Regions Midwest
Inland Real Estate Sells Crown Centre in Frankfort
April 30, 2008

Inland Real Estate Sales Inc. announced the sale of Crown Centre, a 48,000-square-foot mixed-use property in Frankfort, Ill. The property is located on the southwest corner of LaGrange Road and Lincolnway Lane at 20606 South LaGrange Road. Crown Centre’s tenants include Salon Rhapsody, Prudential Financial and Flectere Health and Tanning Center.  


 
Recent Midwest Headlines
CMBS Veteran Launches Advisory Firm
Frederick Fellows has established Basalt Capital L.L.C. (Basalt) in Chicago, Ill., an investment management company focused on commercial real estate debt securities, the firm has announced.
GE Finances $67M for Offices
GE Real Estate has announced two office financing deals totaling $67 million.
Suburban Chicago's Purple Hotel Slated for Redevelopment
Inland Real Estate Acquisitions Inc. and TMK Development Ltd. have unveiled plans to acquire and redevelop the Purple Hotel in the suburb of Lincolnwood, Ill., just north of Chicago.
University of Chicago to Create $200 Million Center Honoring Late Economist
The Milton Friedman Institute will eventually be housed in facilities now occupied by the Chicago Theological Seminary.
JV Formed to Develop Suburban Des Moines Retail
Capital Growth Madison Marquette of Minneapolis and DRA Properties L.L.C., an Ankeny, Iowa-based real estate company, have formed a partnership to develop about 500,000 square feet of retail space in Ankeny.