State: Illinois - IL

January 16, 2004 Lexington Corporate Properties Trust (NYSE:LXP) has acquired a distribution facility in New Lenox, Ill., for $28.6 million, or $41.27/sf.The New York-based REIT acquired the 693,000-square-foot distribution facility on behalf of one of its joint venture investment programs.To ...

January 15, 2004 Crain's ChicagoThe impending closure of 12 Dominick's Finer Food stores is a blow not only to the 800 people who will lose their jobs, but also to communities and other retailers that counted on the grocery to ...

January 15, 2004 Chicago TribuneThe Lakehurst Mall, a 1.1 million-square-foot mall in Waukegan, Ill., outside of Chicago, will be torn down. A development costing more than $200 million is planned for the site, possibly including a Harrah's casino. The last ...

January 14, 2004 Law firm Perkins Coie LLP is moving out of its South Michigan Avenue offices in Chicago and into two floors at Bank One Center, a 37-story tower at 131 S. Dearborn St. that is plagued with vacant ...

January 14, 2004 Chicago Tribune (Fourth Item)Space Center Inc. has purchased a 170,000-square-foot industrial building at 901 Oakton St. in Des Plaines, Ill., for $9 million, said Thomas Casey, vice president in the local office of the St. Paul-based real ...

January 14, 2004 Chicago Tribune (Third Item)TA Associates Realty made two deals last month. The Boston-based pension fund adviser sold a nearly 99,000-square-foot office building at 1100 Lake Cook Road in Buffalo Grove, Ill, that is under a long-term lease ...

January 14, 2004 Chicago Tribune (Second Item)Chicago law firm Seyfarth Shaw, which has been mulling options in the downtown office market, has hired a real estate adviser, Jones Lang LaSalle, sources said. The firm has 221,000 square feet of space ...

January 14, 2004 Chicago TribuneA suburban Detroit development firm is negotiating to buy 250 S. Wacker Drive in Chicago, a financially troubled office building in a high-profile location. Real Estate Development and Investment Co. would pay nearly $19 million for ...

January 13, 2004 Chicago Sun-TimesDominick's will close 12 money-losing grocery stores in the Chicago area on March 13. The chain, hit by lower-cost competitors ranging from Wal-Mart to Costco, will be left with 101 stores. In Chicago, stores will close ...

January 12, 2004 Crain's Chicago BusinessAn affiliate of Grossinger City Toyota has paid $18.2 million for the former site of Tower Oldsmobile on Wells Street in the Old Town neighborhood of Chicago. The site will become the new home of ...