Office N Illinois The generation vocation mutation: How younger workers are shaping the office of the future As attracting and retaining young professionals is vitally important to corporations, there has so much mental energy spent trying to gauge the whims of millennials. Time marches ever forward, however, and society evolves. So too must our office spaces.
Multifamily L Iowa Berkadia sells four-property apartment portfolio in Iowa Berkadia closed the combined sale of a portfolio of four multifamily properties in Davenport, Iowa. Director Parker Stewart and Senior Managing Director Alex Blagojevich of Berkadia’s Chicago office, along with Senior Director Michael Sullivan of Berkadia’s Kansas City office, together completed the sale on behalf of the seller, Iowa-based …
Industrial P Kansas Newmark Grubb Zimmer closes sale of Overstock.com-occupied warehouse Newmark Grubb Zimmer’s president and chief executive officer Mark Long and managing director John Hassler closed the sale of a 517,391-square-foot industrial building in Kansas City, Kansas.
CRE X Missouri St. Louis' S.M. Wilson names chief human resources officer St. Louis-based S. M. Wilson & Co. has promoted Rebecca Cornatzer to chief human resources officer.
CRE O Indiana Indianapolis' Browning names new CFO After 36 years, David Gabovitch is stepping down as chief financial officer of Indianapolis real estate development firm Browning. Matt Lesher joined the firm as chief financial officer on Oct. 16.
Finance W Minnesota Minneapolis' NorthMarq names new CEO As Minneapolis-based NorthMarq continues its growth as the largest privately held commercial real estate capital markets firm, president Jeffrey Weidell will become chief executive officer on Jan. 1, 2020, succeeding Eduardo Padilla. Padilla, who served in the role for 20 years, will become executive chair.
CRE O Indiana Commercial Real Estate Hall of Fame: CBRE's J.D. Graves Each week, REjournals.com runs a profile of a member of its most recent Commercial Real Estate Hall of Fame class. This week, we look at the busy career of J.D. Graves, senior vice president with the Indianapolis office of CBRE.
CRE N Illinois Cushman & Wakefield adds to Chicago capital markets platform Cushman & Wakefield bolstered its capital markets team in Chicago with the additions of Jeff Altenau as executive managing director and Zach Yarnoff as managing director. Both come to Cushman & Wakefield from Eastdil Secured, where they worked on notable transactions including Willis Tower, River Point, 150 North Riverside, Easton Town Cent…
Industrial N Illinois Colliers represents Pacific Surfaces in 40,000-SF lease in Elk Grove Village Colliers International | Chicago’s John D’Orazio represented India-based Pacific Surfaces LLC in its 40,000-square-foot lease at 1300 Mark Street in Elk Grove Village, Illinois. The granite distributor has maintained a sales office in Chicago for years but this is the firm’s first warehouse/distribution center in the U.S.
Finance v Wisconsin Berkadia provides $23 million of financing for Madison apartment development Berkadia provided $23.2 million in permanent financing for The Tuscany on Pleasant View, a multifamily property in Madison, Wisconsin. Senior director Paul Matusiak of Berkadia’s Chicago office secured the financing on behalf of The Gallina Companies, a local sponsor. The transaction closed on Sept. 26.
Office N Illinois First look: The Post Office unpackaged For over 20 years, it sat vacant and imposing, overlooking the westerly approach to Downtown Chicago. Now the Old Post Office is nearly ready to welcome its first office tenants to an adaptive reuse that has implications beyond the building’s footprint.
Office V Michigan CBRE helps bring new coworking space to downtown Detroit CBRE recently represented BASCO in a 22,000-square-foot-lease to Venture X, a co-working provider, at 220 W. Congress in Detroit.
Office N Illinois Dinsmore & Shohl LLP moving to larger offices in Franklin Center The Chicago branch of Dinsmore & Shohl LLP has moved into its new office at 222 W. Adams Street, on the top floor of Tishman Speyer’s Franklin Center. Since opening in March of 2014, Dinsmore has grown its attorney roster in Chicago; the new space, custom-designed to fit the firm’s full-service offerings, is 150 percent larger than its prev…
CRE P Kansas Kansas' Reece Commercial Real Estate celebrates 10 years Overland Park, Kansas-based Reece Commercial Real Estate recently celebrated 10 years in business. Founded on Oct. 18, 2009, the company continues to grow, with the opening of an office in Joplin, Missouri. Ron Tappan will serve as managing broker of the new office.
Finance N Illinois Aries Capital adds to Chicago office Steve Adams has joined Chicago-based commercial real estate mortgage and investment banking firm, Aries Capital, as assistant vice president. The firm has also relocated its Chicago headquarters to 401 W. Ontario Street in River North.
CRE N Illinois CRE Future Leaders: John Feeney A senior vice president at The Boulder Group, John Feeney assists clients in the acquisition and disposition of net lease properties. Additionally, as the head of The Boulder Group's research division, he has published over 50 net lease investment research reports.
Industrial N Illinois Darwin Realty wraps up three Elgin industrial transactions Darwin Realty has completed a sale and two lease transactions in Elgin, Illinois. The industrial real estate deals totaled over 218,000 square feet.
CRE i Ohio Three questions with ... Cushman & Wakefield's Mike Sullivan A member of the capital markets team in Cushman & Wakefield’s Cincinnati office, senior director Mike Sullivan is an industry veteran who understands the ins and outs of the commercial real estate market. A specialist in office, industrial and medical office properties, Sullivan shared his thoughts on the state of the CRE market both nation…
Office V Michigan Newmark Knight Frank: Office market still motoring in Detroit The office vacancy rate in the Detroit metropolitan area keeps falling, with Newmark Knight Frank reporting that this figure dropped 30 basis points in the third quarter to hit 15 percent.
Multifamily N Illinois Marcus & Millichap arranges sale of 24-unit apartment building in Glenwood, IL Marcus & Millichap brokered the sale of Glenwood Apartments, a 24-unit apartment property located in Glenwood, Illinios, according to Steven D. Weinstock, regional manager and first vice president of the firm’s Chicago Oak Brook office. Terms of the transaction were not disclosed.