63 results for “Wheeling”
Retail N Illinois

CMX CineBistro to open at Wheeling Town Center

On February 14, CMX CinéBistro Wheeling is set to open in the Wheeling Town Center as the retail anchor for the space which opened in Spring 2019. This newest addition to the Wheeling, Illinois development is the largest tenant and will occupy 40,000 square feet and bring the Wheeling Town Center to 97 percent capacity.

Office N Illinois

The nonprofit niche: A world of low rents and high concessions

| Matt Baker

A nonprofit organization is an office user unlike any other, one that usually commands the lowest rents in a property or that is able to negotiate generous concession packages. But tenant reps will have to take a customized approach, based on deep market knowledge, to nail down the deals that these firms don’t just want—they need.

Office N Illinois

The 'burbs are still an office draw

| Matt Baker

More than 150 people packed into the recently renovated atrium of President’s Plaza near O’Hare for the 4th annual State of the Suburban Office Conference, co-hosted by GlenStar. The dozen expert speakers on hand had much to say about the state of affairs for the office market outside the influence of downtown Chicago.

CRE N Illinois

Heroes at Heartland honors four organizations

The Heroes at Heartland steering committee, led by Great River Economic Development Foundation (GREDF) and partners, decided to award four organizations for their continuing efforts towards veteran services. Awards to organizations total $5,000 and include: Great River Honor Flight ($2,000), Tri-State Warrior Outreach ($2,000), Dot Foods Ve…

Retail N Illinois

Retail is dead. Long live retail.

| Matt Baker

There have been plenty of obituaries written for retail real estate, an unfortunate casualty of consumers’ choosing to shop online. But the sector isn’t moribund, it’s molting. Five-and-dimes and malls were once the hot new thing before becoming passé; this is just the next step in the evolution of physical retail.

Multifamily N Illinois

Wheeling Town Center residences open

The ONE luxe apartments complex at Wheeling Town Center officially opened in Wheeling, Illinois. CallisonRTKL served as the architect, working in partnership with Wheeling Town Center’s developer, The Lynmark Group. The residences are phase I of a two-part Wheeling Town Center master plan.

CRE N Illinois

CRE Future Leaders: Cal Payne

| Matt Baker

A member of CBRE’s agency and occupier brokerage groups, Cal Payne advises clients in the leasing, acquisition and disposition of industrial facilities throughout North America. Since 2012, he and his team have completed over 300 transactions totaling more than 24 million square feet and valued at over $850 million.

Industrial N Illinois

Northern segment of Chicago MSA sees variegated industrial activity

| Matt Baker

For the second quarter in a row, leasing velocity increased in Chicago’s overall industrial market, totaling 10.1 million square feet during the third quarter of 2018. According to a Research & Forecast Report by Colliers International, the northern submarkets had varying changes to absorption and vacancy, though mostly improved.

Industrial N Illinois

Venture One fund purchases Wheeling industrial building

Venture One Real Estate—through its acquisition fund, VK Industrial IV, LP, a partnership between Venture One and Kovitz Investment Group—has closed on the acquisition of a 34,812-square-foot industrial building located at 504 Glenn Avenue in Wheeling, Illinois. The acquisition was a sale-leaseback with seller, who consolidated into the sou…

CRE N Illinois

CRE Future Leaders: Jeff Lizzo

| Matt Baker

As part of our series, CRE Future Leaders, we caught up with Jeff Lizzo, vice president of brokerage for STREAM Capital Partner's Chicago office. Lizzo works with private and institutional owners of net leased real estate and corporate owners who want to unlock value from their real estate via sale leaseback transactions.