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Latest News

An affiliate of Next Realty LLC acquires Lincolnwood land site for redevelopment

May 16, 2012 An affiliate of Next Realty LLC has completed the acquisition of a prime land parcel at the southwest corner of Touhy and Crawford avenues in Lincolnwood to take advantage of a redevelopment opportunity. Read more...

Illinois Real Estate Journal

Opus Development Corporation to build luxury residential development

May 16, 2012 Opus Development Corporation has announced plans to begin development and construction of a new luxury apartment complex in Lisle. Read more...

Illinois Real Estate Journal

McShane Construction breaks ground on 57-unit senior living development

May 16, 2012 McShane Construction Company recently broke ground at The Lodge of Northbrook on behalf of Omaha-based developer Essex Corp. Read more...

Illinois Real Estate Journal

Developer Wirtz Realty opens doors to office, training and distribution center

May 16, 2012 Wirtz Realty Corp., developer and subsidiary of Wirtz Corp., has announced the opening of a 605,000-square-foot, multi-use office, training and distribution center on May 2. Read more...

Illinois Real Estate Journal

Hines to develop Chicago office tower

May 16, 2012 Ivanhoé Cambridge has announced its planned investment of $300 million to build a 45-story office tower in the West Loop in downtown Chicago. Read more...

Illinois Real Estate Journal

Coldwell Banker Commercial Griffin negotiates $2.275 million office building sale in Minnesota

May 16, 2012 Senior associate Dan Altstatt of Coldwell Banker Commercial Griffin Companies has negotiated the signing of a $2.275 million, 23,301-square-foot sale at 731 Bielenberg Drive in Woodbury, Minn. Read more...

Midwest Real Estate News, Minnesota Real Estate Journal, News

Colliers hires industry vet to head Indiana region

May 16, 2012 Glenn Davis has been named the new president and managing director of Colliers International's Indiana region. Read more...

Midwest Real Estate News, News

Multi-family construction to reach nine-year high in Cincinnati this year, according to Marcus & Millichap

May 16, 2012 Apartment vacancies should fall below 5 percent this year in Cincinnati, according to the latest research from Marcus & Millichap. That's good news for landlords in the city, who should be able to raise their monthly asking rents without chasing away their tenants. Read more...

Midwest Real Estate News, News

YouWalkAway.com CEO: Strategic default isn’t immoral, it’s a smart financial move

May 16, 2012 Jon Maddux helps homeowners walk away from their mortgage loans, even if they can afford to make their payments. And he doesn't feel guilty about it. Read more...

Illinois Real Estate Journal, Midwest Real Estate News, Minnesota Real Estate Journal, News

The Missner Group selected for 77,100-square-foot spec build-out

May 15, 2012 The Missner Group has been selected for a 77,100-square-foot tenant improvement and office build-out located at 1400 Algonquin Road, within the Briarwood Business Center. Read more...

Chicago Industrial Properties

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Recent Columns

Small and Mid-sized industrial users gain momentum and look long-term

As the brunt of the recession fades from memory, small to mid-sized businesses are approaching the industrial market with renewed confidence. The result is a focus on long-term planning, which is prompting an uptick in activity and pushing vacancy rates downward. Read more...

Is the O’Hare Market Ready for Take-off?

Air cargo volume and the Midwest Manufacturing Index can be a useful tool in predicting future trends in Chicago's O'Hare industrial market. Read more...

There’s a Reason it’s Called the Golden Rule

Those who make it in this business tend to be adept at understanding how to cultivate positive relationships with all parties in a transaction. Learning to balance the fiduciary responsibility to the client while simultaneously building respect with the person on the “other side of the table” is a critical skill that takes time and patience. Read more...

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