Archive | News

John Semenek joins PREMIER Design + Build Group as assistant superintendent

July 26, 2016 Semenek most recently worked for a leading construction company in Illinois as a carpentry foreman who was responsible for completing work that met the demands of his clients. Read more...

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JLL adds former Walmart executive to ReD platform

July 26, 2016 Powers joins JLL’s ReD experts who advise retailers on their distribution real estate strategies. His experience in site selection and negotiation will allow him to implement solutions that help clients achieve their supply chain, e-commerce and omni-channel operational goals. Read more...

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KBS Realty Advsiors announces new leases and renewal at Northland Center in Bloomington, Minnesota

July 26, 2016 KBS Realty Advisors announced the signing of three leases totaling 25,121 square feet at Northland Center, a Class A office property in Bloomington, Minnesota. Read more...

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Hackman Capital expands industrial footprint in Chicago’s north-side infill submarket

July 26, 2016 The buildings were acquired in a sale-leaseback transaction and total 195,436 square feet. Read more...

Chicago Industrial Properties, News Comments (0)

Hyundai moves into new Central U.S. Regional office in Oakbrook Terrace

July 26, 2016 he multinational automotive company recently completed its move into 18,044 square feet on the top floor of the five-story office building located at 2 Trans Am Plaza Drive. Read more...

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Principle Construction completes construction on two facilities for Saia LTL Freight

July 26, 2016 The two new buildings were completed from the ground up on 33 acres of land. The first building is a 51,000-square-foot 16’ clear height structure that features more than 100 truck dock locations and 9,560 square feet of office space. Read more...

Chicago Industrial Properties, News Comments (0)

HFF secures acquisition loan for five-property Chicagoland industrial portfolio

July 26, 2016 HFF worked on behalf of the borrower, Transwestern Investment Group, to place the five-year, fixed-rate loan with a life company. Read more...

Chicago Industrial Properties, News Comments (0)

Cherryman Industries expands and relocates Midwest distribution center to Aurora from Indianapolis

July 26, 2016 Los Angeles-based Cherryman Industries, a manufacturer of high-end environmentally-friendly office furniture, has relocated its Midwest distribution center to 2413 Prospect Drive in Aurora Illinois, from the Indianapolis market. Read more...

Chicago Industrial Properties, News Comments (0)

Second annual Net Lease Conference brings in the big names

July 26, 2016 Midwest Real Estate News held its second annual Net Lease Conference July 20 in Chicago. More than 160 net lease pros from around the country attended, all there to celebrate the continuing strength of the net lease business, in all sectors. Some of the biggest names in the net least industry shared their insights on why this part of the commercial real estate business continues to thrive. Read more...

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Stability and predictability in CRE? Property management offers them both

July 26, 2016 How important is a strong property management division for commercial real estate companies that want to continue to grow? Randel Waites, principal for property management with the Chicago office of Avison Young, says that it’s not only important, it’s critical. Read more...

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Construction on Federal Home Loan Bank headquarters now underway in Topeka

July 25, 2016 HOK teamed with Schwerdt Design Group on the design of the $30 million headquarters, which will accommodate approximately 220 employees and is expected to achieve Leadership in Energy and Environmental Design (LEED) Gold certification. Read more...

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CBRE promotes Cori McLain to managing director of asset services

July 25, 2016 Since joining CBRE in 2001, McLain has been providing advantage to clients and most recently served as the Director of Asset Services for the St. Louis office. Read more...

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J.C. Anderson completes Kraft Heinz lobby renovation, culinary kitchens relocation in Glenview

July 25, 2016 In the initial project, the firm was hired to complete the relocation of seven culinary test kitchens from Three Lakes Drive in Northfield, Illinois to the Kraft Heinz Glenview location. Read more...

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Development breaks ground on The Foundry in Kalamazoo, Michigan

July 25, 2016 A number of community partners and governmental leaders helped mark the occasion which included the unveiling of The Foundry’s logo and site plans and the announcement that CSM Group will be the project’s anchor tenant. Read more...

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Absorption levels soar in Indianapolis industrial market

July 25, 2016 The greater Indianapolis market absorbed more than 1.9 million square feet of industrial space in the second quarter of this year. If that sounds like a strong number, it is: Cushman & Wakefield, in its second-quarter industrial report, said that the Indianapolis industrial market saw its greatest level of occupancy gains in this quarter since the third quarter of 2014. Read more...

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Joseph Conn joins Ulmer & Berne’s Cincinnati office as counsel

July 24, 2016 Conn adds his significant experience in major retail leasing and real estate development to Ulmer & Berne’s sizable real estate practice. Read more...

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FitzGerald Associates Architects PC names three new equity partners

July 22, 2016 They join current partners Patrick FitzGerald, Michael DeRouin, and Richard Whitney as the firm’s ownership group. Read more...

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Lamar Companies promotes Frank Maresca to executive director of acquisitions

July 22, 2016 In his new role, Frank will be responsible for sourcing, analyzing and closing all company acquisitions across the United States. Read more...

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Erin Coupe joins CBRE as VP of Occupier Advisory & Transaction Services

July 22, 2016 Coupe joins CBRE from architecture firm Solomon Cordwell Buenz (SCB), where she was director of business development in the Chicago area. Read more...

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Savvy retailers letting Pokemon Go bring more foot traffic to their shops

July 22, 2016 Smart retailers take advantage of hot trends. Just look at the way some are having fun, and boosting foot traffic, with the Pokemon Go mobile game. Read more...

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