More than 200 results for “construction”
Multifamily N Illinois

Fulton Market loft apartments sell for $40 million

Cushman & Wakefield’s Midwest multifamily advisory group has brokered the $40,150,000 sale of 13thirteen Randolph Street Lofts, a 74-unit mixed-use property at the southwest corner of Randolph and Elizabeth streets in the West Loop’s Fulton Market District. The per-unit price is one of the highest paid so far this year in Fulton Market, acc…

Net Lease N Illinois

JLL closes sale of new retail property in suburban Chicago

JLL closed on the sale of a newly constructed, 18,000-square-foot, single-tenant retail property that is triple-net-leased to Goodwill in the Chicago suburb of Glenview, Illinois. JLL marketed the property on behalf of the seller, a Chicago-based merchant developer. Best Properties LLC of Florida purchased the asset in a 1031 exchange.

Office N Illinois

Chicago may be in a fix when it comes to flex office

| Matt Baker

Despite the recent struggles of a certain juggernaut provider, all expectations are that the coworking and flexible office segment will only flourish in the U.S. over the next decade. Some cities will see larger growth than others, however, and Chicago might not match the rate of expansion in other markets.

CRE v Wisconsin

Berkadia adds new talent to Milwaukee team

Berkadia has added director Joe Thomae to its Milwaukee mortgage banking team. With a diverse background in LIHTC, workforce and special needs housing, Thomae will expand the team’s expertise in the affordable housing space. He will report to senior managing director Mark Dellonte.

CRE v Wisconsin

Commercial Real Estate Hall of Fame: Michael Best & Friedrich's Green

| Dan Rafter

Each week, Midwest Real Estate News highlights the career of a new member of its Commercial Real Estate Hall of Fame. This week, we look at the success of Michael Green, a partner with Madison, Wisconsin’s Michael Best & Friedrich LLP. Green is also project development and finance and public-private partnerships lead with the firm.

Industrial N Illinois

Activity and demand hold steady at O’Hare

| Matt Baker

Through the third quarter of 2019, robust demand has continued to drive activity in Chicago’s overall industrial market. In the O’Hare area, the need for logistical, flex, as well as manufacturing space is keeping the submarket active.

Industrial N Illinois

Industrial sentiment stays strong as we sail into 2020

| Matt Baker

There are strong headwinds that may turn the bull real estate market bear, such as a decelerating economy and a simmering trade war. But a new sentiment survey suggests that the industrial sector is riding a separate current that should propel it beyond any slowdown in the overall market.

CRE N Illinois

Wiegmann Associates wraps HVAC work at St. Louis-area corporate HQ

Wiegmann Associates has completed HVAC work on the new corporate headquarters for Budnick Converting Incorporated in Columbia, Illinois, in the St. Louis metropolitan area. The 112,000-square-foot facility features a temperature-controlled warehouse required for stable storage of adhesive products, administrative offices and a cafe.

Finance Midwest

Financing the new kids on the block: Co-living, cannabis and workforce housing

| Matthew Wurtzebach

As 2019 draws to a close, investor interest is growing in several emerging assets, including co-living, workforce housing and cannabis tenants. Matt Wurtzebach, senior vice president in the Commercial Finance Group at national real estate services firm Draper and Kramer, Incorporated, shared his thoughts with Midwest Real Estate News about …