Office N Illinois West Loop office property sells for $8 million A 27,895-square-foot, brick and timber loft office building sold at 327 N. Aberdeen in Chicago’s rapidly developing Fulton Market neighborhood. The property, which is one block from Google’s Midwest headquarters and three blocks from McDonald’s new world headquarters, sold for $8,150,000.
Office N Illinois Luxury apartment building Optima Signature enters co-working game, will lease out business suites Optima, Inc. is currently leasing fully furnished commercial office suites at Optima Signature, a 57-story, 490-unit Class A tower at 220 E. Illinois Street in Chicago’s Streeterville neighborhood. The suites are available to nonresidents of the building as well as residents. In a unique offering in the popular co-working market, individuals and small businesses leasing space at Optima Signature also have access to the development’s 1.5 acres of amenities across three floors.
Office V Michigan Friedman closes 19,000-square-foot office lease in Michigan Friedman Real Estate recently leased 19,219 square feet of office space at North Troy Corporate Park, 5505 Corporate Drive, Suite B, in Troy, Michigan. The landlord, OCHN, leased the space to Community Housing Network.
Office X Missouri Intelica CRE closes pair of deals in St. Louis market Clearent LLC recently leased 30,000 square feet of office space in Creve Coeur, Missouri.
Office N Illinois Tegus signs on for 14,195 SF at 120 South LaSalle Colliers International Chicago’s Tony Karmin and Joe Stevens represented Tegus, a fast-growing primary research platform that powers the decision-making process of institutional investors, in its new 14,195-square-foot, long-term lease at 120 S. LaSalle Street. The firm will move into the Chicago Loop property, owned by Toronto-based Slate Office REIT, in April 2019.
Office v Wisconsin Kahler Slater moves to new office in Madison Global design firm Kahler Slater has moved its Madison, Wisconsin, office from the Capitol Square to 722 Williamson St. in Madison.
Office v Wisconsin Colliers closes 13,000-square-foot office deal in Milwaukee Gimbel, Reilly, Guerin and Brown, LLP has renewed and expanded 13,057 square feet of office space at 330 Kilbourn Ave., Suite 1170, in Milwaukee.
Office N Illinois Chicago’s East-West Corridor underperforms, depending on where you’re looking Chicago’s East-West Corridor runs along I-88, from Westchester out to the fringes of the MSA at the Fox River, with communities like Aurora and St. Charles. But the submarket is bifurcated by another highway, and the performance of office spaces were much different at the close of 2018, depending on which side of I-355 one is looking.
Office v Wisconsin Transwestern helps close sale of iconic office building in Milwaukee Anzomade purchased the 1897 mansion at 1037 N. Astor St. in Milwaukee. The 4,860-square-foot office building has had just three owners during its lifetime, starting with James Ilsley, the son of the founder of Marshall & Ilsley Bank.
Office N Illinois Elgin office building sells for $1 million Marcus & Millichap announced the sale of a 9,562-square-foot, two-tenant office building located at 452 N. McLean Boulevard in Elgin, Illinois, according to Steven D. Weinstock, regional manager of the firm’s Chicago Oak Brook office. The 100-percent leased property sold for $1,000,000.
Office V Michigan CBRE: Detroit office market poised for strong start in 2019 The coming months look like bright ones for the Detroit office market, as the sector closed 2018 on a strong note, according to the latest research from CBRE.
Office N Illinois Consulting firm Slalom moves to Chicago's Aon Center Slalom, a consulting firm focused on strategy, technology and business transformation, announced the relocation of its Chicago office from Prudential Plaza to the Aon Center. The firm’s Chicago consulting business and build center, Slalom Build, will now occupy 65,000 square feet on two floors at the Aon Center, more than doubling their previous office space in Chicago.
Office N Illinois Why Chicago continues to compete nationally on office growth Growth is good. And with a growing number of headquarters calling the Chicago MSA home, the area’s magnetism for regional, national and global office users is only strengthening.
Office N Illinois Colliers arranges 18,375 SF lease in Rosemont's One O'Hare Centre Colliers International | Chicago represented MDC Realty Advisors and Nicola Crosby Real Estate, owners of One O’Hare Centre, in its 18,375-square-foot lease to Duck Creek Technologies. The Boston-based software company will partially occupy the 5th floor of the 12-story, 380,360-square-foot, Class A office building located at 6250 N. River Road in Rosemont, Illinois.
Office O Indiana STREAM Capital Partners closes MOB sales in Indiana, Illinois STREAM Capital Partners, LLC arranged the sale-leaseback of a two-property portfolio, a freestanding medical office building in Chesterton, Indiana, and a medical office condo in downtown Oak Park, Illinois.
Office V Michigan Newmark Knight Frank: Despite vacancies, expect big 2019 for Detroit's CBD Office vacancies in Detroit’s CBD rose in the fourth quarter of 2018, the first time these rates increased in nearly seven years, according to the latest research from Newmark Knight Frank.
Office N Illinois Chicago Post Office project nabs third tenant in CMAP Activity continues to buzz in the southwest corner of the Chicago CBD. The Chicago Metropolitan Agency for Planning (CMAP) will move into 47,000 square feet of space within the redeveloped Post Office building. The transition will occur mid-2020.
Office W Minnesota CBRE closes sale of iconic Minneapolis-area office building CBRE Capital Markets has arranged the sale of the iconic Minnesota Center office building in the Minneapolis market to Altus Properties.
Office Midwest Forecast panelists: Office owners who don't offer experiences will struggle Want to attract tenants to your office space? You’ll need to follow the path of the most successful retailers today and offer your tenants not just cubicles and a sprawling front lobby but an experience.
Office N Illinois Podolsky Circle negotiates renewal, relocation at Riverwoods Corporate Center Podolsky Circle CORFAC International recently arranged a long-term lease renewal and relocation of RPG-Life Transition Specialists (RPG) and Senior Services of Illinois (SSI) at Riverwoods Corporate Center, 2610 Lake Cook Road, Riverwoods, Illinois. Podolsky Circle principals Adam Tarantur, CCIM and broker/developer Randy D. Podolsky represented the property owner, RCC JV, LLC, in the lease negotiations.