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September 6, 2000 Industry news: Palmolive building likely to fetch $55 MlnThe Chicago Tribune, September 6 CHICAGO – Three bidders are said to be the finalists in a bidding war for the former Palmolive building at 919 N. Michigan Ave.,...
September 5, 2000Urban view fuels office boom in Chicago The Chicago Tribune, September 5 CHICAGO – While Chicago's downtown office market is running on a record pace, investors are avoiding the suburban market. Nearly $1 billion in downtown towers have...
September 1, 2000 Edgecliff solicits Lodgian proxies The Cincinnati Enquirer, September1 CINCINNATI – Edgecliff Holdings Inc. of Fort Mitchell, Ky., has begun soliciting shareholder support for a takeover of Lodgian Inc., the Atlanta-based operator of more than 130 hotels in...
August 31, 2000Plans for world's tallest building collapseThe Chicago Sun-Times, August 31 CHICAGO – City planning chief Christopher Hill yesterday declared officially dead Scott Toberman's plan to build the "world's tallest building" downtown. The planning and development commissioner said that...
August 30, 2000 Industry news: Chicago's downtown offices still hot property The Chicago Tribune, August 30 CHICAGO – CB Richard Ellis Investors LLC has nearly completed its due diligence for its purchase of 303 W. Madison St. for $46 million....
August 29, 2000 Great lakes REIT may put itself on the blockThe Chicago Tribune, August 29 CHICAGO – Great Lakes REIT has retained Lehman Brothers Inc. to field offers for the company, which owns low-profile suburban office buildings and has...
August 28, 2000 Equity Residential files for debt sale Chicago Sun Times, August 28CHICAGO – Equity Residential Properties has filed for debt sales to raise as much as $1 billion to buy and develop properties. The Chicago-based real estate investment...
August 25, 2000 Wells Fargo signs lease for space at World Trade Center The St. Paul Pioneer-Planet, August 25 ST. PAUL, Minn. – Wells Fargo has signed a 15-year lease for 49,000 square feet at the World Trade Center in...
August 24, 2000 Downtown Indianapolis project gets new boost The Indianapolis Star, August 24 INDIANAPOLIS – A multimillion-dollar project slated for the northeast corner of Illinois and Washington streets in downtown has been given new life, since being thwarted last...
August 23, 2000 Harrah's to build office building in Northern KentuckyThe Cincinnati Enquirer, August 23 FLORENCE, Ky. – Harrah's Entertainment Inc. has hired Koll Corporate Development to build a 150,000-sf office building on a 10-acre parcel that the gambling company...
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