CHICAGO-Monda Window & Door pays less than $20 per sf for the warehouse on seven acres at 4101 W. 42nd Pl. a block from the a smaller building it sold earlier this year to architectural lighting manufacturer Focal Point.
CHICAGO-The prolific developer of affordable senior housing opens a 126-unit rental building at 6700 S. Keating Ave., where it also is building 72 condominiums.
CHICAGO-Plumbing supplies manufacturer and distributor MIFAB, Inc. plans to build a 60,000-sf, $4.2-million warehouse with office space on six acres at 1321 W. 119th St. Quality Croutons had agreed to buy the property for a 187,000-sf manufacturing facility but opted out of a deal with the city.
CHICAGO-The threat of condemnation may be enough to spur some property owners along Broadway, Devon and Sheridan in the Edgewater and Rogers Park communities to redevelop buildings, city officials think.
CHICAGO-Strategic Hotel Capital says it will test the market for its 398-room hotel at 50 N. Martingale Rd. in the second half of 2005 along with a 333-key Embassy Suites in Lake Buena Vista, FL. Meanwhile, the hotel REIT plans to renovate the retail space at the Hotel Intercontinental Downtown.
CHICAGO-Strategic Hotel Capital says it will test the market for its 398-room hotel at 50 N. Martingale Rd. in the second half of 2005 along with a 333-key Embassy Suites in Lake Buena Vista, FL. Meanwhile, the hotel REIT plans to renovate the retail space at the Hotel Intercontinental Downtown.
CHICAGO-The latest round of development proposals to hit the plan commission next week include 835 multifamily units in four River North and Michigan Avenue area projects as well as 468 units in two South Loop redevelopments.
CHICAGO-The community development commission endorses $13.7 million in tax increment financing to support the seventh-largest US commercial insurance company's effort to convert its 1.1-million-sf office building at 333 S. Wabash Ave. into a multi-tenant property.
CHICAGO-The community development commission endorses $13.7 million in tax increment financing to support the seventh-largest US commercial insurance company's effort to convert its 1.1-million-sf office building at 333 S. Wabash Ave. into a multi-tenant property.
CHICAGO-Robert Orr, European chief executive officer since 1998, joins Americas capital markets group senior leader Noble Carpenter and China country head Guy Hollis to form Jones Lang LaSalle's international capital group.