Office N Illinois How spec suites have become the most powerful component in the office marketing toolbox Attracting office tenants to Class A space is almost too easy; you just let the spiffy new building promote itself. For older buildings, getting a good, long look from a prospective tenant can be a bit more difficult.
Multifamily N Illinois Chicago's multifamily market thriving, evolving With all the activity going on in multifamily these days, many question what the next frontier of this asset class looks like. Yesterday morning, over 225 people had their questions answered at the 10th Annual Chicagoland Multifamily & Affordable Housing Real Estate Summit, hosted by REjournals.
Industrial N Illinois Short supply to continue for Chicago's suburban industrial market There are no signs of slowing down for industrial assets in Chicago’s suburban submarkets heading into 2019, with tenant activity driving considerable absorption and construction starts. And as demand outpaces supply, these users continue to find space shortages in many parts of Chicago, according to a new report from Brown Commercial Group…
Industrial N Illinois DuPage Airport Authority welcomes three new companies to DuPage Business Center Officials from the DuPage Airport Authority (DAA), along with NAI Hiffman, DuPage County and the City of West Chicago, hosted a celebratory groundbreaking ceremony Wednesday to mark three new developments at the 800-acre DuPage Business Center in West Chicago, bringing jobs and impactful economic development to the area.
Retail X Missouri Furniture retailer set to open in Missouri community Furniture Deals, a family-owned furniture retailer “born and raised in Belton,” will celebrate the grand-opening and ribbon-cutting of a 50,000-square foot showroom in the North Cass Shopping Center in Belton, Missouri, this month.
Industrial i Ohio Newmark Knight Frank closes 617,000-square-foot industrial deal in Cincinnati Newmark Knight Frank announced the development of a 617,760-square-foot industrial build-to-suit facility on more than 46 acres in the greater Cincinnati area for Design Within Reach.
Retail N Illinois New 42,000-square-foot retail development breaks ground in Chicago's South Loop A groundbreaking ceremony for a new, 42,000-square-foot retail development was recently held at 637-647 W. Roosevelt Road in Chicago. In attendance with he project developer, 635-647 W. Roosevelt Road, LLC, and general contractor, Global Builders, Inc. were 11th Ward Alderman Patrick D. Thompson, as well as representatives from Newmark Knig…
Industrial N Illinois Brown Commercial Group brokers several transactions in Chicago suburbs Brown Commercial Group brokered five industrial transactions totaling 16,736 square feet in Chicago’s western suburbs.
Retail N Illinois Marci Carl discusses coming ‘full circle’ in her retail real estate career Marci Carl, director of real estate for Crate and Barrel, has retail running in her blood. She grew up with parents who had retail stores and were in the furniture business. Carl remembers sitting around the dinner table and talking about work and deal making with her dad, who died when she was young. She remembers listening to him negotiat…
Industrial N Illinois No speculation about strength of spec industrial in Chicago’s I-55 corridor As Chicago’s industrial market shows no signs of slowing, one particularly bright spot is the Interstate-55 Corridor. In addition to offering accessibility and visibility along its namesake thoroughfare and Interstate-355, which runs through it, the submarket is accessible to both Chicago airports and nearby expressways, including I-80 to t…
CRE V Michigan The early signs of a tech boom in CRE While the real estate industry has generally not been an early adopter of new technologies, the last several years have been different—we have seen the beginning of a true tech boom in the industry.
Retail X Missouri Mid-America's $10 million deal another sign of strength in St. Louis' retail market The retail market has been slowly, but steadily, improving in the St. Louis area. An example of that came earlier this month, when Mid-America Real Estate Corporation's investment sales team closed a $10 million retail sale in the city.
Industrial Midwest Prospective companies hit traffic en route to O’Hare and I-90 Corridor, all want in Chicago CRE truly outdid itself in 2015. Submarkets like the I-80, I-88, I-90 and I-294 Corridors, as well as the O’Hare market have had no issue attracting industrial investors. Activity has been rock solid in terms of what’s coming in, and there’s no other way the industry wants it.
Office Midwest Chicago hitting records again: Office absorption, vacancy lowest in years Chicago has seen an increasing migration of people relocating downtown—whether it be for housing purposes or for business, it’s impossible to stay away from the center of where all the action happens.
Office V Michigan Clocking In: Strategies real estate professionals can use to attract companies to quality suburban office product With an increasingly competitive Midwest office market continuing to perform well, there is renewed interest in different categories of office product in the region. In the last 12 to 18 months, quality suburban office has really started to take off.
Office Midwest KI Furniture showcases active design for corporate real estate offices at NeoCon NeoCon, the largest commercial interiors show in the U.S., took place at The Merchandise Mart in Chicago from June 15 to 17, showcasing thousands of new products in workplace, healthcare, hospitality, retail, education, public spaces and government from over 700 leading companies.
CRE Midwest Next Realty's Andrew Hochberg: A love for the deal Andrew Hochberg began his career as a site selector for his family-owned sporting goods chain, Sportmart. Hochberg would sit in back of the station wagon touring potential locations with his father.
CRE Midwest John Dunneback: A Man of Honesty & Integrity At a very young age, John Dunneback was exposed to development and construction. His grandfather was an Irish immigrant who started a sewer and water construction company in 1955 on the South Side of Chicago. It is still in business today having spanned three generations. As the business grew, Dunneback says his grandfather developed and bu…
CRE Midwest Riding the wave A short while ago, those in the industrial real estate industry knew there was a light at the end of the tunnel. The real question remained…..was that light at the end of the tunnel the road to recovery or an oncoming train?