Michelle Down joins Earles Architects and Associates as account executive

September 29, 2016 In the new position, she will assist clients with furniture selection, working with firms in the commercial real estate, financial services, retail, legal and related industries. Read more...

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American Street Capital announces new vice president at its Chicago office

September 29, 2016 Martin brings more than 11 years of loan origination and business development experience to ASC with a heavy focus on bridge debt and loan workouts in her prior position. Read more...

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Leopardo wraps construction on new Mariano’s-anchored retail development in Lakeview

September 29, 2016 Leopardo Companies completed a new 265,000-square-foot commercial development anchored by Mariano’s Fresh Market at 3030 N. Broadway in Chicago’s Lakeview neighborhood. Read more...

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Border wars continue – and Illinois isn’t winning

September 29, 2016 It’s little secret to commercial real estate pros who do business near the Illinois/Wisconsin border: There’s a war going on between the states to attract new industrial projects. It’s no secret, either, which side is winning most of these battles. Read more...

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Construction begins on new athletic and academic facility in Chicago’s Washington Park neighborhood

September 28, 2016 Construction is officially underway at XS Tennis Village, a state-of-the-art athletic and academic facility in Chicago’s Washington Park neighborhood. Read more...

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Spanish investor acquires Chicago office building for $72 million

September 28, 2016 Located in the heart of Chicago’s financial district, adjacent to the iconic Chase Tower, 20 South Clark Street rises 30 stories tall and has 400,000 rentable square feet. Read more...

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Tribune Media finalizes sale of Tribune Tower

September 28, 2016 The property, which includes the Tribune Tower and a surface parking lot, is currently zoned for a mix of uses that includes office, hotel, residential and retail. Read more...

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Loft office building in Chicago’s River West neighborhood sells for $24M

September 27, 2016 A local investor is cashing in after selling a property in the city for double the amount it originally acquired it for just two years ago. Read more...

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Low vacancy, high demand: The factors keeping industrial cap rates strong in Chicago

September 27, 2016 In the latest CBRE North America Cap Rate Survey, the firm found that cap rates for Class A industrial properties sit between 4.75 percent and 5.5 percent--a decrease from 2015, and just below the national average of 5.5 percent. Read more...

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Big changes bring big activity to healthcare market

September 27, 2016 When Bob Titzer looks at the healthcare real estate market in Chicago and across the Midwest, he sees plenty of activity. Hospitals are building new medical office buildings in urban areas and suburbs. Developers are expanding existing hospitals. And medical groups are opening ever more free-standing clinics and emergency rooms. But what is behind all this activity? Titzer, executive vice president of HSA PrimeCare, points to one factor: change. Read more...

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Thriving as a brick-and-mortar retailer today? It’s all about creating experiences

September 26, 2016 Chad Firsel doesn’t hesitate when asked what makes for a successful brick-and-mortar retailer today: Those retailers that are thriving are offering experiences, ones that can’t be duplicated online. Read more...

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See how CRE firms are making an impact on Chicago’s South Side

September 23, 2016 In response to the need for more affordable housing, Chicago commercial real estate professionals have stepped in to help build homes for families on the city's South Side. Read more...

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Guest post: Protecting yourself in a sublease or assignment

September 23, 2016 Tech companies have been growing and hiring at a very quick pace for several years now. These companies have been growing at such a speed that they have become a significant percentage of the new office leases in markets such as downtown Chicago. Read more...

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Wilson Sporting Goods relocating headquarters and 400 team members to downtown Chicago

September 21, 2016 Wilson Sporting Goods Co. has joined the corporate office migration to downtown Chicago. The company announced Sept. 20 that it will be relocating its global headquarters--and 400 employees--to the Prudential Plaza building by late 2017. Read more...

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Intersect Illinois expands its leadership team

September 15, 2016 Intersect Illinois announced that it is adding new team members as it continues to grow as the state’s private economic development partner. Read more...

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RevPAR for the course – Midwest hospitality market strong, but tougher times might be ahead

September 15, 2016 The hotel landscape across the region—as it is across much of the nation—is as strong as it has ever been. That is not hyperbole, either: Demand is up to near record levels, and demand in July was so robust that the month came in as the second best month on record. Read more...

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Berkadia’s Blechschmidt: Few concerns about overbuilding in the apartment market

September 14, 2016 Midwest Real Estate News recently spoke with Chris Blechschmidt, general manager in the Chicago office of Berkadia, about the strength of the Midwest apartment market and the strengths that borrowers have to display when seeking financing for multifamily deals. Here's some of what he had to say. Read more...

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Apartment construction to hit 10-year high in 2016

September 12, 2016 Developers are expected to add more apartment units across the United States this year than they have in the last decade, according to new research from RENTCafe. Read more...

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Cushman & Wakefield secures Avison Young industrial team

September 09, 2016 Keith Puritz and Brett Kroner will serve as executive directors, Eric Fischer will serve as senior director, and Michael Scadron and Marc Samuels will serve as associates. Read more...

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Real estate professionals tee-up to benefit Lake County no-kill animal shelter

September 08, 2016 Save-A-Pet is one of the largest no kill shelter for dogs and cats in Lake County. It boasts the top rating on Charity Navigator and has rescued over 60,000 animals since its inception in 1972. Read more...

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