CHICAGO-Coca-Cola is leasing 208,000 sf at 1401 N. Cicero Ave., an 18-year-old industrial building formerly used by Helene Curtis and Unilever. The company will use the facility to relocate distribution operations now in the Pilsen neighborhood, as well as in the suburbs of Alsip and Niles.
NORTHBROOK, IL-The company sees net income fall 37% to $5 million in the most recent quarter, partly as a result of spending $1.1 million moving and upgrading its New York City office.
CHICAGO-Ann Carey now oversees the $250-million mixed-use redevelopment of Union Station, among other projects for Jones Lang LaSalle. She joins the firm after helping lead the $606-million redevelopment of Soldier Field during eight years with the Chicago Bears.
CHICAGO-Ann Carey now oversees the $250-million mixed-use redevelopment of Union Station, among other projects for Jones Lang LaSalle. She joins the firm after helping lead the $606-million redevelopment of Soldier Field during eight years with the Chicago Bears.
NAPERVILLE, IL-Marsh Supermarkets Inc. operates its first location in the Chicago market in 70,000 sf at Naperville Marketplace. But the Indianapolis-based grocer has drawn attention for cutting 25 employees at its Indianapolis headquarters last week, including top officials.
NAPERVILLE, IL-Marsh Supermarkets, Inc. operates its first location in the Chicago market in 70,000 sf at Naperville Marketplace, but the Indianapolis-based grocer has drawn attention for cutting 25 employees at its Indianapolis headquarters last week, including top officials.
WOODRIDGE, IL-The 70,130-sf office building at 900 S. Frontage Rd., home to Mack Trucks, GMAC, Hinsdale Hospital and Adventist Health Systems, is sold to SCP Ventures LLC.
NORTHLAKE, IL-The building, part of the redevelopment of a former International Paper property, will be the third-party logistics provider's first suburban location, as well as its largest.
CHICAGO-Condominium converters were willing to pay a 43% premium for assets last year in the Near North Side and Loop areas over prices for non-conversion candidates, according to a recent report. In addition to converters, institutional buyers have been increasingly active in the market.
LOMBARD, IL-SunGard Investment Systems LLC signs a 52,228-sf lease for the seventh and eighth floors of 377 E. Butterfield Rd. The deal helps increase occupancy there and twin building, 333 E. Butterfield Rd., to 89%.