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The narrower term 'tenancy' describes a lease in which the tangible property is land (including at any vertical section such as airspace, storey of building or mine).A premium is an amount paid by the tenant for the lease to be granted or to secure the former tenant's lease, often in order to secure a low rent, in long leases termed a ground rent.
Lease purchase agreement (click to view pages) Rent-to-own, also known as rental purchase or rent-to-buy, is a type of legally documented transaction under which tangible property, such as furniture, consumer electronics, motor vehicles, home appliances, engagement rings, and real property, is leased in exchange for a weekly or monthly payment, with the option to purchase at some point during ...
The Illinois Envelope Company remained in the building until 1998, when the company was purchased by Mail-Well. The plant was closed five months later. [4] The building remained vacant until 2016, when the Kalamazoo County Board of Commissioners agreed to renovate and lease the building for a new health and human services facility. [5]
In July 2001, the company invested $56 million in 9 suburban buildings and sold an apartment complex, 4 industrial buildings and a 42-acre land parcel in Aurora, Illinois for $48 million. [5] In October 2001, the company began development of O'Hare Express North. [6] In 2001, Michael M. Mullen became president and chief operating officer of the ...
It was completed in 1987 and has 40 floors. [1] Johnson/Burgee Architects designed the building, which is the 57th tallest building in Chicago. [2]From 1988-2016 the lobby of the building featured a tapestry by Helena Hernmarck titled "The 1909 Plan of Chicago" depicting the Civic Center Plaza proposed in the Burnham Plan of Chicago. [3]
The Kemper Building is a 522 ft (159m) tall skyscraper in the Loop area of Downtown Chicago, Illinois. It was completed 1962 and has 41 floors. It was completed 1962 and has 41 floors. When it was completed, it was the tallest marble-clad office building in Chicago.