Innovation and technology mitigate impact of rising construction costs

January 18, 2017 The cost of new development is rising in the Chicago area and across the country, driven in part by increasing labor costs and risk-adverse lenders. On the plus side, construction firms are getting better at using technology and lean processes to save time and money while improving the quality of projects. Read more...

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‘Real estate is art’ for Chicago real estate veteran Nikitas of Avison Young

January 17, 2017 Danny Nikitas has been a long-standing fixture within the Chicago real estate market. Now, set to speak at Real Estate Publishing Group's 15th Annual Commercial Real Estate Forecast Conference on Wednesday, Nikitas reflects on how he first got started and where his career has taken him. Read more...

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The Habitat Company gains managerial rights to 4 Chicagoland properties totaling nearly 1,000 units

January 16, 2017 The Habitat Company acquired the management rights for four properties -- three in Chicago and one in Prospect Heights, Illinois. The condominium properties complete a 30 percent bump in its management portfolio over the last five months. Read more...

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Northwest Indiana’s industrial boom only expected to continue, despite low supply

January 13, 2017 Northwest Indiana is experiencing a boom in interest in industrial properties located in the five-county region that has historically been a refuge for businesses seeking out the Chicagoland market, without the costs. Read more...

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MB Real Estate names new appointees for Executive Committee

January 13, 2017 MB Real Estate appointed four senior and executive staff members to its executive committee, working toward developing the firm's future direction. Read more...

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Interra Realty closes deals for two North-side multifamily properties, sold in total for $2.7M

January 12, 2017 Interra Realty helped facilitate the purchase and sale of two North side multifamily properties, one in Rogers Park and the other in Belmont Cragin, for a total of $2.7 million. Read more...

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Waterton Co-Founder Vilim set to shift into ‘semi-retirement’ as vice chairman

January 12, 2017 Waterton Co-Founder Peter Vilim is set to begin "semi-retirement," as he shifts from co-chairman to vice chairman as a part of a transition program started in 2012. Read more...

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Marcus & Millichap sells Harvard, Illinois Advance Auto Parts in $1.43M deal

January 12, 2017 Marcus & Millichap sold a Harvard, Illinois-based Advance Auto Parts in a $1.43 million deal, the company said Wednesday. Read more...

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Jason West: A fan of the entrepreneurial life

January 12, 2017 Jason West, executive managing director of brokerage services with the Rosemont, Illinois, office of Cushman & Wakefield, has worked in commercial real estate for more than two decades. And like others, he was drawn to this business by the entrepreneurial nature of it. Read more...

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U-Haul opens two new self-storage facilities in Chicago’s western suburbs

January 11, 2017 U-Haul opened two new self-storage facilities, in Elgin and Streamwood, as it hopes to tap a "huge customer base." Read more...

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SVN International represents buyer in purchases of Chicago Dollar Tree, Indiana Dollar General

January 11, 2017 SVN International assisted in the acquisitions of two dollar store locations, one located in Chicago and the other in Lake Station, Indiana. Read more...

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Perseverance, hard work continue to lead Foresite’s Hadac to success

January 11, 2017 After a nearly 20-year career, Jamie Hadac has earned her keep as executive vice president at Foresite Realty Partners in Chicago. But the road there from the University of Delaware wasn't always the easiest. Read more...

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CBRE assists Venture One in sale of Chicago Stockyard business park industrial building

January 11, 2017 CBRE assisted Venture One Real Estate in selling a 74,997-square-foot industrial building located in Chicago's Stockyards business park. Read more...

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CBRE helps in $12.75-million sale of Schaumburg, Illinois-based office campus

January 11, 2017 CBRE's Chicago office assisted in the sale of a single-story, three-building property located in Schaumburg, Illinois, to Sperry Equities, LLC, for $12.75 million. Read more...

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Space shortages make life challenging in industrial market

January 11, 2017 How are smaller users dealing with the shortage of available space in in the industrial market? Guest writer Mike Antonelli of Brown Commercial Group takes a look. Read more...

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Industrial market takes center stage at 15th Annual Forecast Conference

January 10, 2017 As 2017 hits its groove, the industrial real estate space is preparing for a big year. But how good can it get? Find out at Real Estate Publishing Group's 15th Annual Commercial Real Estate Conference on Jan. 18. Read more...

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Magellan Development prepares to open 298-unit, ‘smart living’ apartment building in River North

January 10, 2017 Magellan Development plans to open its 298-unit, 34-story apartment tower, out of Chicago's River North neighborhood, on Sunday, Jan. 15. Read more...

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Building Owners and Managers Association of Suburban Chicago elects new board, officers

January 10, 2017 The Building Owners and Managers Assocations of Suburban Chicago elected new and returning directors and board of directors members, the group said Friday. Read more...

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MB Real Estate completes deal for food delivery startup’s River North office, production facility

January 09, 2017 MB Real Estate assisted in the closing of an 8,000-square-feet, River North-based location that is soon to be the home of a food delivery company, specifically designed for children. Read more...

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J.C. Anderson completes phased office renovation at 500 West Monroe

January 09, 2017 J.C. Anderson completed its phased office renovation of 500 West Monroe for Piedmont Office Realty Trust, the company said Friday. Read more...

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