Office N Illinois
City amenities keep popping up in suburban office buildings

City amenities keep popping up in suburban office buildings

Large fitness centers stocked with the latest exercise equipment. Rooftop decks that provide employees with a chance to socialize and brainstorm. Bike storage areas for the growing number of office workers who bike to their jobs. Tenant lounges filled with overstuffed chairs and bathed in the natural light of floor-to-ceiling windows. These are the amenities you expect in the latest office towers rising from the center of busy cities, right? Sure. But increasingly, these same amenities are showing up in suburban office properties.

CRE N Illinois
Inland’s Goodwin: Helping the DuPage Airport take flight

Inland’s Goodwin: Helping the DuPage Airport take flight

The DuPage Airport in West Chicago, Illinois, was bleeding money before Daniel Goodwin joined its governing board in late 2002. By the time Goodwin was named chairman of the DuPage Airport Authority in January of 2003, the airport about 29 miles west of Chicago was $26 million in debt and was suffering annual operating losses. Goodwin, though, changed that.

Industrial N Illinois
NAI Hiffman’s Mark Moran: I-88 corridor, Chicago industrial market both thriving

NAI Hiffman’s Mark Moran: I-88 corridor, Chicago industrial market both thriving

Mark Moran, executive vice president and partner with NAI Hiffman in Oakbrook Terrace, Illinois, has seen plenty of industrial markets. So he knows a strong one when he sees it. Today, he sees an exceptionally strong industrial market in the Chicago area. Moran recently spoke with Midwest Real Estate News about the reasons behind the industrial activity taking place now in Chicago.

Office N Illinois

Death by the mundane: How offices kill start-ups

Ideation is sexy—desks and leases, not so much. Entrepreneurs are passionate about ideas, technologies and people, and that’s where their energy should go. But all too often, the mundane issues of leasing and running an office can become a major distraction. The office can kill start-up dreams—but it doesn’t have to, thanks to the sharing economy.

Industrial N Illinois

Industrial market continues to shine in Chicago and its suburbs

Illinois Real Estate Journal recently spoke to a pair of veteran Chicago-area industrial pros in Mark Augustyn, co-founder of Rosemont, Illinois-based Principle Construction Corp., and Geoffrey Kasselman, executive managing director and national industrial practice leader with the Chicago office of Newmark Grubb Knight Frank, about the strength of the industrial market in and around Chicago. Here is some of what they had to say.

Office N Illinois
A green story at 200 W. Madison: A new focus on creating productive employees

A green story at 200 W. Madison: A new focus on creating productive employees

Earlier this year, Transwestern signed eight leases totaling 88,900 square feet at 200 W. Madison St. in Chicago's West Loop. This burst of activity at the 45-story office tower wasn't solely because the building is one of the greenest office spaces in the city, having recently earned recertification to the LEED Gold level from the U.S. Green Building Council. But the tower's green reputation certainly didn't hurt.

Multifamily N Illinois
Joining the transit-oriented-development movement: Cubed Construction brings new life to Arlington Heights’ Vail Davis building

Joining the transit-oriented-development movement: Cubed Construction brings new life to Arlington Heights’ Vail Davis building

The Vail Davis building has stood in the Chicago suburb of Arlington Heights since 1928, its distinctive castle tower a familiar sight in the suburb’s downtown. During its long life, the building has housed a variety of businesses, serving as a home for a fish market, druggist, barber, pool hall and even the Hertzog cigar factory, makers of the hand-rolled Gander Cigar. Today, the building is taking on a new role: The Chicago-based real estate firm CF Real Estate and 33, the parent company of Cubed Construction, have created 16 luxury rental apartments here. Two restaurants continue to operate in the ground floor of the property.