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.
ARLINGTON HEIGHTS, IL-The hotel company, de-listed from the Nasdaq Stock Market this summer, could see its assets auctioned Nov. 14 by US Bankruptcy Court for the Northern District of Illinois.
OAK BROOK, IL-The price is $117 per sf for 23 stores in California and two in Texas totaling 1.9 million sf. Inland Western Retail Real Estate Trust signs 20-year leases with the department store ownership on all locations averaging $9.03 per sf, with 1.2% annual increases.
SCHAUMBURG, IL-Providence-based Procaccianti Group will keep the Marriott flag at the 398-room property, which it acquired for $23.9 million, but will spend $25,000 per room in upgrades over the next two years.
SCHAUMBURG, IL-Providence-based Procaccianti Group will keep the Marriott flag at the 398-room property, which it acquired for $23.9 million, but will spend $25,000 per room in upgrades over the next two years.
CHICAGO-The local investment and development company picks up two buildings totaling 282,000 sf in INTECH Park, the largest office park in Indiana, allowing developer Lauth Property Group to continue development of the Indianapolis office park.
CHICAGO-The local investment and development company picks up two buildings totaling 282,000 sf in INTECH Park, the largest office park in Indiana, allowing developer Lauth Property Group to continue development of the Indianapolis office park.
CHICAGO-The $37-million redevelopment of the Scottsdale Shopping Mall at 79th Street and Cicero Avenue will include a 134,550-sf Lowe's store as well as another 134,848 sf of "contemporary" retail space.