CHICAGO-Displaced by University of Illinois at Chicago's expansion and unsuccessful landing a site on Roosevelt Road, Florentino Rocha's "Tony the Tailor" business will anchor a mixed-use building at 1419-21 S. Ashland Ave.
CHICAGO-Displaced by University of Illinois at Chicago's expansion and unsuccessful landing a site on Roosevelt Road, Florentino Rocha's "Tony the Tailor" business will anchor a mixed-use building at 1419-21 S. Ashland Ave.
CHICAGO-Bids for the Dallas-based REIT's city and suburban office and industrial holdings are in, with the nearly three million sf likely to be sold to six or more buyers for a gross price between $500 million and $600 million.
CHICAGO-The largest tenant at the 23-story building on the Magnificent Mile restructures its lease by adding 15 years and 6,572 sf of new space, for a total of 34,661 sf.
CHICAGO-The 447-unit Michigan Boulevard Garden Apartments is being offered at auction next month by owners who have drawn up plans for a condominium conversion and 13,400 sf of retail space.
CHICAGO-The 213-unit multifamily rental building at 222 E. Pearson St., less than a block east of Water Tower Place and the Ritz-Carlton Hotel, changes hands in a $47.5-million deal. Two blocks north, the 88-unit DeWitt Place building commands $10.7 million in a separate deal.
CHICAGO-The 86,000-sf vintage office building at the southwest corner of Halsted and Madison streets will be first offered in a sealed-bid auction to prospective tenants, then buyers.
CHICAGO-In addition to assuming the remaining 10 years on a 107,000-sf lease at 350 E. Cermak Rd., the Forest City, CA-based data center provider is spending more than $16 million to upgrade the space.
CHICAGO-In addition to assuming the remaining 10 years on a 107,000-sf lease at 350 E. Cermak Rd., the Forest City, CA-based data center provider is spending more than $16 million to upgrade the space.
CHICAGO-A vacant lot next to the former Ramova Theater in the 3500 block of S. Halsted Street is on the department of planning and development's radar screen, as is a furniture store at 3410 S. Halsted St.