More than 200 results for “CBRE”
CRE N Illinois

For the first half of 2019, cap rates remained stable

| Matt Baker

Thanks to moderate growth, low inflation and falling long-term interest rates, cap rates for commercial real estate assets held steady in the first half of 2019. In Chicago, two sectors have a favorable outlook as they came in below the national average.

CRE X Missouri

Midwest Commercial Hall of Fame: CBRE's Bob Fagan

| Dan Rafter

Each year, Midwest Real Estate News runs its Midwest CRE Hall of Fame issue, highlighting the careers of the top commercial real estate pros in the region. This year, we are also running the profiles of these Hall of Fame inductees online. This week, we look at the career of Bob Fagan, senior vice president with the Kansas City, Missouri, o…

Industrial Q Kentucky

MK Asset closes big deal in Louisville

MK Asset Brokerage, a Chicago-based commercial real estate investment, brokerage and advisory firm, has completed transactions totaling about 500,000 square feet in Riverside, California, and Louisville, Kentucky. The value of the transactions exceeded $25 million in aggregate lease expense.

Industrial N Illinois

Duke Realty leases up Lockport industrial facility

The Chicago office of Duke Realty has signed a lease with 48forty Solutions, a pallet management company, for 83,720 square feet at 16508 S. John Lane Crossing in Lockport, Illinois. With this lease, Duke Realty’s three Lockport buildings, which total 802,284 square feet, are 100 percent leased.

Industrial N Illinois

Westmount Realty Capital hires seasoned property manager in Chicago

Commercial real estate development and investment management firm Westmount Realty Capital, LLC has hired John Humphrey as senior property manager—Chicago. Humphrey brings over 23 years of commercial real estate asset and property management experience to Westmount and will oversee the company’s Chicago-area industrial portfolio of 4.675 mi…

Retail N Illinois

Luxury haberdashery Syd Jerome doubles Loop footprint

In its second move in 26 years and third in its 60-year history, Syd Jerome, the luxury menswear store, has relocated to a 7,300-square-foot, two-level ground floor location at 20 N. Clark Street, an office tower in Chicago’s Central Loop. The move will provide twice the space of the retailer’s previous location.

CRE N Illinois

Chicago a top-three market for tech talent growth

| Matt Baker

The high-tech industry has accounted for about one-fifth of major office-leasing activity in the U.S. since 2018—more than any other industry. With its access to labor, higher education pipeline and relative affordability, Chicago is poised to capitalize from a recent top-three ranking among North American markets for attracting tech workers.

CRE N Illinois

CBRE's Bob Wislow, Camille Julmy form new venture

CBRE chairman, Bob Wislow, announced that he and CBRE vice chairman, Camille Julmy, are forming a new, boutique real estate venture, Parkside Realty, Inc. The real estate veterans will maintain their portfolio and develop new projects, such as an office building they are developing in Fulton Market.

CRE N Illinois

Michael Brim joins Advocate Commercial Real Estate Advisors

Advocate Commercial Real Estate Advisors, a provider of tenant representation services with offices in Chicago and Detroit, has hired Michael Brim as its chief operating officer. A veteran in the real estate industry, Brim brings more than 32 years of experience in successfully growing dynamic organizations.