Multifamily N Illinois
Kiser Group’s inaugural Mid-Market Summit was held at City Winery in Chicago’s Fulton Market neighborhood on May 9, 2018.

Kiser Group hosts mid-market summit

Chicago-based brokerage Kiser Group last week hosted a Mid-Market Summit, drawing approximately 175 professionals to the City Winery in Chicago’s Fulton Market District. Attendees heard industry remarks and panel discussions from seasoned veterans as well as disruptors all working to enhance Chicago’s multifamily market.

Multifamily N Illinois
Spring weather brings swirling winds to apartment market

Spring weather brings swirling winds to apartment market

In a recent letter to Berkshire Hathaway shareholders, Charlie Munger penned that the company’s future leaders would likely be unable to generate the type of returns he and Warren Buffet delivered.  He argued that it wasn’t because their future managers wouldn’t be as talented, but rather because, “It doesn’t matter how good of a fisherman someone is, if the pond is fished-out or if there are already 200 lines cast in the water, it’s really hard to catch a big fish.”

Industrial N Illinois
A bitcoin mining operation, housed in an industrial facility.

Off the chain: how blockchain and cryptocurrency are changing commercial real estate

Blockchain and cryptocurrencies, like bitcoin, are fundamentally changing how money changes hands. As their potential goes mainstream, it’s possible that commercial real estate may be among the top industries disrupted—in both the way we transact, and in the usage of surplus space. Picture an all-digital transaction closing, from deeds to funds and title filings. Picture a world without old-school tax stamps, and where wire transfers become the dinosaurs of electronic fund transfers.

CRE N Illinois
CRE Future Leaders: Erica Marshall

CRE Future Leaders: Erica Marshall

As part of our series, CRE Future Leaders, we caught up with Erica Marshall, leasing director with Zeller Realty Group’s (ZRG) leasing team, specializing in landlord representation and marketing for select properties within the firm’s 4.3 million-square-foot Chicago portfolio. Her current leasing assignments include the Wrigley Building and 401 North Michigan Avenue in Chicago and Old Orchard Towers in Skokie, Illinois.

Retail N Illinois
Availability of retail anchor space at record high in Chicago metro

Availability of retail anchor space at record high in Chicago metro

The state of Chicago’s retail anchor space is a bit of a dichotomy currently. The metro area has seen the most leasing activity since 2011. Despite that, availability for big box retail space hit a record high in 2017, indicating that demand is unable to keep up with the amount of space coming on line as large retailers continue to exit the market, according to a recent report from CBRE.

CRE N Illinois
Trip McDonough;Landmark Partners

Landmark Partners promotes Trip McDonough

Chicago-based Landmark Partners, a full-service provider of commercial real estate brokerage, management and investment services, has promoted Trip McDonough to vice president. McDonough has successfully negotiated countless commercial real estate transactions throughout his career and has been a top producer at Landmark Partners since joining the firm in 2013.

CRE N Illinois
Sterling Bay, Tom Ricketts will bring new soccer team and stadium to Chicago

Sterling Bay, Tom Ricketts will bring new soccer team and stadium to Chicago

Chicago-based real-estate developer Sterling Bay has announced a joint venture with Chicago Cubs owner and Chairman, Tom Ricketts, to bring a United Soccer League (USL) team to the city. The team will play in a new stadium that Sterling Bay recently announced as a part of their Lincoln Yards development. Sterling Bay bought the USL team last year with the expectation of bringing other investors on board to help manage operations.

Industrial N Illinois
Colliers arranges 78k SF warehouse lease in Mt. Prospect

Colliers arranges 78k SF warehouse lease in Mt. Prospect

Colliers International I Chicago’s Tom Rodeno and Matthew Stauber represented Clarion Partners in a 78,700-square-foot lease to TEI Logistics LLC in Briarwood Business Park, located at 1400 Algonquin Road in Mt. Prospect, Illinois. The El Paso, Texas-based company will make the move in June 2018 from Wood Dale where it currently occupies 61,780 square feet at 101 Mark Street.

Finance N Illinois
Lisa Cunningham;Associated Bank

Associated Bank promotes Lisa Cunningham

Associated Bank announced the promotion of Lisa Cunningham to the role of senior regional manager for Commercial Real Estate’s regional offices. She oversees the regional teams that develop and manage real estate and banking relationships serving the needs of real estate developers, investors, owners and operators throughout the Indiana, Michigan, Missouri, Ohio and Texas areas.