Industrial N Illinois Brennan Investment Group taps Comcast to bring fiber into Elk Grove Technology Park Brennan Investment Group, the industrial developer behind the $1 billion Elk Grove Technology Park, has partnered with Comcast Business to bring its advanced fiber network to the technological innovation and business development hub now under construction in Chicago’s northwest suburbs near O’Hare International Airport.
CRE N Illinois CBRE appoints Abe Gamboa as project management Midwest division leader CBRE has appointed Abe Gamboa to the position of Midwest division leader for project management (PJM). In his new role, Gamboa is responsible for providing line of business support and leadership for the Midwest Division which includes 14 offices and approximately 150 employees, including the Chicago-based CBRE | Heery team.
CRE c Nebraska CBRE acquires Omaha affiliate CBRE Group, Inc. has acquired its longtime affiliate serving the greater Omaha, Nebraska, area, CBRE|MEGA.
Office N Illinois With Fulton Market expansion, Glassdoor plans to add new jobs in Chicago Job search and recruiting giant Glassdoor will further expand its presence in Chicago, signing a long-term lease for two full floors of a new office building, West End on Fulton, located at 1375 W. Fulton Street. With room for up to 400 employees, in addition to the offices at 1330 W. Fulton Street that Glassdoor will maintain, the company …
Industrial Q Kentucky CBRE: Louisville's industrial market keeps on rolling How long has it been since the Louisville industrial market hasn’t enjoyed positive absorption? According to the latest research from CBRE, it’s been more than four years.
Office N Illinois The Missner Group completes build out for Rockwell Automation at Olympian Office Center The Missner Group has completed construction on Rockwell Automation’s new space at the Olympian Office Center property located at 4343 Commerce Court in Lisle, Illinois. The Missner Group also owns the property, which is situated along I-88 in the East/West Tollway submarket of suburban Chicago.
Office N Illinois Accenture expands, takes naming rights at Chicago's 500 West Madison The Helmut Jahn-designed building at 500 West Madison in Chicago will now be known as Accenture Tower, following a lease expansion by the Dublin, Ireland-based professional services company. Accenture now occupies 226,486 square feet in the property—owned by KBS Real Estate Investment Trust III—enough space to accommodate all of its approxi…
Office W Minnesota CBRE sells Two22 office tower in Minneapolis CBRE recently represented Principal Real Estate Investors in the sale of Two22, a 730,000-square-foot, 42-floor office tower in Minneapolis, to Lingerfelt Commonwealth Partners, LLC, a Richmond, Virginia-based commercial real estate investment firm.
Retail N Illinois Fashion retailer Primark signs lease for location in Chicago's Loop The Georgetown Company, a New York-based developer and owner of commercial, retail and mixed-use properties, has signed a lease with Primark for 35 N. State Street in Chicago. Primark will take over the entire 45,000-square-foot building and will trade from 36,200 square feet of retail space over three levels. The lease—which paves the way …
Industrial N Illinois CBRE represents Frozen Assets, Bridge Development in cold storage lease CBRE recently represented both the owner and tenant in a 124,409-square-foot lease at 555 Northwest Avenue in Northlake, Illinois. Steve Livaditis, senior vice president, represented Frozen Assets Cold Storage in the lease while John Suerth and Jason Lev represented ownership, Bridge Development Partners.
CRE Midwest Five Midwest properties take home an award at 2019 TOBYs The commercial real estate industry honored 17 commercial properties with The Outstanding Building of the Year (TOBY) Awards at the Building Owners and Managers Association (BOMA) International’s annual conference, the 2019 BOMA International Conference & Expo, held on June 25 in Salt Lake City. Five Midwest properties—three in Chicago and …
CRE N Illinois Craig Cudzilo joins NKF's Chicago office as director of management services Craig Cudzilo has joined the Chicago office of Newmark Knight Frank (NKF) as director of management services. In this role, Cudzilo will report to co-president of management services, Randy Buddemeyer, with responsibilities including oversight of NKF’s third-party asset management portfolio throughout Chicago.
Industrial N Illinois German aerospace manufacturer first tenant at Elk Grove Technology Park Brennan Investment Group has secured a long-term lease with Broetje-Automation, the first tenant in Elk Grove Technology Park, which Brennan is developing in Chicago’s O’Hare submarket. The site will serve as the U.S. headquarters and production facility for manufacturing and assembling robotic systems and automated composite manufacturing …
CRE Midwest Will we miss grocery store checkout lines? Hate standing in line at the grocery store? You might be in luck. A new report from CBRE predicts that the grocery store checkout line will disappear within 10 years. Behind this big move? Technology, of course.
Hospitality V Michigan CBRE sells pair of hotels in Iron Mountain CBRE has arranged the sale of the 62-room Holiday Inn Express & Suites and 57-room Comfort Inn in Iron Mountain, Michigan, to AJLN, Inc. and MGPAN, Inc. respectively.
Multifamily W Minnesota CBRE sells pair of apartment buildings in Minnesota CBRE recently represented Timberland Partners in the sale of two multifamily properties, Timberland Point and Timberland Crossing, to Monarch Investment and Management Group, totaling 318-units and 247,305-square-feet, in St. Cloud, Minnesota.
Industrial Q Kentucky Dermody acquires 17 acres for future warehouse near Louisville airport Dermody Properties has acquired 17.1 acres near the Louisville Muhammad Ali International Airport (SDF) from the Louisville Renaissance Zone Corporation. The site is located in the Renaissance South Business Park, which was created by the LRZC on 680 acres of land located within two miles of SDF, two interstate highways and a major rail line.
Office N Illinois Leopardo completes 23,000-SF Fulton Market build-out for Revolution Leopardo recently completed a 23,000-square-foot build-out for Revolution, an integrated and brand-focused sports marketing agency now headquartered in Chicago’s Fulton Market neighborhood. The build-out took place on the 9th floor of Sterling Bay’s latest development at 210 N. Carpenter Street.
Industrial N Illinois Machine tool distributor Yamazen relocating to seven-acre Elk Grove Village property CBRE recently represented National Roofing Contractors Association in the sale of a vacant, seven-acre site at the Northwest Point Office Park in Elk Grove Village, Illinois to Yamazen, Inc. Yamazen will relocate its headquarters to the new location, 111 Northwest Point Boulevard.
CRE X Missouri St. Louis office of CBRE makes pair of hires The St. Louis office of CBRE recently made two new hires.