Office V Michigan CBRE marketing three-building office portfolio in Detroit CBRE has been hired by BASCO as the exclusive listing agent for a three-building, 104,000-square-foot office portfolio in downtown Detroit.
Office i Ohio CBRE leasing office expansion at Columbus' Easton Town Center John Hall, senior vice president; Don Matsanoff, first vice president; and A.J. Norman, associate, with CBRE, are the exclusive leasing agents for the new office development at Easton Town Center in Columbus, Ohio. Hall, Matsanoff and Norman will be leasing 350,000-square-feet of space in four Class-A, amenity-rich buildings.
Retail N Illinois Changing demographics and economics are upending food and beverage retail Change is coming to U.S. food-and-beverage operators—and the real estate they occupy. The F&B sector is evolving and the implications for retail real estate could be significant.
Multifamily N Illinois CBRE negotiates sale of 550-unit apartment property in Chicago area CBRE recently represented Greenwood Capital Investment LLC in the sale of Autumn Chase Apartments, a 550-unit multifamily property in Hoffman Estates, Illinois. John Jaeger and Dan Cohen of CBRE represented Greenwood Capital Investment in the sale to Chicago-based Tricap Acquisitions, LLC.
Industrial N Illinois Lee & Associates of Illinois negotiates industrial lease in Romeoville Lee & Associates has closed a lease transaction for a 22,265-square-foot industrial space located at 101 Paragon Drive in Romeoville, Illinois.
Office Q Kentucky CBRE: Louisville office market off to a strong start in 2019 The Louisville office market got off to a strong start in 2019, seeing 132,527 square feet of positive net absorption in the first quarter. And that’s just the start of the good news from CBRE’s most recent Office MarketView.
Industrial N Illinois Bridge Development Partners acquires 21.8-acre property in Wood Dale Bridge Development Partners, LLC has acquired 700 N. Wood Dale Road, in Wood Dale, Illinois, where it plans to build “Bridge Point Wood Dale.” The development within the Chicago-O’Hare submarket will encompass two state-of-the-art, industrial facilities totaling 342,266 square feet.
CRE W Minnesota Minneapolis office of CBRE gains data center specialist Dan Peterson has joined CBRE as vice president and data center advisor for the Upper Midwest region. He will be based in the company’s Minneapolis office.
Office N Illinois More Post Office space leased out, this time to two Kroger subsidiaries Meal-kit firm Home Chef and analytics company 84.51° have signed leases to move into Chicago’s Old Post Office. The two companies, both owned by the The Kroger Co. supermarket chain, plan to move a combined 300-plus employees into the building over the next few years.
Industrial N Illinois Foreign investors injected over $600 million into Chicago industrial market last year Investors still love industrial real estate, no matter where they reside. The asset class saw higher-than-usual foreign investment in 2018, with the Chicago area making the top three markets for foreign funds.
CRE N Illinois CBRE makes two strategic hires in Chicago Liz McCleary has been named vice president and Dru Garcia senior associate for CBRE in its Chicago occupier advisory and transaction services group.
Healthcare N Illinois CBRE completes $90 million sale of four-state medical office building portfolio CBRE closed on 23 medical buildings through three separate transactions totaling approximately $90 million. The deals, sold to separate buyers over the last week, totaled over 300,000 square feet across four states. Properties include the Greenleaf Center Medical portfolio in the Chicago area, as well as two portfolios with properties in Al…
CRE V Michigan Newmark Knight Frank adds industry vets to Detroit practice Global commercial real estate advisory firm Newmark Knight Frank recently expanded its Valuation & Advisory practice with the addition of the Detroit team led by Michigan Market Leader and Senior Managing Director Tony Roberts. Chris Maharg joins Roberts as senior vice president.
Office W Minnesota CBRE: Rising demand fuels Minneapolis office market Demand for office space in Minneapolis remains so strong that the average asking rent for this sector rose to $15.30 in the first quarter of the year. That’s 15.9 percent higher than the 10-year average, according to the latest research from CBRE.
Office p Tennessee GBT Realty unveils plans for high-end office tower in Nashville After demolishing the Firestone site at 1221 Broadway in Nashville’s Gulch neighborhood, GBT Realty is unveiling new renderings for its new Class-A office tower to to be built here.
CRE N Illinois JLL announces corporate solutions leadership changes JLL announced that Neil Murray will become global CEO, corporate solutions, succeeding John Forrest. Murray, who will be located in Chicago, will report to CEO Christian Ulbrich and join the company's global executive board. Mark Caskey will succeed Murray as EMEA CEO, corporate solutions. The changes are effective June 1.
Office N Illinois International law firm Morgan Lewis & Bockius latest tenant at 110 N. Wacker The Howard Hughes Corporation and Riverside Investment and Development, co-developers of 110 N. Wacker Drive, announced that the global law firm Morgan Lewis & Bockius LLP has signed an 86,000-square-foot lease to become the newest tenant of the trophy-class office tower, now under construction along the Chicago River.
Multifamily X Missouri CBRE adds multifamily specialist to Kansas City team CBRE has hired Max Helgeson, who is joining the firm’s Kansas City, Missouri, multifamily team as a senior associate.
Industrial N Illinois Transwestern Investment Group sells 100,000+ SF industrial portfolio Transwestern Investment Group (TIG) sold a 108,554-square-foot industrial portfolio on behalf of the Diversified International Partners Fund. Boston-based High Street Realty Co. acquired the two logistics facilities in Lake County, Illinois, for an undisclosed price. Michael Caprile, Ryan Bain and Zachary Graham of CBRE provided disposition…
Multifamily W Minnesota CBRE sells 108-unit apartment building in Minnesota CBRE announced that Chicago-based The Habitat Company has closed on the purchase of Cedarvale Highlands, a 108-unit multifamily property at 3908 Cedar Grove Parkway in Eagan, Minnesota. The property was previously owned by Steven Scott Management.