CRE N Illinois Chicago chapter of SIOR participates in annual service day On Wednesday, May 8, members from the Chicago chapter of the Society of Industrial & Office Realtors (SIOR) came together to participate in the organization’s 2019 Service Day by packing food at Feed My Starving Children in Schuamburg, Illinois. The Chicago Chapter was joined by Mark Duclos, SIOR National president-elect, for the activity.
Office N Illinois CBRE brokers lease for Brown & Joseph office space in Itasca CBRE recently represented Brown & Joseph LLC in a 23,310-square-foot lease at One Pierce Place in Itasca, Illinois. Mark Smith of CBRE represented Brown & Joseph in the transaction. Ownership, Hamilton Partners, was represented in-house by Patrick McKillen.
CRE X Missouri USDA to fill 120,000 square feet in Kansas City region The Kansas City Area Development Council and its partners announced that the Kansas City region will become the new home of the U.S. Department of Agriculture’s Economic Research Service (ERS) and National Institute of Food and Agriculture (NIFA). The USDA team is evaluating multiple Class-A office properties in Kansas and Missouri for its …
Office N Illinois IMPACT completes renovations for St. Louis-area hospice service IMPACT Strategies has completed another project for Hospice of Southern Illinois, overseeing renovations of a 7,500-square-foot building next to the company’s office on South Illinois Street in Belleville, Illinois. Belleville is in the St. Louis market, about 30 miles from the city.
Office N Illinois Principle Construction completes tenant improvement for Celerity Principle Construction Corp. has completed a 6,000-square-foot office build-out for Celerity Pharmaceuticals in Columbia Centre, located at 9450 Bryn Mawr Avenue in Rosemont, Illinois. Principle’s offices are located in the same building.
Hospitality N Illinois Skender wraps up 14-story Hyatt House Hotel, a Fulton Market development by Sterling Bay Skender, serving as base building and interior construction manager, has completed construction of Chicago’s first Hyatt House extended-stay hotel, located in the heart of Chicago’s Fulton Market District. Sterling Bay developed the 14-story, 167,000-square-foot hotel and Skender collaborated with project architect Eckenhoff Saunders Architects.
CRE N Illinois Darwin Realty brokers two sales, two leases in Chicago area totaling nearly 70,000 SF Darwin Realty principal, Noel S. Liston, and associate, Nick Krejci, represented four end users in their purchase or lease of new space in suburban Chicago. The two sales and two leases totaled 69,687 square feet, all in high-quality buildings with good access to major highways.
CRE N Illinois Brown Commercial Group brokers four transaction in Chicago suburbs Brown Commercial Group brokered two leases and two sales totaling 19,220 square feet in Chicago’s western suburbs.
CRE N Illinois Q&A: Dan McCaffery Dan McCaffery has had a celebrated career in real estate spanning thirty years. He currently serves as CEO of McCaffery Interests, the firm he founded in 1990 that is behind a number of projects in Chicago and around the country.
Office v Wisconsin Transwestern closes Wells Fargo lease in Milwaukee Wells Fargo Bank has renewed its lease of 7,052 square feet at 131 W. Layton Ave. in Milwaukee.
Industrial N Illinois Venture One fund snaps up 82,000-SF industrial portfolio Venture One Real Estate—through its acquisition fund, VK Industrial IV, LP, a partnership between Venture One and Kovitz Investment Group—has closed on the acquisition of a 82,242-square-foot, two-building industrial portfolio located at 1200 Karl Court and 1210 Karl Court in Wauconda, Illinois. Both properties were vacant at acquisition.
Office v Wisconsin Colliers International closes office transaction in Milwaukee Vocational Development Group leased 4,781 square feet of office space at 200 N. Patrick Blvd. in Brookfield, Wisconsin.
Multifamily i Ohio Colliers' Cooper: It might not be booming, but Cleveland apartment market strong Three years ago, apartment renters would flock to any new apartment building rising in Cleveland, filling the units as soon as the multifamily development opened its doors. Today? It might take more time for these buildings to fill. But Gary Cooper, senior vice president and principal with the Cleveland office of Colliers International, sai…
CRE N Illinois Chicago could have a bear market headed its way, per DePaul’s CRE sentiment survey Chicago’s commercial real estate professionals maintain optimism about the local real estate market, though perhaps with less fervor than in the recent past. Property, transfer and progressive taxes at the state and local levels, as well as other political uncertainties, have left some worrying about a coming bear market.
Office N Illinois Cawley Chicago sells office building in Downers Grove The Cawley Chicago office team completed the sale of a 6,135-square-foot office building located at 1225 Warren Avenue in Downers Grove, Illinois. Justin Harris and Rawly Lantz marketed the property and sold it to buyer, All Creatures Great and Small Veterinary Practice, for $749,0000. Harris and Lantz also represented the seller, Prince Po…
CRE N Illinois Stream Realty Partners names Patrick Russo managing director of Chicago office Stream Realty Partners, a full-service national real estate investment, development and services company, has hired Patrick Russo as managing director of Stream Chicago.
Office N Illinois Cushman & Wakefield reps Planmeca in purchase of new U.S. HQ in Hoffman Estates Cushman & Wakefield facilitated Planmeca USA Inc.’s purchase of the former Serta Mattress building at 2600 Forbs Avenue, in Hoffman Estates, Illinois where they will relocate their U.S. headquarters this year.
Healthcare O Indiana Marcus & Millichap sells medical office property Northwest Indiana Marcus & Millichap closed the sale of a new construction 9,109-square-foot net-leased Fresenius Medical Care property in East Chicago, Indiana. The asset sold to an out-of-state buyer for more than $3.57 million.
Office N Illinois First look at Knoll's new Fulton Market space Commercial and residential furniture powerhouse Knoll, Inc. has moved from its longtime home in the Merchandise Mart and officially unveiled it’s new Fulton Market showroom. NeoCon attendees and the public had a chance to tour the space this week as part of “Knoll Design Days.”
Office i Ohio Custom furniture maker moving to new Ohio corporate offices Crow Works, a furniture manufacturing company that manufactures all of its products in Ohio, is relocating its corporate offices from Columbus to downtown Johnstown, Ohio. The move from Columbus, where 40 employees across the engineering, marketing, sales, purchasing and finance teams operate, is set to happen at the end of this month, ushe…