More than 200 results for “CBRE”
CRE N Illinois

Newmark Knight Frank wins 2018 Office Property Representative of the Year

The team of Bill Rolander, Jon Cordell, Jason Houze and Jessica O’Hara of Newmark Knight Frank’s (NKF) Chicago office were awarded the Greater Chicago Food Depository’s (GCFD) 2018 Office Property Representative of the Year award. The prestigious award was announced during GCFD’s 31st annual Chicago Commercial Real Estate Awards dinner, whi…

Retail N Illinois

Urbanspace to bring new food hall to Chicago Loop

Food hall operator, Urbanspace, has signed a lease to bring a new food hall to Chicago’s Loop. The 12,000-square-foot facility will accommodate more than 20 vendors on the ground floor of the 15 W. Washington Building, once the home of Woolworth’s flagship store at Washington and State.

CRE N Illinois

Brad Serot promoted to vice chairman at CBRE

CBRE recently promoted Brad Serot to vice chairman, the highest producer ranking at the firm. Part of CBRE’s occupier advisory and transactions business, Serot has been directly involved in more than $6 billion in transactions since joining the firm in 2001.

CRE N Illinois

Franklin Partners redeveloping One Mag Mile in Chicago

Franklin Partners announced the redevelopment of One Mag Mile (980 N. Michigan Avenue), including transformative lobby renovations. Additional building improvements are planned and the developer recently hired a new building operations manager who will ensure that tenants receive the highest quality services and support.

Industrial P Kansas

Pair of tenants move into Opus spec building near Kansas City

Gateway Classic Cars and Lanter Delivery Systems, Inc. are the first tenants in Opus Development Group’s recently completed speculative warehouse and distribution building at 56 Commerce Center in Olathe, Kansas. Gateway Classic Cars and Lanter moved into 56 Commerce Center earlier this year and now occupy more than 85,000 square feet in th…

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.