CRE N Illinois
Second annual Net Lease Conference brings in the big names

Second annual Net Lease Conference brings in the big names

Midwest Real Estate News held its second annual Net Lease Conference July 20 in Chicago. More than 160 net lease pros from around the country attended, all there to celebrate the continuing strength of the net lease business, in all sectors. Some of the biggest names in the net least industry shared their insights on why this part of the commercial real estate business continues to thrive.

Multifamily N Illinois
Turning condos into apartments can make good money for developers, investors … if they avoid the pitfalls

Turning condos into apartments can make good money for developers, investors … if they avoid the pitfalls

David Bloomberg has seen the trend: Developers and investors are eagerly seeking to acquire condo buildings and turn them into apartments. This de-conversion trend is taking hold across the Midwest, and developers and investors stand to earn plenty of dollars from it. But Bloomberg, principal at Chicago law firm Chuhak & Tecson, says that converting condos to apartments isn’t always an easy task. There are plenty of potential pitfalls.

Multifamily N Illinois
Luxury rental developments once again opening in the suburbs

Luxury rental developments once again opening in the suburbs

When you think of luxury rental developments, what do you picture? Modern apartment towers rising from the busy downtowns of major cities, right? That doesn't have to be the case. The suburbs might not get as much press when it comes to new multifamily projects, but plenty of developers are bringing high-end rental units to suburban communities across the Midwest.

Retail N Illinois
Will Oak Brook's loss become Chicago's gain when it comes to McDonald's?

Will Oak Brook's loss become Chicago's gain when it comes to McDonald's?

McDonald's has long been a presence in the Chicago suburbs, running an Oak Brook, Illinois-based headquarters building that is home to more than 2,000 employees. That facility also houses the famous Hamburger University, a training facility for managerial staff. But, following a trend among a growing number of retailers, McDonald's might soon be moving its headquarters from Oak Brook to downtown Chicago, targeting the former home of Oprah Winfrey's Harpo Studios in the city's Fulton Market district.

Industrial N Illinois
Modern amenities make the difference when it comes to attracting industrial tenants

Modern amenities make the difference when it comes to attracting industrial tenants

What does it take to attract the most desirable tenants to an industrial property? Chicago Industrial Properties spoke to two local industrial experts, Adam Moore, regional director for the Chicago office of First Industrial Realty Trust, and Jim Clewlow, chief investment officer with Oak Brook, Illinois-based CenterPoint Properties about the strength of the industrial market and the amenities that tenants want in their warehouses and manufacturing facilities.

Industrial N Illinois
Going green with industrial means savings, more productive employees

Going green with industrial means savings, more productive employees

Think of green commercial building and what springs to mind? Apartment towers with rooftop gardens? How about office buildings equipped with low-flow toilets and energy-efficient windows? It's true that office buildings and multifamily projects make up a large portion of the LEED-certified commercial properties across the country. But it's easy to forget that industrial buildings -- warehouses, distribution centers and factories -- can also be green.

Retail N Illinois
For retail success today? Smaller is better

For retail success today? Smaller is better

Midwest Real Estate News recently spoke with Jeff Berta, senior director of real estate development with Chicago’s Structured Development, about the state of the retail sector. Berta said that the retail segment is on the rise, with smaller retailers especially doing well today.