Office N Illinois Demand hasn't diminished for suburban Class A office space Leasing activity in Chicago’s suburbs slowed down in the first quarter of 2019. However, pockets of the market, including O’Hare and Oak Brook, remain tight, leading to asking rents in these areas to reach an all-time high.
CRE X Missouri Colliers International closes trio of sales in St. Louis area Colliers International recently completed three transactions in the St. Louis market.
Industrial N Illinois Bridge Development Partners acquires 21.8-acre property in Wood Dale Bridge Development Partners, LLC has acquired 700 N. Wood Dale Road, in Wood Dale, Illinois, where it plans to build “Bridge Point Wood Dale.” The development within the Chicago-O’Hare submarket will encompass two state-of-the-art, industrial facilities totaling 342,266 square feet.
Student Housing N Illinois CA Ventures appoints CEO of CA Management Services CA Ventures, a U.S. real estate investment holding company, has appointed Steve Boyack CEO of CA Management Services (CAMS), the firm’s new property management arm announced last December. CAMS oversees operations for CA’s 15,000-bed portfolio of student housing communities, as well as CA’s growing number of residential communities througho…
Office N Illinois Chicagoland Commercial Real Estate brokers 15k-SF Schaumburg office lease Palatine, Illinois-based Chicagoland Commercial Real Estate represented Wistron Mobile Solutions Corporation in a recent sublease. The international information and communication products and services company took on a 14,891-square-foot office space located at 953 American Lane in Schaumburg, Illinois.
Office N Illinois Skender starts interior construction of coworking firm Spaces' Chicago HQ The months-long redevelopment of the former Sports Authority building at LaSalle and Ontario has achieved a significant milestone with an affiliate of Next Realty, the building’s owner, completing the base building renovations. Skender, serving as general contractor, will soon start the interior renovation of the future eight-story, 80,000-…
CRE V Michigan Marcus & Millichap sells 547-unit self-storage facility in Michigan Marcus & Millichap sold EZ Storage, a 58,590-square-foot self-storage facility in Utica, Michigan.
Legal v Wisconsin Midwest Commercial Hall of Fame: Reinhart Boerner Van Deuren's Block Each year, Midwest Real Estate News runs its Commercial Real Estate Hall of Fame issue. This year is no exception. We are also running the profiles of our latest Hall of Fame inductees online. Today, we look at the career of Bruce Block, shareholder with Reinhart Boerner Van Deuren in Milwaukee.
CRE W Minnesota Minneapolis office of CBRE gains data center specialist Dan Peterson has joined CBRE as vice president and data center advisor for the Upper Midwest region. He will be based in the company’s Minneapolis office.
Finance V Michigan Cinnaire adds VP to Grand Rapids office Cinnaire, a non-profit Community Development Financial Institution, has promoted Josh Ghena to vice president, asset management, in the company’s Grand Rapids, Michigan, office.
CRE V Michigan NAI Wisinski of West Michigan adds property manager to staff Matthew DeWitt is a new property manager with NAI Wisinski of West Michigan. He is working with the Grand Rapids, Michigan-based property management team.
Legal O Indiana Taft adds real estate specialist to Indianapolis office Chelsea Ringlespaugh Spickelmier has joined the Indianapolis office of law firm Taft Stettinius & Hollister as a member of the firm’s real estate practice group.
CRE W Minnesota Minneapolis' Kraus-Anderson names new president Minneapolis-based Kraus-Anderson Realty Company & Kraus-Anderson Development Company named Peter Diessner as president. He succeeds Dan Engelsma, who is retiring after 50 years with the company and serving as KA Realty’s president and chief operating officer since 2000.
CRE V Michigan Michigan's Dominion adds three brokers Bingham Farms, Michigan-based Dominion Real Estate Advisors added three brokers to its team, Sean Jamian, Alex Tokarz and Jordan Banks.
CRE W Minnesota Big Brothers Big Sisters find new location in Minneapolis Big Brothers Big Sisters Twin Cities (BBBS) finalized a real estate purchase last week that brings the nearly 100-year-old organization closer to realizing its vision for a youth development hub in North Minneapolis. The 18,266-square-foot property is located along Washington Avenue.
Office N Illinois Focus, Shapack Partners break ground on 167 Green Street in Fulton Market Last week, representatives from Focus, Shapack Partners, Gensler and Walton Street Capital joined city of Chicago officials in a groundbreaking ceremony for 167 N. Green Street. The 17-story office property will be home to several large companies, including WeWork, who will occupy 140,000 of the building’s 750,000 square feet.
CRE c Nebraska LinkedIn, HDR prove it: Omaha still a big draw in the Midwest The real estate pros working the Omaha market all agree: This is an exciting time to be in this business in this city.
Office N Illinois More Post Office space leased out, this time to two Kroger subsidiaries Meal-kit firm Home Chef and analytics company 84.51° have signed leases to move into Chicago’s Old Post Office. The two companies, both owned by the The Kroger Co. supermarket chain, plan to move a combined 300-plus employees into the building over the next few years.
CRE N Illinois ACCEND Construction hires Tony Fontanetta as general superintendent ACCEND Construction LLC has hired Tony Fontanetta as general superintendent. He will oversee projects to ensure they are completed within budget, on schedule and in accordance with client specifications while also ensuring that jobsite safety and quality control are maintained during projects. He comes on board not long after the general co…
Finance N Illinois Merchants Capital expands to Chicago, hires nine new employees Merchants Capital, a multifamily, affordable and healthcare lender headquartered in Carmel, Indiana, has opened a production office in Chicago, located at 131 S. Dearborn Street in The Loop—the company’s fourth office nationwide. Lee Oller has been hired as executive vice president to lead the Chicago team.