Investing

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a new construction single tenant triple net leased Walgreens property located at the southwest corner of 95th Street and Southwest Highway in Oak Lawn, Illinois for $10,700,000.

Mayor Rahm Emanuel and Sprint (NYSE:S) today announced a series of investments in Chicago that will bring jobs and infrastructure investments to the city over the next two years. This investment plan – known as Sprint® for Chicago – will bring more than 300 new jobs to neighborhoods throughout Chicago by the end of 2015 and includes the installation of hundreds of new cell sites and an expected investment of $45 million in its network infrastructure between now and the end of 2016.

U.S. Representative Randy Hultgren (IL-14) has cosponsored the Short Line Railroad Rehabilitation and Investment Act of 2015 (H.R. 721), which extends a tax credit of 50 cents for every dollar spent on track improvements, leveraging private sector investment into Illinois and national infrastructure.

Chicago Housing Authority announced today it is set to begin the next phase of renovations for Altgeld Gardens –Murray Homes Development on the city’s Far South Side. CHA is in the midst of multi-phased rehab of the housing development that will improve housing options for thousands of families. This is part of CHA’s plan to invest $240M in 2015 to build affordable housing units across the City on top of the $135M spent last year to develop affordable housing for low-income families and seniors.

Northbrook, IL - October 1, 2013 - (RealEstateRama) -- The Boulder Group, a net leased investment brokerage firm specializing in single tenant assets, has completed the sale of a single tenant Bank of America located at 2163 North Clybourn Avenue in the Lincoln Park neighborhood of Chicago, Illinois for $6,940,000.

WASHINGTON, D.C. - September 30, 2013 - (RealEstateRama) -- Today, Congresswoman Cheri Bustos (IL-17), a member of the House Transportation and Infrastructure Committee, released the following statement applauding BNSF’s recent decision to invest $145 million in improving and expanding Illinois rail capacity. This investment includes extending three departure tracks at the Galesburg Yard to a length of 10,000 feet each and construction of new siding 7,600 feet long between Barstow and Hillsdale

Northbrook, IL - September 18, 2013 - (RealEstateRama) -- The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased Kroger property located at 2701 Columbus Street in Ottawa, Illinois for $2,712,000

CHICAGO, IL - May 27, 2013 - (RealEstateRama) -- To honor military families this Memorial Day, Governor Pat Quinn today announced the investment of an additional $5 million in state capital funds to increase affordable homeownership opportunities under the Welcome Home Heroes program. The initiative is part of Governor Quinn’s commitment to help Illinois’ military families transition to civilian life, and to strengthen and stabilize communities by making homeownership more affordable

CHICAGO, IL - May 17, 2013 - (RealEstateRama) -- Chicago-based healthcare real estate investment company Stage Equity Partners LLC (“Stage”) announced the recent acquisition of a 52,126 square foot medical office complex in Elk Grove Village, a northwest suburb of Chicago. According to Stage President and Founder Brian Howard, the complex of four single-story interconnected buildings called Woodland Square was acquired in a direct off-market transaction from a local family partnership at approximately $138 per square foot. The complex is located in the heart of the Alexian Brothers Medical Center campus, directly across the street from the 387-bed flagship hospital for the Alexian Brothers Health System (owned by Ascension Health)

WASHINGTON, D.C. - March 5, 2013 - (RealEstateRama) -- Today, Congresswoman Cheri Bustos (IL-17), along with other members of the U.S. House of Representatives Transportation and Infrastructure Committee, introduced The Invest In American Jobs Act Of 2013. This bill would create American jobs and revitalize American manufacturing by strengthening the Buy America requirements for transportation and infrastructure projects.

Chicago, IL - December 24, 2012 - (RealEstateRama) -- Attorney General Lisa Madigan today announced she has designated up to $70 million of funding from the national foreclosure settlement for housing counseling services and relief efforts for Illinois communities fraught with vacant and abandoned properties that have been hardest hit by foreclosure

CHICAGO - October 23, 2012 - (RealEstateRama) -- Nearly 700 affordable rental apartments will be built across Illinois, increasing housing opportunities for working families, seniors and people with special needs and disabilities, thanks to the allocation of federal tax credits approved by the Illinois Housing Development Authority (IHDA) board.

January 25, 2012 - (RealEstateRama) -- The RE/MAX Plaza brokerage chain recently grew to three offices after its broker/owner, Rob Schaid, purchased the existing RE/MAX office in the Lake County community of Wauconda, Ill. RE/MAX Plaza now operates offices in McHenry and Richmond, Ill., both in McHenry County, as well as the Wauconda location.

Northbrook, IL - November 29, 2011 - (RealEstateRama) -- The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased Starbucks property located at 4820 N. University Street in Peoria, IL for $1,175,000.

Northbrook, IL - July 1, 2011 - (RealEstateRama) -- The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased ConocoPhillips property located at 10 S. Randall Road in Algonquin, IL for $5,176,000.