LINCOLNSHIRE, IL-Hewitt Associates Inc. will pay $13 per sf to lease the four buildings totaling 1.2 million sf, which were sold to the Oak Brook-based REIT.
CHICAGO-Inland Western Retail Real Estate Trust pays $217 per sf for the center anchored by Jewel-Osco and 100% occupied by national retailers as well as a LaSalle Bank branch. The seller, Daly Group, LLC built the center three years ago.
CHICAGO-The owner of five properties in the 2900 block of W. Belmont Ave., now a collection of older mixed-use buildings with storefronts, would be replaced by two six-unit buildings and a three-unit structure.
DEERFIELD-Memphis, TN-based Sedgwick CMS signed an 18,177-sf lease at Deerbrook Corporate Center, where Los Angeles-based American Realty Advisors landed three other tenants for 14,000 sf. Meanwhile, a restructuring of a 16,000-sf lease keeps Ayco Co. at Two Conway Park in Lake Forest.
CHICAGO-Mid-America Real Estate Corp. says the market is 14.5 years behind in building or redeveloping space for retailers, who are in the market for nearly 68 million sf.
CHICAGO-The properties, including the 306-room Marriott Courtyard at 165 E. Ontario St., are managed by Merrillville, IN-based White Lodging Services Corp., which owns majority interests in 12 of them. Denver-based Etkin Johnson Group owns the other three.
CHICAGO-The properties, including the 306-room Marriott Courtyard at 165 E. Ontario St., are managed by Merrillville, IN-based White Lodging Services Corp., which owns majority interests in 12 of them. Denver-based Etkin Johnson Group owns the other three.
CHICAGO-A seven-story warehouse at the northwest corner of Dearborn and 26th streets will be converted to 93 condominiums, ranging from $165,000 to $259,000 for the one-, two- and three-bedroom units.
CHICAGO-Continuing to be a net seller in 2005, the largest US office REIT sells 1.7 million sf in Dallas, Denver, New Orleans and the San Francisco area for $314.3 million while picking up assets in Reston, VA and the Sacramento area for $69.4 million.
CHICAGO-Continuing to be a net seller in 2005, the largest US office REIT sells 1.7 million sf in Dallas, Denver, New Orleans and the San Francisco area for $314.3 million while picking up assets in Reston, VA and the Sacramento area for $69.4 million.