Archive | March, 2011

Minnesota’s Gaughan Companies joins CORFAC International network

March 23, 2011 Forest Lake, Minn.-based Gaughan Companies recently joined CORFAC International. The company will now operate as Gaughan Companies/CORFAC International. Read more...

Midwest Real Estate News, Minnesota Real Estate Journal, News Comments (2)

Dow AgroSciences to lease 35,000 square feet at research center in Indiana

March 23, 2011 Dow AgroSciences recently signed a lease with Portage, Ind.-based Holladay Properties to rent 35,000 square feet at the Innovation Center, a Holladay/Purdue Research Foundation joint venture in the Purdue Research Park. Read more...

Midwest Real Estate News, News Comments (1)

Friedman negotiates sale of 5,000-square-foot retail building in Michigan

March 23, 2011 Farmington Hills, Mich.-based Friedman Integrated Real Estate Solutions recently negotiated the sale of a 5,797-square-foot retail building in Mancelona, Mich. Read more...

Midwest Real Estate News, News Comments (0)

Minneapolis’ Paramount names Anderson its broker of the year

March 23, 2011 Minneapolis' Paramount Real Estate Corp./TCN Worldwide recently named Zachary Anderson as its 2010 Paramount Broker of the Year. Read more...

Midwest Real Estate News, Minnesota Real Estate Journal, News Comments (2)

Catalyst Exhibits moves to Kenosha County

March 22, 2011 Catalyst Exhibits has signed a long-term lease for a 144,000-square-foot facility in Kenosha County. The firm is relocating from Crystal Lake, Ill. to the LakeView Corporate Park in Pleasant Prairie, Wis. The Wisconsin State Department of Commerce pledged a $500,000 loan to the company and the Kenosha Area Business Alliance is providing $1.25 million in the form of a low-interest loan to assist with facility renovations and equipment. Read more...

Chicago Industrial Properties, Illinois Real Estate Journal Comments (0)

PwC reports that investor optimism will rise in 2011

March 22, 2011 Investor confidence is slowly growing in the U.S. as key components of the economy begin to strengthen, causing many to believe that the commercial real estate industry is moving past the bottom of the current cycle reports the first quarter 2011 PwC Real Estate Investor Survey. Read more...

Chicago Industrial Properties, Illinois Real Estate Journal Comments (5)

Cushman & Wakefield negotiates five industrial transactions

March 22, 2011 Cushman & Wakefield of Illinois, Inc. has recently negotiated five industrial leases in the Chicago area, totaling more than 140,000 square feet. Read more...

Chicago Industrial Properties Comments (1)

The Georgetown Company acquires 35 N. State Street for $23M

March 21, 2011 The Georgetown Company has acquired 35 North State Street, a 60,000-square-foot building on the corner of Washington Street in Chicago, for $23 million. The building is currently net-leased to Old Navy and serves as the retailers’ Chicago flagship. Read more...

Illinois Real Estate Journal Comments (1)

HSA Commercial Negotiates 41,728 SF Lease with American Sale in Carol Stream

March 21, 2011 Michael Havdala, senior vice president of the retail brokerage division, and Kelsey Blindt, associate, with HSA Commercial Real Estate represented the ownership of 310-330 Army Trail Road, Carol Stream, Ill. in a 41,728-square-foot lease with American Sale. Read more...

Illinois Real Estate Journal Comments (1)

UGL Services negotiates lease expansion for Pierce and Associates

March 21, 2011 Pierce and Associates, a Chicago law firm founded in 1975 and serving the mortgage banking industry, has signed a lease expansion agreement totaling 77,883 square feet of space on the twelfth and thirteenth floors at One North Dearborn Street in the Central Loop. Read more...

Illinois Real Estate Journal Comments (1)