More than 200 results for “Wheelock Street Capital”
CRE N Illinois

Stuart Sziklas joins LaSalle as head of U.S. custom accounts

LaSalle Investment Management announced that Stuart Sziklas will join the firm as the head of U.S. custom accounts, effective September 3, 2019. Sziklas will relocate from Boston to LaSalle’s global headquarters in Chicago and report to Americas CEO Jason Kern. The appointment coincides with the transition of Karen Brennan to CEO of LaSalle…

CRE N Illinois

For the first half of 2019, cap rates remained stable

| Matt Baker

Thanks to moderate growth, low inflation and falling long-term interest rates, cap rates for commercial real estate assets held steady in the first half of 2019. In Chicago, two sectors have a favorable outlook as they came in below the national average.

Industrial N Illinois

Venture One acquires Des Plaines industrial portfolio

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 171,022-square-foot, two-building industrial portfolio located at 76 Bradrock Drive and 31 E Oakton Street in Des Plaines, Illinois. Both properties were vacant at acquisition.

Multifamily N Illinois

Avanath pays $55 million for affordable housing portfolio

Avanath Capital Management, a private real estate investment manager and Registered Investment Adviser, has purchased three affordable housing communities with a combined 317 units in Chicago and Maryland. The assets, which bring the company’s total holdings in Chicago to 1,063 units, were acquired for a total of $55.05 million.

CRE N Illinois

J.C. Anderson completes amenity space renovation at Aon Center

J.C. Anderson has completed a 29,000-square-foot renovation project at the Aon Center, 200 E. Randolph Street, Chicago. Known as “Cloud Level,” the space is now the highest fitness center and amenities space in the city. The new, modern space is accented by custom wood finishes and imported stone tops, intricate ceilings accompanied by fash…

Finance N Illinois

SomerCor names new managing director of communications and engagement

Chicago-based Small Business Administration (SBA) Certified Development Company (CDC) SomerCor has hired Kimberly Brisky as managing director of communications and engagement. Brisky is a public affairs professional with extensive experience in strategic communications, media relations and external affairs. She joins SomerCor to further ele…

Office N Illinois

Uber confirms 450,000-SF office lease at Old Post Office

Rideshare firm Uber has confirmed earlier reports and will lease 450,000 square feet in Chicago’s Old Post Office. It’s the largest of numerous leases in the redeveloping property and will be the tech firm’s biggest office outside of its San Francisco headquarters. Uber plans to move in by January 2020.

Retail N Illinois

Mid-America Real Estate arranges Sale of Midway Square in Chicago

Mid-America Real Estate Corporation’s investment sales team recently brokered the sale of Midway Square in Chicago. The 55,332-square-foot retail center was purchased by Denver-based Plaza Fiesta, LLC. The established shopping center is located in an urban neighborhood at the southeast corner of Pulaski Road and 51st Street, just adjacent t…