More than 200 results for “contract”
Industrial N Illinois

Batavia spec industrial property leases up

Nick Eboli and James Planey, SIOR of Lee & Associates recently closed out leasing contracts for all 137,000 square feet of a new, spec industrial building at 1200-1270 Douglas Road in Batavia, Illinois. The building, built by Morgan / Harbour Construction for a local owner/developer, was completed in February 2018.

Multifamily N Illinois

Did Chicago just deep-six deconversions?

| Matt Baker

Chicago’s City Council has passed a resolution to increase the voting threshold on condo deconversions. Now, any building looking to switch from condo to rental will need the assent of 85 percent of the condo owners, instead of the 75 percent threshold that previously held true.

CRE N Illinois

Building a case for design-build

| Matt Baker

There’s been a revision of late to the process of designing and constructing commercial properties. And it’s almost a return to form, as the design-build method that has been gaining traction emulates the days of the Master Builder.

CRE N Illinois

Related Midwest begins construction on Wells-Wentworth Connector at The 78

Related Midwest has begun work on the Wells-Wentworth Connector, the long-anticipated link that will connect downtown to Chinatown by way of The 78, the developer’s vibrant, mixed-use community along the Chicago River. Part of the first phase of the development, the infrastructure work will provide additional thoroughfare for drivers and sa…

CRE N Illinois

NAI Hiffman appoints Kastner to CFO and Kenny as SVP, project management

Oakbrook Terrace, Illinois-based commercial real estate firm NAI Hiffman has appointed Annette Kastner to chief financial officer and director of accounting services. Additionally, NAI Hiffman announced Peter Kenny has been appointed to senior project management to support the growth of its project management platform; he will report to man…

CRE N Illinois

Related Midwest names Kiera Ellis director of public affairs

Related Midwest has hired Kiera Ellis as director of public affairs. In this position, Ellis will collaborate with executives, community members and the media to help lead and support Related Midwest’s work in various neighborhoods. She will serve as a key liaison to civic, business advocacy and trade groups, as well as nonprofits and local…

Multifamily N Illinois

SVN brokers East Village multifamily sale for $1.3M

A four-unit multifamily building which featured recent gut renovation sold at 1761 W. Augusta Boulevard in Chicago’s East Village neighborhood. SVN Chicago Commercial’s Cawthon-Labriola Group advisors Paul Cawthon and Angelo Labriola were the sole brokers in the transaction. After receiving multiple offers, the property went under contract

CRE N Illinois

Property management best practices for 2019

| Matt Baker

Whether they are office, industrial, multifamily or retail, all commercial buildings have at least one thing in common. Without good property management, efficiency falters, occupant comfort declines and in the end, revenue plummets.