January 19, 2012 Prime Group Realty Trust has announced that Latham & Watkins LLP has executed a lease agreement and will relocate its Chicago office to 330 N. Wabash Ave. on or about April 2014. Read more...
December 30, 2011 Lee & Associates has announced the completion of several deals during the final quarter of 2011 in the Chicago area. Read more...
December 06, 2011 Lee & Associates has announced the following transactions in its Chicago office. The firm has recently completed more than 328,000 square feet of industrial transactions. Read more...
November 29, 2011 Invesco Real Estate recently selected CB Richard Ellis as the service provider to oversee property management services for two of the company’s assets in Johnson County, Kansas: Hawthorne Plaza, a 145,000-square-foot retail center located in Overland Park, Kan., and Cross Roads Industrial, a 175,000-square-foot distribution center located in Lenexa, Kan. Read more...
November 21, 2011 Edward Don & Company has broken ground on a 20-acre parcel at the Union Pointe business park for the construction of its new 362,500-square-foot corporate headquarters and logistics center. The new build-to-suit will be located at the recently launched Union Pointe business park, situated at the intersection of I-355 and I-55 in Woodridge, Illinois that is being co-developed by McShane Development Company and Gallagher and Henry. Read more...
October 31, 2011 Duke Realty Corporation’s Chicago office has announced that the company recently acquired a nine-building industrial portfolio totaling 1,787,746 square feet, with 84 percent or 1,498,449 square feet in eight buildings in Chicago-area submarkets. Read more...
October 10, 2011 Jones Lang LaSalle has completed the sale of the 575,024-square-foot Speedway Logistics Center in Joliet to the Oakbrook Terrace-based investment firm Molto Capital LLC. The seller was an institutional real estate investment group. Read more...
October 05, 2011 Woodland Prime, a property managed by CBRE, Inc., was recently recognized with the Outstanding Building of the Year award (TOBY award) in the category Suburban Low-Rise Office Park by the Building Owners and Managers Association (BOMA) of Wisconsin. Read more...
September 26, 2011 Midwest Real Estate News regularly profiles successful commercial brokers. This time we take a look at the nearly 25-year career of Jack Durburg, president of the central division of CB Richard Ellis. From his office in Chicago, Durburg explained just how much, and why, he enjoys the commercial real estate business. Read more...
September 07, 2011 Thermos L.L.C. has signed a long-term lease to relocate its international headquarters from Meadows Corporate Center, in Rolling Meadows, to 21, 081 square feet at 475 N. Martingale Road, in the 425/475 Woodfield Corporate Center office development in Schaumburg, Ill. Read more...