More than 200 results for “Illinois”
Industrial N Illinois

Northern segment of Chicago MSA sees variegated industrial activity

| Matt Baker

For the second quarter in a row, leasing velocity increased in Chicago’s overall industrial market, totaling 10.1 million square feet during the third quarter of 2018. According to a Research & Forecast Report by Colliers International, the northern submarkets had varying changes to absorption and vacancy, though mostly improved.

Retail N Illinois

Ryder opens logistics-focused maintenance facility in St. Charles

Ryder System, Inc., a leader in commercial fleet management, dedicated transportation and supply chain solutions, opened a state-of-the-art, full-service maintenance facility located in St. Charles, Illinois. The new Ryder facility, located at 510 S. Tyler Road, offers customers convenient access to the major trucking highway IL-64, connect…

Retail N Illinois

Palatine retail center sells for $4.4 million

Marcus & Millichap announced the sale of a 50,400-square-foot retail property, located in Palatine, Illinois, according to Steven D. Weinstock, regional manager of the firm’s Chicago Oak Brook office. The asset went from contract to close in 73 days and sold in an all-cash transaction for $4,442,500.

Seniors Housing N Illinois

Supply and labor concerns in the senior housing sector

| Matt Baker

Approximately 150 industry professionals crowded into the University Club on Wednesday, November 7th for REjournals’ 10th annual Chicago Senior Housing Real Estate Conference. While the mid-term elections were fresh in everyone’s minds, the most-discussed topics of the day had more to do with overbuilding and labor shortages than politics.

CRE N Illinois

Historic Naperville building sells for $3.6 million

Marcus & Millichap announced the sale of the Joseph Naper Building, the oldest building in Naperville, Illinois, according to Steven D. Weinstock, regional manager of the firm’s Chicago Oak Brook office. The 7,050-square-foot, mixed-use property sold for $3,654,000.

Finance N Illinois

Matt Reilein joins Cresset to lead opportunity zone efforts

The Cresset-Diversified QOZ Fund and Cresset Partners announced today that Matt Reilein will join both the fund and the Cresset team. Reilein has a deep background in community finance and development and impact investing. He has spent more than 15 years forming relationships and building teams to deliver market-driven capital to low-income…

CRE N Illinois

John O'Neill joins H.W. Lochner

John O’Neill, PE joined H.W. Lochner as vice president and area manager for Illinois. Located in the firm’s Chicago office, he will be responsible for business development and overseeing area operations for Lochner’s Illinois design and construction engineering and inspection groups.

CRE N Illinois

Dan Klancnik joins BE&K Building Group as SVP

BE&K Building Group recently welcomed Dan Klancnik as senior vice president to lead its growing and critically important innovation and technology department. He will be responsible for strategic oversight and direction of BE&K’s technology footprint.

CRE N Illinois

Mixed-use Lakeview building sells for $3.7 million

Marcus & Millichap announced the sale of an 11,100-square-foot mixed-use property located in the Lakeview neighborhood in Chicago, according to Steven D. Weinstock, regional manager of the firm’s Chicago Oak Brook office. The property went from contract to close in 70 days and sold for $3,725,000.

CRE N Illinois

CRE Future Leaders: Abe Eilian

| Matt Baker

As part of our series, CRE Future Leaders, we caught up with Abe Eilian, director at Essex Realty Group. He concentrates primarily on asset valuation, market research and transaction analysis, assisting clients in the acquisition and disposition of investment real estate throughout the greater Chicago metropolitan area. To date, Eilian has …

Office N Illinois

Chicago missing out on HQ2 could be a mixed blessing

| Kathleen O'Hare

With speculation leaning toward three cities other than Chicago as finalists for a potentially split Amazon HQ2, it apparently is time for Chicago’s city and civic officials, along with a handful of real estate developers and development sites, to forge ahead with Plan B.