Office N Illinois Colliers leases 116,000+ SF at Parkway North Center in Deerfield Colliers International I Chicago principals Darryl Silverman and Steve Kling recently signed four leases totaling more than 116,000 square feet at Six and Nine Parkway North, located at the 85-acre Parkway North Center in Deerfield, Illinois. The recent activity brings the two properties to 95 and 88 percent leased, respectively.
Multifamily N Illinois Marcus & Millichap brokers sale of 36-unit Norridge apartment building Marcus & Millichap facilitated the sale of a 36-unit apartment property located in Norridge, Illinois, according to Steven D. Weinstock, regional manager and first vice president of the firm’s Chicago Oak Brook office. Terms of the transaction were not disclosed.
Legal N Illinois Bridge Development Partners hires first-ever general counsel Bridge Development Partners has hired Daniel Hemmer as its first general counsel. Based in Bridge’s Chicago headquarters, Hemmer will oversee all of the firm’s legal functions, including real estate transactions, corporate and litigation. He will also be responsible for managing the company’s relationships with outside counsel and assuring every area of its business is in compliance with law.
Industrial N Illinois Build-to-suit industrial reaches new peak for the cycle Build-to-suit projects accounted for 4.6 million square feet of new industrial construction in the Chicago metro this past quarter. That figure is a record high for the cycle and just one of numerous impressive benchmarks that the sector hit.
Retail N Illinois First downtown Chicago location of Egg Harbor Café opens in Optima Signature Optima Signature, a 57-story, 490-unit luxury apartment tower just east of Chicago’s Magnificent Mile, announced the grand opening of its retail tenant, Egg Harbor Café, a restaurant specializing in breakfast, brunch and lunch with 20 locations in Illinois, Wisconsin and Georgia. The Streeterville location is the first downtown Chicago location for the popular restaurant named as one of the nation’s top breakfast concepts.
Net Lease N Illinois Marcus & Millichap arranges sale of net-leased property in Elk Grove Village Marcus & Millichap closed the sale of a Taco Bell ground lease, a 2,094-square foot net-leased property located in Elk Grove Village, Illinois, according to Steven D. Weinstock, regional manager and first vice president of the firm’s Chicago Oak Brook office. The asset sold for $1,218,000.
CRE N Illinois CCIM Illinois hosts 2019 Black Diamond Reception The Illinois Chapter of CCIM hosted their annual Black Diamond Reception event at The Backdoor Saloon on Thursday, November 7. During the event, local CCIM members recognized outgoing chapter president, Ken Robberechts, founder and managing principal of Verde Commercial.
Retail N Illinois Cresco Labs wins three recreational cannabis retail licenses in Chicago Cresco Labs, one of the largest vertically integrated, multistate cannabis operators in the U.S., won three licenses in the city of Chicago’s lottery for recreational cannabis dispensary locations. The licenses include two of the seven available in the Central District, and one of the six available licenses in the Southeast District. Illinois passed legislation permitting the limited sale of marijuana for recreational use, which should impact the local retail sector.
CRE N Illinois CBRE announces new assignments for key senior executives CBRE Group, Inc. announced new leadership assignments for several key executives, effective on January 1, 2020.
CRE N Illinois Studio Gang brings technology fellow in house Studio Gang announced that their longtime collaborator, structural engineer Peter Heppel, has joined Studio Gang’s Chicago office as a technology fellow. Specializing in lightweight structures and aerodynamics, Heppel will draw on his decades of experience and unique knowledge of structural design and wind engineering to work closely with design teams at all phases, from conceptual design to construction administration.
CRE N Illinois CapRock announces new hire, Tom Eilers Chicago-based CapRock has added Tom Eilers as senior leasing manager, according to the firm’s managing principal and CEO, S.L. van der Zanden. Eilers will handle the leasing activities for all CapRock properties and third party listings.
Office N Illinois Communication is crucial in averting workplace violence at commercial properties The role of a property manager is analogous to that of a professional juggler. A property manager has many tasks to complete daily, juggling the ins and outs of the business, ensuring that all processes, systems and personnel are in place to secure their physical assets and to create the right environment for tenants and visitors.
CRE N Illinois CBRE closes sale of 52,000-SF retail asset in Chicago CBRE recently represented North Clark Properties LLC in the sale of a 52,034-square-foot retail property at 201 N. Clark Street in Chicago’s Loop to State Teachers’ Retirement System of Ohio. Keely Polczynski and Marcello Campanini of CBRE represented ownership in the listing and Steve Janowiak of STRS Ohio coordinated the transaction for the buyer.
Office N Illinois Huron renews 134,000-SF HQ lease in West Loop Colliers International’s David Burden and Michael Marrion represented global professional services firm Huron in its 134,000-square-foot headquarters lease restructure and renewal at Union Tower located at 550 W. Van Buren Street in Chicago.
CRE N Illinois VIM and Skender partner to provide pre-manufacturing visualization of modular building solutions VIM, a virtual information modeling firm providing the most efficient 3D format for building design data, and Skender, a pioneer of Lean construction and modular manufacturing, announced a partnership to implement VIM’s software in Skender’s Chicago modular manufacturing facility.
CRE N Illinois DeSimone expands leadership team in Chicago DeSimone Consulting Engineers recently added two industry veterans to the firm’s expanding structural engineering practice in Chicago. John Viise, who joins the firm as a managing principal, and Eric Fenske, who comes aboard as an associate principal, will serve clients in both the surrounding Midwest region and abroad in the design and development of high-rise structures.
CRE N Illinois CREW Chicago hosts Last Call for Fall 2019 On Wednesday, November 13, CREW Chicago hosted their annual Last Call for Fall event at the Chicago Architectural Center. This exclusive event held by CREW Chicago supports CREW Foundation and CREW Chicago in creating opportunities for women and girls to achieve economic and professional success. The evening included networking, a silent auction, appetizers and cocktails.
CRE N Illinois CRE Future Leaders: Tabitha Dozier An associate with NAI Hiffman, Tabitha Dozier has managed more than 4.5 million square feet of commercial real estate on behalf of a wide variety of landlord clients. She has also worked with over 100 tenants including Sears Holding Corp, PODS of Chicago, PepsiCo and more. Dozier has an extensive background in lease analysis, including Real Estate Tax and Common Area Maintenance reconciliations.
Office N Illinois Former Bear Idonije launches nonprofit incubator in the Loop Israel Idonije spent 10 years in the NFL—most of them with the Chicago Bears—terrorizing opponents’ offensive lines. Now he’s leading a different charge, spearheading the creation of a hub for philanthropic organizations.
CRE N Illinois Mark Filippini joins workspace innovation company, The Instant Group Mark Filippini has joined The Instant Group, a global flexible workspace specialist. Filippini comes aboard as business director and will be based in the firm’s new Chicago office.