More than 200 results for “virtual reality”
CRE N Illinois

CRE Future Leaders: George Mack

| Matt Baker

George Mack joined Cresa in 2016 and has past experience raising debt and equity for corporate users of real estate. Mack has consulted on transactions valued over $120 million and advises Fortune 500 companies and private equity clients in asset monetization, office relocation, build-to-suit development, balance sheet restructuring and the…

Hospitality N Illinois

Construction wraps up on $67 million River North hotel project

Mortenson recently completed the newly opened 17-story, 206-room Home2 Suites by Hilton Chicago River North. Mortenson teamed up with lead developer and owner Akara Partners on the $67 million extended stay hotel, one of the few Home2 Suites by Hilton’s urban high-rise hotels, while also serving as the design-builder with Norr Architects.

CRE N Illinois

Clear Height Properties adds to growing team

Clear Height Properties has named Nena Guillory Hamilton as controller. In this position the accounting and commercial real estate veteran is responsible for financial and accounting functions for the company and its expanding commercial real estate portfolio. The firm also announced the appointment of Joe Young as vice president, asset man…

Office N Illinois

Coworking flexes its muscles

| Matt Baker

Coworking is a quite misunderstood segment of the real estate economy. It seems novel, but its roots go back to the ‘70s. It’s users are young start-ups, except when they are Fortune 100 multinationals. So just what is the reality about this emerging asset class and where are things headed?

CRE N Illinois

CRE Future Leaders: Brendan Sheahan

| Matt Baker

With experience representing tenants, buyer and ownership representation in build-to-suits, investment analysis, acquisition and disposition services, Brendan Sheahan serves as vice president at Darwin Realty. He has completed over 1.3 million square feet of transactions totaling more than $30 million in value.

Office N Illinois

Leopardo completes, and moves into, new Fulton Market office building

Leopardo has completed construction of the new 200,000-square-foot, 12-story boutique office building at 210 N. Carpenter in Chicago’s Fulton Market District. In addition to serving as general contractor, Leopardo is also one of the building’s first tenants, having signed a long-term lease for a 24,000-square-foot space that is now the new …

Multifamily N Illinois

275-unit South Loop multifamily project breaks ground

Draper and Kramer, Incorporated announced that it has started construction on 2111 S. Wabash Avenue, a 24-story, 275-unit building in the McCormick Square area of Chicago’s South Loop. Located less than one block from the CTA’s Cermak/McCormick Place Green Line station, the transit-oriented development will offer residents a convenient loca…

CRE N Illinois

What’s really included in a tenant improvement allowance?

| Ashlee Pforr

Companies planning to move their offices have plenty of factors to consider, including whether to move into a new building or renovate a space in an older building. In either scenario, building owners offer tenant improvement (TI) allowances to help with the cost of making the space your own.

Industrial N Illinois

Industrial projections and prognostications

| Elise A. Couston, SIOR

To kick off the New Year, we thought it would be interesting to hear some “projections and prognostications” from several of the top developers who are most active in the marketplace. Here is what they all had to say about their thoughts for CRE in 2019.

Office N Illinois

Skender completes construction of Aspen Dental Midwest headquarters

Skender, serving as interior construction manager, has completed construction of Aspen Dental’s new 50,000-square-foot Midwest headquarters. Aspen Dental, an East Syracuse, New York-based company that provides administrative and business support to branded dental practices, has relocated to the art deco building vacated by Sterling Bay at 1…