Business

Randy Blankstein, President of the national net lease advisory firm The Boulder Group, will be the conference chair of the Midwest Real Estate News 2nd Annual Net Lease Summit Conference in Chicago on July 20th, 2016. Additionally, he will be moderating a panel at the conference discussing the state of the Net Lease Market

“Medical related properties featuring long term leases with multiple rental escalations continue to be highly sought after amongst the investor community as they provide an inflationary hedge” said Randy Blankstein, President of The Boulder Group.

House hunting continues to move in a digital direction, and the ability to pursue property listings online certainly makes the home-search process simpler. Nonetheless, RE/MAX advises buyers to review online listings with their limitations as well as their benefits in mind

David J. Friedman, President of Conor Commercial Real Estate, a member of The McShane Companies, is pleased to announce the launch of Fountain Square Commerce Center – a new 70-acre, Class A multi-building industrial business park. Located within the premier I-55 corridor at Remington Boulevard and South Schmidt Road in Bolingbrook, Illinois, the well-positioned development offers easy access to the full I-55 interchange at I-55 and Route 53 and is in close proximity to the I-355 interchange. Construction is currently underway with delivery scheduled for Summer 2016.

Since it was constructed in 1973, a 424-unit multifamily property in Chicago’s southwestern corner has been known as Southgate Apartments, but under its new ownership that’s changing. Substantial upgrades and the opening of a new on-site leasing office will launch the property’s new identity as Midpointe Apartments, announced Elie Rieder, founder and CEO of Castle Lanterra Properties. The New York-based CLP acquired the four-story, eight-building property in April 2014.