141 results for “Schaumburg”
Retail N Illinois

Flagships and the suburbs driving retail in Chicago

| Matt Baker

A growing economy and corporate expansions have led to escalating household incomes, providing consumers increased discretionary funds. According to Marcus & Millichap’s latest market report, retailers have taken notice. Activity in the suburbs improved over the rest of the metro in the last year, while new flagship stores have come to or a…

Office N Illinois

Bridge Investment buys Art Deco office tower in Chicago, One N. LaSalle

A subsidiary of Bridge Investment Group, Bridge Office Fund Manager LLC, purchased One North LaSalle, a 47-story, 493,738-square-foot vintage office tower centrally located in downtown Chicago. Terms of the transaction were not disclosed, though the sellers—a joint venture of Northbrook-based Hilco Real Estate and two MB Real Estate executi…

Office N Illinois

Attracting tenants to suburban offices: Service is key

| Matt Baker

On Thursday, September 20, 2018, REjournals hosted the 3rd annual Suburban Office Market Conference, co-hosted by GlenStar Properties. More than 150 industry professionals flocked to the Schaumburg Corporate Center to hear about the latest trends on the office market outside the urban core.

Office N Illinois

The state of the suburban Chicago office market

HFF director Bryan Rosenberg is speaking at our 3rd Annual State of the Suburban Office Market conference on September 20. The event features two panel discussions, “State of the Suburban Office Market,” for which Rosenberg is a panelist, and “Reassessing the Suburban Workplace: Keys to Attracting, Retailing Tenants.” The conference begins …

Office N Illinois

Rewired: A time of change for modern offices

| Matt Baker

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.

Industrial N Illinois

Where Chicago is headed: A Q&A with Colliers’ Jim Carris

| Matt Baker

Industry veteran Jim Carris recently joined Colliers International as executive managing director and market leader for the firm’s operations in Chicago. Carris brings to his new role over 25 years of experience in all sectors of commercial real estate, making him a prime candidate to probe for answers about the state of the Chicago economy…

Multifamily N Illinois

Berkadia negotiates $5.8M multifamily sale in Schaumburg

Berkadia facilitated the sale of Hawthorn Estates, located at 1919 Prairie Square in Schaumburg, Illinois. Ralph DePasquale, Alex Blagojevich and Parker Stewart of the Chicago office negotiated the transaction on behalf of Chicago-based seller, Bender Companies. An affiliate of Elmhurst, Illinois-based Lawton Realty Group, Inc. purchased th…

Retail N Illinois

Anchors away: Are these malls in danger?

| Matt Baker

Ever since the mid to late 20th Century when modern malls were first developed, anchor tenants have controlled much about how these retail centers operate. Leveraging the foot traffic that they draw in, for example, anchors have historically enjoyed nominal rents that are a fraction of the per-square-footage rate that smaller, in-line tenants pay.

CRE N Illinois

Principle Construction Corp. adds Jonathan Anderson

James Brucato and Mark Augustyn, principals with Principle Construction Corp., announced that their firm has hired Jonathan (Jon) Anderson as an assistant project manager. Anderson earned a bachelor’s degree in civil engineering with a primary focus in construction management from the University of Illinois at Urbana-Champaign. He served as…

Office N Illinois

BOMA/Suburban Chicago announces 2018 Regional TOBY winners

The North Central Region of the Building Owners and Managers Association (BOMA) International recently announced the Regional winners of The Outstanding Building of the Year (TOBY) Award competition. Four Regional TOBY Award winners are members of BOMA/Suburban Chicago and management teams were notified last week with a surprise visit from …