More than 200 results for “CBD”
Office N Illinois

Beyond the mega-project: How smaller redevelopment projects are shaping the suburban office market

| Steve Wright and Roger Heerema

While some large corporations have bet on the benefits of moving their headquarters downtown, the revival of dozens of suburban office buildings is convincing many other companies to remain in the suburbs and enjoy the urban feel of a redevelopment. Today’s employees appreciate a workplace that allows for activity-based work and amenities t…

CRE V Michigan

Cushman & Wakefield's Keais: Born, raised and thriving in Detroit

| Dan Rafter

Garrett Keais has worked in commercial real estate for nearly three decades. During this time, he’s regularly ranked as a top producer and has managed the real estate portfolios of several multi-billion-dollar financial institutions. Today, he is one of the leaders in Detroit’s commercial industry, working as a managing principal with the S…

Multifamily N Illinois

Chicago's multifamily market thriving, evolving

| Matt Baker

With all the activity going on in multifamily these days, many question what the next frontier of this asset class looks like. Yesterday morning, over 225 people had their questions answered at the 10th Annual Chicagoland Multifamily & Affordable Housing Real Estate Summit, hosted by REjournals.

CRE N Illinois

For cap rates, stability the driving force

| Matt Baker

During the second half of 2018, capitalization rates broadly remained stable, buoyed by a trio of macro factors—positive economic growth, abundant capital and a favorable supply/demand environment. This held true in the Chicago market, where only industrial saw a modest drop.

Office Q Kentucky

Louisville's office market poised for strong 2019

| Dan Rafter

Louisville’s office market ended 2018 with its third consecutive quarter of positive absorption, according to the Office MarketView report released earlier this year by CBRE. The report said that the Louisville region saw 128,804 square feet of office space absorbed in the fourth quarter of 2018.

Finance N Illinois

HFF secures financing for Deerfield independent living development

Holliday Fenoglio Fowler, L.P. (HFF) has secured financing for an independent living community in the northern Chicago suburb of Deerfield, Illinois. The HFF team worked on behalf of affiliates of Banner Senior, LLC, the managing partner of a joint venture partnership that is developing the facility, to arrange joint venture equity through …

CRE N Illinois

Forecast of Chicago development: The river runs through it

| Matt Baker

Yesterday, over 900 industry professionals packed into the Hyatt Regency Chicago for the 17th annual Chicago Real Estate Forecast. The most popular panel, which discussed the surge of development along the Chicago River, had attendees spilling out of the Grand Ballroom and craning their necks to hear from the hallway.

Industrial N Illinois

Where real estate intersects with technology

| Matt Baker

The importance of location to real estate is so profound, it’s usually thrice repeated. The opposite is true of our second world, the digital realm that overlays the physical, where one’s setting is mostly irrelevant. That’s why there is a growing need to merge the two, to find that place where property and technology can interface.

Finance N Illinois

HFF arranges $62M in equity for West Chicago development

Holliday Fenoglio Fowler, L.P. (HFF) announced $61.88 million in joint venture equity for the development of 845 West Madison, a 586-unit, luxury multi-housing project in Chicago’s West Loop/Fulton Street submarket. The HFF team worked on behalf of the developers, Lendlease and The John Buck Company, to arrange the joint venture equity part…

Office V Michigan

Hinman acquires Kalamazoo's Fifth Third Bank building

The Hinman Company acquired the Fifth Third Bank Building, 136 E. Michigan Avenue, in Kalamazoo, Michigan. The 15-story, 80,000+-square-foot building is located in the heart of Kalamazoo’s central business district, near the intersection of Michigan Avenue and Portage Street.

CRE N Illinois

Ahead of the CRE Forecast, a look at Chicago in 2019

| Matt Baker

When the 850 or so expected industry professionals pour into the Hyatt Regency Chicago on Jan. 8 for the 17th annual Commercial Real Estate Forecast Conference, they’ll hear from dozens of experts about where the market is headed in 2019. We reached out to two of the speakers, Molly McShane and Drew Nieman, for a preview of what they feel t…

Multifamily N Illinois

Eight-unit Joliet apartment building sells for $475,000

Marcus & Millichap announced the sale of an eight-unit apartment property located in Joliet, Illinois, according to Steven D. Weinstock, regional manager of the firm’s Chicago Oak Brook office. The asset sold for $475,000. Adam Fortino, a senior associate in Marcus & Millichap’s Chicago Oak Brook office, represented both the seller and buyer.

CRE N Illinois

The forecast for investment sales: Partly cloudy

| Matt Baker

Throughout the year, commercial real estate investors have signaled cautious optimism and 2018 rewarded that outlook. Will the same hold true in 2019? As real estate investors seek out the prime opportunities to improve their yields, there are specific market, asset and financial concerns to take into account.