Industrial N Illinois Avison Young listing 497,682K SF industrial portfolio that includes two Chicago-area properties A 497,682-square-foot industrial portfolio that includes properties in the Chicago metro, is on the market. Avison Young was awarded the exclusive sale listing for the portfolio, which is owned by GHP Group, Inc.
Industrial O Indiana Investors still hungry for Indianapolis industrial assets Investors love Indianapolis’ industrial market. Just look at the latest research from Avison Young. According to the CRE firm, industrial building sales in the Indianapolis market jumped 45.7 percent on a year-over-year basis, reaching $1.4 billion across 23.6 million feet during the four quarters ending in the second quarter of this year.
Industrial N Illinois Avison Young negotiates 182,298-SF industrial portfolio sale in Chicago Avison Young closed on the sale of a 182,298-square-foot, industrial portfolio at 1900-2000 Carboy Drive in Mount Prospect, Illinois, just north of O’Hare International Airport. The two-building, multi-tenant portfolio is currently 90 percent leased.
Industrial N Illinois Foreign investors injected over $600 million into Chicago industrial market last year Investors still love industrial real estate, no matter where they reside. The asset class saw higher-than-usual foreign investment in 2018, with the Chicago area making the top three markets for foreign funds.
Industrial N Illinois Chicago industrial activity up by 30% The Chicago area remains a key industrial hub and target for investors, with the market experiencing a 30.4 percent increase in industrial sales activity year-over-year, through February 2019. Like many markets around the country, portfolio sales volume contributed to Chicago’s industrial velocity.
Office N Illinois Chicago's One North Wacker signs over 100,000 square feet of new leases Irvine Company Office Properties announced five leases totaling 103,307 square feet at One North Wacker, UBS Tower, the 50-story modern workplace community in the heart of Chicago’s famed central business district, the Loop. Irvine Company also announced that One North Wacker has received the prestigious LEED Platinum certification.
CRE N Illinois Ryan Huddlestun joins Colliers as SVP in debt and structured finance Colliers International | Chicago announced that Ryan Huddlestun has joined the company as a senior vice president in debt and structured finance. Huddlestun is based in Chicago and will work primarily with Colliers’ Midwest offices to help service the capital needs of the company’s clients.
Net Lease Midwest Commercial Real Estate Hall of Fame: The Boulder Group's Randy Blankstein Each year, Midwest Real Estate News elects a new class to its Midwest Commercial Real Estate Hall of Fame. Our 2018 class has just been announced, and copies of that issue have been sent. But before we start running those profiles online, we are highlighting the careers of the CRE pros who were selected for our 2017 Hall of Fame class. This…
Seniors Housing N Illinois Ventas' Debra Cafaro inducted into ASHA all of fame Ventas chairman and CEO Debra A. Cafaro was inducted into the American Seniors Housing Association’s (ASHA) Senior Living Hall of Fame on January 31, 2019, in recognition of her industry vision, innovation and foresight. Cafaro was honored alongside Sunrise Senior Living founder Paul Klaasen and National Investment Center for Seniors Housin…
Healthcare Midwest Welltower, CNL Healthcare exchange $1.25 billion MOB portfolio Welltower Inc. and CNL Healthcare Properties have entered into a definitive agreement under which Welltower will acquire a Class A medical office and outpatient facilities portfolio comprised of 55 buildings from CNL Healthcare Properties for $1.25 billion. The sale is expected to close during the first half of 2019, subject to customary cl…
Industrial N Illinois Holidays create new wrinkle for retailers: Reverse logistics One defense of brick-and-mortar retail holds that for some goods, consumers need to hold the product in their hands or try them on. But as e-tailers have streamlined return procedures, even more shoppers are moving to online, opting to instead send unwanted items back. Thus the e-commerce disruption continues to unfold as reverse logistics …
CRE N Illinois Tech advances are accelerating transactions for Chicago real estate pros Mike Demetriou runs a power brokerage in Chicago retail real estate circles. More precisely, he runs an empowered brokerage.
CRE O Indiana Investors in Indianapolis? They're searching for yield As intermediaries in the sale of investment real estate between institutions, private equity fund managers, REITs, family offices and a multitude of other participants, we are faced with the daily challenge of identifying the correct investment opportunities for the correct investors and their capital sources. Our team constantly asks: “Wha…
Finance N Illinois Mag Mile Capital promotes Suraj Desai Mag Mile Capital, formerly Aries Conlon Capital, has promoted Suraj Desai to associate vice president of originations and business development.
Healthcare Midwest Avison Young: Investors still sweet on medical office buildings Medical office buildings remain a favored target for investors eager to sink their dollars into commercial real estate. Avison Young, in its mid-year medical office update, reported that investors purchased 160 medical office buidings in the United States during the first half of the year.
Industrial Midwest Avison Young: Investors sinking dollars in single-user industrial Industrial space is high on the wish list of investors today. And industrial space that is fully leased to one user? That’s especially popular.
Office N Illinois Chicago metro office sector very active to start 2018 By just about any measure, the Chicago office market is looking strong to start the year.
CRE N Illinois Green Courte Partners announces senior management promotions Green Courte Partners, LLC, a private equity real estate investment firm focused on building industry-leading companies within niche real estate sectors, announced the promotions of David B. Lentz to chief executive officer, Steven S. Gearhart to chief operating officer and William Glascott to deputy chief investment officer. In conjunction…
CRE N Illinois Institutional Property Advisors adds Jordyn Berger to seniors housing group Institutional Property Advisors (IPA), a division of Marcus & Millichap, has hired Jordyn Berger as a director of the firm’s seniors housing group. Berger will focus on structuring and arranging debt, mezzanine and equity capital for owners, operators and developers of independent living, assisted living, memory care and skilled nursing facilities.
CRE V Michigan Colliers International names new managing director in West Michigan office Colliers International|West Michigan has named Kyle Sischo as its new managing director of real estate management services. He will oversee property management, customer service and asset management for Colliers’ clients and tenants.