Office W Minnesota KBS' Northland Center in Minnesota wins tech award KBS, an owner of commercial real estate, announced that Northland Center, a two-building, 492,514-square-foot Class-A office park, has become the first property to achieve Wired Certification in the Bloomington, Minnesota, market.
Office Q Kentucky JLL's Doug Owen: Clients aren't transactions. They're partners Doug Owen, senior vice president with the Louisville office of JLL, earlier this year won the Broker of the Year Award, in the office brokerage category, from the Kentucky Commercial Real Estate Alliance. Owen is no stranger to this honor. He won the same award in 2012, 2013 and 2017.
Office N Illinois BMO Tower officially breaks ground in Chicago Goettsch Partners celebrated the groundbreaking today for Union Station Tower, also known as BMO Tower, a new 50-story office building in Chicago. Goettsch is serving as the architect for the project, developed by Riverside Investment & Development and Convexity Properties and anchored by Montreal-based BMO Financial Group.
Office V Michigan NAI Wisinski leasing space in credit union headquarters in Kalamazoo NAI Wisinski of West Michigan announced that suites are for lease in the Advia Credit Union headquarters under construction at 6400 West Main St. in Kalamazoo, Michigan’s, Oshtemo Township. Advia has broken ground and anticipates its new building to be completed in early 2021.
Office N Illinois Golub & Company signs SFNR to full-floor lease at The 300 Chicago-based law firm Schoenberg Finkel Newman & Rosenberg (SFNR) has signed a 15,460-square-foot, long-term lease at The 300, located at 300 S. Wacker Drive in Chicago. Golub & Company’s Deborah Frank, senior vice president, and Sandy Macaluso, vice president, represented Golub, the building’s owner. Tony Karmin and Corby Marx of Colliers International represented SFNR.
Office N Illinois Forecast 2020: Corporate Relocations Paul Reaumond is the youngest professional to be named vice chairman in CBRE Chicago’s history. It’s a title well earned, as he has helped engineer numerous deals bringing high-profile corporate relocations to Chicago.
Office W Minnesota CBRE sells 219,000-square-foot office building in St. Paul CBRE recently represented Trident Pacific Real Estate Group, Inc., in the sale of Cray Plaza, a 219,313-square-foot office building in St. Paul, Minnesota, to Bigos-Galtier, LLC.
Office V Michigan Agree Realty completes The Howe company building in Michigan Agree Realty Corporation recently completed its second company building at 44 E. Long Lake Road on the company’s campus in Bloomfield Hills, Michigan.
Office N Illinois Ryan Companies, IBT Group to develop office/retail project in Fulton Market Ryan Companies and development partner IBT Group plan to develop a 700,000-square-foot, mixed-use project at 1200 West Fulton Market in the Fulton Market District of Chicago. The project, dubbed Axis West at Fulton Market, will bring more office and retail space to the dynamic community that continues to flourish and expand.
Office X Missouri NorthMarq provides $3 million loan for St. Louis retail/office center Jeffrey Chaney, senior vice president/managing director of NorthMarq’s St. Louis-based regional office, secured $3.5 million in acquisition financing for Balmoral Plaza in St. Louis.
Office V Michigan Signature closes 63,000-square-foot hi-tech sale in Michigan Signature Associates has negotiated the lease of 63,470 square feet of hi-tech space at 800 Tech Row in Madison Heights, Michigan.
Office N Illinois Cushman & Wakefield represents landlord in Suburban Chicago's largest lease of 2019 US Foods, a Fortune 500 company and one of America’s leading food service distributors, has signed a lease renewal of 275,000 square feet with options to expand at Riverway in Rosemont, Illinois. This is the largest office lease signed in the Chicago suburbs since 2017.
Office N Illinois The nonprofit niche: A world of low rents and high concessions A nonprofit organization is an office user unlike any other, one that usually commands the lowest rents in a property or that is able to negotiate generous concession packages. But tenant reps will have to take a customized approach, based on deep market knowledge, to nail down the deals that these firms don’t just want—they need.
Office N Illinois Spec suites and shared office program kicked off at Concourse Chicago Berger Asset Management and NAI Hiffman have just launched a spec suites and shared office program at the newly renovated Concourse Chicago, the 12-building, 165,000-square-foot first class office complex in the heart of the O’Hare office market. Concourse Chicago is located at 8601-8623 Bryn Mawr Avenue and 8600-8622 Catalpa Avenue in Chicago and is just steps from the Blue Line.
Office W Minnesota CBRE closes sale of Xcel Energy headquarters in Minneapolis CBRE recently represented GDSX, L.L.C. in the sale of Xcel Energy Corporate Headquarters, a 212,000-square-foot office building at 401 Nicollet Mall in Minneapolis, to Sentinel Acquisitions Corporation.
Office N Illinois Clear Height Properties leases three spaces in Western Suburbs Clear Height Properties has completed three leases at two properties that it owns and manages in Chicago’s western suburbs. The nearly 23,000 square feet of leases include two renewal/expansions in Elmhurst, Illinois and a relocation to a facility in Elk Grove Village, Illinois.
Office N Illinois JLL closes $128.5M sale of trophy office tower in Downers Grove, Illinois JLL closed the $128.5 million sale of 3500 Lacey Road, a Class A trophy office tower totaling 583,982 square feet in the Chicago-area community of Downers Grove, Illinois. JLL marketed the property on behalf of the seller, BentallGreenOak’s US Core Fund, and procured the buyer, KORE Investments.
Office N Illinois CBRE launches enhanced tenant engagement program in Chicago, nationally CBRE Global Investors is launching its new “Above & Beyond for Business” (A&B) tenant experience program at office buildings across the United States. The program is now live at 150 N. Michigan Avenue in Chicago, as well as in other major U.S. markets including Atlanta, Dallas, Southern California (Anaheim, Irvine and Pasadena), Portland, Oakland and Washington, D.C., with other markets slated to roll out in the coming months.
Office N Illinois Loft office building in River North sells for $17 million A group led by Chicago trader and investor Michael Palumbo has sold the property at 435 N. LaSalle Street in Chicago's River North neighborhood for $17 million after holding it for four years. The buyer is Vista Property Group of New York and New Jersey.
Office O Indiana MAG Capital Partners buys 51,000-square-foot office building in Indiana Fort Worth, Texas-based MAG Capital Partners, LLC has acquired 3900 E. White Ave., with more than 82 acres of land, in Clinton, Indiana, through a sale-leaseback transaction.