CHICAGO-Developers trying to get a jump on an improving industrial market have instead helped vacancy inch up to 9.8% while rents remain flat during the first quarter, according to one report.
ROMEOVILLE, IL-A lease with Atkins Nutritionals, Inc. fills Duke Realty Corp.'s 460,800-sf Crossroads 2 building at 1255 Schmidt Rd., where One Logistics occupies the other 336,000 sf of warehouse and distribution space.
ROMEOVILLE, IL-A lease with Atkins Nutritionals, Inc. fills Duke Realty Corp.'s 460,800-sf Crossroads 2 building at 1255 Schmidt Rd., where One Logistics occupies the other 336,000 sf of warehouse and distribution space.
CHICAGO-PEAK Construction Development, LLC finishes the conversion of the former Soodik Printing Co. building into 47 loft condominiums, selling 123 N. Sangamon St. for $5.1 million. Records show the facility selling for $4 million a year ago.
LONG GROVE, IL-The mortgage servicing company is relocating from Schaumburg to 1 Corporate Dr., one of four buildings in Park Center at Kemper Lakes being renovated by BPG Properties, Ltd.
CHICAGO-Owners of seven properties in the 6700 and 6800 blocks of S. Stony Island Avenue have failed to improve them, city officials claim, or reach an agreement with potential developers.
DES PLAINES, IL-San Francisco-based AMB Property Corp. hopes to deliver the two-building, $26.2-million development to the transportation and logistics company, its ninth-largest tenant, in the fourth quarter.
DES PLAINES, IL-San Francisco-based AMB Property Corp. hopes to deliver the two-building, $26.2-million development to the transportation and logistics company, its ninth-largest tenant, in the fourth quarter.
WINFIELD, IL-The Rolling Meadows-based homebuilder pays $7.2 million for a site next to the Winfield Mound Forest Preserve, where it plans to build 191 townhouses and 64 condominiums. Kimball Hill Homes buys the property here from Highlake Partners.
CHICAGO-Mark Sutherland and Alex Pearsall will pay $267,000, the appraised value for a 6,600-sf city-owned lot at 4000 S Drexel Blvd., where they will build a 13-unit condominium project. Despite getting no city financial assistance, the developers earmark two units for buyers at affordable rates.