CHICAGO-A downtown commercial mortgage lender arranges debt and equity financing for the purchase of the Lenoir Marketplace shopping center in Lenoir, NC. The one-year-old center is fully occupied.
CHICAGO-In a deal that involves several office, industrial and retail property in the Atlanta market, Banyan Strategic Realty Trust has agreed to sell its entire portfolio to privately-held Denholtz Associates.
CHICAGO-A sale by Banyan Strategic Realty Trust, a REIT based Downtown here, of its real estate portfolio for $226 million to privately-held Denholtz Associates includes more than 250,000 sf in Orlando and Winter Park.
CHICAGO-The REIT based here has agreed to sell its portfolio of primarily office and industrial properties to privately held Denholtz Associates. The 3.6 million-sf portfolio's most recent vacancy rate was 16%.
CHICAGO-AMLI's Windham Lakes Business Park in southwest suburban Romeoville, CMD Industrial Park in west suburban Itasca and an industrial building in southwest suburban Chicago Ridge have two new leases and two renewals.
CHICAGO-The Oak Brook-based REIT, which owns and manages suburban office product totaling more than 5 million sf, announces total dividends of $1.91 per share, including $0.49 in capital gains.
CHICAGO-The Seattle-based coffee retailer is moving 50 marketing, real estate, business alliance and operations employees from 1165 N. Clark St. to a building across the street from a major Metra rail terminal.
EVANSTON, IL-A multifamily property immediately northeast of Northwestern University's football practice field in this North Shore suburb on Chicago's border has been sold to a partnership for a reported $7.925 million.
OAK PARK, IL-After seven months as senior vice president for the New York City Housing Development Corp., Edward Solan returns home to this Chicago suburb to run the Oak Park Residence Corp. as well as the village's housing authority.
CHICAGO-The two firms grab space made available through the merger of Monsanto Co. and Pharmacia & Upjohn. Navigation Technologies takes 100,000 sf in the Merchandise Mart; Kraft takes 117,000 sf in Skokie.