Industrial i Ohio Industrial Commercial Properties buys, leases-up industrial space in Ohio Industrial Commercial Properties acquired and leased 6680 Parkland Blvd. in Solon, Ohio. Industrial Commercial Properties acquired the nearly 82,000-square-foot office and warehouse property in December of 2018.
Office i Ohio VanTrust office building in Cincinnati area draws four new tenants VanTrust Real Estate’s recently built speculative office building is meeting demand for new, modern office space in the Blue Ash suburb of Cincinnati.Four companies have inked deals for space at Landings III, located at 9999 Carver Road.
Industrial v Wisconsin Ashley Capital building 438,000-square-foot industrial facility in Wisconsin Ashley Capital is building a 438,000-square-foot cross-dock speculative industrial building at 11201 Enterprise Way in Sturtevant, Wisconsin. This is the second building to be built at Enterprise Business Park.
CRE N Illinois Matt Pistorio joins Chicago-based developer R2 Companies Matt Pistorio has joined Chicago-based developer R2 Companies. In his new role as a principal, Pistorio will handle leasing for the firm’s Midwestern portfolio, which includes the massive redevelopments planned for Goose Island.
Finance N Illinois Cushman & Wakefield arranges $12M loan for River Square refinancing Cushman & Wakefield’s equity debt and structured finance team has arranged a $12 million loan for the refinancing of River Square, a retail center in Naperville, Illinois.
CRE Midwest From scooters to Generation Z: Cushman's top CRE trends to watch in 2019 It’s not easy to predict the future of commercial real estate. But Cushman & Wakefield is at least trying to identify some of the key trends that will shape this future. On the company’s list? Everything from workers buzzing on scooters to get to their offices to a shortage of industrial space to a surge of Generation Z members entering the…
Industrial N Illinois Lee & Associates of Illinois negotiates $4.3 million industrial sale Lee & Associates has closed a $4.3 million sale transaction for a 228,586-square-foot industrial building located on nine acres at 2525 Armitage Avenue in Melrose Park, Illinois. Ryan Kehoe, vice president, and John Sharpe, principal, of Lee & Associates’ Illinois office, represented the seller. Cushman & Wakefield represented the buyer, a …
Industrial N Illinois Cushman & Wakefield secures 2018’s largest industrial lease in City of Chicago at Marina Crossings Cushman & Wakefield represented landlord Marina Crossings Owner, LLC, a joint venture between MAT Limited Partnership and institutional investors advised by J.P. Morgan Asset Management, in securing its first tenant at 2075 W. 43rd Street. First Logistics, an Illinois-based 3PL, will expand from their current facility in Alsip, Illinois to …
CRE N Illinois Forecast of Chicago development: The river runs through it Yesterday, over 900 industry professionals packed into the Hyatt Regency Chicago for the 17th annual Chicago Real Estate Forecast. The most popular panel, which discussed the surge of development along the Chicago River, had attendees spilling out of the Grand Ballroom and craning their necks to hear from the hallway.
Office N Illinois Mondelez International leaving the suburbs, headed to Chicago's Fulton Market Thor Equities Group, a global leader in urban real estate development, leasing and management, has leased 905 W. Fulton Market in Chicago to Mondelez International. The leading global snacks company signed a 15-year deal for all 77,100 square feet of office space in the five-story building for its new global headquarters, along with 6,150 s…
Industrial Q Kentucky 2018 a record-setting year for Louisville industrial market A banner year. That’s how Cushman & Wakefield describes the Louisville industrial market in 2018. And why not? The market set records for industrial leasing activity, construction and absorption last year.
CRE N Illinois SIOR Chicago appoints 2019 executive board, announces scholarships The Chicago chapter of the Society of Industrial & Office Realtors (SIOR) recently named their new executive board officers for the year 2019. Dan Benassi, SIOR, of Entre Commercial Realty will lead the organization, which includes nearly 200 of the top office and industrial real estate brokers in the Chicago market.
CRE Midwest Cushman & Wakefield acquires QSI Facilities Cushman & Wakefield announced the completion of its acquisition of Quality Solutions, Inc. (“QSI”). This acquisition will expand Cushman & Wakefield’s facilities management capabilities and coverage across North American markets by leveraging QSI’s strong supply chain of 50,000+ qualified suppliers and 75+ facilities trades.
Industrial N Illinois Lee & Associates of Illinois negotiates two industrial leases in Elgin Lee & Associates has closed two lease transactions totaling 202,750 square feet in Elgin, Illinois. In both transactions, Steve Bass, executive vice president, and John Sharpe, principal, of Lee & Associates’ Illinois office, represented the owner, Stockbridge Capital Group.
Retail Q Kentucky Cushman & Wakefield closes $25 million shopping center sale in Kentucky Cushman & Wakefield has arranged the $25 million sale of Hopkinsville Towne Center, a 185,761-square-foot open-air community retail center located at 4805-4895 Fort Campbell Blvd. in Hopkinsville, Kentucky.
Office Midwest What happens to all those parking garages when self-driving cars show up? What to do with all those parking garages when self-driving cars begin to fill U.S. roadways? That’s a question that Cushman & Wakefield asked corporate real estate executives during a series of surveys during CoreNet Global Summits in North America, Asia and Europe. And the answer? Well, that’s not clear.
Retail N Illinois Thor Equities closes $26M sale of Chicago Loop retail property Thor Equities Group has closed on the sale of its two-level corner retail property at 36 S. State Street in Chicago to Jenel Management Corp. for $26 million, company executives announced. The 18,800-square-foot retail property is fully leased to Verizon, T-Mobile and Blick Art Materials.
Office N Illinois Irvine Company leases nearly 218,000 SF at 71 S. Wacker Irvine Company Office Properties announced seven new leases totaling 217,844 square feet at 71 South Wacker, the 48-story modern workplace community in downtown Chicago. More than half of the leasing activity is in former Hyatt space.
Industrial N Illinois Avison Young negotiates 42,141-square-foot lease for NOEL Transportation Avison Young has negotiated a 42,141-square-foot lease for NOEL Transportation at 4800 S. Vernon Avenue in McCook, Illinois. The third-party logistics company is more than doubling its square footage and will use the space as a regional distribution center for its Midwest operations.
Industrial N Illinois Missner Group and Timber Hill complete 84,000-SF industrial development Joint-development partners, The Missner Group and Timber Hill Group, have completed construction at 1075 Chaddick Drive in Wheeling, Illinois.