May 20, 2010 St. Louis-based S. M. Wilson & Co. has hired Tom Kaiman to lead its new business group focused on managing and expanding the company’s federal government and military construction business. Read more...
May 20, 2010 Three Illinois commercial real estate specialists recently formed Frontline Real Estate Partners, LLC, a new firm that specializes in acquiring value-add, distressed and surplus real estate assets across the nation. The company also provides counseling services to financial institutions, private companies and restructuring advisors on real estate matters. Read more...
May 19, 2010 Lexington, Ken.-based NAI Isaac Commercial Properties recently helped Sports Zone, a sports-themed entertainment center, open a new location in Berea, Ken. Read more...
May 19, 2010 Tegrant Diversified Brands has signed a long-term lease renewal and expansion for 44,153 square feet of office space at Commerce Point in Arlington Heights, Ill. The 52,000-square-foot property has served as Tegrant’s Chicago office for more than seven years. Read more...
May 19, 2010 Patrick Minea, senior vice president and managing director of NorthMarq Capital’s Minneapolis regional office, arranged first mortgage financing of $13 million for Centennial Lakes IV in Edina, Minn. Read more...
May 19, 2010 New Berlin, Wis.-based Inkwell Creations, LLC recently leased approximately 14,800 square feet of retail space from Greenfield Plaza, LLC. Milwaukee-based Ogden & Company helped facilitate the lease. Read more...
May 19, 2010 Nearly 70 percent of U.S. retailers believe that the overall economy is improving, and 92 percent are planning to increase store openings, according to a new survey released by CB Richard Ellis Group, Inc. The report, Shop Talk - A Retailer's Perspective, also finds that despite an improving economy, nearly all the retail executives surveyed believe that retail rents will either fall or remain flat throughout the rest of 2010. Read more...
May 18, 2010 You can't accuse Jay Holland of being a pessimist. The senior vice president with the St. Louis office of Cassidy Turley had little but good news to report from the Midwest city. Yes, the commercial real estate market in St. Louis is down. That's not a surprise; it's down everywhere. But, as Holland says, things could be much, much worse. Read more...
May 18, 2010 Motor Werks has completed a lease for the former Suburban Buick dealership in Wheaton, Ill. Podolsky Northstar CORFAC International represented the owner of the property, WGE Properties, LLC in the complicated transaction that followed a consent foreclosure. Read more...
May 18, 2010 As senior vice president and central region manager with Walker & Dunlop Real Estate Financial Services, Vic Clark oversees the Midwest. As he looks across the region, he’s come to an important conclusion: There are significant signs of hope in the Midwest’s commercial real estate markets. Read more...
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