Industrial O Indiana Avison Young brokers 353,000-square-foot industrial building in Indiana Avison Young has negotiated the sale of a 353,000-square-foot industrial facility at 7901 W. 21st St. in Indianapolis. The property is fully leased to Venture Logistics, LLC and Iron Mountain Inc.
Office X Missouri Cushman & Wakefield closes deal to bring another new tenant to KC office space Jack Cooper, the Kansas City-based automotive transportation and logistics services company, has signed a lease for 25,000 square feet at 2345 Grand, the newly renovated 28-story Class-A office tower near Crown Center in Kansas City, Missouri.
CRE N Illinois Why walk when you can just teleport? How to get your building 5G-ready. Cellular service is often dubbed the “fourth utility.” Alongside running water, gas and electricity, cellular service is an assumed provision in major cities everywhere.
CRE N Illinois Chicago's Wolff Landscape Architecture to join Confluence Confluence, a Des Moines, Iowa-based landscape architecture, urban design and planning firm, has expanded into the Chicago market as Wolff Landscape Architecture will become the newest Confluence office. Craig Soncrant and Matt Strange will lead the Confluence Chicago office as principals. Founder Ted Wolff will provide continuity and remai…
Office N Illinois Marketing agency, Logical Position, takes full floor at The Reserve at Deer Park JLL represented ownership as the Illinois branch of digital marketing agency Logical Position took a full-floor office lease at The Reserve at Deer Park, located at 21440 W. Lake Cook Road in Deer Park, Illinois. Logical Position will occupy the entire seventh floor, totaling nearly 43,000 of the building’s 351,425 square feet.
CRE N Illinois Jeremy Werner and Nick Anthony join amenities management company, LulaFit LulaFit, an amenities management company, has hired Jeremy Werner and Nick Anthony to their growing team. Anthony has been appointed as chief operating officer, and Werner as chief financial officer. Both are based out of LulaFit’s Chicago headquarters.
Office N Illinois Chicago's "Big Red" nabs $370 million buyer The John Buck Company (JBC) has reportedly found a buyer for 333 S. Wabash Avenue—the former CNA global headquarters that the developer purchased in 2016 for $108 million. This new transaction will prove to be quite the windfall for JBC, as a group of East Coast investors will acquire the Chicago Loop asset for $370 million.
CRE O Indiana Indianapolis' Schmidt Associates grows with addition of Louisville firm Schmidt Associates, an Indianapolis-based architecture and engineering firm, has welcomed the team at Arrasmith in Louisville, Kentucky, into the firm.
CRE N Illinois CRE Future Leaders: Danny Logarakis Danny Logarakis, a broker with Kiser Group, has facilitated $50 million in multifamily transactions throughout his career. Since joining the firm in 2016, he has specialized in the analysis and disposition of value-add properties throughout Chicago.
CRE N Illinois USGBC: Illinois comes in second for LEED-certified buildings The U.S. Green Building Council (USGBC) has announced its list of top 10 states for LEED green building, based on the number of LEED-certified square feet per person. Illinois slipped from the top spot that it held last year to second place, behind Colorado.
Industrial N Illinois Brown Commercial Group brokers two building sales in suburban Chicago Brown Commercial Group partner, Mike Antonelli, represented the sellers of two industrial buildings on Winthrop Avenue in Addison, Illinois. Both of the assets were owned by business owners who had recently sold the businesses they had operated out of the buildings.
CRE X Missouri CRG's McKee: Expect another solid CRE year for St. Louis in 2020 As principal and chief development officer with St. Louis’ CRG, Chris McKee has led teams that have developed more than 5,000 acres of land and delivered more than 160 million square feet of assets totaling more than $9 billion in value.
CRE O Indiana NAI Cressy acquires Indianapolis' NAI Meridian Mishawaka, Indiana-based NAI Cressy, the brokerage division of Cressy Commercial Real Estate, has acquired the majority ownership in Indianapolis-based NAI Meridian. The merger of these two NAI Global affiliates will create a full-service commercial real estate platform serving the vast majority of Indiana and Southwest Michigan with office…
CRE O Indiana Krieg DeVault's Adams: Plenty of good happening in Indy ... and its suburbs David Adams knows the Indianapolis market. He’s a partner with the Real Estate and Environmental and Commercial Real Estate Lending practice groups at the Indianapolis office of law firm Krieg DeVault. In this role, he represents banks, lending institutions, developers, landlords and tenants.
Multifamily W Minnesota Twin Cities apartment development on a tear It’s probably safe to say the Twin Cities apartment market has blown past expectations.
Hospitality N Illinois First Hospitality appoints David Duncan to chief executive officer First Hospitality has appointed David J. Duncan as president and chief executive officer. Duncan, a real estate and hospitality industry veteran, has served as First Hospitality's president since joining the company in June 2018 and assumes day-to-day leadership of the company as CEO.
CRE N Illinois Truss hires sales veteran, Kathryn Garrison Truss, an online marketplace for coworking and office space, has hired Kathryn Garrison as vice president of sales in its Chicago office. Garrison has more than 15 years of sales and business development experience. Most recently, she was a senior director of strategic partnerships and business development at Brookfield Properties, exceedin…
Finance N Illinois JLL arranges $57 million loan for extended-stay hotel in Chicago JLL Capital Markets arranged a $57.58 million refinancing for Home2Suites by Hilton Chicago River North, a newly constructed, 206-suite, extended-stay hotel in Chicago’s downtown River North neighborhood. JLL worked on behalf of the borrower, Akara Partners, to place the floating-rate loan with a global investment management firm.
Office O Indiana Eight tenants signed leases at INTECH Park in Indianapolis The RMR Group Inc. announced that eight tenants have signed new and renewal leases for an aggregate 230,409 square feet in 2019 at INTECH Park in Indianapolis.
CRE W Minnesota Minnesota's Vieau Associates acquired by GZA GZA GeoEnvironmental, Inc., a multi-disciplinary firm providing geotechnical, environmental, ecological, water and construction management services, acquired Edina, Minnesota-based Vieau Associates Inc., strengthening GZA’s position as a provider of environmental services throughout the Midwest and nationally.