HILLSIDE, IL-The Folgelson Cos. gets $37 per sf for the 295,449-sf building at 5999 Butterfield Rd., which is visible from I-88, I-290 and I-294. The traffic count is about 450,000 vehicles daily.
CHICAGO-The New York-based company takes an additional 24,000 sf in a renewal with Loeb Partners Realty. The tenant's Ketchum Directory Advertising Inc. public relations and Critical Mass internet marketing groups will join OMD Worldwide, Porter Novelli public relations and GMR Marketing.
CHICAGO-The New York-based company takes an additional 24,000 sf in a renewal with Loeb Partners Realty. The tenant's Ketchum Directory Advertising Inc. public relations and Critical Mass internet marketing groups will join OMD Worldwide, Porter Novelli public relations and GMR Marketing.
NILES, IL-The three-story, 54,000-sf building at 7400 N. Caldwell Ave. is sold by PAR Realty Ltd./Nesco of Mayfield Heights, OH. The property was recently vacated by AB Dick Corp.
CHICAGO-Rising interest rates could eventually mean "negative leverage," and level off a heated office sales market, Equity Office Properties Trust president and chief executive officer Richard D. Kincaid suggests.
NAPERVILLE, IL-The 57,000-sf facility at Ellsworth Street and Chicago Avenue will include a 605-seat concert hall named in honor of graduate Dr. Myron Wentz, who is donating nearly $10 million. It is designed by Talaske Group Inc., which consulted on the acoustics at Pritzker Pavilion at Millennium Park.
CHICAGO-Jones Lang LaSalle Hotels tracks $21 billion in larger deals in 2005, breaking the previous record of $12.9 billion in 2004. However, a rise in capitalization rates from 6% is predicted.
NAPERVILLE, IL-The two companies take a combined 52,631 sf at 2019 Corporate Ln., in Atlanta-based IDI's Prairie Point Corporate Park near the I-88 and Route 59 interchange.
PRAIRIE GROVE, IL-The first mortgage from New York-based Marathon Asset Management allows Westminster Swanson Land Partners to prepare the 1,077 acres near Route 31 and Ames Road for sale to residential and commercial developers.
PRAIRIE GROVE, IL-The first mortgage from New York-based Marathon Asset Management allows Westminster Swanson Land Partners to prepare the 1,077 acres near Route 31 and Ames Road for sale to residential and commercial developers.