What’s the deal with airline food warehouses selling for $38M?
This airline food warehouse sold for more than peanuts. A California-based real estate investment shop dropped $37.5 million to...
Des Plaines
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Chicago Cheat Sheet: Mansion sells at steep price cut after 6 years on market…& more
Hinsdale mansion sells at huge discount A 10,000-square-foot Hinsdale mansion sold for less than a third of its original asking price after six years...
Chicago Cheat Sheet: New alderman mulls fate of senior housing project…& more
New alderman still considering plans for senior housing project New Northwest Side Alderman Jim Gardiner (45th) said he’s still...
Chicago Cheat Sheet: Penny Pritzker grant to back development on South, West sides…& more
Pritzker antes up for community development Billionaire Penny Pritzker’s foundation will offer a $10 million grant to the developer of a real estate project...
Chicago Cheat Sheet: Downtown office vacancies hold steady … & more
Vacancy is steady, rents are up Downtown: report The Downtown office vacancy rate dipped slightly in the first quarter...
Denver investment firm makes play in white-hot Chicago industrial market
Pauls Corporation acquired a portfolio of industrial properties in the Chicago suburbs, making it the latest investor looking to...
Chicago Cheat Sheet: Developer Thomas Klutznick dies…& more
Thomas Klutznick, developer of Water Tower Place, dies Prominent developer Thomas Klutznick died Friday. Among the projects Klutznick was...
Chicago Cheat Sheet: Hegewisch auto parts plant shutters…& more
Hegewisch industrial plant to closes ZF Chassis Systems is shutting down its manufacturing plant on Chicago’s Southeast Side. It...
Iron Mountain plans $75M data center in Des Plaines
Iron Mountain Data Centers plans a $75 million data center in Des Plaines, joining the nation’s third-largest market for...
Mapletree Investments buys Des Plaines industrial property
Singapore-based Mapletree Investments bought a 180,000-square-foot industrial building in Des Plaines. The firm paid Prologis $11 million for the...
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