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Glendale Marketplace is for sale
The Glendale Marketplace, a struggling 2.2-acre retail center on Brand Boulevard, is up for sale.
The center is home to a Mann's Theatres multiplex, Old Navy and HomeGoods stores and more than a dozen other shops and restaurants. It also has vacancies...Tags: Rick Caruso, Entertainment, Real Estate, Colorado, Property
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Snowstorm Coats East, Frustrating Holiday Travel
A winter storm made travel torturous in the Northeast on Sunday, dropping a thick layer of snow that stranded thousands of airline, train and bus passengers and made motorists think twice about hitting after-Christmas sales.
More than a foot of snow...Tags: Washington Monument, Edward G. Rendell, Lehigh Valley Weather, Weather Warnings, Holiday Vacations
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Jones Lang acquires N. Carolina firm
Jones Lang LaSalle Inc., boosting its burgeoning business in North Carolina, has acquired Corporate Realty Advisors for an undisclosed price, the Chicago-based firm announced Tuesday. Corporate Realty, based in Charlotte and Raleigh, advises businesses...Tags: General Electric Company, North Carolina, Real Estate Transactions, Raleigh, Charlotte
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Kaplan studies Dearborn Street move
New York-based educational firm Kaplan Inc. is in final negotiations to lease about 150,000 square feet at One North Dearborn St., industry sources said. The company, which trains a wide array of students from kindergartners to professionals seeking...Tags: Office and Retail Spaces, Duke Realty Corporation, New York, O'Hare International Airport, Realty
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Oracle takes space in former IBM tower
Oracle Corp. recently signed a 16,598-square-foot lease at 330 N. Wabash Ave., the former IBM Plaza tower, said Steven Steinmeyer, an executive vice president at Jones Lang LaSalle Inc. who represented the tenant. The landlord, Prime Group Realty Trust,...Tags: Office and Retail Spaces, Oracle Corp., Rentals, Realty, Business Enterprises
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Citicorp Plaza office complex placed on sales block
Citicorp Plaza, a three-building complex near O'Hare International Airport, was put on the market Monday by its owner, New York-based Apollo Real Estate Advisors LP, industry sources said. The 600,000-square-foot complex was built in the 1980s and...Tags: Real Estate, River North, West Loop, Chicago, Roosevelt University
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Empty office building symbolizes weak suburban market
In a chilling sign for the suburban office market, all of Two Overlook Point in Lincolnshire is empty and being marketed for sublease, said brokers who have toured it. The building was fully occupied this summer. Hewitt Associates Inc., which is based in...Tags: Hewitt Associates, Real Estate, Chicago Commercial Real Estate, Mortgages, Chicago Mortgages
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Jones Lang wins Korean work
In a push to secure business in the fast-growing Asian region, Chicago-based real estate firm Jones Lang LaSalle Inc. has won an assignment to lease a $500 million office building in the business district of a new city being developed in South Korea. The...Tags: Hotels and Accommodations, Employees, Government, Economy, Business and Finance, Real Estate
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The week ahead
Chicago TribuneMonday: -- Earnings: Altera Corp.; American Express Co.; Canadian National Railway Co.; Equifax Inc.; Halliburton Co.; Hasbro Inc.; Merck & Co.; Schering-Plough Corp.; Texas Instruments Inc. Tuesday: -- Earnings: Ace Ltd.; Amazon.com Inc.; AT&T Inc.;...Tags: Comcast Corporation, Equifax Incorporated, Colgate-Palmolive Company, Boeing Co., U.S. Airways
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Success, failure pay for more CEOs
Tribune staff reporterIn rosier times, when corporate profits and rising stock prices were regarded as givens, as they were in the not-too-distant past, it was a relatively simple matter to discern which corporate chieftains were delivering the biggest bang for the buck....Tags: CEO Pay, Marketing, Economy, Business and Finance, Companies and Corporations, USG Corporation
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Hartford's Connecticut River Plaza Complex On The Auction Block
kgosselin@courant.comPrime commercial real estate along the Connecticut River in downtown Hartford is for sale. And the owners are extremely motivated. The two-building Connecticut River Plaza at 450 Columbus Blvd. is up for auction by the limited partnership that has owned...Tags: Hartford (Hartford, Connecticut), Citigroup Incorporated, Petroleum Industry, Real Estate, Richard Gordon
Nov 12, 2010
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