Archive | Illinois Real Estate Journal

NAI Hiffman represents Old second National Bank in sale of 7,271 SF office building

July 28, 2014 NAI Hiffman represented Old Second National Bank in the sale of Ogden Professional Center to Q1 Technologies, Inc. Read more...

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Dermody Properties hires new SVP of finance

July 28, 2014 Casey Kreck is a new senior vice president of finance for Dermody Properties. He will work with chief financial officer Doug Lanning. Read more...

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The local advantage: While national brands aren’t always the best choice for commercial lending

July 28, 2014 As the economic recovery marches on, many small commercial real estate owners in the Chicago market are beginning to see a light at the end of the tunnel. National, regional and local tenants are increasingly filling vacancies in retail centers, office buildings and industrial parks that suffered during the Great Recession. Many municipalities are now eager to partner with local owners, recognizing the untapped potential in these developments to cater to area demands, create jobs and generate revenue. Read more...

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The Illinois Medical District’s Gateway Center to break ground next spring

July 25, 2014 The Illinois Medical District Commission is finally moving forward on its development of the IMD Gateway Center. Read more...

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Cullinan Properties, Ltd. promotes Scott Bishop and Mike Weaver

July 25, 2014 Cullinan Properties, Ltd. has promoted Scott Bishop to vice president of asset management, and expands Michael Weaver's role to vice president of legal & single asset development. Read more...

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The Missner Group and Baker Development team up for a build-to-suit in Chicago for First Ascent

July 25, 2014 The Missner Group, LLC and joint-venture partner, Baker Development Corporation (BDC), announced the development of a new, 20,000 square foot fitness facility for First Ascent at 3500 N. Spaulding in Chicago. Read more...

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Marcus & Millichap arranges the sale of a 3,500 SF net-leased property

July 25, 2014 Marcus & Millichap announced the sale of McDonald's Ground Lease, a 3,500 square-foot net-leased property located in Eminence, KY. Read more...

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J.C. Anderson, Inc. to complete 25,000 SF office build-out in West Loop

July 25, 2014 J.C. Anderson, Inc. announced that the firm has been selected to complete an office build-out for Tishman Speyer, the property manager, at 227 W. Monroe Street (The Franklin) in Chicago. Read more...

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Urban Innovations Scilingo: Chicago’s a fantastic city from a real estate perspective

July 25, 2014 In an interview with Illinois Real Estate journal, Urban Innovations president, Mike Scilingo, shared his passion for his hometown and career, as well as current updates in commercial real estate. here's what he had to say. Read more...

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Four tenants sign leases totalling more than 34,000 SF at 300 South Wacker

July 24, 2014 Three companies, Swoon Technology Resources, NextGen Global Resources and Ironshore Inc., have all signed new leases that will expand their footprint at Chicago’s 300 South Wacker Drive. Read more...

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