CHICAGO-Two limited liability corporations controlled by Dmitriy Meleshko of Buffalo Grove buys property at 2300 S. Michigan Ave., where 99 units are planned, and 2800 W. Chicago Ave., where 33 will be built. Palatine-based First Bank and Trust of Illinois lends $12.6 million while Boulder Tremont Fund provides $2.1 million in mezzanine financing.
BEDFORD PARK, IL-The first tenant in the 470,160-sf manufacturing and distribution building at 5445 W. 73rd St. is relocating from Bolingbrook. It will use the space to assemble car parts as well as distribution.
CHICAGO-A joint venture between Barrington-based Fulcrum Asset Advisors and Diversified Real Estate Capital pay $134 per sf for the 24-story building, which sits across Washington Street from the "Block 37"/108 N. State St. development site.
CHICAGO-A joint venture between Barrington-based Fulcrum Asset Advisors and Diversified Real Estate Capital pay $134 per sf for the 24-story building, which sits across Washington Street from the "Block 37"/108 N. State St. development site.
BLOOMINGDALE, IL-Buying the 144,000-sf anchor for $46 per sf gives the Great Neck, NY-based REIT greater control over the mall, where it already owns 500,000 sf of non-anchor space. Feldman Mall Properties is investing $30 million in renovations on Stratford Square, bought in early 2005 for $93.1 million.
BLOOMINGDALE, IL-Buying the 144,000-sf anchor for $46 per sf gives the Great Neck, NY-based REIT greater control over the mall, where it already owns 500,000 sf of non-anchor space. Feldman Mall Properties is investing $30 million in renovations on Stratford Square, bought in early 2005 for $93.1 million.
CHICAGO-Kan Am Grund Kapitalanlagegesellschaft MbH reportedly gets approximately $220 million for the 867,821-sf office building, which would be $12 million more than the price it paid in 2004.
CHICAGO-Kan Am Grund Kapitalanlagegesellschaft MbH reportedly gets approximately $220 million for the 867,821-sf office building, which would be $12 million more than the price it paid in 2004.
ROLLING MEADOWS, IL-A 48,000-sf building on 6.8 acres at 2900 Golf Rd., formerly owned by Kohler Co., goes to the national homebuilder for $5.9 million. It's a short move from its current base.
CHICAGO-The first Wal-Mart store to be built in the city will help launch the retailer's "Jobs and Opportunity Zone" program, which includes building 50 stores in high crime or unemployment areas.