CRE N Illinois
Matthew Brodsky;NorthMarq Capital

NorthMarq Capital’s Chicago office adds Matthew Brodsky to its production team

Matthew Brodsky has joined NorthMarq Capital’s newly relocated and expanding Chicago office as vice president. At NorthMarq, Brodsky will be responsible for the cultivation of debt and equity solutions for the entire capital stack for the company’s clients. While Brodsky can operate amongst all property types, clients will specifically benefit from his extensive multifamily experience.

Industrial N Illinois
The 283,436-square-foot building that Prologis is developing at 2501 Internationale Parkway in Woodridge, Illinois.

A closer look at the I-55 Corridor

Chicago’s economic climate continued to trend upward throughout the first quarter of 2018, with unemployment down to 5.4 percent year-over-year, a 60-basis-points-drop. With this, the local commercial real estate engine continues to hum. And according to an Avison Young report, the I-55 Corridor is seeing a lot of that activity.

CRE N Illinois
Paul Proano;Coldwell Banker Commercial NRT

Paul Proano and Joshua Hergott join Coldwell Banker Commercial NRT

Paul Proano and Joshua Hergott have joined Coldwell Banker Commercial NRT as senior commercial advisors. Their office is located at 1959 N. Halsted Street in Chicago. Their primary focus will be investment sales, leasing, retail and multifamily properties in the Chicagoland area. Before joining Coldwell Banker Commercial NRT, both Paul and Joshua worked as a team for several years at Marcus & Millichap.

CRE N Illinois
The May CREW Chicago luncheon was held at The East Bank Club.

Healthy Earth, healthy buildings, healthy people: Hot topics at CREW Chicago luncheon

At the May luncheon, held at The East Bank Club, CREW Chicago hosted an impressive panel moderated by CREW Chicago member and environmental consultant Helen Kessler, President of HJ Kessler Associates, Inc. Panel participants included Evan Caprile, LEED Green Associate, GACP, High Performance Project Engineer at Pepper Construction; Mary Basel Christopher, Account Executive, Higher Education & Healthcare at Haworth, Inc. and Keara Fanning, Central Region Sustainability Practice Lead at JLL.

CRE N Illinois
CRE Future Leaders: Tim Swanson

CRE Future Leaders: Tim Swanson

As part of our series, CRE Future Leaders, we caught up with Tim Swanson, chief design officer at Skender. He leads Skender’s team of architects and designers—bringing his passion for integrating the design and construction process to the firm’s clients.

Office N Illinois
Vintage Chicago high-rise hits the market

Vintage Chicago high-rise hits the market

One N. LaSalle Street, a 47-story Art Deco office building in Chicago’s Loop, is on the market. According to a report from Crain’s, the ownership group—a joint venture of Northbrook-based Hilco Real Estate and two MB Real Estate executives—hopes to sell the property for $125 million.

Industrial N Illinois
Lee & Associates negotiates sale in North DuPage

Lee & Associates negotiates sale in North DuPage

Lee & Associates has closed a $1.325 million sale transaction for a 15,000-square-foot industrial building located at 163 Covington Drive in Bloomingdale, Illinois. Rick Anesi, vice president of Lee & Associates’ Illinois office, represented the buyer, ABM Flooring, an independent, full service commercial flooring contractor.