CRE N Illinois
CRE Future Leader: Tristen Heimann

CRE Future Leader: Tristen Heimann

Tristen Heimann, director of residential rentals at Luxury Living Chicago Realty, has become a top-producing Chicago rental broker, having assisted hundreds of clients with his expertise in the downtown neighborhoods. He has a true appreciation for the city’s progressive architecture and provides a level of detailed knowledge and understanding that goes beyond just the typical apartment showing.

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Office N Illinois
The newly renovated lobby at U.S. Cellular Plaza in Chicago’s O’Hare submarket features lounge-like finishes, sculptural light fixtures,media screens and an open and welcoming space.

Beyond the mega-project: How smaller redevelopment projects are shaping the suburban office market

While some large corporations have bet on the benefits of moving their headquarters downtown, the revival of dozens of suburban office buildings is convincing many other companies to remain in the suburbs and enjoy the urban feel of a redevelopment. Today’s employees appreciate a workplace that allows for activity-based work and amenities throughout the space—which older building’s original layouts may not support.

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CRE N Illinois
From left to right: Newmark Knight Frank’s Jason Houze, Bill Rolander, Jessica O’Hara and Jon Cordell.

Newmark Knight Frank wins 2018 Office Property Representative of the Year

The team of Bill Rolander, Jon Cordell, Jason Houze and Jessica O’Hara of Newmark Knight Frank’s (NKF) Chicago office were awarded the Greater Chicago Food Depository’s (GCFD) 2018 Office Property Representative of the Year award. The prestigious award was announced during GCFD’s 31st annual Chicago Commercial Real Estate Awards dinner, which was held on March 14th at the Hilton Chicago.

Finance W Minnesota
Matt Maney

Cadence opens office in Minneapolis

Cadence, a growing capital markets intermediary with a primary focus on raising equity for commercial real estate developers and sponsors, opened a new regional office in the greater Twin Cities area. The new office, at 3601 Minneapolis Drive in Minneapolis, is the third for Cadence, which also has offices in Denver and Chicago.

Retail N Illinois
SVN brokers Arlington Heights retail sale to out-of-state investors

SVN brokers Arlington Heights retail sale to out-of-state investors

The Esplanade at Arlington Heights—an 18,419-square-foot retail center at 2920-2964 W. Euclid Avenue, Arlington Heights, Illinois—sold to an out of state investor. Tim Franz and John Livaditis of SVN Chicago Commercial represented the seller in the transaction, a private real estate investment group. After generating multiple offers, the shopping center sold for $4,390,000.

Office N Illinois
Savills facilitates Intelligent Medical Objects' downtown Chicago expansion

Savills facilitates Intelligent Medical Objects' downtown Chicago expansion

Savills completed a 13,424-square-foot lease on behalf of medical technology company, Intelligent Medical Objects (IMO), in Chicago’s historic Inland Steel Building at 30 W. Monroe Street. This move marks a new downtown presence for the company, which relocated its headquarters to Rosemont, Illinois in February. With both leases complete, the company has increased its overall footprint by almost 100 percent.

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