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Clear Heights Properties unloads multi-tenant industrial facility in Arlington Heights May 4, 2021
Clear Height Properties has completed the disposition of 3456 N. Ridge Road, a multi-tenant industrial facility in northwest suburban Arlington Heights. The property was acquired by an undisclosed buyer and the financial terms of the transactions were not disclosed.
The 100,200-square-foot industrial facility had been owned by Clear Height Properties since May 2018. At closing, the building was occupied by three tenants.
The Industrial team at Colliers of Pat Turner, Senior Vice President, and Brendan Green, Senior Vice President represented Clear Height Properties in the disposition. Tags
Delinquent rent in Chicago could now exceed $1B, according to a survey released last week by the Neighborhood Building Owners Alliance, a group of small and midsized Chicago landlords.
The high level of delinquency brought about by the coronavirus pandemic is leading to neighborhood disinvestment. With their revenue plunging to historic lows, 65% of landlords surveyed said they expect to make fewer capital improvements. In addition, nearly half expect to cut down on repairs and maintenance.
“With so much delinquent rent, many housing providers lack the funds to continue to maintain their properties,” NBOA President Michael Glasser said in a press release.
Provided by Business Wire
Apr 22, 2021 11:30 AM UTC
Cresco Labs Announces the Appointment of Tarik Brooks to Its Board of Directors and the Retirement of Dominic Sergi
Cresco Labs (CSE:CL) (OTCQX:CRLBF) (“Cresco Labs” or the “Company”), a vertically integrated multistate operator and the number one U.S. wholesaler of branded cannabis products, today announced an additional refreshment of its board of directors to further strengthen its leadership in the cannabis industry.
Cresco Labs appoints Tarik Brooks, President of Combs Enterprises, to its Board of Directors (Photo: Business Wire)
Appointment of Tarik Brooks
Cresco Labs has appointed Tarik Brooks to its board of directors, effective immediately. Mr. Brooks is a seasoned executive with more than 22 years of experience driving large scale business transformations across several industries including spirits, hospitality and media.
Cresco Labs appoints Tarik Brooks, President of Combs Enterprises, to its Board of Directors
Cresco Labs Inc. (CSE:CL) (OTCQX:CRLBF) (âCresco Labsâ or the âCompanyâ), a vertically integrated multistate operator and the number one U.S. wholesaler of branded cannabis products, today announced an additional refreshment of its board of directors to further strengthen its leadership in the cannabis industry.
Appointment of Tarik Brooks
Cresco Labs has appointed Tarik Brooks to its board of directors, effective immediately. Mr. Brooks is a seasoned executive with more than 22 years of experience driving large scale business transformations across several industries including spirits, hospitality and media.