CRE N Illinois CRE Future Leaders: Josh Graham Josh Graham, CPA, is a senior manager in the Chicago office of Wipfli. He works in the firm’s construction and real estate and private equity practices, with a specific focus on Qualified Opportunity Zones.
Office N Illinois CBRE launches enhanced tenant engagement program in Chicago, nationally CBRE Global Investors is launching its new “Above & Beyond for Business” (A&B) tenant experience program at office buildings across the United States. The program is now live at 150 N. Michigan Avenue in Chicago, as well as in other major U.S. markets including Atlanta, Dallas, Southern California (Anaheim, Irvine and Pasadena), Portland, O…
Office N Illinois Loft office building in River North sells for $17 million A group led by Chicago trader and investor Michael Palumbo has sold the property at 435 N. LaSalle Street in Chicago's River North neighborhood for $17 million after holding it for four years. The buyer is Vista Property Group of New York and New Jersey.
CRE i Ohio Bellwether CRE pros: Expect plenty of deals, construction in 2020 Commercial real estate activity remains strong throughout Northeast Ohio and in the Cleveland market. How strong? Midwest Real Estate News spoke with Jeff Musser and Taylor Hawkins, senior vice presidents in the Cleveland office of Bellwether Enterprise, about the strength of the commercial real estate market in this part of the state. Thes…
Industrial N Illinois Krusinski Construction completes 86 Food Service facility in Chicago Krusinski Construction Company recently completed 86 Food Service’s new location at 1400 W. 43rd Street in Chicago. The wholesale food distributor has occupied 90,000 square feet within an existing 167,000-square-foot speculative warehouse previously built by Krusinski Construction.
Retail i Ohio Cleveland's Pinecrest mixed-use development takes home top design award Pinecrest, Cleveland’s newest mixed-use district by Fairmount Properties and the DiGeronimo Companies, took home gold (and the top honor for mixed-use developments) in the International Council of Shopping Centers (ICSC) Global Awards for North American Design and Development.
Office O Indiana MAG Capital Partners buys 51,000-square-foot office building in Indiana Fort Worth, Texas-based MAG Capital Partners, LLC has acquired 3900 E. White Ave., with more than 82 acres of land, in Clinton, Indiana, through a sale-leaseback transaction.
Healthcare Midwest The diagnosis: Medical office market healthier than ever across Midwest The medical office market remains a hot one throughout the Midwest, with several major cities seeing demand for this space soar. And according to the latest research from CBRE, this trend doesn’t look to be ending soon.
Office N Illinois Construction begins on AbelsonTaylor’s new Old Post Office headquarters Skender recently started interior construction of the 85,000-square-foot headquarters for AbelsonTaylor, a Chicago-based health and wellness advertising agency and the fourth office tenant to lease space in the 2.8-million-square-foot Old Post Office building.
Office N Illinois Peeking in on office performance An oft-quoted truism is that you can’t manage what you can’t measure. Because of this, more and more architects are incorporating post-occupancy evaluations (POE) into their practice.
Healthcare O Indiana Quantum closes $7.7 million medical office building sale in Indiana Quantum Real Estate Advisors, Inc. has brokered the sale of a single-tenant medical office building at 1310 Lebanon St. in Lebanon, Indiana. The property sold for $7.7 million and was subject to a long-term lease with American Health Network.
Office N Illinois Sterling Bay's 333 N. Green in Fulton Market lands freight startup Flexport Flexport, a San Francisco-based, technology-focused freight forwarding firm, has signed a 40,000-square-foot lease at Gr333n, Sterling Bay’s under-construction office building in Chicago’s Fulton Market. The space should accommodate a doubling of the company’s Chicago employee base to 300.
Finance Midwest Love Funding names director Love Funding, a provider of FHA, multifamily, affordable and healthcare financing, has added Michael McKenzie as director.
Multifamily V Michigan Commercial Real Estate Hall of Fame: City Club Apartments' Holtzman Each week, REjournals.com highlights the career of one of the CRE professionals in the most recent Midwest Real Estate News Commercial Real Estate Hall of Fame class. Today, we focus on the busy career of Jonathan Holtzman, co-founder and chief executive officer of City Club Apartments in Farmington Hills, Michigan.
Industrial N Illinois Looking for a big box industrial investment? Here are three downstate options. Despite this record-long bull market showing signs of strain, there is plenty of capital eagerly hunting large distribution centers that can service the e-commerce industry. Yes, there has been a lot of development in Chicago’s I-80 and I-55 corridors of late, but investors might want to look downstate for strong investment opportunities.
CRE c Nebraska Access Commercial creating mixed-use project on 11-acre site in Omaha Access Commercial, LLC, an Omaha, Nebraska-based commercial real estate and construction firm, has finalized the assemblage of the former Regency Lodge site and Shaker Place, creating an 11-acre redevelopment site at I-680 and Pacific in Omaha.
Office N Illinois American Library Association sells Chicago HQ The American Library Association (ALA) has sold its headquarters buildings at 40-50 E. Huron Street in a deal brokered by Cushman and Wakefield. The professional association will move its office functions from Chicago’s River North neighborhood to Michigan Plaza at 225 N. Michigan Avenue in Spring 2020.
Multifamily N Illinois Marcus & Millichap's Engle: "You have to be a student of the industry" As senior managing director of investments with the Chicago Oak Brook office of Marcus & Millichap, Ryan Engle focuses on the booming multifamily market. He’s steadily built his career, which he started in early 2003, by crafting long-standing relationships with his clients, studying his market and logging long hours. That’s not exactly a s…
Office O Indiana Colliers sells 138,000-square-foot office building in Indianapolis market Colliers International has closed the sale of Crosspoint Plaza One, a four-story, Class-A office building at 10475 Crosspoint Blvd. in Fishers, Indiana.
Finance i Ohio NorthMarq closes $6 million refinance in Ohio Susan Branscome, senior vice president and managing director of NorthMarq’s Cincinnati-based regional office, finalized the $6.1 million refinance of Wright Executive Center. The office is located at 2900-3000 Presidential Drive in Fairborn, Ohio.