107 results for “food and beverage”
Retail N Illinois

Puttshack signs lease at Oakbrook Center

Puttshack, an upscale, tech-infused mini golf experience, has signed a lease at Oakbrook Center, Brookfield Properties’ shopping and entertainment center in Oak Brook, Illinois. Puttshack Oak Brook is currently slated to open in late 2020.

CRE N Illinois

Skyline Construction hires Nick Andreolas as VP, Corporate Controller

General contractor Skyline Construction has appointed Nick Andreolas as vice president, corporate controller. Andreolas brings 25 years of financial operations experience to the 100 percent employee owned firm. He will oversee the finance and accounting functions for Skyline’s Family of Companies nationally, including ACCEND Construction in…

CRE v Wisconsin

Three questions with ... Marcus & Millichap's Engle, Stephenson

| Dan Rafter

Investors are flocking to Southeast Wisconsin, the booming submarket between Chicago and Milwaukee. What’s behind this? We asked Ryan Engle, senior managing director of investments, and Timothy Stephenson, associate, of the Marcus & Millichap office in the Chicago suburb of Oak Brook. These two CRE pros have crafted busy careers assisting i…

Office N Illinois

PepsiCo confirms relocation to Chicago's Old Post Office

PepsiCo confirmed earlier reports that it will move its Chicago office to the Old Post Office building. Located at 433 W. Van Buren Street, the redeveloped property will serve as the headquarters for its sports drink, juice and Quaker Foods portfolios—including the Gatorade, Tropicana and Quaker Oats brands—as well as PepsiCo Beverages’ Nor…

CRE N Illinois

NKF's Jamie Allen honored as ASA's inaugural Woman Appraiser of the Year

Newmark Knight Frank (NKF) executive vice president, Jamie Allen, ASA, CMI, was recently awarded the first annual Woman Appraiser of the Year Award from the American Society of Appraisers (ASA). Based in Chicago, Allen is a member of NKF’s valuation and advisory (V&A) practice and specialty practice leader of the machinery and equipment val…

Retail N Illinois

Retail is dead. Long live retail.

| Matt Baker

There have been plenty of obituaries written for retail real estate, an unfortunate casualty of consumers’ choosing to shop online. But the sector isn’t moribund, it’s molting. Five-and-dimes and malls were once the hot new thing before becoming passé; this is just the next step in the evolution of physical retail.

Retail V Michigan

New coffee roaster to open in Grand Rapids area

After a decade of working in Chicago’s coffee industry, business partners and Michiganders Alex Burbo and Rosie Quasarano moved back to their home state to launch Littlefoot Coffee Roasters. The coffee company will open a roasting facility and warehouse at 3047 Broadway Ave. SW in Grandville, Michigan, by the end of August, according to Col…

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.

CRE N Illinois

Chicago-based Spaces Real Estate merges with Evolve Real Estate

Full-service residential real estate brokerages Spaces Real Estate and Evolve Real Estate have merged. Evolve co-founder Jonathan Sheil, who was one of the first six agents at Spaces prior to starting his own business, has rejoined the company as director of agent development, bringing with him a 15-person team of leasing agents who will wo…