NGKF hires industry veteran as executive managing director

April 28, 2017 NGKF announced that Joe Arnstein joined the company as an executive managing director at the Chicago office. Read more...

Illinois Real Estate Journal, Midwest Real Estate News, News Comments (0)

JoAnn Fabrics to open larger store in Elkhart’s Concord Town Center

April 28, 2017 Triyar/Cannon Company and ConsortiumCRE brokerage firm recently announced updates on JoAnn Fabric’s relocation development plans at the new Concord Town Center, a $50 million mixed-used development in Elkhart, Indiana, which sits on 100 acres. Read more...

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Driverless cars, entertainment centers and panic rooms … the right combo for dying malls?

April 27, 2017 an driverless cars save struggling suburban shopping malls? Maybe … at least in part. These cars of the future might be one way technology can give a boost to malls, said Vishu Ramanathan, chief executive officer of Chicago-based commercial real estate tech company Buildout. Read more...

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Jewel-Osco plans to build new store in Woodlawn

April 26, 2017 Jewel-Osco will build a grocery store and drive-through pharmacy on the northwest corner of 61st Street and Cottage Grove Avenue in Chicago's Woodlawn neighborhood, Mayor Rahm Emanuel announced on Tuesday. Read more...

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Construction firm volunteers at Northern Illinois Food Bank

April 26, 2017 Peak Construction Corporation's PeakGiving Team volunteered at one of the Northern Illinois Food Bank's mobile pantry stops, the company announced Tuesday. Read more...

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Senior property manager with Lexington’s NAI Isaac marks more than two decades with company

April 25, 2017 Anne Kilcoyne, senior property manager with Lexington, Kentucky's NAI Isaac Commercial Properties, recently celebrated 21 years with the company. Read more...

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Block Real Estate Services acquires land for Frontier Justice attraction in Kansas

April 25, 2017 Block Real Estate Services, LLC has closed on the land acquisition for the development of Frontier Justice’s new two-story facility at the Legends Shopping Center in Kansas City, Kansas, near the Schlitterbahn Waterpark. Read more...

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Stan Johnson & Co. report: Single-tenant net-lease properties had second best year ever in 2016

April 25, 2017 The commercial real estate market is a busy one today. And few property types are generating as much activity as are single-tenant net-lease properties. Read more...

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LANE4 Property Group begins demolition work of Metcalf South mall in Kansas

April 25, 2017 LANE4 Property Group has begun construction and demolition work to replace the vacant Metcalf South Mall in Overland Park, Kansas. Read more...

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Friedman sells 13,000-square-foot retail building in Michigan

April 25, 2017 Friedman Integrated Real Estate Solutions recently sold a 13,500-square-foot multi-tenant investment retail building on 2.42 acres of land at 7066-7150 Sashabaw Road in Clarkston, Michigan. Read more...

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Block Real Estate Service’s Kenneth Block wins key honor from SIOR

April 24, 2017 Kenneth Block of Kansas City's Block Real Estate Services, LLC, was recently recognized by the Society of Industrial and Office Realtors® for his achievements in real estate transactions. Read more...

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Detroit’s Kraemer Design Group wins historic preservation award

April 24, 2017 Detroit-based Kraemer Design Group, PLC is a recipient of the 2017 Governor’s Award for Historic Preservation for its work on the East Main Redevelopment at 12-44 East Main in Milan, Michigan. Read more...

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Newmark Grubb Knight Frank opens Minneapolis office

April 24, 2017 Newmark Grubb Knight Frank has opened a new Minneapolis office led by two hires with a combined 50-plus years of experience in the industry, executive managing director Jim Damiani and senior managing director John McCarthy. Read more...

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Detroit Nike store built by Sachse Construction earns LEED Platinum status

April 22, 2017 Sachse Construction and NIKE, Inc. announced that the Detroit Nike Community Store is the first store in Detroit to earn a LEED Platinum Certification. Read more...

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Transwestern to manage 290,000 sqft of downtown Chicago properties

April 21, 2017 Transwestern was selected by Bentall Kennedy Limited Partnership, a Sun Life Investment Management company, to provide management services at two properties in Chicago's Loop. Read more...

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27.5-acre site in Lombard marked for residential, mixed-use development

April 21, 2017 Avison Young will market one of the largest continuous tracts of land available for development in Chicago's western suburbs. Read more...

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The Boulder Group closes sale of Dollar General in Iowa

April 21, 2017 The Boulder Group has completed the sale of a single-tenant new-construction Dollar General at 812 N. Walnut St. in Avoca, Iowa, for $1.213 million. Read more...

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Louisville still driving Kentucky’s economic fortunes

April 20, 2017 Kentucky has several important metro areas, with cities such as Lexington, Bowling Green and Covington serving as economic engines for the state. But today, no single metropolitan area is providing as big of a boost to the state as is Louisville. Read more...

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Walker & Dunlop closes $11 million loan for mixed-use property in Wisconsin

April 20, 2017 Walker & Dunlop recently closed an $11.85 million loan for Summit Center Marketplace, a mixed-use property with retail, office and medical spaces in Oconomowoc, Wisconsin. Read more...

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CBRE names senior transaction manager in Cincinnati office

April 19, 2017 Lisa Kennicott has been promoted to senior transaction manager at CBRE Group's Cincinnati office. Read more...

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