CRE N Illinois
Darwin Realty promotes Brendan Sheahan to vice president

Darwin Realty promotes Brendan Sheahan to vice president

Darwin Realty and Development Corporation announced that industrial associate Brendan J. Sheahan has recently been promoted to vice president. Sheahan’s expertise includes tenant and buyer representation, ownership representation and build-to-suit projects, as well as investment analysis, acquisition and disposition services. He is active in the Elgin-I-90 Corridor, Fox Valley and I-88 Industrial Corridor and has recently completed over 1.3 million square feet in transactions totaling more than $30 million in value.

CRE N Illinois
Commercial Real Estate Forecast interview: Geoffrey Kasselman

Commercial Real Estate Forecast interview: Geoffrey Kasselman

Fresh off his “tour” as global president of the Society of Industrial and Office Realtors (SIOR), Geoffrey Kasselman has been named as a panelist for one of the general sessions at the 16th Annual Commercial Real Estate Forecast Conference on Wednesday, January 17. In a preview of what are likely topics for that panel—E-Commerce: Fight It or Flaunt It—Kasselman, executive managing director, Newmark Knight Frank, answers a series of questions.

Healthcare N Illinois
Inland Real Estate Acquisitions, LLC closes on Elmhurst medical building

Inland Real Estate Acquisitions, LLC closes on Elmhurst medical building

Inland Real Estate Acquisitions, LLC has negotiated and closed the purchase of the Edward-Elmhurst Health Center, an approximately 13,000 square-foot medical office building located in Elmhurst, Illinois, approximately 20 miles west of Chicago. Mark Cosenza, senior vice president at Inland Real Estate Acquisitions, LLC, completed the deal, with assistance from Brett Smith, assistant vice president and associate counsel of The Inland Real Estate Group, LLC, law department, on behalf of an Inland affiliate.

CRE N Illinois
New SVP will co-lead Metro Commercial Real Estate’s Chicago office

New SVP will co-lead Metro Commercial Real Estate’s Chicago office

Reuben Rischall joins Metro Commercial Real Estate as a senior vice president, following five years with Iowa-based Buyers Realty Inc. He will co-lead the new Chicago office, located at 1332 N. Halsted Street in Chicago’s Lincoln Park neighborhood, with senior vice president Jonathan Hyman. Opening this month, the office will focus on urban transactions.

Industrial N Illinois
Fewer industrial projects started across Chicago in 2017

Fewer industrial projects started across Chicago in 2017

Chicago industrial construction starts have slowed down over the past year, according to a review by Colliers International. At the end of 2017, 8.9 million square feet of industrial space was under construction, the smallest amount in four years and only 41 percent of the 21.9 million square feet under construction at the end of 2016.

Office N Illinois
Connect globally. Apply it locally

Connect globally. Apply it locally

Meeting people through a global organization such as SIOR (Society of Industrial and Office Realtors) is more than just having someone to call for lunch when visiting town. Though these friendships are certainly priceless, having a professional network around the world that you can draw on for best practices and market expertise is the true value. Friends become business partners, and the relationships evolve into working on transactions.