Multifamily N Illinois C&W brokers sale of 59-unit, mixed-use West Town property, LUXE on Chicago Cushman & Wakefield’s Midwest multifamily advisory group has brokered the sale of LUXE on Chicago, located at 1838 W. Chicago in the trendy West Town neighborhood. The recently developed, mixed-use multifamily property is home to 59 apartments and 13,979 square feet of ground-floor retail space.
Industrial N Illinois Duke Realty leases up Lockport industrial facility The Chicago office of Duke Realty has signed a lease with 48forty Solutions, a pallet management company, for 83,720 square feet at 16508 S. John Lane Crossing in Lockport, Illinois. With this lease, Duke Realty’s three Lockport buildings, which total 802,284 square feet, are 100 percent leased.
Office N Illinois Chicagoland Commercial Real Estate negotiates three Chicago office leases Chicagoland Commercial Real Estate, Inc. recently completed three office leases totaling 12,775 square feet within the city of Chicago. Two of the transactions were for space in the Loop and the third was in Chicago’s desirable River North neighborhood.
CRE W Minnesota Cushman & Wakefield: CRE industry poised for big second half in Twin Cities The commercial real estate industry got off to a sizzling start in 2019 in the Minneapolis/St. Paul market. How hot have the first six months been? Vacancies are down. Rent is growing. And absorption levels are meeting projections.
Industrial N Illinois Industry leader Mike Nelligan joins C&W industrial team Cushman & Wakefield has announced the addition of Mike Nelligan, an industry veteran of over 25 years, as senior director on the Chicago industrial brokerage team. Nelligan will work on both tenant representation and agency leasing out of the company’s Rosemont office, and will focus on the O’Hare and Central DuPage submarkets.
Industrial i Ohio Cushman & Wakefield closes 145,000-square-foot manufacturing lease in Ohio Cushman & Wakefield|CRESCO professional Robert Wetzel represented global manufacturer Consolidates Precision Products in the lease of a 145,000-square-foot advanced manufacturing facility in Euclid, Ohio, bringing more than 120 new manufacturing and engineering jobs to the city.
Industrial Midwest Cushman & Wakefield: Industrial numbers still encouraging The U.S. industrial market continues to show no signs of a slowdown, with U.S. industrial markets absorbing 52 million square feet during the second quarter of this year, according to the latest research from Cushman & Wakefield.
Office N Illinois Stanton Road Capital acquires 200 S. Michigan Avenue in Chicago's East Loop Los Angeles-based investment management firm Stanton Road Capital, LLC (SRC) and Third Lake Partners, LLC, a Tampa-based family investment firm, have acquired 200 S. Michigan Avenue, a 371,566-square-foot, Class A office building located in the heart of Chicago’s East Loop. The sale transaction was facilitated by Cushman & Wakefield.
Industrial N Illinois Job growth, logistics demand push industrial sector The surge from e-commerce is more than enough to bolster the industrial real estate sector. But a boost in employment among manufacturing, transportation and related fields is also helping to propel the historic run that this asset class is on.
Office N Illinois West Loop office towers add amenity space, 125,000 SF of new leasing Monroe Plaza, the twin office towers at 200 and 230 W. Monroe Street in Chicago’s West Loop, added over 125,000 square feet of new leasing in the past six months. The property, which is owned by Hallandale Beach, Florida-based Accesso, also introduced Loft 18, a half-floor tenant lounge and conference center in the western tower.
CRE N Illinois Cushman & Wakefield names Greg Schementi as president, Americas tenant rep Cushman & Wakefield announced that veteran commercial real estate industry leader Greg Schementi has been appointed to the newly created position of president, Americas tenant representation.
Industrial i Ohio Cushman & Wakefield|CRESCO selling 30,000-square-foot industrial space Cushman & Wakefield|CRESCO Real Estate is marketing for sale a 30,631-square-foot industrial facility in Perry, Ohio.
Office N Illinois Sales tech firm Showpad triples footprint at One North State Sara Spicklemire and Kelsey Scheive of CBRE represented Shorenstein Properties in leasing a 68,391-square foot office space at One North State in Chicago. James Stein of Cushman & Wakefield represented the tenant, global sales enablement leader Showpad.
Industrial N Illinois Acer computer service center expands by over 50,000 SF in Lockport The Chicago office of Duke Realty has signed a lease with Acer Service Corporation, a repair and service provider for Acer computer products, for an additional 50,570 square feet in its building located at 16508 S. John Lane Crossing in Lockport, Illinois. Acer’s expansion, coming just 16 months after its initial, 166,024-square-foot lease,…
Industrial N Illinois Going streaking: Chicago industrial market extends run for quarterly metrics Record-low vacancy, historically sound rental rates and a brimming construction pipeline during the first half of 2019 have brightened the sheen on Chicago’s industrial market. Looking ahead, there are no signs of a slowdown.
Multifamily O Indiana Cushman & Wakefield sells 184-unit apartment building near Indianapolis A southeast Indianapolis apartment sale was so appealing to both sides, it only took two weeks to close.
Industrial N Illinois CCRE brokers four suburban Chicago warehouse deals Chicagoland Commercial Real Estate, Inc. (CCRE) recently brokered four industrial deals at three locations around the Chicago metro. The transactions occured in Island Lake, Rolling Meadows and Schaumburg, Illinois.
Office X Missouri Cushman & Wakefield Portfolio Services Center wins WELL certification Cushman & Wakefield’s Portfolio Services Center Americas at 575 Maryville Centre Drive in St. Louis has been awarded WELL Certification at the Silver level by the International WELL Building Institute™.
Industrial N Illinois Cushman & Wakefield reps LTD Commodities in long-term Aurora renewal Cushman & Wakefield represented LTD Commodities on a 10-year renewal of its 694,367-square-foot distribution facility, located at 1000 Bilter Road in Aurora, Illinois. Acquired by e-commerce giant Amerimark Holdings in December 2017, LTD Commodities is one of the country’s premier catalog and online merchandisers.
CRE N Illinois Hugh Williams and Matt Knafel join MK Asset MK Asset, a boutique, Chicago-based commercial real estate firm, has appointed Hugh Williams, managing broker and principal, to lead the firm’s newly launched brokerage services division. Along with that appointment, Matthew Knafel, senior associate, has been added to support Williams in the expansion of this service line.