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Illinois REALTORS celebrates 100th anniversary with new name, new EVP and its own annual day of recognition

April 29, 2016 In honor of the 100th anniversary of the Illinois REALTORS®, Illinois Gov. Bruce Rauner and state lawmakers declared April 25, 2016 as Illinois REALTORS® Day. Over the last century, the association has emerged as the leading voice for real estate and private property rights in Illinois. Read more...

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

MBRE celebrates Earth Day 2016 with variety of environmental initiatives

April 29, 2016 MB Real Estate Services Inc. (MBRE) celebrated Earth Day 2016 on April 22 with several initiatives including portfolio-wide communications, a recycling drive and distributing seeded coasters. Read more...

Illinois Real Estate Journal Comments (0)

CBRE’s Bob Wislow honored with Chicago Architecture Foundation Legacy Award

April 29, 2016 CBRE Chairman, Bob Wislow, received the Legacy Award from the Chicago Architecture Foundation at their 41st Annual Gala. Read more...

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

Ryan Companies ready to make Minneapolis’ Downtown East its new home

April 29, 2016 Ryan Companies continues to make an impact in Minneapolis' downtown, breaking ground this month on the Millwright Building at Third Street and Portland Avenue. The new building is part of Ryan's $450 million mixed-use Downtown East development. Read more...

Midwest Real Estate News, Minnesota Real Estate Journal, News Comments (0)

Chicago clinches third spot for strongest industrial market demand in this year’s first quarter and now we know why

April 28, 2016 Booming, soaring, thriving—those are just a few adjectives to describe today’s record-breaking industrial sector. In fact, Chicago was recently ranked third strongest market in terms of demand for industrial space with absorption at 3.9 million square feet, according to Cushman & Wakefield’s national first quarter 2016 report. Read more...

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

The newly formed Illinois Business and Economic Development Corp. maintains focus on investment, industrial opportunities

April 28, 2016 The New Year and the new governor are bringing much-desired change and development to the Illinois’ Department of Commerce and Economic Opportunity. Read more...

Chicago Industrial Properties, News Comments (0)

Holland Construction Services hires Katie McCutchen for newly created role

April 28, 2016 Holland Construction Services announced that Katie McCutchen has joined the Holland team in the newly created position of assistant controller. Read more...

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

Kraus-Anderson to build K-8 special ed school in Lake Elmo, Minnesota

April 28, 2016 Kraus-Anderson Construction Company has been chosen to build a new $22 million K-8 special education school for Northeast Metro Intermediate School District 916 at 8568 Eagle Point Blvd. in Lake Elmo, Minnesota. Read more...

Midwest Real Estate News, Minnesota Real Estate Journal Comments (0)

Construction on Coralville’s new senior living community to begin this fall

April 28, 2016 Grand Living and Ryan Companies US, Inc. are in plans to develop Grand Living in Coralville, a senior living community located near the intersection of First Avenue and Interstate 80 in Coralville, Iowa. Read more...

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Hurd Real Estate reaches $82M sale-leaseback agreement with Hy-Vee

April 28, 2016 Hurd Real Estate Services, Inc. has acquired seven Hy-Vee grocery stores and five convenience stores located in three states for $82.35 million in its largest sale-leaseback transaction to date. Read more...

Midwest Real Estate News, News Comments (0)

Document management firm leases 36,000 square feet in SubTroplois

April 28, 2016 Jayhawk File Express has entered the Kansas City market with a 36,000-square-foot lease in Hunt Midwest’s SubTropolis, the world’s largest underground business complex. Read more...

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Vacancy rates keep falling in Detroit’s industrial market

April 28, 2016 Detroit's industrial market is on the rise. Need proof? Check out Signature Associates' first quarter industrial review. According to Signature's numbers, the vacancy rate in the Detroit-area industrial market fell to 7.20 percent at the end of the first quarter. Read more...

Midwest Real Estate News, News Comments (0)

University of Illinois’ Electrical and Computer Engineering Building named Lab of the Year

April 27, 2016 The Electrical and Computer Engineering Building at the University of Illinois in Urbana Champaign has been named R&D Mangazine's 2016 Laboratory of the Year. Read more...

Illinois Real Estate Journal Comments (0)

Chicago Association of REALTORS® relocating to the REALTOR Building by year-end

April 27, 2016 The Chicago Association of REALTORS® and the National Association of REALTORS® offices will soon be under one roof. C.A.R will be relocating from its current space at 200 S. Michigan Ave., to the REALTOR® Building, 430 N. Michigan Ave., by December 2016. Read more...

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Earles Architects and Associates completes design of two suites on Michigan Avenue

April 27, 2016 Earles Architects and Associates have finished the design of two speculative suites on Chicago's Michigan Avenue. The spaces total nearly 11,000 square feet and the new design offers a mix of bold modern finishes – influenced by the building’s architect, Ludwig Mies van der Rohe—and contemporary Scandinavian design with a light airy feel. Read more...

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Bob Toland joins NorthMarq capital as vice president

April 27, 2016 Bob Toland has joined the Chicago regional office of NorthMarq Capital as vice president. His primary focus will be to structure and place debt and equity for clients seeking to acquire, refinance or develop commercial real estate properties. Read more...

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CenterPoint’s new 200,696-square-foot spec development in SE Wisconsin now ready for use

April 27, 2016 Development on a new 200,696-square-foot spec building within CenterPoint's LakeView Corporate Park is now complete in Pleasant Prairie, Wisconsin. Read more...

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CBRE partners up with the Chicago Cubs, together will host firm’s annual charity bash and more

April 27, 2016 The North Side can expect to see a lot more of CBRE, especially at the area's iconic ballpark. The firm announced it has formed a new partnership with the Chicago Cubs that includes CBRE's logo inside Wrigley Field in addition to a variety of joint events. Read more...

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Bernard Financial Group completes $12.5M finance for Hampton Plaza Shopping Center

April 27, 2016 Bernard Financial Group has closed a $12.48 million loan for the approximate 122,484-square-foot Hampton Plaza Shopping Center in Rochester Hills, Michigan. Read more...

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Despite bankruptcies and online disruption, U.S. shopping centers enjoy steady start to 2016

April 27, 2016 Higher rents and fewer empty spaces, that's what the owners of shopping centers across the United States are enjoying today. Cushman & Wakefield's first-quarter U.S. Shopping Center Snapshot shows that while shopping centers across the country aren't exactly enjoying boom times, they are at least holding steady in their ability to attract consumers who continue to grow more confident in the economy. Read more...

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