More than 200 results for “lasalle”
Multifamily N Illinois

Not a passing craze: Deconversions still strong in Chicago

| Matt Baker

There were two major condo deconversion deals announced in Chicago at the close of 2018: Kiser Group’s deconversion of the 250-unit Flats on LaSalle and the sale of River City, the largest such deal for the market at 449 units. Since then, however, news of these condo-to-rental deals has been slow. Is this a sign that the trend itself is st…

Retail N Illinois

Mojo Coffee expands in Chicago with two new locations

New Zealand-based Mojo Coffee has announced the summer 2019 opening of two new cafes. These new outposts will join two Mojo Coffee locations already open in Chicago—site of their 2017 expansion into North America—and over 40 worldwide. Located at 33 N. LaSalle Street and 330 N. Wabash Avenue, this growth furthers Mojo's mission of elevating…

CRE N Illinois

Ernest Spina joins Principle Construction as senior project manager

Principle Construction Corp. has hired Ernest “Ernie” J. Spina as a project manager. Spina has more than 35 years of experience in the construction management and design build industry. He has a strong background in developing team strategies for budget control and time management. In his new role he will be responsible for interfacing with…

Finance N Illinois

SomerCor welcomes new VP, celebrates four key promotions

Chicago-based SomerCor, a Small Business Administration (SBA) Certified Development Company (CDC), has hired Michael Utterback as vice president, loan origination. In addition, the firm promoted Savannah Allen to economic development coordinator, Debra Morack to senior vice president and managing director of closing, David Sommers to execut…

Office N Illinois

Skender completes first data cable-free HQ for ShopRunner

Skender, serving as interior construction manager, has completed construction of ShopRunner’s new 25,000-square-foot corporate headquarters. ShopRunner, a Chicago-based, multi-retailer e-commerce start-up, has relocated to 350 N. Orleans Street from its former space at 350 N. LaSalle Street.

Office N Illinois

Tegus signs on for 14,195 SF at 120 South LaSalle

Colliers International Chicago’s Tony Karmin and Joe Stevens represented Tegus, a fast-growing primary research platform that powers the decision-making process of institutional investors, in its new 14,195-square-foot, long-term lease at 120 S. LaSalle Street. The firm will move into the Chicago Loop property, owned by Toronto-based Slate …

Net Lease N Illinois

Marcus & Millichap arranges $3.7M sale of dialysis center

Marcus & Millichap facilitated the sale of a 9,703-square-foot, net-leased DaVita Dialysis Center, located in South Holland, Illinois. The asset sold in a 1031-exchange to an out-of-state buyer for $3,707,000. Valerie Cook, senior associate, and senior vice presidents–investment Austin Weisenbeck and Sean R. Sharko of the firm’s Chicago Oak…

Office X Missouri

JLL moves valuation services to key St. Louis building

Commercial real estate firm Jones Lang LaSalle is expanding its presence in downtown St. Louis with plans to move its valuation and advisory services division from Clayton, Missouri, to One Metropolitan Square, where the company’s brokerage, property management and project development services divisions are currently located.

CRE N Illinois

Green Courte Partners taps Jeff Foland to helm airport parking subsidiary

Green Courte Partners, a Chicago-based private equity real estate investment firm, has hired Jeff Foland as the new president and chief executive officer of The Parking Spot. Foland will also join Green Courte as a managing director. The Parking Spot, which is owned by a subsidiary of Green Courte’s third investment fund and manages assets …