CRE N Illinois SIOR Chicago announces 17th annual chapter award winners The Chicago Chapter of the Society of Industrial and Office Realtors recently presented the 17th Annual Chapter Awards in a presentation held on February 26.
CRE N Illinois Lee & Associates of Illinois welcomes Brent De Noble Lee & Associates of Illinois recently hired long-time real estate veteran, Brent De Noble, who will serve as a senior vice president out of the firm’s Rosemont, Illinois office. He specializes in the disposition, acquisition and leasing of industrial properties, office buildings and land.
Multifamily b N Dakota NorthMarq sells five-property manufactured housing portfolio in North Dakota NorthMarq Multifamily’s National Manufactured Housing group closed the sale of a five-property portfolio in Minot, North dakota, and the expansion of the team with the addition of broker Jared Bosch.
Retail N Illinois Woodgrove Festival retail center sells for $20M in Chicago suburbs Holliday Fenoglio Fowler, L.P. (HFF) announced the sale of Woodgrove Festival, a 157,276-square-foot retail center in the Chicago suburb of Woodridge, Illinois. The HFF team marketed the property on behalf of the seller, Kimco Realty Corporation. North American Real Estate (NARE) purchased the asset for $20 million.
Healthcare N Illinois The next CRE disruptor: Pharmacology incubator labs Drug makers and other major life sciences companies are working with savvy CRE professionals to bring new life sciences incubator spaces into the market in hopes of fostering the next new innovation. As startups continue to drive life sciences innovation at a startling pace, there are new opportunities on the horizon for both Big Pharma and…
Industrial N Illinois Meridian begins construction on 124k SF spec building in Woodridge Meridian Design Build recently started construction on a 124,575-square-foot, speculative, multi-tenant industrial facility for Molto Properties at 2379 Davey Road in Woodridge, Illinois. The project is located between I-55 and I-355 with superb access to both highways.
Industrial N Illinois Krusinski Construction completes buildings in Woodridge and Niles Krusinski Construction Company wrapped up two projects, a multi-tenant spec building and a warehouse, in Woodridge, Illinois and Niles, Illinois.
Industrial N Illinois NKF arranges sale of mixed-use property Woodridge NKF arranged the sale of a 103,241-square-foot property including office, laboratory and warehouse space in Woodridge, Illinois.
Industrial N Illinois NKF arranges sale of mixed-use property Woodridge NKF arranged the sale of a 103,241-square-foot property including office, laboratory and warehouse space in Woodridge, Illinois.
Office N Illinois Morgan/Harbour relocates office headquarters to Willowbrook Morgan/Harbour Construction, a design-build, general contracting and construction management firm, announced its office headquarters has relocated to Willowbrook from Woodridge.
Seniors Housing N Illinois Senior Living Investment Brokerage closes sale of 60-unit supportive-living facility in Illinois Ryan Saul of Senior Living Investment Brokerage facilitated the sale of Woodridge Supportive Living, a supportive-living facility in Pontiac, Illinois. The facility totals 60 units.
Industrial N Illinois Newmark Grubb Knight Frank closes 121,000-square-foot lease in Woodridge business park Newmark Grubb Knight Frank recently completed a long-term, 121,663-square-foot lease to an undisclosed food and beverage company at 9020 Murphy Road in Union Pointe Business Park in Woodridge, Illinois.
Industrial Midwest Venture One Real Estate acquires 51,773-square-foot industrial building in Woodridge, Illinois The 24’ clear precast building is 75 percent occupied with a 12,800-square-foot vacant unit. It was constructed in 2000 and is located near the I-55/I-355 interchange in Chicago’s I-55 submarket.
Office Midwest Mixed-use office, industrial property nearing completion in Woodridge The LEED-certified, single-story building being developed by Lakeview Realty Investors is located on a 7.2-acre site in the Woodhill Crossings Business Park, near I-55 and I-355.
Industrial Midwest RJW Transportation extends and expands lease to 231,250 square feet in Woodridge, Illinois San Francisco-based real estate investment and development firm, Bristol Group, Inc., recently signed a seven-year lease extension and expansion at its Wood Hill Crossing Business Park in Woodridge, Illinois, with RJW Transportation, Inc.
Industrial Midwest Construction on new 145,200-square-foot HQ for food manufacturer now underway at Union Pointe The new facility represents the latest development at Conor Commercial Real Estate's industrial business park located at the northeast quadrant of I-355 and I-55.
CRE Midwest Lee & Associates' Terry Grapenthin: 'Once you have the knowledge of the CRE market, the sky’s the limit in this business' Many of Terry Grapenthin's industry colleagues know him as a principal at Lee & Associates. What most don’t know is that when he’s not overseeing the company’s overall direction, Grapenthin enjoys thrilling adventures and spending time out on the boat, fishing. He hopes to one day check sky-diving off of his bucket list and even has a set b…
Industrial Midwest Brown Commercial Group completes total of 32,000 square-feet in suburban transactions Brown Commercial Group, based in Elk Grove Village, Illinois, completed six suburban lease transactions, totaling 32,000 square-feet, in the northwest and western suburbs.
CRE Midwest Enterprise Recovery Systems, Inc. signs lease for 77,000 SF Woodridge office Cushman & Wakefield (C&W) of Chicago announced that Enterprise Recovery Systems, Inc. (ERS), represented by Jordan Rovito, Director and Alex Smith, Executive Vice President, has executed a long term lease on a 77,000 sq. ft. office building located at 840 S. Frontage in Woodridge, Illinois.
CRE Midwest The Year in Review for 2014 As we head into the final month of 2014, it is significant to note that this has been a strong year for industrial real estate.