Archives: News

Posted:
March 5, 2020

After a Decade of Waiting, Giant Mixed-Use Development Coming to Suburban Grayslake

More than a decade after it was first approved, a giant mixed-use development in northwest suburban Grayslake is finally underway.

Medline Industries agreed to be the first tenant at Cornerstone, a 641-acre site at Peterson Road and Route 83. The Northfield, Illinois-based manufacturer and distributor of medical supplies will occupy a 1.4M SF warehouse now under construction by The Alter Group, Cornerstone’s developer.

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Posted:
March 4, 2020

Alter Launches $750M Mixed-Use Project in Chicago Suburbs

Medline, headquartered in Northfield, IL, plans to relocate its Libertyville operations to the new facility. In addition, the new Grayslake facility will add 250 more jobs to the company's operations.

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Author:
Richard M. Gatto
Posted:
June 5, 2017

Iconic Arizona real estate school on the move

One of the largest real estate and business schools in the nation as well as one of the oldest in Arizona, the Arizona School of Real Estate & Business, is moving from its iconic Scottsdale location to a 14,000-square-foot office space within Riverwalk at Talking Stick.

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Author:
admin
Posted:
April 25, 2017

Caterpillar’s move does not really change the direction of the suburban market

CHICAGO—Officials of Peoria, IL-based Caterpillar Inc. made a big splash last week by announcing they would soon relocate to suburban Deerfield. Instead of leasing a new office in the CBD, Caterpillar reached a multi-year leasing agreement with Corporate 500 office park, and expects about 100 employees to relocate this year, with about 300 people in the new headquarters by mid-2018.

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Author:
Chuck Sudo
Posted:
03.09.16

The Time is Right for Alter’s Corridors North Development

EVP Richard Gatto tells us Alter's moving forward with Phase 4 of Corridors North, a Downers Grove office development encompassing 50-acres and 1.5M SF.

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Posted:
02.27.16

Alter Announces Corridors North

1,500,000 SF campus in Downers Grove, IL will be largest new space in the East/West Corridor

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Posted:
02.25.16
Author:
Robert Carr
Posted:
02.05.16

How Long Will the Industrial Boom Last?

Investors are diving into the U.S. industrial market, chasing after a property type that’s having one of its best recovery cycles on record because of the never-ending need for more e-commerce distribution space.

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Author:
Mike Sunnucks
Posted:
01.20.16

Alter Focuses on New Office Developments and Away From Industrial

Alter is moving its focus to new office developments citing work the firm has done for Google and Salesforce and away from the industrial segment.

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Author:
Barbara Murray
Posted:
01.08.16

Alter Group Alters its Name

The noted national commercial real estate development firm known as the Alter Group is now Alter, a leaner name for a leaner and faster company.

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