Retail Midwest Marcus & Millichap: Retail on the rebound, but Midwest cities lagging How busy was the retail sector in the United States last year? Marcus & Millichap says that retailers absorbed nearly 75 million square feet in 2014. That easily eclipsed the nearly 40 million square feet of new retail space delivered during the year.
CRE Midwest JLL to reinvent HQ office Consistent with its focus on creating value from real estate, JLL is putting its own workplace experts to work in coordination with Gensler’s architecture and design professionals to revitalize its five-floor headquarters office at Aon Center.
CRE Midwest Steven Podolsky's undeniable passion for industrial real estate Steven Podolsky entered the business of industrial real estate through osmosis. About 44 years ago his father, Milton Podolsky, started what is now Podolsky|Circle CORFAC International.
CRE Midwest Cushman & Wakefield's Matthew Cowie joins the firm's city industrial services team Chicago’s Cushman & Wakefield announced that Matt Cowie – previously with the firm’s downtown Office Tenant Rep group – has stayed with the firm but joined their City Industrial Services Team.
CRE Midwest The Chicago Chapter of Society of Industrial & Office Realtors announces 13th Annual Chapter Awards The Chicago Chapter of the Society of Industrial and Office Realtors recently presented the 13th Annual Chapter Awards in a presentation held at the Society’s luncheon at Café Le Cave in Des Plaines, Illinois.
CRE Midwest Construction demand exploding in 2015- yet costs complicate recovery Building revenue and demand for new commercial construction may be rising fast—but so are costs. Profitability for new commercial building projects will be tricky in 2015, as soaring demand may not lead to soaring profits.
Multifamily Midwest Over 200 attend IREJ's Metro-Chicago Apartment Summit- It's all about amenities! Amenities proved to be the hot topic during Illinois Real Estate Journal's Metro-Chicago Apartment Summit held yesterday at Germania Place.
CRE Midwest Kiser Group brokers five multifamily property sales Kiser Group, Chicago’s leading mid-market commercial real estate brokerage firm, has announced five Chicago-area property sales valued at more than $12.5 million closed since the start of 2015.
CRE Midwest LISC Chicago's Neighborhood Development Awards honored transformative projects across the city More than 1,400 community developers, business leaders, neighborhood advocates and elected officials came together on Tuesday, February 17, 2015 for the 21st Annual Chicago Neighborhood Development Awards (CNDA), where eight organizations were honored for their achievements in community development and architectural design.
CRE Midwest Daniel Niewoehner joins HOK as science + technology leader in Chicago Daniel Niewoehner, AIA, has joined HOK’s Science + Technology practice as vice president and regional practice leader in Chicago.
CRE Midwest Paying too much in Cook County real estate taxes? This morning's Guest Speaker at the Chicago Association of REALTORS Commercial Forum was Cook County Assessor, Joe Berrios. He gave a very informative update on several topics that could affect Commercial Real Estate in the Chicagoland area; good and bad.
CRE Midwest Karl Heitman: Working in the right industry for more than 20 years Karl Heitman moved to the Chicago area from Texas in 1986, to design office development projects. The work was primarily for Trammell Crow Company, and the company was actively working in many Midwest cities and Canada. Heitman never expected to get into the industrial market, but the office market took a downturn in late 1980’s and he was …
CRE Midwest Mark Wight: Great firm, great people, great job! Mark Wight’s first job at Wight & Company was during high school. He worked as a rod man on a surveying crew, and then left for college and law school. Wight was practicing law in Seattle and speculating in real estate when his father got sick. He said his father asked him to come back for a while to help with the company. Wight agreed to c…
CRE Midwest Waterton Associates enters Houston market with acquisition of 320-unit apartment community Waterton Associates LLC, a U.S. real estate investor and operator, has entered the Houston market with its acquisition of the Villas at Hermann Park.
CRE Midwest Zach Pruitt & Stevan Arandjelovic join NelsonHill NelsonHill announced that Zach Pruitt, Senior Vice President and Stevan Arandjelovic, Associate have recently joined the firm.
CRE Midwest MBRE's Ann Tomlinson: Integrity of relationships is what matters most Ann Tomlinson, SVP of Leasing Services at MB Real Estate has 30 years of experience in commercial real estate representing 11 million square feet of institutionally owned office product in Chicago where she has closed transactions valued in excess of $1 billion.
CRE Midwest Kiser Group brokers $33M sale of Mount Prospect apartment complex Kiser Group, Chicago’s leading mid-market commercial real estate brokerage firm, announces the sale of Mount Prospect Greens, a 344-unit, 14-building apartment complex on a 20-acre parcel in Mount Prospect, Ill.
CRE Midwest Irongate Management named 'National Management Company of the Year' Irongate Management, LLC, a leading manager of multifamily properties throughout the U.S., today announced that it was named the 2014 National Management Company of the Year by the Apartment Association of Kansas City (AAKC).
CRE Midwest A deal where everyone won; Venture One's 1300 Naperville Road According to Venture One’s Matt Goode, the building located at 1300 Naperville Road is an interesting one. Located in the heart of Romeoville, in the I-55 corridor, it was built in the very late 1970s and then added on to.