CRE N Illinois
Carol Post;Thornton Tomasetti

Thornton Tomasetti creates new strategic roles

International engineering firm Thornton Tomasetti has promoted Carol A. Post, P.E., S.E., LEED AP, based in the firm’s Chicago office, to chief quality assurance officer. The move comes along with other promotions and appointments to three newly created positions; Gary F. Panariello, Ph.D., P.E., S.E. and Peter DiMaggio, P.E., SECB have been named managing director while Robert K. Otani, P.E. LEED AP BD+C becomes the firm’s first chief technology officer and principal.

CRE N Illinois
Chicago CRE Future Leaders: Greg Gonzalez

Chicago CRE Future Leaders: Greg Gonzalez

As part of our series, CRE Future Leaders, we caught up with Greg Gonzalez, director of student housing at Berkadia. Gonzalez advises on investment sales transactions, mortgage banking and equity placement. His responsibilities include new business development, building client relationships, asset analysis and underwriting, strategic marketing and disposition advisement for both purpose-built student housing and university orbit conventional multifamily assets.

Industrial N Illinois
ML Realty Partners announces 372k SF building lease

ML Realty Partners announces 372k SF building lease

ML Realty Partners has leased a 371,994 square foot distribution facility to Kane is Able, Inc. at Heritage Crossing, 14630 South 147th Court in Lockport, Illinois. Kane is Able, a 3PL warehousing, transportation and supply chain logistics company, chose Heritage Crossing for this location due to many features including visibility along I-355 and the 36-foot clear height of the facility.

Multifamily N Illinois
South Loop, 298-unit high-rise sells in Chicago

South Loop, 298-unit high-rise sells in Chicago

Holliday Fenoglio Fowler, L.P. (HFF) announced the off-market sale of Burnham Pointe, a 298-unit high-rise apartment property in Chicago’s South Loop. The HFF team advised on the transaction between the seller, Crescent Heights, and the buyer, a joint venture between Draper and Kramer and Intercontinental Real Estate Corporation. Terms of the acquisition were not disclosed.

CRE N Illinois
Howard Blair;Sterling Bay

Howard Blair Joins Sterling Bay

Howard Blair, the self described “construction guy in a suit,” and renowned Chicago commercial real estate executive/developer, has joined Sterling Bay as a director of construction. He leaves Development Resources Inc. (DRI) after a much lauded 32-year career in which he helped bring to life the projects and vision of some of the city’s most recognizable corporate names.

Industrial N Illinois
Jim McGill;CA Ventures

CA Ventures launches $500M industrial division, appoints key executive

Chicago-based CA Ventures announced an expansion of the firm’s global, multi-sector platform through the launch of CA Industrial, a new division that will pursue speculative development and acquisition opportunities throughout the U.S. Leading CA’s expansion in the sector will be CA chief development officer Sean Spellman and Jim McGill, a 24-year industrial real estate veteran who has joined the team as executive vice president of CA Industrial.

Office N Illinois
From left to right: Bill Elwood of CBRE, Tammy Rogalla of ZRG, Laura Stangle of ZRG and Rob Graham of CBRE.

Zeller Realty cuts ribbon on Woodfield Preserve

Zeller Realty Group (ZRG) recently hosted a ribbon cutting ceremony for the tenants of Woodfield Preserve Office Center to kick off summer and its newest tenant amenity, a 1,600-square-foot courtyard. The ceremony was attended by representatives of CBRE, the building’s leasing agents, as well as office tenants.

Office N Illinois
Proper Title moves to bigger digs in Oak Brook

Proper Title moves to bigger digs in Oak Brook

Palatine, Illinois-based Proper Title, LLC, the second-largest title agent in Illinois, announced the opening of its new office in Oak Brook at 1010 Jorie Boulevard, near the intersection of Interstate 88 and Route 83. The company’s previous Oak Brook office was just down the street from its new location, but due to increased business, Proper Title needed a larger space to accommodate its growing client base.