Industrial p Tennessee Avison Young: Developers not shying away from spec industrial in Nashville Nashville’s industrial market is showing no signs of a slowdown, with a recent report from Avison Young showing 3.9 million square feet of construction now underway in this busy market.
CRE i Ohio Columbus 2020's Huddle: Labor, diverse economy keep Columbus humming Patty Huddle knows just how strong the Columbus, Ohio, CRE market is today. She’s the senior vice president of economic development for Columbus 2020, an economic development organization for the 11-county Columbus region.
CRE Midwest New Opportunity Zone regulations may divert some funds from real estate The U.S. Treasury has disclosed its highly anticipated Opportunity Zone regulations. The new guidelines are intended to give greater tolerances to Qualified Opportunity Funds (QOF) with more flexible timelines, though they could divert some funding away from real estate and toward business ventures.
CRE N Illinois A virtual revolution: How VR can enhance design, for architect and client Like flying cars and jetpacks, virtual reality (VR) is a technology that languished for years between promise and delivery. While the majority of us still commute in ground-based vehicles, the commercial viability of VR is finally here. And architects have been quick to adopt it.
Join us June 27, 2019 5th Annual Cleveland Commercial Real Estate Summit Windows on the River2000 Sycamore StCleveland, OH More Information & Registration
Office N Illinois More Post Office space leased out, this time to two Kroger subsidiaries Meal-kit firm Home Chef and analytics company 84.51° have signed leases to move into Chicago’s Old Post Office. The two companies, both owned by the The Kroger Co. grocery chain, plan to move a combined 300-plus employees into the building over the next few years.
Retail v Wisconsin Barry Company sells big plot of land near Wisconsin Amazon facility The Barry Company recently sold a parcel of land at the intersection of Highway-142 and Interstate-94 in Kenosha, Wisconsin.
Multifamily N Illinois Pre-sales begin at newest Lakeshore East multifamily development, Cirrus Lendlease Development and co-developer Magellan Development Group have started pre-sales for Cirrus, a 47-story, 363-unit luxury condominium tower at 211 N. Harbor Drive, along Chicago’s lakefront in the Lakeshore East community. Scheduled to begin construction this summer, with first deliveries in fall 2021, Cirrus is part of a three-tower addition that represents one of the final phases of the Lakeshore East master plan.
Industrial V Michigan Vision Real Estate starts construction on Axis Business Center Vision Real Estate Investment broke ground April 17 on the Axis Business Center at 6030 Clyde Park Ave. in Byron, Michigan, in the Grand Rapids area. Vision Real Estate Investment expects the building, located near the highway intersection of M-6 and US-131, to be complete by September of 2019.
Hospitality i Ohio Marcus & Millichap sells Holiday Inn in Dayton Marcus & Millichap sold the Holiday Inn Express & Suites Dayton- Huber Heights, a 65-room hospitality property in Dayton, Ohio. The asset sold for $5.95 million.
CRE N Illinois Eisenberg Foundation names winner in Midwest Real Estate Challenge On Saturday, April 6 at the Standard Club, student groups from eight universities competed at the ninth annual Harold E. Eisenberg Foundation Real Estate Challenge for top honors and $10,000 in scholarships. Marquette University’s proposal, The Connect: a revitalization of life and play in Chicago Ridge, impressed the judges, along with the University of Illinois at Urbana-Champaign Graduate team’s Ridge North development.
Retail N Illinois Luxury rental tower Optima Signature welcomes Egg Harbor Cafe Optima Signature, a 57-story, 490-unit luxury apartment tower just east of Chicago’s Magnificent Mile, has signed a lease with Egg Harbor Café, a restaurant specializing in breakfast, brunch and lunch with 20 locations in Illinois, Wisconsin and Georgia. Expected to open in fall 2019, it will be the first downtown Chicago location for the brand.
Office N Illinois Friedman Real Estate expands their Chicagoland footprint Friedman Real Estate was awarded the management and leasing of Corporate Lakes III, an institutional-quality office building located at 2200 Cabot Drive in Lisle, Illinois. Totaling 124,327 square feet across four floors, several of the spaces are turnkey ready, including ready-to-use office furniture.
Multifamily L Iowa Iowa's R&R Realty Group earns apartment association honors West Des Moines, Iowa-based R&R Realty Group’s apartment teams took home awards in six categories at the 2019 Pinnacle of Excellence Awards held last Friday. These categories included:
Office v Wisconsin Founders 3 helps bring temp agency to Milwaukee-area community Founders 3 Real Estate Services recently closed several transactions in the Milwaukee area, including a 1,805-square-foot lease for Fare Temps at 411 N. Grand Ave. in Waukesha, Wisconsin.