Westwood Financial Corp. , a retail property investor with large holdings in California and Phoenix, has entered the Chicago market with a $23.63 million acquisition of a Jewel-Osco anchored shopping center in Elk Grove Village.
The Los Angeles-based firm paid roughly $194 per square foot for the 121,507-square foot development, called Elk Crossing, at Biesterfield and [...]
Entries Tagged as 'Chicago Realtors'
California shopping mall owner enters Chicago market
August 19th, 2008 · No Comments
Tags: Chicago Real Estate News · Chicago Realtors
Chicago Based General Growth Stock Takes Big Drop
July 31st, 2008 · No Comments
Shares of General Growth Properties Inc. fell as much as 15% Thursday morning, after the mall owner released a disappointing second-quarter earnings report and three brokerages cut their ratings on the company.
The Chicago-based real estate investment trust (REIT) on Wednesday lowered its profit forecast for the rest of the year and said it would defer [...]
Tags: Chicago Real Estate News · Chicago Realtors
Prime Group Realty Trust loses $56.6 mil. in 4Q
July 25th, 2008 · No Comments
Prime Group Realty Trust posted a net loss of $56.6 million during the fourth quarter, compared to a profit of $56,000 during the fourth quarter of 2007, largely because of a non-cash loss on its investment in Extended Stay Hotels Inc., according to the real estate investment trust’s long-delayed annual report filed Thursday. The REIT [...]
Tags: Chicago Realtors
Perkins & Will acquires Chicago interiors firm
July 5th, 2008 · No Comments
In a bid to strengthen its services amid the slowdown in construction, prominent Chicago architecture firm Perkins & Will Inc. on Wednesday acquired Environments Group, a much smaller rival that specializes in office interiors.
The deal more than triples Perkins & Will’s local interiors group, to 90 employees, compared to 25 people before the acquisition. Perkins [...]
Tags: Chicago Real Estate News · Chicago Realtors
Great Street Realty - Illinois Real Estate Brokers
June 3rd, 2008 · No Comments
GreatStreet Realty Partners LLC is a Chicago, Illinois Real Estate Brokerage firm based in Rolling Meadows, Illinois dedicated to providing the highest level of service to clients in the retail real estate arena.
GreatStreet (GSR) has brought together a team of experienced, knowledgeable professionals committed to service clients with strong [...]
Tags: Chicago Realtors · Illinois Brokers
Prello Realty - Chicago Flat Fee Realtors
May 29th, 2008 · No Comments
Since 2001, Prello Realty has been helping property owners save thousands in commissions. Last year alone we sold over $150 million in real estate saving [...]