CRE N Illinois Beyond the basic food groups: Three niche property types becoming the darlings of the late-stage real estate cycle If the threat of a recession is clouding your investment outlook these days, you aren’t alone. The inverted yield curve has many investors looking for safe opportunities as the possibility of a downturn looms larger. In search of safe investment havens, they are finding opportunities in some unusual deal types.
Office Midwest CBRE report: Coworking space grabbing bigger share of office market The amount of flexible office space – sometimes known as coworking office space – continues to grow both across the nation and in key Midwest markets, according to the latest research from CBRE.
CRE N Illinois The guiding principles to enduring success in the real estate industry Real estate can be a fickle and bruising industry. So what does it take to build a successful, long-term construction and project management business?
Industrial v Wisconsin Finding available land? That's the big challenge for industrial users The biggest problem in the the Milwaukee industrial market? It’s not vacancy rates. Those are low. And it’s not net absorption, either. That’s high. And rents? Those are on the rise here, too.
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CRE W Minnesota Kraus-Anderson finishes construction of Minnesota elementary school Kraus-Anderson has completed construction on Island Lake Elementary School for Mounds View Public Schools. Island Lake Elementary is located at 3555 Victoria Street N. in Shoreview, Minnesota.
Seniors Housing N Illinois Senior Lifestyle Corporation breaks ground on the Sheridan at Oak Brook Senior Lifestyle Corporation, an owner, operator and developer of senior living communities, and Kaufman Jacobs, a Chicago-based, privately held real estate investment firm, have begun construction on The Sheridan at Oak Brook. The project, which is the fourth joint venture development between Senior Lifestyle and Kaufman Jacobs, has a target opening of early 2021.
Retail V Michigan NAI Wisinski finds new home for cofee shop near Grand Rapids Todd Leinberger of NAI Wisinski of West Michigan assisted Full Circle Coffee in securing a 2,495-square-foot location at 8233 Byron Center Ave., Suite P, in Byron Center, Michigan.
Office N Illinois Tishman Speyer to break ground on Fulton Market office project Tishman Speyer and co-developer Mark Goodman & Associates, Inc. will break ground next week on 320 N. Sangamon, a 13-story, 270,000-square-foot office tower in Chicago’s Fulton Market District. First move-ins are slated for the first quarter of 2021.
Office X Missouri Copaken Brooks, Square Deal purchase former KC board of education building An investment group including principals of Copaken Brooks and Square Deal Investments purchased the former Kansas City Public LIbrary and Board of Education Building at 1211 McGree St. in downtown Kansas City, Missouri.
Multifamily N Illinois SVN Chicago closes three consecutive deals in Pilsen The Cawthon-Labriola Group of SVN Chicago Commercial closed on a trio of properties in the Pilsen Neighborhood on September 17, 2019. A total of 21 units and a combined sales price of $2,750,000 was achieved between three separate transactions.
CRE X Missouri Kwame Foundation raises more than $50,000 at annual golf outing The Kwame Foundation, the non-profitable charitable organization run by St. Louis-based Kwame Building Group, raised more than $50,000 at its 16th annual golf tournament at Top Golf in Chesterfield, Missouri, on Aug. 29.
Office N Illinois Shapack nets record sale in Fulton Market Shapack Partners has sold 811 W. Fulton Market to Boston-based Intercontinental Real Estate for $50.3 million. The sale price equates to $775 per rentable square, surpassing the previous record in Chicago of $734 that the RxBar headquarters at 412 N. Wells Street in River North achieved earlier this year.
Industrial N Illinois Venture One acquires Gurnee industrial property Venture One Real Estate—through its acquisition fund, VK Industrial IV, LP, a partnership between Venture One and Kovitz Investment Group—has closed on the acquisition of a 265,644-square-foot industrial building located at 605 Tri State Parkway in Gurnee, Illinois. The property was vacant at acquisition.
Office N Illinois The Shuman opens for business, bringing urban office vibe to the suburbs Franklin Partners has officially opened the doors of The Shuman, a socially activated office building that brings urban vibes to a suburban location. Located at 263 Shuman Boulevard in Naperville, Illinois, The Shuman features an extensive amenity floor to deliver a comprehensive workplace experience outside of Chicago’s central business district. The newly redeveloped, 350,000-square-foot office building welcomed its first tenant on September 10.