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February 4, 2004 Chicago Tribune (Fourth Item)Two German investment funds have acquired a majority stake in the River North headquarters of the American Medical Association in Chicago. The deal values the building at a little less than $130 million, sources ...
February 4, 2004 Chicago Tribune (Sixth Item)The organization headed by the founder of transcendental meditation, Maharishi Mahesh Yogi, has hired NAI Hiffman to market the shuttered Blackstone Hotel at 636 S. Michigan Ave. in Chicago. The asking price is $31 ...
Remington Lodging & Hospitality LP will manage the property.
The 622,500-square-foot building is 93.5 percent leased, with the AMA occupying 58 percent of the space.
February 4, 2004 Chicago Tribune (Fifth Item)Midwest Freightways Inc. did a sale/leaseback of a 258,000-square-foot distribution center in the Crossroads Business Park in Bolingbrook, Ill., with Boston-based TA Associates Realty. The price was more than $10.3 million, sources said.
February 4, 2004 Chicago Sun-Times (Second Item)Matthews Development Corp. has hired McShane Construction Corp. to build a seven-story, 77-unit apartment building at 900 Chicago Ave. in Evanston, Ill. Demolition of an old bank building at the Chicago and Main site ...
February 4, 2004 Chicago Sun-TimesConstruction has started on a 29-story condo at 1250 S. Michigan in Chicago. About 85 percent of the 229 units have been sold and prices for what's left range from $259,800 to about $1.5 million. The ...
February 2, 2004 Crain's ChicagoRetailer Eddie Bauer is trying to sublease about two-thirds of the space in its flagship Michigan Avenue store in Chicago, according to a person familiar with the situation. The division of Downers Grove-based Spiegel Inc., which ...
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