Archive | September, 2011

Broadening the brokerage mentality

September 26, 2011 The Chicago industrial market is desperately in search of equilibrium and consistency. Without it, many in the industry question when a significant and sustainable recovery will occur. Read more...

CIP Column, Home Column Comments (2)

Migration Absolute

September 26, 2011 On average, transportation costs are typically eight to ten times the cost of real estate and in most scenarios, transportation is the true “driver” behind real estate decisions. With higher fuel costs, decaying infrastructure and fewer truck drivers on the horizon, migration to rail is absolute. Read more...

CIP Column, Home Column Comments (2)

Colliers represents CenterPoint in a 100,377-square-foot industrial lease

September 26, 2011 Brian W. Kling, senior vice president; and Thomas M. Condon, senior vice president, both with the Industrial Advisory Group of Colliers International | Chicago, represented CenterPoint Properties in a 100,377-square-foot new long-term lease to Lenze at 125 Wall Street Trail in Carol Stream, Ill. Read more...

Chicago Industrial Properties, IREJ Column Comments (0)

Ohio university debuts new athletic arena

September 23, 2011 Bowling Green State University officially dedicated its Stroh Convocation Center, the school's new 5,000-seat, 130,000-square-foot multi-purpose arena, on Sept. 9. Read more...

Midwest Real Estate News, News Comments (2)

Goodman brings sandwich shop to Ohio town

September 23, 2011 Goodman Real Estate Services Group LLC of Cleveland recently completed a deal to bring Charley’s Grilled Subs to 2630 Lincoln Way East in Massillon, Ohio. Read more...

Midwest Real Estate News, News Comments (1)

Cassidy Turley Barry helps rubber company purchase Wisconsin industrial building

September 23, 2011 Kuehn Rubber Corp. recently purchased a 34,000-square-foot industrial building located in the Falls Business Park in Menomonee Falls, Wis., from Harris Mid America Holdings, Inc. Read more...

Midwest Real Estate News, News Comments (0)

The suburban market is down, but long-term outlook is positive

September 23, 2011 With high vacancy rates, a large stock of outdated product, and transportation issues, it may seem like an odd time to make a case for real estate in the Chicago suburbs, but armed with demographic projections, a panel of commercial real estate executives attempted to do just that at a ULI forum. Read more...

Illinois Real Estate Journal Comments (0)

111 E. Wacker under contract for $150.6M

September 23, 2011 Parkway Properties, Inc. has announced that it is under contract to sell 111 East Wacker Drive for a gross sale price of $150.6 million. Read more...

Illinois Real Estate Journal Comments (0)

NorthMarq, Cushman merger to change commercial landscape in Minneapolis/St. Paul

September 22, 2011 The Minneapolis/St. Paul-area commercial real estate landscape is about to look a lot different. Two of the area's largest commercial real estate firms -- NorthMarq and Bloomington, Minn.-based Cushman & Wakefield Minnesota -- have agreed on a merger. Read more...

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

Colliers represents company in 44,000-square-foot lease negotiations in Omaha

September 21, 2011 Colliers International recently announced that it was representing TeleManagement in the negotiations of the company's 44,587-square-foot long-term lease at North Park 8 in Omaha. Read more...

Midwest Real Estate News, News Comments (0)