More than 200 results for “Illinois”
Industrial N Illinois

Bridge Development Partners promotes Steve Groetsema to COO

Bridge Development Partners, LLC, announced that Steve Groetsema of the company’s Chicago office has been promoted to chief operating officer. In his elevated role, Groetsema will support Bridge’s continued national and international industrial real estate portfolio expansion, in addition to enhancing the company’s internal infrastructure a…

Retail N Illinois

Urbanspace to bring new food hall to Chicago Loop

Food hall operator, Urbanspace, has signed a lease to bring a new food hall to Chicago’s Loop. The 12,000-square-foot facility will accommodate more than 20 vendors on the ground floor of the 15 W. Washington Building, once the home of Woolworth’s flagship store at Washington and State.

Industrial N Illinois

Chicago industrial activity up by 30%

| Matt Baker

The Chicago area remains a key industrial hub and target for investors, with the market experiencing a 30.4 percent increase in industrial sales activity year-over-year, through February 2019. Like many markets around the country, portfolio sales volume contributed to Chicago’s industrial velocity.

Hospitality N Illinois

Thomas Prins joins Hostmark Hospitality as minority partner

Thomas Prins, principal of TQP Capital Partners, a hotel real estate private equity firm focused on value-add and opportunistic investments, has joined Schaumburg, Illinois-based Hostmark Hospitality Group, a leading third-party hotel management company, as a minority partner. In his new role, Prins will be responsible for new business deve…

CRE N Illinois

Newmark Knight Frank welcomes Jimena Sayavedra as an associate

Newmark Knight Frank (NKF) announced that Jimena Sayavedra has joined the team as an associate in the company’s Chicago office. Specializing in industrial brokerage, Sayavedra will represent local and national clients, partnering with NKF senior managing director Elise Couston, SIOR, to advise clients on acquisitions, dispositions, leases a…

Multifamily N Illinois

West Loop condo building sells for $2.3 million

The 15,887-square-foot, value-add commercial condo at 400 S. Green Street in Chicago’s West Loop neighborhood sold to an out-of-state buyer. Wayne Caplan of SVN Chicago Commercial represented the seller, while SVN Chicago Commercial advisors Chad Schroedl, Adam Thomas and Scott R. Maesel represented the buyer, Vista Property Holdings, LLC. …

CRE Midwest

Choosing the right umpire a critical step in arbitration cases

| Gary DeClark, Valbridge Propery Advisors

In real estate arbitration matters, there are no simple means for challenging an “umpire’s” decision. Unlike the remedies that exist in most professional sports contests, there is no ability to throw the challenge flag or send it back to New York for further review.

CRE N Illinois

Lena Kitson promoted to principal at Gensler

Gensler Chicago announced that Lena Kitson has been newly appointed principal. Kitson is widely recognized for her skills as a design manager, with clients and industry experts seeking out her knowledge, management acumen and her leadership skills to lead their projects.

Retail N Illinois

Redevelopment coming to Vernon Hill's Hawthorn Mall

Centennial, a fully integrated real estate investment firm with a national portfolio of shopping, dining, entertainment and mixed-use destinations, announced a transformative redevelopment plan for Hawthorn Mall, a super-regional shopping center that has been the preferred retail and dining destination in Vernon Hills, Illinois, since 1973.