More than 200 results for “Value City”
CRE N Illinois

CRE Future Leaders: Abe Eilian

| Matt Baker

As part of our series, CRE Future Leaders, we caught up with Abe Eilian, director at Essex Realty Group. He concentrates primarily on asset valuation, market research and transaction analysis, assisting clients in the acquisition and disposition of investment real estate throughout the greater Chicago metropolitan area. To date, Eilian has …

CRE Midwest

CREW selects leaders for 2019

Six commercial real estate leaders were elected to the 2019 CREW (Commercial Real Estate Women) Network Board of Directors, which will be led by Holly Neber, CEO of AEI Consultants. The announcement was made at the 2018 CREW Network Convention and Marketplace in San Diego, Calif. 

Hospitality N Illinois

Red Roof expands The Red Collection with Springfield hotel

State House Inn, the second property and first franchised property in The Red Collection, Red Roof’s first soft-brand, has opened in Illinois’ capital city, Springfield. Located in the heart of downtown, the property features 125 guest rooms and has undergone a full renovation. The property is owned by Vendian Capital Management and managed…

CRE N Illinois

Can the Kinzie Industrial Corridor repeat Fulton Market's success?

| Matt Baker

In May, Chicago’s Department of Planning and Development (DPD) initiated a process to review and enhance the Kinzie Planned Manufacturing District as part of Mayor Emanuel's initiative to maintain the area as an economic engine. On Tuesday, DPD officials unveiled their latest version of the plan, but some in the industry say it doesn’t go f…

CRE v Wisconsin

Developers keep flocking to downtown Milwaukee

| Dan Rafter

Looking for a Midwest city that's firmly in boom mode when it comes to commercial construction? Look to Milwaukee. Developers today have flocked to downtown Milwaukee, thanks in part to the Fiserv Forum, a 730,000-square-foot, 17,500-seat, multi-purpose arena now under construction in the city's downtown. 

Retail N Illinois

Empty storefronts pose unique retail opportunities

| Matt Baker

Over 2,500 storefronts closed during the first half of this year, with another 500+ retail locations expected to follow suit before the year is out. But all is not lost. According to a new retail outlook research report by JLL, these store closures present an opportunity for new retail and new uses, whether those vacancies are in strip mall…

Hospitality N Illinois

The St. Clair Hotel officially opens in downtown Chicago

The St. Clair Hotel is set to open in downtown Chicago at 162 E. Ontario Street, just one block from Michigan Avenue. The first property in The Red Collection, Red Roof’s first soft-brand, the hotel is designed to give guests an authentic upper-midscale experience at a value price. A restaurant is scheduled to open on the premises in the fu…

CRE N Illinois

CRE Future Leaders: Anthony Mulé

As part of our series, CRE Future Leaders, we caught up with Anthony Mulé, director of real estate analysis at Valbridge Property Advisors. Mulé has more than 10 years of experience in the commercial real estate industry, primarily focusing on commercial valuation and consulting. He joined Valbridge in the Fall of 2017.

CRE V Michigan

Detroit on the rise: The return of the Renaissance City

| Steven Siegel

On June 18, hundreds gathered around the Michigan Central Depot, Detroit’s 500,000-square-foot decrepit former central train station. The building has served as a symbol of the city’s various ailments wrapped up in one gigantic piece of real estate: globalization, lack of opportunities, civic mismanagement. Yet, this time the crowd was not …

CRE Midwest

The best secondary market in the Midwest for investors? It might be Nashville

| Dan Rafter

It’s increasingly difficult for commercial real estate investors to earn strong returns in big cities such as New York, Los Angeles and San Francisco. That’s because commercial real estate values in these markets have hit all-time highs while cap rates are as tight as they’ve ever been. Because of that, investors are increasingly turning to…