CRE N Illinois
From left to right (front): Deborah Winchester and David McCarty. From left to right (back): Edwin Linn, Tony Pagliuca, Simon Paca and Brandon Simak.

Chicago Design Network and Agency Brand Studio announce joint venture

Chicago Design Network and Agency Brand Studio today announced a joint venture that will offer a one-stop shop for design and branding services. The unification will build on more than three decades of inspiring business architecture and recent collaborations between the two firms as the partnership focuses on delivering thoughtful architecture and compelling brands.

Industrial N Illinois
NAI Hiffman completes 145,000-SF industrial lease for CPG.IO in Addison

NAI Hiffman completes 145,000-SF industrial lease for CPG.IO in Addison

NAI Hiffman represented CPG.IO in a 144,614-square-foot lease at 1150 N. Swift Road in Addison, Illinois. Cushman & Wakefield represented Lincoln Property Company, which leases and manages the property on behalf of a domestic pension fund. NAI Hiffman’s Kelly Disser, executive vice president, and Michael Freitag, senior associate, represented CPG.IO in the transaction, which fills approximately 75 percent of the 188,588-square-foot building.

Industrial N Illinois
It was a packed room during the industrial breakout session at the 18th Annual Chicago Commercial Real Estate Conference. Panelists included (from left to right): Diane Thalmann of NIPSCO, John Joyce of SVN Chicago Commercial, Michael Larsen of InSite Real Estate, Tom Boyle of Lee & Associates, Joshua Hearne of Cawley Chicago and Steven Kohn of Avison Young.

The Cook County conundrum

A paradox of the local industrial market is that taxes and politics have made investors leery about acquiring assets in Cook County. At the same time, however, users absolutely need to be there because there’s no greater concentration in the Midwest of both consumers and good labor.

CRE N Illinois
More than 900 CRE professionals attended last week’s Commercial Real Estate Forecast conference.

Chicago: Coarse and strong and cunning

In Carl Sandburg’s lauded poem of his hometown, he describes a city that—beneath a veneer of sweat and soot and vulgarity—thrums with vitality and swagger, too ambitious to be wary of any roadblocks ahead. A century after Chicago’s publication, does this poem still depict its eponymous source?

Retail N Illinois
JLL closes sale of Westlake Plaza retail center in Wilmette

JLL closes sale of Westlake Plaza retail center in Wilmette

JLL closed the sale of Westlake Plaza, a 42,018-square-foot, neighborhood shopping center in Chicago’s affluent Northshore community of Wilmette, Illinois. JLL represented the seller, Chicago-based Newport Capital Partners. A private real estate fund advised by Crow Holdings Capital purchased the asset. Terms of the transaction were not disclosed.

CRE N Illinois
Raymond Hall;JLL

JLL hires Raymond Hall as head of human resources for the Americas

JLL announced the appointment of Raymond Hall as the head of human resources for the Americas. In this role, Hall will lead JLL's HR team in the Americas, partnering with the firm's businesses to acquire, develop, engage and reward employees. He succeeds Mary Bilbrey, who maintains her position as JLL's global chief human resources officer (CHRO).

CRE N Illinois
Catie Kill;Corporate Concepts

Corporate Concepts elevates Catie Kill to director of market strategy

Corporate Concepts, an office environments company specializing in the sale and integration of high-performance furniture solutions, has created a new position, director of market strategy, promoting Catie Kill in the firm’s Chicago office to that role from business development associate. Kill will be responsible for strategy and development of relationships with Chicagoland’s design and real estate partners.

Finance N Illinois
Elliott Young;Pangea Mortgage Capital

Pangea Mortgage Capital welcomes Elliott Young

Elliott Young recently joined Pangea Mortgage Capital as director. He brings over 15 years of real estate experience in commercial real estate lending, mortgage banking and development, nationally and will help the Chicago-based firm to grow new loan originations and expand Pangea Mortgage Capital's national lending footprint.

CRE N Illinois
(From left to right): Jonah Helbraun of DePaul University, Terri Alexander of Transwestern; Daniel Benassi of Entre Commercial Realty, Clarissa Tarandy of University of Illinois – Urbana Champaign. Not pictured: Marlon Taylor of Roosevelt University and Dan Viner of Northwestern University’s Kellogg School of Management.

SIOR Chicago awards $12,000 to 2019 scholarship winners

The Chicago chapter of the Society of Industrial and Office Realtors (SIOR) and the SIOR Foundation awarded four scholarships totaling $12,000. Each of the four students received a scholarship of $3,000. The Chicago chapter of SIOR 2019 Scholarship Committee included Terri Alexander, SIOR, of Transwestern; Larry Goldwasser, SIOR, of Cushman and Wakefield and Sean Henrick, SIOR, of Cushman and Wakefield.

CRE N Illinois
Tom Boyle;Lee and Associates

Lee & Associates of Illinois promotes Tom Boyle

Lee & Associates of Illinois has promoted Tom Boyle, SIOR to principal. Boyle joined Lee & Associates of Illinois in early 2018 and specializes in industrial real estate. He is a licensed broker in Illinois and Wisconsin, where he works primarily on projects that involve new construction and land development.

Retail N Illinois
110 North Wacker partners with award-winning chefs, iconic steakhouse group

110 North Wacker partners with award-winning chefs, iconic steakhouse group

The Howard Hughes Corporation and Riverside Investment and Development have inked a deal that will see José Andrés’ ThinkFoodGroup, together with Chicago’s own Gibsons Restaurant Group, take 17,200 square feet at 110 North Wacker Drive. The group will operate a fine dining restaurant, an elevated cocktail bar experience and provide catering for the building’s 10,000-square-foot event space.