CRE N Illinois On the Corner: Clark & Washington The story begins in a basement at the corner of Clark and Washington. Even better, in the Torrens Vault of the Cook County Building. The vault is tantalizingly archaic and contains thousands of handwritten corner stories going all the way back to the beginning. Lines and lines which once passed as everyday penmanship now to us post-millennials resemble royal calligraphy.
CRE N Illinois Chicago: Major player, second city or a mix of both? LaTonya Ellis asked the big question during this month’s 18th annual Commercial Real Estate Forecast Conference: Is Chicago, the Midwest’s biggest city, still a major player in the commercial real estate world? Or does the city instead live up to its nickname as a second city, a lesser cog in the world of investment and development?
Multifamily N Illinois Five winter don'ts for multifamily property managers From frigid temperatures and piles of snow to burst pipes and icy sidewalks, danger can lurk around every corner of a Chicago apartment property during winter. But, with some advance planning and a focus on prevention, property managers can get through the winter season without incident.
CRE O Indiana Krieg DeVault's Adams: Plenty of good happening in Indy ... and its suburbs David Adams knows the Indianapolis market. He’s a partner with the Real Estate and Environmental and Commercial Real Estate Lending practice groups at the Indianapolis office of law firm Krieg DeVault. In this role, he represents banks, lending institutions, developers, landlords and tenants.
Join us February 20, 2020 1st Annual Women in Real Estate Summit The Ivy Room12 E Ohio StChicago, IL More Information & Registration
CRE N Illinois Women's march shines light on diversity in CRE When hundreds of thousands of people pack into Chicago’s Grant Park on Saturday, January 18 as part of Women’s March 2020, the supporters will be stumping several progressive issues, including climate change, gun violence prevention and women’s health rights and access. Another vocal message, however, will be a call for more diversity in the hiring practices of CRE firms and the wider business community.
Multifamily X Missouri CBRE closes sale of two multifamily properties in Kansas City area CBRE has arranged the sale of two Class-A multifamily properties in suburban Kansas City totaling $104 million in consideration. Copper Ridge Apartments (292 units) and Brighton Creek Apartments (306 units) sold in separate transactions to buyers each making their initial entry into the Kansas City market.
Retail N Illinois Puttshack signs lease at Oakbrook Center Puttshack, an upscale, tech-infused mini golf experience, has signed a lease at Oakbrook Center, Brookfield Properties’ shopping and entertainment center in Oak Brook, Illinois. Puttshack Oak Brook is currently slated to open in late 2020.
Finance o S Dakota NorthMarq secures financing for seven multifamily buildings in Sioux Falls Brett Hood, senior vice president of NorthMarq’s Chicago-based regional office, secured $35.384 million in combined agency debt facilitating the acquisition of seven independent multifamily properties all located within the city limits of Sioux Falls, South Dakota.
Office N Illinois Recently completed Loop mid-rise welcomes first tenant, FIRMSPACE Austin-based shared office provider, FIRMSPACE, signed a 15-year lease for the top three floors of 145 S. Wells Street in Chicago’s Loop. The lease—secured by JLL on behalf of the developer, Moceri + Roszak—kicks off the 20-story, new construction building’s entrance into the Chicago market.
Retail v Wisconsin Mid-America sells retail center near Milwaukee Mid-America Real Estate Corporation’s investment sales team recently brokered the sale of Drexel Town Square Outlot in Oak Creek, Wisconsin. The 7,882-square-foot retail center was sold to a private buyer.
Retail N Illinois Hawthorn Mall welcomes Hi-Five Sports Zone to Vernon Hills Hawthorn Mall, a super-regional shopping center in Vernon Hills, Illinois, has added Hi-Five Sports Zone, an indoor youth sports entertainment complex. The 8,000-square-foot Hi-Five Sports Zone, which recently opened at the center, is located near Macy’s on the second floor. In addition, nine additional lifestyle tenants have recently opened at Hawthorn Mall, a testament to the significant changes underway as the center continues its transformative redevelopment.
Office N Illinois Querrey & Harrow takes full floor at 120 N. LaSalle Street in Chicago Cresa’s Jason Kleiman and Sean Murphy represented Querrey & Harrow in its 13,618-square-foot, long-term lease at 120 N. LaSalle Street in Chicago. The venerable law firm of 80 years has taken the entire 26th floor with expansion rights. It will relocate from 175 W. Jackson when the lease commences in mid-2020.
CRE N Illinois Kristensen Boxing Smoker set for Jan 25 at the Palmer House Hilton On Saturday January 25th, more than 300 commercial real estate professionals and friends will gather for the 2nd Annual Kristensen Boxing Smoker at the Palmer House Hilton, where boxers from the U.S. Naval Academy will take on Chicago Golden Gloves Champions in eight bouts. The event is sponsored by Related Midwest, LendLease, F.E. Moran, The Telos Group, Colliers International and Riverside Investment and Development.
Retail N Illinois Greenstone Partners closes sale of Little Italy mixed-use building Greenstone Partners successfully sold 1352 W. Taylor Street, a fully renovated, mixed-use property in Chicago’s bustling Little Italy neighborhood. Greenstone exclusively represented the seller and procured offers from both local and out-of-state buyers. The purchaser, a private investor, acquired the property for an undisclosed sum.