More than 200 results for “venture one real estate”
Office N Illinois

Shapack nets record sale in Fulton Market

Shapack Partners has sold 811 W. Fulton Market to Boston-based Intercontinental Real Estate for $50.3 million. The sale price equates to $775 per rentable square, surpassing the previous record in Chicago of $734 that the RxBar headquarters at 412 N. Wells Street in River North achieved earlier this year.

Industrial N Illinois

Venture One acquires Gurnee industrial property

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 265,644-square-foot industrial building located at 605 Tri State Parkway in Gurnee, Illinois. The property was vacant at acquisition.

Industrial N Illinois

Chicago industrial snapshot: The I-80 corridor

| Matt Baker

Chicago’s I-80 corridor absorbed 1.5 million square feet net during the first half of 2019. However, the vast majority of that—1.3 million square feet—was recorded during the first quarter of the year with only one industrial lease signed in the second quarter.

Office N Illinois

MBRE, Hilco, Origin joint venture acquires West Loop property

A joint venture that includes senior executives Kevin Purcell and Peter Westmeyer from MB Real Estate (MBRE), Hilco Redevelopment Partners and Origin Investments has acquired 549 W. Randolph Street in the West Loop. MBRE will provide leasing and asset management services for the seven-story, 123,835-square-foot property.

Industrial N Illinois

Venture One acquires Des Plaines 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 171,022-square-foot, two-building industrial portfolio located at 76 Bradrock Drive and 31 E Oakton Street in Des Plaines, Illinois. Both properties were vacant at acquisition.

CRE N Illinois

CRE Future Leaders: Troy Beebe

Troy Beebe joined Essex Realty Group in 2016 where, as a director, he focuses on multifamily and mixed-use asset sales throughout suburban Chicago. He has an entrepreneurial spirit and has started numerous businesses ranging from information technology to self-storage and moving.

CRE N Illinois

CBRE's Bob Wislow, Camille Julmy form new venture

CBRE chairman, Bob Wislow, announced that he and CBRE vice chairman, Camille Julmy, are forming a new, boutique real estate venture, Parkside Realty, Inc. The real estate veterans will maintain their portfolio and develop new projects, such as an office building they are developing in Fulton Market.

CRE N Illinois

NAIOP Chicago recognize three university students with scholarships

NAIOP Chicago has named three 2019-20 University Scholarship recipients. The three students from Michelle Manjarrez of DePaul University, Vincent Stoll of Marquette University and Marlon Taylor of Roosevelt University exemplify the commitment and innovation coming from the new generation of Chicago’s commercial real estate industry.

Finance N Illinois

JLL arranges financing for ELEVATE in Chicago's Lincoln Park

JLL has arranged financing for ELEVATE, a newly built, 11-story luxury apartment building located in Chicago’s Lincoln Park neighborhood. JLL worked on behalf of the borrower, a joint venture between Baker Development Company and USAA Real Estate, to place the long-term, fixed-rate loan Fannie Mae through Greystone.