CRE N Illinois Stockbridge adds associate to Chicago office Stockbridge, a San Francisco-based real estate investment firm, has hired Thomas Grusecki Jr. as an associate on the firm’s Chicago team. With more than 8 years of real estate investment and acquisition experience, Grusecki will focus on capital markets activities for the firm’s Core and Value-Added Business nationally.
Industrial N Illinois Westmount, Stockbridge JV acquires 1.7-MSF Chicagoland industrial portfolio Westmount Realty Capital and Stockbridge have partnered to acquire a 1.7 million-square-foot light industrial portfolio in the Chicago region. Stockbridge acquired the portfolio on behalf of the firm’s Value Fund III, a closed-end value-add vehicle. The portfolio includes 38 buildings in some of Chicago’s most sought-after submarkets includ…
CRE N Illinois Industrial leader Steve Bass joins NAI Hiffman as senior vice president NAI Hiffman announced that Steven D. Bass has joined the firm as senior vice president with the industrial services team. He brings nearly 20 years of experience representing local companies, corporate organizations and institutional owners in executing commercial real estate strategies throughout Chicagoland and nationally.
Industrial N Illinois Lee & Associates of Illinois negotiates two industrial leases in Elgin Lee & Associates has closed two lease transactions totaling 202,750 square feet in Elgin, Illinois. In both transactions, Steve Bass, executive vice president, and John Sharpe, principal, of Lee & Associates’ Illinois office, represented the owner, Stockbridge Capital Group.
Retail V Michigan Friedman sells 95,000-square-foot retail center in Flint Friedman Real Estate recently sold West Acres Commons, a 95,139-square-foot retail center at 5024 – 5096 Corruna Road in Flint, Michigan.
Industrial N Illinois Industrial lease renewal and expansion in Elgin Lee & Associates has closed an industrial lease renewal and expansion on a 59,923-square-foot industrial space located at 2570 Northwest Parkway in Elgin, Illinois.
Industrial N Illinois NAI Hiffman represents Stockbridge Capital Group in lease renewal NAI Hiffman’s industrial services team recently completed a lease renewal at 355-359 Longview Drive in Bloomingdale, Illinois on behalf of Stockbridge Capital Group. The property is currently 100 percent leased.
Industrial N Illinois Lee & Associates negotiates lease renewal, expansion Lee & Associates closed a lease transaction for a 117,748-square-foot industrial space located at 2550-2560 Northwest Parkway in Elgin, IL.
Industrial N Illinois Lee & Associates finalizes lease renewal in Elgin Lee & Associates has negotiated a lease renewal on 100,014 square feet located at 2300 Galvin Drive in Elgin, IL.
CRE N Illinois Chicago Real Estate Council's capital markets outlook The Chicago Real Estate Council brought together a prestigious group of lenders to discuss the state of the commercial mortgage lending market, 2018 production forecasts and market trends. The presentation, Real Estate Capital Markets Outlook, was held on February 20, 2018 at Maggiano’s Little Italy.
Industrial N Illinois NAI Hiffman completes 197k-square-foot industrial lease NAI Hiffman facilitated a transaction that saw Really Useful Boxes, Inc. signing a new lease at 355 Longview Drive in Bloomingdale, IL. NAI Hiffman executive vice presidents Mark Moran and Steve Connolly, SIOR, along with associate Brett Tomfohrde, represented the owner, Stockbridge Capital Group, LLC.
Industrial Midwest Venture One, Stockbridge break ground on new spec distribution facility in Romeoville Amenities such as 32’ clear height, ESFR sprinklers, 185 foot truck court and abundant car and trailer parking for up to 56 trailers and 200 autos have been incorporated into the design of this building.
Retail V Michigan Stockbridge Northridge LLC acquires Three Rivers Shopping Center in Michigan The center sits across from Home Depot and Meijer, and is adjacent to Applebee’s Restaurant and a recently constructed Menard’s Supercenter.
Industrial Midwest NAI Hiffman to manage Stockbridge's 2.6 million-square-foot Elgin industrial portfolio This latest assignment adds to NAI Hiffman’s existing management portfolio with Stockbridge involving 3 buildings totaling 900,000 square feet, for a combined total of 3.5 million square feet.
CRE Midwest Fremont International Trading renews 20,369-square-foot industrial lease at Northwest Business Park Lee & Associates negotiated a lease renewal in Northwest Business Park I at 2800 Galvin Drive in Elgin. Fremont International Trading (FIT) leased a total of 20,369 square feet of industrial space in the 117,000 square foot facility.
Office Midwest Stockbridge enters Nashville office market with $44.5M office campus acquisition The six-building campus is situated on 13 acres in the city of Franklin. Amenities include walking paths, year-round water features, on-site café, and an interior courtyard with access to tenant spaces, providing a unique and collaborative environment.
Industrial Midwest Prospective companies hit traffic en route to O’Hare and I-90 Corridor, all want in Chicago CRE truly outdid itself in 2015. Submarkets like the I-80, I-88, I-90 and I-294 Corridors, as well as the O’Hare market have had no issue attracting industrial investors. Activity has been rock solid in terms of what’s coming in, and there’s no other way the industry wants it.
Industrial Midwest Lee & Associates announce June transactions, closes five industrial sales in Illinois Lee & Associates announced its June transactions, which includes seven industrial, and one lease sale—Five of the industrial are in Illinois, one in Wisconsin, and one in Indiana.
CRE Midwest Lee & Associates announce November transactions Lee & Associates announce November transactions.
CRE Midwest Medela Inc. leases a 154,523 SF warehouse in Elgin Medela Inc. has leased 154,523 SF of warehouse space located at 2768 Spectrum Drive in Elgin.