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June 12, 2002 $30Mln development plan OK'd for NorwoodCincinnati EnquirerNORWOOD, Ohio - City Council members have given the green light to Cornerstone of Norwood, a $30 million office development proposed for four acres wedged between Interstate 71, Williams Avenue and...
June 11, 2002 Transwestern to acquire 200 N. LaSalle St.Chicago TribuneCHICAGO – Transwestern Investment Co. has agreed to buy 200 N. LaSalle St., a 30-story office tower on the North Loop in downtown, for about $63 million, sources said. More...
June 10, 2002 Twin Cities office complex on the market for $47MlnThe Business Journal (Minneapolis/St. Paul)MINNEAPOLIS – Southdale Office Centre in Edina is hitting the market with an asking price of $47 million, or $105/sf. Dahlia Properties Associates, a subsidiary...
June 7, 2002 Brokers say demand is high for well-leased office buildingsIndianapolis Star NewsINDIANAPOLIS – Now is a good time to sell well-occupied office buildings, according to brokers hoping to rejuvenate an otherwise slow office real estate market. "We're telling...
June 6, 2002 Big things in store for North County, Mo.The St. Louis Post-DispatchST. LOUIS COUNTY, Mo. – Sansone Group starts construction today on a $36 million renovation of the Northland Shopping Center site in Jennings, in what is the...
June 5, 2002 Cushman hires top exec from Grubb in ChicagoChicago TribuneCHICAGO – Cushman & Wakefield Inc. has hired Michael McKiernan away from rival Grubb & Ellis Co. to head its Chicago office as branch manager and area leader in...
June 4, 2002 Industry news: Grosvenor to plant flag on Chicago's Magnificent MileChicago Tribune CHICAGO – Grosvenor Group Holdings Ltd. is close to wrapping up the purchase of a three-level retail space in the Allerton Crowne Plaza on Michigan Avenue....
June 3, 2002 Athersys to build HQ in Cleveland's Chagrin Highlands office-research parkCrain's ClevelandCLEVELAND – Cleveland biopharmaceutical company Athersys Inc. is planning to build a headquarters of at least 150,000 square feet that would be the cornerstone of a life...
May 31, 2002 Taxes seen as Prime deal breaker for REITChicago TribuneCHICAGO – Prime Group Realty Trust's agreement to sell a 1.1 million-square-foot portfolio of local manufacturing facilities and distribution centers to CenterPoint Properties Trust for $54 million suffered a...
May 30, 2002 Redevelopment project may revitalize Chicago retail districtChicago Sun-TimesCHICAGO – A small group of merchants in Chicago's Englewood neighborhood has hired Smithfield Properties LLC, a company best known for redevelopments on State Street downtown, to build 176,000 square...
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