Real Estate Investing, US Real Estate

PNC Bank Assets sold in the Chicago MSA by the Boulder Group

By Rhett Butler | May 23, 2011
Boulder Group, a large investment and brokerage firm, has successfully sold a near fully leased PNC Bank asset located in Crystal Lake for a reported $2,675,700. The 3,216 square foot property is leased on a long term deal to the investment grade rated bank, according to the news.
Brokerage, Featured News

Aqua Tower - Magellan Development's Confident Gesture

By Phil Butler | April 11, 2011
In news from Chicago, one of the most unique developments in the Midwest, Aqua Tower, pushes the design envelope to the limit as well as investor confidence. This aspect of the 28 acre luxury community, Lakeshore East, is the poster child for Magellan Development Group's veritable Chicago condo empire. If ever there were a reason to cheer a company's confidence, this Chicago contingent is certainly in the running.
Commercial Real Estate, US Real Estate

Chicago Commercial Property - Moving Guardedly

By Phil Butler | April 6, 2011
Increased leasing activity in Chicago has some jumping for joy in that market, while other more conservative experts warn of a flat market. Quarter one 2011 showed minimal job growth and a 16 percent vacancy rate going nowhere do not suggest celebration. But, there are positive variables to look at as well.
Home Builders/Developer's, US Real Estate

High Profile Chicago Developments up for Auction

By Tavis J. Hampton | March 2, 2011
One of Chicago's largest and most high-profile land developments at Roosevelt Road and the Chicago River will be up for auction soon. The highly-prized 5+ acre development has 837 feet of riverfront property and 216 feet of frontage on Roosevelt Road. It neighbors many of Chicago’s great attractions, such as Soldier Field, the Museum Campus, and the University of Illinois/Chicago (UIC).
Featured News, Real Estate Technology

Chicago Realtor Competition No Contest

By Phil Butler | February 3, 2011
Looking at Chicago's leading real estate companies, one has to wonder why some put up websites at all? With one or two clear leaders in the industry, online at least, wouldn't these hard times prompt competitors to try harder? Evidently the competition is in a "weeding out" stage. For those unwilling to adjust to the times, extinction will be the end for many.
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