CRE N Illinois 6th Annual Clink! Toast to Chicago CRE Over the past five years this celebratory networking event has been attended by over 200 industry professionals. At this after-hours reception, both women and men come together to celebrate the roles and accomplishments of Women in Real Estate. Join us on Thursday, May 16th, as we celebrate and support the Women in Real Estate and the assoc…
Office N Illinois J.C. Anderson completes build-out for MERGE HQ at Chicago's Aon Center J.C. Anderson has completed a headquarters build-out for MERGE at 200 East Randolph Street (The Aon Center) in Chicago.
Multifamily Midwest New study: Number of high-income renters continues to soar Renters who choose the apartment lifestyle even though they can afford to buy have been a boon to multifamily owners and developers during the last decade. But how much of an impact have these renters-by-choice on the apartment market? You might be surprised.
CRE N Illinois The Goldie Initiative installs 2019 Board of Directors At its first board meeting of the year on January 30, The Goldie Initiative officially installed new directors to lead and serve the organization in 2019. The Goldie Initiative’s mission is to prepare women for senior leadership roles in all sectors of commercial real estate via scholarship support for graduate study, mentorship and network…
Multifamily N Illinois Interra Realty brokers $6 million sale of apartment building in Chicago Interra Realty, a Chicago-based commercial real estate investment services firm, announced it brokered the sale of 5424 S. Cornell Avenue, a 64-unit rental community in Chicago’s Hyde Park neighborhood. The $6 million sale price equated to approximately $93,750 per unit.
CRE N Illinois Independence Branch library opens in Chicago’s Irving Park neighborhood Evergreen Real Estate Group recently celebrated the grand opening of the Independence Branch Library in Chicago’s Irving Park neighborhood. Located at 4024 N. Elston Avenue, the branch is one of two co-located library/senior housing developments that Evergreen is building in partnership with the city of Chicago, Chicago Housing Authority (C…
Industrial N Illinois Logistics Property Co. acquires large infill site in Chicago Logistics Property Company, LLC (LPC) has acquired 6.4 acres of land on Chicago’s Southwest Side. Located in the McKinley Park neighborhood, one mile from I-55 and two miles from I-94, the project is only 6.5 miles from the Loop, offering true one-hour delivery to downtown Chicago.
Industrial N Illinois Lee & Associates brokers trio of industrial transactions in DuPage County Lee & Associates has brokered three industrial transactions in DuPage County, Illinois. The deals included a sale in Addison, Illinois and two leases in Hanover Park, Illinois.
Office N Illinois Skender completes first data cable-free HQ for ShopRunner Skender, serving as interior construction manager, has completed construction of ShopRunner’s new 25,000-square-foot corporate headquarters. ShopRunner, a Chicago-based, multi-retailer e-commerce start-up, has relocated to 350 N. Orleans Street from its former space at 350 N. LaSalle Street.
CRE N Illinois Chris Freeman joins Colliers' downtown occupier services group Colliers International | Chicago announced that Chris Freeman has joined the company as a vice president in its occupier services group and will serve office clients in the Chicago area with a special focus on tech start-ups.
Multifamily N Illinois Chicago's rental market finished out 2018 looking strong By most metrics, Chicago’s rental market is not only improved over recent years, it is one of the strongest in the nation. That’s the takeaway from the 2018 Chicagoland State of the Multifamily Market report developed by Cushman & Wakefield for its clients.
Office N Illinois Landmark Partners takes on more management duties at Elgin office park Landmark Partners’ property management tier was awarded the management of 2385 Bowes Road in Elgin, Illinois. This newly built office building is the third property assigned to Landmark at Bowes Commons, a mixed-use office and retail development located just off the busy and sought-after Randall Road corridor in the Chicago suburb of Elgin.
CRE N Illinois NAI Hiffman merges with Nicolson Porter & List NAI Hiffman reached an agreement with industrial real estate firm Nicolson Porter & List (NPL) to bring the companies together under the NAI Hiffman brand and platform effective immediately, with full integration to be completed by March 1, 2019. The combined company will operate as NAI Hiffman and expand its footprint at its Oakbrook Terra…
Multifamily N Illinois Lombard multifamily property sells for $2.15 million Inland Real Estate Commercial Brokerage, Inc. announced the sale and closing of a 28-unit apartment complex located in Lombard, Illinois, a western suburb of Chicago, for $2.15 million. Senior vice presidents of Inland Commercial Brokerage Paul Montes and Eric Spiess facilitated the transaction on behalf of the seller.
CRE N Illinois Krusinski Construction Company celebrates 45th anniversary When it first opened its doors in 1973 in Chicago, Krusinski Construction Company (KCC) was serving the regional Chicagoland area with two members on its staff, including founder, Joe Krusinski. Today, the now Oak Brook, Illinois-based firm is celebrating its forty-fifth anniversary with a staff of seasoned professionals and projects throug…
Industrial Midwest U.S. industrial market just wrapped its busiest five-year period ever The year-end reports have been coming in, covering markets throughout the Midwest. And the news is always the same: 2018 was a record-breaking year for the industrial sector. Most impressively? It looks like 2019 will be more of the same
CRE N Illinois Draper and Kramer announces four executive-level promotions Draper and Kramer, Incorporated, a Chicago-based real estate services firm, announced the promotion of four senior executives. Edward Polich has been named executive vice president of real estate, while Blas Puzon has been promoted to chief investment officer. Additionally, Julie Stevlingson is stepping into an expanded role leading constru…
Office N Illinois Interiors completed on C.H. Robinson's Chicago headquarters Vocon, a leading national architectural and design firm, provided interior design services for C.H. Robinson’s flagship operation center, a four-story, 207,000-square-foot office building in Chicago’s new Lincoln Yards development by Sterling Bay. Vocon collaborated with Skidmore, Owings and Merrill LLP, which served as the base building architect.
Industrial N Illinois Colliers arranges four industrial leases totaling 340,000 square feet Colliers International | Chicago’s industrial advisory group has arranged four lease transactions totaling nearly 340,000 square feet. The leases were secured in Arlington Heights, Des Plaines, Franklin Park and Northbrook, Illinois.
Healthcare N Illinois Olivia Wirth promoted at HSA PrimeCare HSA PrimeCare, the national healthcare real estate division of Chicago-based HSA Commercial Real Estate, has promoted Olivia R. Wirth to director of marketing and senior associate of leasing/development. Wirth has been with HSA PrimeCare for five years and she provides leasing and other services for the division’s top health care provider clients.