CRE N Illinois
CRE Future Leaders: Jeff Provenza

CRE Future Leaders: Jeff Provenza

As part of our series, CRE Future Leaders, we caught up with Jeffrey J. Provenza, vice president of Darwin Realty, where he offers a full range of brokerage services, including tenant/buyer/ownership representation, build-to-suit projects, site acquisitions and investment deals. His primary area of concentration is the O’Hare market.

CRE N Illinois
2.46-acre Fulton Market land portfolio up for sale

2.46-acre Fulton Market land portfolio up for sale

A four-parcel land portfolio totalling 2.46 acres has gone on the market in the Fulton Market neighborhood of Chicago. The premier land portfolio, being shopped around by JLL as a development opportunity, represents the biggest offering of the past year in one of the country’s most sought-after neighborhoods

Multifamily N Illinois
River North condo building 56 W. Huron tops out

River North condo building 56 W. Huron tops out

Chicago-based Gilbane Building Company recently topped out the 56 W. Huron Condo project in Chicago’s River North neighborhood. A ceremony for this high-profile residential project was attended by representatives from Kiferbaum Development Group, Gilbane and subcontractor partners. The event took place on the project site with a beam signing ceremony to commemorate the special occasion.

Legal N Illinois
Five ways to avoid a commercial lease dispute

Five ways to avoid a commercial lease dispute

Rent is one the largest recurring expenses for many businesses. As a result, disputes about commercial leases pose the potential to have significant impacts on businesses. And commercial lease disputes can hurt the land owner or property manager too. For example, from the owner’s side, conflict about a lease can tie up property while halting or delaying receipt of revenue. The point is that disputes are costly and distracting for both sides.

Industrial N Illinois
HSA Commercial sells 218,500 SF warehouse in Lake County

HSA Commercial sells 218,500 SF warehouse in Lake County

Chicago-based HSA Commercial Real Estate announced the completed sale of a 218,500-square-foot industrial building in the Delany Commerce Center—a multi-phase, 22.7-acre development east of the Tri-State Tollway in Waukegan, Illinois. The firm developed the distribution center in 2013 in partnership with Washington Capital Management Inc. and recently sold the building to a private investor.