Archive | Illinois Real Estate Journal

IREJ’s 2nd Annual Clink! Summer Toast attendees soak up warm weather on Tanta’s rooftop, refresh over cocktails

July 31, 2015 Tanta's rooftop sizzled Thursday evening at Illinois Real Estate Journal's 2nd Annual Clink! Summer Toast, which celebrates women in commercial real estate, on June 30th, held at River North's hottest new rooftop restaurant. Read more...

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Jim McShane shares his thoughts on the next generation of leaders

July 31, 2015 Back when Jim McShane entered the business world, real estate consisted of working in all departments. Hired right out of college in 1968, he began his career working for Rauenhorst Construction Co., now known as Opus Group, as a structural engineer. After settling with the company in Minneapolis, McShane was doing more than designing— he did construction, net leases and spec buildings, too. Read more...

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The Modal Group, Taurus Realty Partners merge to form Taurus Modal Group

July 31, 2015 Two of Chicago’s growing brokerage firms, The Modal Group and Taurus Realty Partners have merged to form Taurus Modal Group. The firm’s senior brokers Daniel Smolensky SIOR, Marat Safir and Andrew Corken, SIOR bring over 60 years of combined experience in advising tenants and buyers in their corporate real estate decisions. Smolensky and Safir will serve as executive directors of the new firm. Read more...

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Wight & Company promotes Matthew Duggan to vice president

July 31, 2015 Wight & Company has announced that Matthew Duggan has been promoted to vice president within the firm’s design group. Duggan previously served as corporate market manager for the group and will continue in that role. He first joined the team at Wight & Company in 2006. Read more...

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BOMA/Suburban Chicago appoints new executive director

July 31, 2015 Michael Mulcrone has been appointed executive director to lead the Building Owners and Managers Association of Suburban Chicago. Read more...

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Why you shouldn’t worry (yet) that developers are bringing too many apartment units to your city

July 31, 2015 It's common knowledge that the multifamily market remains a hot one across the Midwest and the nation. But sometimes it helps to look at the numbers to see just how strong this commercial sector is. Read more...

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GLP leases 475,000 square feet of distribution space in Joliet, Illinois

July 30, 2015 Global Logistic Properties Limited (GLP) has leased 475,000 square feet to a leading global retailer in Greater Chicago, US. The customer will use the facilities to enhance its distribution capabilities in Midwest US. Read more...

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Marcus & Millichap arranges sale of net-leased medical property

July 30, 2015 Marcus & Millichap announced the sale of Elmhurst Memorial Medical, a 6,780-square foot net-leased property located in Elmhurst, Illinois, according to Steven D. Weinstock, First Vice President / Regional Manager of the firm’s Chicago Oak Brook office. The asset sold for $1,980,000. Read more...

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Williams & Williams to auction 26 former Circle K stores throughout Midwest

July 30, 2015 Real estate auction firm Williams & Williams will auction 26 former Circle K stores in four Midwestern states in August. Read more...

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Bradford Allen completes six transactions in Chicago’s River North

July 29, 2015 Laurence Elbaum, principal and co-founder at Bradford Allen, announced that Craig Nadborne, senior managing director, has completed six lease transactions at 520 W. Erie Street in Chicago. Read more...

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