Articles filed under Real Estate
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Marcus & Millichap sells bank site for $2.53 millionMar 03, 2017 12:00 am - OAKBROOK TERRACE - Marcus & Millichap recently assisted in the sale of a 4,200-square foot property at 11901 West 143rd St. in Orland Park that is currently leased to U....
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Demand for warehouse space prevalent in market reportMar 02, 2017 12:00 am - According to the most recent release of Lee & Associates' Industrial Market Report, these are exciting times in the commercial real estate sector, especially when one l...
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Silverado buys St. Charles property for $1.5 millionMar 02, 2017 12:00 am - Silverado, a company that provides Alzheimer's and dementia care, bought property in St. Charles to build a new facility. Oakbrook Terrace-based Marcus & Millichap c...
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Wheaton board recommends approval of controversial Loretto subdivisionMar 02, 2017 12:00 am - The Catholic sisters who have lived at Loretto Convent for decades say they are relying on the sale of their quiet campus in Wheaton to fund their retirement and health ...
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Building a new office? You need an owner's repMar 02, 2017 12:00 am - Business growth, while exciting, comes with many challenges. Thoughts of expanding operations or constructing new facilities can be overwhelming. While running a busines...
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Virtual staging: Relief for commercial owners' greatest headacheMar 02, 2017 12:00 am - There are common laments from the owners, managers and brokers of commercial office space, multiunit apartments or resort properties. "Vacant properties can be a challe...
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Why commercial property owners need to look at real estate taxesMar 02, 2017 12:00 am - Commercial property owners face many challenges as they try to balance operational expenses and rental income to achieve a desired return. The focus for many owners is o...
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New supply and absorption gap to tighten in 2017 for industrial propertiesMar 02, 2017 12:00 am - 2017 began with 19.5 million square feet of new industrial supply under construction in the Chicagoland market, with speculative construction accounting for more than ha...
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Strong demand, low vacancy rates bringing more spec building to DuPageMar 02, 2017 12:00 am - For DuPage County, 2016 ended with strong economic indicators. The unemployment rate was 4.4 percent - lower than both the state of Illinois and national rates, and the ...
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The Duchossois Group leaving Elmhurst for Chicago, Oak BrookMar 02, 2017 12:00 am - The Duchossois Group, run by the family that formerly owned Arlington International Racecourse, is planning to move all its operations out of Elmhurst within the nex...