CRE N Illinois
CRE Future Leaders: Diana Wright

CRE Future Leaders: Diana Wright

As part of our series, CRE Future Leaders, we caught up with Diana Wright, associate at Dubin Singer, P.C., where she specializes in facilitating commercial real estate transactions with a focus on single- and multi-parcel assemblage acquisitions, dispositions, financing and leasing for national retail developers. She has extensive project experience in the Midwest and has consummated millions of square feet of retrofit and build-to-suit transactions throughout the country.

Office N Illinois
Publicis expands lease in Leo Burnett Building, will now occupy 681k SF

Publicis expands lease in Leo Burnett Building, will now occupy 681k SF

CBRE represented the owner of 35 W. Wacker Drive, an investor account advised by the U.S. real estate business of UBS Asset Management, in the extension and expansion of a lease for Paris-based media firm Publicis, which will now occupy 681,545 square feet at the marquee property in Chicago. Known as the “Leo Burnett Building,” the property will now be 100 percent leased with this transaction.

CRE N Illinois
Donna Gaines;Gaines International

Donna Gaines returns to Gaines International

Gaines International announced that founder Donna Gaines has returned as managing partner to lead the Chicago-based global search firm. Gaines International is an executive search and recruiting firm serving the architecture, interior design, engineering, construction and real estate development industries. The firm was acquired by Houston-based Allen Austin in 2014, which maintains regional offices across the country.

CRE N Illinois
Matt Wright;Bradford Allen

Bradford Allen promotes Matt Wright to director

Jeffrey A. Bernstein and Laurence B. Elbaum, co-founders of Bradford Allen, announced that Matt Wright has been promoted to director. Wright, formerly an associate with the firm, joined Bradford Allen in 2014 and is a member of both the downtown Chicago tenant representation and landlord representation leasing teams.

Office N Illinois
Servcorp coworking space inside Chicago’s new River Point tower.

Sustainability requires us to (co)work together

One of the central tenets of green building is the conservation of finite resources. One resource that’s often overlooked but certainly worth conserving is physical space. Efforts to reduce the amount of space we use coincides with a growing trend in commercial real estate: coworking facilities.

Office N Illinois
When Skender designed their own new offices, they included tech-infused collaboration spaces, multipurpose rooms that connect to adjacent spaces via overhead doors and other unique spaces that create a cooperative environment.

Borrow from the best: workplace ideas from tech HQs

Technology companies are widely thought of as cool places to work, not just because of what they do, but because of the spaces where they work. Employees in other industries have long envied those spaces—and now, management is on board. In Chicago alone, heritage companies such as Kraft Heinz, Conagra Brands and Morton Salt are creating new headquarters that look more like startup space, rather than the offices of a well-established major corporation.

Industrial N Illinois
Lee & Associates negotiates long-term, 132k SF lease

Lee & Associates negotiates long-term, 132k SF lease

National real estate brokerage Lee & Associates has closed a long-term lease transaction for a 132,538-square-foot industrial unit located at 220-250 Thorndale Avenue in Bensenville, Illinois. Chris Nelson, principal of Lee & Associates’ Illinois office, represented the tenant, Savino Del Bene, a global logistics and forwarding company.

Office N Illinois
Kaufman Hall expands Chicago-area presence with new Loop office

Kaufman Hall expands Chicago-area presence with new Loop office

Kaufman Hall, a provider of financial and capital advisory services to the healthcare sector, is expanding its Chicago-area presence with a new office in downtown Chicago. The company leased 14,118 square feet at 10 S. Wacker Drive in the CME Center. Kaufman Hall’s corporate headquarters will remain in Skokie, Illinois, where it has been located since 2005.

Industrial N Illinois
Uline’s new, 417,384-square-foot, spec facility in Pleasant Prairie, Wisconsin.

Chicago industrial market grows in Colliers Q1 2018 report

Key submarkets in the Chicago industrial market continue to surge ahead. According to Colliers International’s research, the Chicago metro area as a whole had new leases and lease expansions of 6.9 million square of during the first quarter of 2018. The 4.5 million square feet of total net absorption is the strongest first quarter tally since 2016.