CHICAGO-The Dallas-based REIT gets $45 per sf for a 455,858-sf distribution building on 32 acres at 16801 S. Exchange Ave. in Lansing, buildings at 238 and 257 Beinoris Dr. in Wood Dale totaling 116,076 sf and a 110,000-sf building at 155 Alexandra Way in Carol Stream.
ROSEMONT, IL-The hotel at 6100 N. River Rd. commands a price of $201,905 per room in a deal involving Starwood Hotels & Resorts Worldwide Inc. and JER Partners. The latter also bought the Westin Michigan Avenue earlier this year for $137 million.
ROSEMONT, IL-The hotel at 6100 N. River Rd. commands a price of $201,905 per room in a deal involving Starwood Hotels & Resorts Worldwide Inc. and JER Partners. The latter also bought the Westin Michigan Avenue earlier this year for $137 million.
CHICAGO-Perkins+Will, AT&T and BCI Aircraft Leasing Inc. renew for a combined 88,555 sf, helping offset the expected loss of the building's two largest tenants, Jenner & Block and IBM Corp., as well as Prime Group Realty Trust's entire portfolio.
CHICAGO-Perkins+Will, AT&T and BCI Aircraft Leasing Inc. renew for a combined 88,555 sf, helping offset the expected loss of the building's two largest tenants, Jenner & Block and IBM Corp., as well as Prime Group Realty Trust's entire portfolio.
LISLE, IL-The 196-unit property, on the market at $18 million, is near Equity Residential's Four Lakes complex that is being converted to condominiums.
OAK BROOK, IL-Inland American Real Estate Trust Inc. is buying an 80% stake in Coconut Creek, FL-based Minto Builders REIT, which recently acquired retail properties in the Houston and Tampa Bay, FL areas. Inland's first $294 million in property buys will serve as Section 1031 exchanges.
OAK BROOK, IL-Inland American Real Estate Trust Inc. is buying an 80% stake in Coconut Creek, FL-based Minto Builders REIT, which recently acquired retail properties in the Houston and Tampa Bay, FL areas. Inland's first $294 million in property buys will serve as Section 1031 exchanges.
OAK BROOK, IL-Inland American Real Estate Trust Inc. is buying an 80% stake in Coconut Creek, FL-based Minto Builders REIT, which recently acquired retail properties in the Houston and Tampa Bay, FL areas. Inland's first $294 million in property buys will serve as Section 1031 exchanges.
CHICAGO-Crown Commercial Real Estate may get help via the threat of eminent domain to acquire the remaining 17 parcels needed to build a shopping center anchored by a 65,000-sf grocery store at 115th Street and Michigan Avenue.