Net Lease Midwest Optimism reigns at fifth annual Net Lease Summit — but attendees warned to stick to their knitting About 175 commercial real estate and net lease investment professionals from across the country gathered July 25 at the University Club of Chicago for REjournals’ and Midwest Real Estate News’ fifth annual Net Lease Summit. The goal? To take a closer look at where the net lease industry stands at the midpoint of the year.
Retail N Illinois Leopardo renovates Dry Goods retail location in Deer Park, Illinois Leopardo has completed a 5,000-square-foot renovation of the Von Maur fashion retail store Dry Goods in Deer Park, Illinois, one of the largest locations in the country. After announcing the opening of 19 new stores in seven states, Leopardo was selected to complete five stores as part of the phased rollout in Illinois, Tennessee and Oklahoma.
Industrial N Illinois Capital availability may be drying up for select industrial products Industrial has been so sturdy for so long that it’s hard to remember a time when the asset class wasn’t the darling of commercial real estate. While e-commerce growth is expected to continue—and with it, the warehouses and logistics facilities that bridge the flow of goods from suppliers to consumers—there are a number of question marks at …
CRE N Illinois Krusinski Construction Company celebrates 45th anniversary When it first opened its doors in 1973 in Chicago, Krusinski Construction Company (KCC) was serving the regional Chicagoland area with two members on its staff, including founder, Joe Krusinski. Today, the now Oak Brook, Illinois-based firm is celebrating its forty-fifth anniversary with a staff of seasoned professionals and projects throug…
CRE X Missouri St. Louis' S.M. Wilson names assistant project manager St. Louis-based S.M. Wilson & Co. has promoted Josh Weber to assistant project manager.
Retail N Illinois Mid-America's Hoag: Double-decker tour bus operator, hostess and concierge Willie Hoag is one of those fortunate few: He’s found the career that perfectly suits his personality. Hoag’s natural gift for gab, his ability to relate to others and his sharp real estate mind are ideal traits for a career in commercial real estate.
Multifamily N Illinois Wicker Park Connection adds retail users, hits the market Two retail tenants, Philz Coffee and [solidcore], have signed leases at Wicker Park Connection, the mixed-use project co-developed by Hubbard Street Group and Centrum Realty and Development. Located just west of the intersection of Division Street and Ashland Avenue on Chicago’s Northwest Side, the new leases should attract buyers as the de…
Industrial N Illinois Where Chicago is headed: A Q&A with Colliers’ Jim Carris Industry veteran Jim Carris recently joined Colliers International as executive managing director and market leader for the firm’s operations in Chicago. Carris brings to his new role over 25 years of experience in all sectors of commercial real estate, making him a prime candidate to probe for answers about the state of the Chicago economy…
Office Midwest The big attraction for companies, residents? Midwest downtowns The big draw for a growing number of companies and residents? Busy, urban downtowns. And this trend is showing no signs of slowing in the Midwest.
Multifamily Midwest Back from ruin: Rehab projects making a difference across the Midwest The rehabilitation of an old building in the Midwest isn’t just a construction project, it’s an event.
Retail N Illinois Mixed-Use Mash-Up: Six elements of tomorrow’s live-work-play communities With e-commerce accounting for a greater share of retail sales, real estate developers are finding creative ways to stay relevant in the eyes of consumers who, increasingly, favor clicks over bricks. In order to provide experiences that can’t easily be replicated online, today’s developers are incorporating retail – including restaurant and…
CRE W Minnesota Midwest rolls out the welcome mat: Hotel sales, development on the rise How hot is the hotel industry across the Midwest? Just ask Ronn Thomas, senior director of brokerage services with Cushman & Wakefield|NorthMarq in Minneapolis. This CRE pro in the past 15 months has helped close six hotel transactions for his clients.
CRE Midwest Nasutsa Mabwa: Embracing innovation & taking risks Nasutsa Mabwa humbly got her start in real estate at McCaffery Interests. Dan McCaffery, the founder of McCaffery Interests, took a risk in hiring Mabwa, who was coming out of municipal government and urban planning, to manage a large real estate development project. The rest, as they say, is history.
Retail V Michigan To sell or not to sell? Even Hamlet wouldn't puzzle over this one Is now the time for CRE pros to sell their assets? In this guest column, Bill Bubniak, executive vice president with Southfield, Mich.-based Farbman Group, argues that there's rarely been a better time.
CRE Midwest Opus Development's Yungerman: An Up Front and Honest Man in an interview with Chicago Industrial properties, Mike Yungerman, VP of Opus Development Company LLC, shares his passion for commercial real estate, and what inspired him to join the business.
CRE Midwest The Undeniable Humility of Steve Groetsema In an interview with Illinois Real Estate Journal, it’s clear to see that in Steve Groetsema’s short time in the business, he’s grasped the keys to solidifying a sagacious career for many years to come. Here’s what he had to say.
Industrial O Indiana Duke Realty Corporation breaks ground on 218,000-square-foot expansion project for Indiana book publisher Duke Realty Corporation’s Indiana office has broken ground on a 218,000-square-foot expansion for Hachette Book Group, a book publisher and distributor, in the Lebanon Business Park in Lebanon, Ind.
Industrial i Ohio Developers Semarjian and Lichter make another investment in southwest Ohio Developers Chris Semarjian and Stuart Lichter are closing 2013 by making another investment in southwest Ohio, this time buying a SuperValu Warehouse at 1003 Bellbrook Ave. in Xenia, Ohio.
CRE Midwest Get Fresh Produce expands within Brewster Creek business park Kelly Joyce, vice president with Colliers International | Chicago’s Industrial Advisory Group, represented Get Fresh Produce Inc. in a 51,925-square-foot new lease at 1456 Brewster Creek Drive in Bartlett. The new lease represents an expansion from its current facility located directly adjacent to the property.
Industrial Midwest Paine/Wetzel TCN Worldwide completes sale of former Testa Produce facility Paine/Wetzel TCN Worldwide has completed the sale of a 34,269-square-foot industrial building located at 1501 S. Blue Island in Chicago on behalf of its client, Testa Produce.