Office N Illinois Rewired: A time of change for modern offices The pace of change within the American office has quickened over the past 10 years. Not just in the technology that people use, but also in how that technology unyokes them within the workspace. Building owners and managers who aren’t paying attention may be left behind.
Office Midwest Midwest Commercial Real Estate Hall of Fame: NKF's William Rolander Jr. Each year, Midwest Real Estate News runs its Commercial Real Estate Hall of Fame issue. This year, we are also running the profiles in that issue online, with the hope of showing our readers what it takes to thrive in the CRE business. This time, we look at the career of William Rolander Jr., executive managing director with the Chicago off…
Office N Illinois Chicago's office market had a strong first half and looks good going forward Vacancy plummeted in downtown Chicago during the second quarter as companies continue to expand their presence. With a vibrant urban core that boasts a lifestyle attractive to many young professionals, many corporations are motivated to expand their workforces in Chicago, boding well for the city’s office property performance.
Office N Illinois Facebook leases 263,000 square feet in new Chicago office tower Social media giant Facebook has taken on a sizable office lease in Chicago’s Loop. According to a report by the Chicago Tribune, the Menlo Park, California-based tech company leased 263,000 square feet in 151 N. Franklin Street, the John Buck Company’s recently completed 35-story office building.
Office N Illinois WiredScore establishes Chicago as a flagship market, announces 16 launch partners WiredScore, the world’s leading rating system for technological capacity in commercial buildings, today announced the official launch of Chicago as a flagship market for the company. Founded in New York City in 2013, WiredScore has expanded the Wired Certification platform to six countries in the past five years.
Office N Illinois WiredScore expands into Chicago with hire of former Colliers VP Christine Torres WiredScore, a New York-based company that rates systems for technological capacity in commercial buildings, announced that Christine Torres, formerly a vice president at Colliers International, has joined the company as head of WiredScore Chicago. WiredScore has expanded its Wired Certification platform to six countries and has chosen to in…
CRE N Illinois John Buck returns to head his namesake commercial real estate firm Chicago-based The John Buck Company (JBC) has announced an organizational realignment that will return John Buck to the role of CEO. Other moves include Kevin Hites, chief investment officer adding the title of president and the appointment of Ben Kochalski, principal, to the board of directors and investment committee. The company’s former…
Office N Illinois Publicis expands lease in Leo Burnett Building, will now occupy 681k SF CBRE represented the owner of 35 W. Wacker Drive, an investor account advised by the U.S. real estate business of UBS Asset Management, in the extension and expansion of a lease for Paris-based media firm Publicis, which will now occupy 681,545 square feet at the marquee property in Chicago. Known as the “Leo Burnett Building,” the property…
CRE N Illinois CRE Profile: Podolsky Circle's Bob Dahlgren Bob Dahlgren was recently announced as senior director of property management at Podolsky Circle CORFAC International. A native of south suburban Orland Park, Dahlgren still lives in the area with his wife of 30 years.
CRE N Illinois Robert Dahlgren joins Podolsky Circle CORFAC International Podolsky Circle CORFAC International is pleased to announce that industry veteran Robert Dahlgren has joined the firm as senior director of property management. Bringing over twenty-five years of industry experience to his role, Dahlgren is known for his professionalism and ability to deliver solutions across diverse portfolios.
CRE N Illinois Sterling Bay snags Developer of the Year award in NAIOP’s 2017 Awards for Excellence More than 900 guests attended NAIOP’s 2017 Chicago Awards for Excellence event and dinner at Navy Pier on Thursday evening. Attendees cast their votes throughout the evening and named Sterling Bay as the Developer of the Year.
Office N Illinois Boundaries of Chicago's CBD continue to push outward with new construction Tenants looking for office space have a lot more options than they did last year, and projects currently under construction continue to test the boundaries of Chicago's central business district.
Multifamily N Illinois JBC opens leasing center for 3Eleven The John Buck Company opened a leasing center for its new residential building located at 311 W. Illinois St., according to a company statement.
Office N Illinois NKF's Bill Rolander talks work-life balance, international deals and advice to live by When asked what his career has taught him, Illinois-native and executive managing director at NKF Bill Rolander quickly answered with one word—balance.
Office N Illinois Northern Trust to lease office space at ‘big red’ CNA building Northern Trust will occupy 462,000-square-feet of space at 333 South Wabash with the opportunity to expand up to 750,000-square-feet in the future, according to a statement from NKF.
Retail i Ohio Amazon on a hiring spree in the Midwest Amazon is going on a hiring spree, and those living in towns in Ohio, Wisconsin, Tennessee, Kentucky, Illinois and Indiana might benefit.
Office Midwest Newmark Grubb Knight Frank recruits pair of office specialists from JBC Newmark Grubb Knight Frank announced that Bill Rolander and Jon Cordell have joined the firm’s Chicago office as executive managing director and senior managing director.
Office Midwest Lots of movement in Chicago’s CBD: Office tenants actively seeking area for their new space Office especially saw an impressive second quarter in the Central Business District (CBD), where vacancy decreased from 11.97 percent to 11.65 percent—the lowest it’s been since 2008, according to MB Real Estate’s Q2 Chicago CBD research report.
Office Midwest HFF arranges $233.3 million construction loan for development of CNA Center in Chicago's West Loop HFF worked on behalf of the developer, The John Buck Company, to place the construction loan with Bank of the Ozarks. The tower is currently under construction and will be completed in the summer of 2018.
Office Midwest Fulcrum Asset Advisors acquires three buildings within suburban office park Fulcrum Asset Advisors completed its acquisition of three properties within the Parkway North Complex in Deerfield, totaling 484,328 square feet.