouse Specialists is the lone tenant at LogistiCenter at Sauk Village, having moved into 308,000 sf at 21700 Mark Collins Dr. However, Reno, NV-based DP Partners is betting on drawing one larger user or several smaller tenants this year.
CHICAGO-Despite declining capitalization rates, prices for commercial real estate are not so outrageous when compared to appreciation of homes in hot residential markets or the NASDAQ, according to LaSalle Investment Management.