Office N Illinois Clear Height Properties leases three spaces in Western Suburbs Clear Height Properties has completed three leases at two properties that it owns and manages in Chicago’s western suburbs. The nearly 23,000 square feet of leases include two renewal/expansions in Elmhurst, Illinois and a relocation to a facility in Elk Grove Village, Illinois.
Office N Illinois JLL closes $128.5M sale of trophy office tower in Downers Grove, Illinois JLL closed the $128.5 million sale of 3500 Lacey Road, a Class A trophy office tower totaling 583,982 square feet in the Chicago-area community of Downers Grove, Illinois. JLL marketed the property on behalf of the seller, BentallGreenOak’s US Core Fund, and procured the buyer, KORE Investments.
Industrial i Ohio CBRE to lease 300,000-square-foot spec industrial facility near Cleveland CBRE has been awarded the exclusive leasing assignment for the Sapphire Corporate Center, a 300,000-square-foot speculative industrial distribution and logistics building situated on 21 acres at 6825 Engle Road in Middleburg Heights, Ohio.
CRE X Missouri Cresa grows St. Louis roster Cresa has added Hunter Alexander as an advisor in its St. Louis office.
Retail N Illinois Reza's Restaurant headed to Alsip following land auction The long-time Chicago restaurateur who started Reza’s Restaurant at North Clark Street in Chicago’s Andersonville neighborhood about three decades ago, prevailed as the winning bidder for a property owned by the Village of Alsip at the corner of 117th and Pulaski Road.
Office p Tennessee JLL helps Mitsubishi find HQ location near Nashville Mitsubishi Motors North America, Inc. (MMNA) confirmed the location for the company’s permanent headquarters in the Cool Springs district of Franklin, Tennessee, a suburb of Nashville. JLL’s Scott Wetzel, Mitch Lundquist, Bo Tyler and Kevin Ziomek represented Mitsubishi North American.
CRE N Illinois Wurkwel Ventures names new vice president Chicago-based Wurkwel Ventures, a holding company that focuses on the needs of corporate tenants when expanding, relocating or downsizing their offices, has expanded its executive leadership team. Wurkwel Ventures has hired Jed Levenstein as its new vice president.
CRE W Minnesota Minneapolis' HGA adds environmental graphic designer Design firm HGA has added Heather Novak-Peterson as senior environmental graphic designer and associate vice president in Minneapolis.
CRE i Ohio Commercial veteran joins Cincinnati office of Lee & Associates George Flynn has joined the Cincinnati office of Lee & Associates as managing principal for brokerage services.
CRE N Illinois Wurkwel Ventures hires Jed Levenstein as vice president Wurkwel Ventures, a Chicago-based holding company that focuses on the needs of corporate tenants when expanding, relocating or downsizing their office, expanded its executive leadership team with the hiring of Jed Levenstein as the new vice president.
Retail v Wisconsin Hy Cite celebrates ribbon-cutting of new Madison-area HQ Hy Cite Enterprises celebrated its new 90,000-square-foot corporate headquarters in Middleton, Wisconsin, with a ribbon-cutting on Nov. 21. Designed by EUA and built by Ideal Builders, the new office consolidates three offices and multiple departments into one building on a scenic tree-filled site.
Student Housing N Illinois West Loop student housing mid-rise sells to Asian investors Newmark Knight Frank Multifamily (NKF) facilitated the sale of The Automatic Lofts, a 482-bed student housing core asset. Located within walking distance of the University of Illinois at Chicago (UIC), the asset traded to OC Ventures, an Asia-based student housing private equity fund, for an undisclosed price.
CRE X Missouri St. Louis-based TriStar hires senior analyst Roman Keselman has joined St. Louis-based TriStar Companies as a senior analyst. In his new position, Keselman will analyze markets across the United States and participate in the acquisition and development of institutional-grade industrial and multifamily properties.
Multifamily N Illinois Solving the housing attainability crisis The “American Dream” as we have known it is no longer part of the American success story. With a shortage of six million homes to house our families, the United States is facing a housing attainability crisis.
Multifamily X Missouri Clayco celebrates topping-out at Gang's One Hundred Above the Park in St. Louis Clayco recently celebrated the topping-out and final concrete pour for One Hundred Above the Park. Clayco serves as the general contractor of the Studio Gang-designed residential tower in St. Louis’ Central West End neighborhood.
Office X Missouri JLL tackling leasing efforts for pair of Kansas City office properties JLL has been selected by Nashville-based Excelsior Capital to manage the leasing efforts for two Kansas City-area office properties.
Office O Indiana Browning leasing second project in Indianapolis' 16 Tech Browning has begun leasing its second project in the 16 Tech Innovation District in Indianapolis. Innovation Building 2 will offer 145,000 square feet of class-A office and innovation space designed to support the operations of companies from advanced industries.
Office N Illinois Comparing the Schaumburg office landscape with the overall Chicago market In terms of deal velocity, the Chicago metro office market is in the top five nationwide. But what about one of the area’s largest suburban submarkets, the Schaumburg area in the I-90 corridor?
Legal N Illinois Bridge Development Partners hires first-ever general counsel Bridge Development Partners has hired Daniel Hemmer as its first general counsel. Based in Bridge’s Chicago headquarters, Hemmer will oversee all of the firm’s legal functions, including real estate transactions, corporate and litigation. He will also be responsible for managing the company’s relationships with outside counsel and assuring …
CRE V Michigan Savills expands Detroit presence Savills has appointed Cameron MacKellar as managing director, specializing in project management. MacKellar’s arrival further expands the firm’s capabilities and expertise in its newly launched downtown Detroit office.