Archives

Mayor Rahm Emanuel today announced the City’s Ending Veterans Homelessness Initiative (EVHI) is receiving a $100,000 grant from the Elks National Veterans Service Commission that will be used to launch a Veterans Emergency Fund. The $100,000 in private funding, provided by the Elks, will help support at least 50 veterans in securing stable housing, and is another step in the City’s commitment to ending veteran homelessness in Chicago

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased Walgreens property located at 2001 Milwaukee Avenue in Chicago, IL for $11,275,000

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant Bank of America Ground Lease located at 1400 Waukegan Road in Glenview, IL for $6,900,000.

Senate FY17 Energy & Water Bill Includes Kirk-Driven Provisions to Boosts Supercomputer Development, Strengthens Illinois Waterway Infrastructure; Bill Funds National Labs, Waterway Infrastructure, Cybersecurity Improvements

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased Shopko Hometown property located at 110 Watters Drive in Dwight, Illinois for $2,115,000.

U.S. Senator Mark Kirk (R-Ill.) today voted to boost funding for cutting-edge research at National Laboratories, including Argonne and Fermilab in Illinois, and to support efforts to protect the Great Lakes from invasive species and improve waterway infrastructure on Illinois’ rivers and lakes. The Senate Appropriations Committee approved the Energy and Water Development Appropriations bill for fiscal year (FY) 2017, which now heads to the Senate floor.

Mayor Rahm Emanuel and representatives from The John Buck Company, CNA and Hinshaw & Culbertson today broke ground on 151 North Franklin Street. The 35-story building will create 2,700 construction-related jobs and serve as CNA’s new global headquarters. The company has been based in Chicago for 116 years and the new building will pave the way for it to stay for generations to come.

The Illinois Association of REALTORS® will send a delegation of members to an international real estate conference in March as part of an ongoing effort to promote cross-border investment in the state.

“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.

U.S. Senator Mark Kirk (R-Ill.) today discussed his efforts to expand Illinois agricultural exports and honored Donna Jeschke of Grundy County with his Farmer of the Year Award at the Illinois Farm Bureau’s annual meeting, which marked the IFB’s 100th anniversary.

U.S. Senator Dick Durbin (D-IL) announced $1,163,954 in federal funding for infrastructure improvements and upgrades at Central Illinois Regional Airport in Bloomington-Normal, Illinois. The grant was awarded through the U.S. Department of Transportation’s Federal Aviation Administration

U.S. Senator Mark Kirk (R-Ill.) today helped pass long-term highway and rail bill that invests $6.3 billion in Illinois highways and transit systems over the next three years and includes Kirk-authored legislation to reform and reauthorize the Export-Import Bank and open access to low-interest financing for freight and passenger rail projects.

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant Starbucks property located at 7101 South Stony Island Avenue in Chicago, IL for $1,460,000.

Luxury homes sold at a faster pace during the first quarter of 2015, January through March, than they did a year earlier in the seven-county metropolitan Chicago real estate market. Transaction activity was 16 percent higher for the period, with luxury home sales totaling 378 units. Luxury properties sold during the quarter were also finding buyers more quickly, requiring an average of just 144 days, compared to 158 days during the same period last year, according to the RE/MAX Luxury Report on Metro Chicago Real Estate

U.S. Senator Dick Durbin (D-IL) announced today that the City of Quincy, Illinois has received a $1,100,000 grant through the U.S. Department of Transportation’s (DOT) Federal Aviation Administration for infrastructure improvements and upgrades at Quincy Regional-Baldwin Field Airport. This grant will be used to construct a new taxiway, assisting the airport in meeting new design and safety standards, and improving access to the airfield for employers and economic drivers in the region