CHICAGO-Still on track to acquire $2 billion in multifamily assets this year, Equity Residential's funds from operations are likely to get a $72-million boost this year from the sale of condominiums, 44% more than it expected.
CHICAGO-The partnership between the Boston-based REIT and local office property operator pays $27 million for the office and retail space in a mixed-use building at 1 E. Erie St. They also get 208 parking spaces.
CHICAGO-The partnership between the Boston-based REIT and local office property operator pays $27 million for the office and retail space in a mixed-use building at 1 E. Erie St. They also get 208 parking spaces.
CHICAGO-With buyers' appetites remaining insatiable, the largest US office REIT has been a net seller this year to the tune of 13 million sf and $1.4 billion.
CHICAGO-With buyers' appetites remaining insatiable, the largest US office REIT has been a net seller this year to the tune of 13 million sf and $1.4 billion.
VERNON HILLS, IL-Des Moines-baseD Principal Real Estate Investors pays $192 per sf for the fully-occupied center at 413 Milwaukee Ave., but also gets a one-acre outlot from Bradford Equities VH LLC.
VERNON HILLS, IL-Des Moines-based Principal Real Estate Investors pays $192 per sf for the fully-occupied center at 413 Milwaukee Ave., but also gets a one-acre outlot from Bradford Equities VH LLC.
CHICAGO-Having served the Army and Air Force, Jones Lang LaSalle gets a five-year hitch to advise the Navy on disposing assets no longer needed as a result of the Base Realignment and Closure Act.
CHICAGO-Having served the Army and Air Force, Jones Lang LaSalle gets a five-year hitch to advise the Navy on disposing assets no longer needed as a result of the Base Realignment and Closure Act.
OAK BROOK, IL-While fierce competition has driven capitalization for high-quality, stabilized retail assets below 6%, Inland Real Estate Corp. lands $125 million in buys for joint venture partner New York State Teachers Retirement System at 7.6%.