Archive | March, 2011

Jones Lang LaSalle negotiates big downtown St. Louis move for energy firm

March 17, 2011 Foresight Energy, one of the country's largest coal-mining companies, is moving its corporate headquarters to St. Louis. Read more...

Midwest Real Estate News, News Comments (2)

Midwest real estate industry loses a leader: Mesirow Financial’s Tyree dies

March 17, 2011 The Midwest commercial real estate industry lost one of its top veterans when James Tyree, chairman and chief executive officer of Chicago-based Mesirow Financial, died March 16. His death came just five months after Tyree was diagnosed with stomach cancer. Read more...

Illinois Real Estate Journal, Midwest Real Estate News, News Comments (3)

Dick’s Sporting Goods, other shops target shopping center in Missouri city

March 16, 2011 CB Richard Ellis recently helped several retailers move to The Shops at Liberty Triangle, a new shopping center located in Liberty, Mo. Read more...

Midwest Real Estate News, News Comments (5)

Top commercial real estate execs are earning more. Is this the sign of an industry in recovery mode?

March 16, 2011 If the wages of the commercial real estate industry's top professionals is any indication, than the industry appears to be in the early stages of a recovery. Read more...

Illinois Real Estate Journal, Midwest Real Estate News, Minnesota Real Estate Journal, News Comments (1)

Jones Lang LaSalle named ENERGY STAR partner of the year

March 16, 2011 The U.S. Environmental Protection Agency (EPA) has named Jones Lang LaSalle 2011 ENERGY STAR Partner of the Year for its leadership in promoting and implementing strategic energy management programs to achieve significant energy and financial savings, and for its commitment to maximize energy efficiency across its entire operation. Read more...

Illinois Real Estate Journal Comments (0)

Cushman & Wakefield represents MSI in industrial purchase

March 16, 2011 Cushman & Wakefield of Illinois, Inc. has brokered the sale of a 212,371-square-foot industrial property at 1441 Jarvis Avenue in Elk Grove Village, Ill. Read more...

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

The Future of Debt – How Quickly We Are Back! Liquidity returns.

March 16, 2011 Today’s buzz-words are “Cash Flow”, “Income in Place”, and “Lease rollover”. Virtually all lenders have returned to the market. Life Insurance Companies, Banks, CMBS (no longer called Conduits) and many public and private Funds are providing capital to real estate, post recession. This is a clear sign that we bottomed out in 2009-10 and the future is bright. Read more...

Home Column, IREJ Column Comments (1)

EnTrust Realty Advisors completes sale of the 83,800 SF industrial building

March 15, 2011 EnTrust Realty Advisors, LLC, and Alter 360° have completed the disposition of the 83,600-square-foot Davies Molding industrial building, located at 350 Kehoe Boulevard in Carol Stream, Ill. Read more...

Chicago Industrial Properties, Illinois Real Estate Journal Comments (1)

I-39 Corridor prepares for industrial sector expansion

March 15, 2011 Portions of the I-39 Corridor in North Central Illinois may technically be considered part of the Greater Chicago Metropolitan Area, but proponents of the burgeoning economic area tout its distance from the mega Midwestern city as one of its strongest selling points. Read more...

Chicago Industrial Properties, Illinois Real Estate Journal Comments (1)

Arthur J. Rogers closes $8.7M sale in Forest View

March 15, 2011 Arthur J. Rogers & Co. has brokered the sale of the Old Dominion Freight Terminal in Forest View, Ill. The sale was valued at $8,775,000. Read more...

Chicago Industrial Properties Comments (0)