Equity Based Services, Inc. announced the acquisition of Silverado Self Storage in Las Vegas, NV. Silverado is located at 8250 South Maryland Parkway, with ample frontage along Interstate 215. This Class-A, institutional investment grade facility is located in an affluent infill location within Las Vegas. The project is positioned between three major thoroughfares, situated within a high density, well established, upper income area. Silverado boasts...
Peab Industri has entered into an agreement to acquire all shares in NSP, Nordfjeldske Spunt og Peleservice AS, in Norway. NSP operates on the foundations market and has its headquarters in Trondheim. In 2007 the company had sales of NOK 125 million. NSP employs a staff of over 40. Peab Industri already operates on the foundations market in Sweden and in Norway. The acquisition is subject to an approval from the Norwegian Competition Authority (Konkurransetilsynet). “With...
Inland Real Estate Corporation announced that the Company has entered into a $140.0 million two-year unsecured term loan agreement with a lending group comprised of KeyBank, Bank of America, Wachovia, Wells Fargo and Charter One Bank. Borrowings under the term loan will bear interest at a variable rate equal to 200 basis points over the 30-day LIBOR rate in effect at the time of borrowing. The term loan has a scheduled maturity date of September 2,...
James S. Metcalf, President and COO of USG Corporation, a leading building products company, will speak on Thursday, September 18, 2008 at the CL King & Associates Best Ideas Conference 2008 at the Omni Berkshire Place Hotel in New York. The presentation is scheduled to begin at approximately 8:30 a.m. Eastern Time. A live Webcast of the presentation may be accessed from the investor information page of the USG Corporation Website at http://investor.usg.com....
American Realty Capital announced the appointment of Jesse Galloway as its Assistant General Counsel. Mr. Galloway will advise ARC’s senior management team on real estate related legal issues. He will work closely with the Company’s outside legal counsel in representing ARC in its commercial real estate and financial transactions, including legal activities related to American Realty Capital Trust, the non-traded, public REIT which ARC advises,...
Perini Corporation, a leading building, civil construction and construction management company, said its shareholders today approved the acquisition of Tutor-Saliba Corporation at the Annual Meeting of Perini shareholders. Perini announced that it expects to close the transaction on Monday, September 8, 2008. The proposal to approve the issuance of the shares in the merger was approved by over 88 percent of shareholders voting on the proposal. All...
Adrenalina, a new innovative retail entertainment destination designed for extreme sports enthusiasts, announced today that it is set to begin construction on a 15,000 square foot store at the Cherry Creek Shopping Center in Denver, Colorado and an 11,500 square foot store at Willow Bend in Plano, Texas. The stores will be positioned prominently within each mall. “With full-speed construction underway, we are looking forward to opening both stores...
This sprawling district is set along the landscaped boulevards of Logan Square and remains one of the finest sections of the City’s park boulevard system. The district’s buildings are well crafted in a variety of architectural styles. This large single-family masonry residence was built in the early 20th-century with Prairie and Craftsman features. The owners rebuilt a portion of the side masonry wall that had lacked adequate foundations and constructed...
Located in Lincoln Park on the city’s north lakefront, this building is an excellent and unusual surviving example of Chicago park architecture. Built in 1888 and designed by important architect Joseph L. Silsbee, the comfort station draws from the tradition of Victorian-era picturesque architecture. The Lincoln Park Zoo undertook the renovation of the building, and the project was funded in part with a Save America’s Treasures grant administered...
The seven grand mansions on the 1200- and 1500-blocks of North Lake Shore Drive are rare survivors of what was a prestigious residential street in late-19th century and early-20th-century Chicago. The residence at 1530 Lake Shore Drive was built in 1916 for Bernard Albert Eckhart, a prominent businessman, philanthropist, and politician. The architect, Benjamin H. Marshall, was renowned for the designs of the Blackstone Hotel, the South Shore Country...