Office N Illinois Accenture expands, takes naming rights at Chicago's 500 West Madison The Helmut Jahn-designed building at 500 West Madison in Chicago will now be known as Accenture Tower, following a lease expansion by the Dublin, Ireland-based professional services company. Accenture now occupies 226,486 square feet in the property—owned by KBS Real Estate Investment Trust III—enough space to accommodate all of its approximately 6,200 area workers and to hire another 600 tech employees by 2022.
Office N Illinois Three-property office portfolio sells in Chicago’s Fulton Market District Newmark Knight Frank (NKF) arranged the sale of a three-property office/retail portfolio in Chicago’s Fulton Market District. NKF senior managing director, Andy Gallas, and managing director, Gino Tabbi, of NKF’s Chicago office, oversaw the transaction on behalf of the seller, a joint venture between Madison Capital and ASB Real Estate Investments (ASB), and the undisclosed buyer.
Office N Illinois Construction begins on new Fulton Market office building, Fulton East Construction has started on Fulton East, a 12-story, 90,000-square-foot office and retail building at 215 N. Peoria Street, in the heart of Chicago’s Fulton Market District. Developed by Peoria Green Owner LLC, a venture of veteran Chicago-based real estate developers Bob Wislow and Camille Julmy, the project should wrap up by spring 2020.
Office P Kansas Law firm moving to Copaken Brooks-owned office building in Kansas Spencer Fane LLP is moving its Overland Park, Kansas, office this year to a new property owned and managed by Copaken Brooks.
Office N Illinois Redefining the suburban office Downtown Chicago has benefitted from a steady stream of corporate relocations in the recent past. Many of these companies didn’t have far to move as they were already in the suburbs. So how is the suburban office market coping with all of these emigrations?
Office W Minnesota CBRE sells Two22 office tower in Minneapolis CBRE recently represented Principal Real Estate Investors in the sale of Two22, a 730,000-square-foot, 42-floor office tower in Minneapolis, to Lingerfelt Commonwealth Partners, LLC, a Richmond, Virginia-based commercial real estate investment firm.
Office N Illinois Savills secures lease for Skidmore, Owings & Merrill in Chicago Savills completed a long-term lease restructuring and renewal for the Chicago office of Skidmore, Owings & Merrill LLP (SOM). The global architecture firm will occupy 55,988 square feet in the Railway Exchange Building, located at 224 S. Michigan Avenue in Chicago’s East Loop.
Office i Ohio Hines wraps major renovations at Columbus' Huntington Center Renovations at Huntington Center, a 1-million-square-foot, 37-story office tower in downtown Columbus, Ohio, have wrapped. The office buildng, developed by international real estate firm Hines in 1984, received $16 million of repositioning and renovation work.
Office i Ohio It's all about the flexibility: Coworking still surging across the Midwest It’s a trend that is showing no signs of slowing: Coworking spaces are popping up across the country. And the Midwest is no exception, as both small companies and their bigger cousins are looking to coworking spaces to provide flexible work options for their employees.
Office W Minnesota Paul Bunyan Communications expanding in Grand Rapids Paul Bunyan Communications will be building a new facility in Grand Rapids, Minnesota, beginning this summer and opening in the late spring of 2020.
Office N Illinois GSF opens tenth innovation center In Chicago's West Loop Irvine, California-based Golden State Foods (GSF) unveiled their newest office space and Innovation Center in Chicago’s West Loop neighborhood. The space features product development workstations and was designed to be a food innovation hub as well as to replicate full-scale plant production systems for efficient commercialization.
Office N Illinois Skender wraps up interior work on new Vital Proteins HQ in Fulton Market Skender, serving as general contractor, recently completed the interior renovation of the 40,000-square-foot headquarters of Vital Proteins, a fast-growing private retailer of health supplement products. Vital Proteins has assumed full occupancy of the four-story 939 W. Fulton Street, one block from Google’s Midwest headquarters in Chicago’s Fulton Market neighborhood.
Office X Missouri Epoch developing $25 million spec office building in Kansas City Epoch Developments is moving forward with a $25 million speculative office building as a Transit Oriented Development on what is now a surface parking lot at the northwest corner of Third and Delaware in Kansas City, Missouri.
Office i Ohio Cushman & Wakefield closes 10,000-square-foot office lease in Cleveland Cushman & Wakefield’s Jim Krivanek represented business advisory firm Skoda Minotti in its search for office space in downtown Cleveland. The firm plans to take about 10,000 square feet on the eighth floor of the Fifth/Third Center at 600 Superior Ave. in Cleveland.
Office V Michigan The goal for south Ann Arbor? Building that neighborhood feel Vacant space is far from plentiful in downtown Ann Arbor. But that doesn’t mean there isn’t room for new retailers, apartment units and restaurants in the areas surrounding the center of this town. That’s especially true of an area south of Ann Arbor near the intersection of State Street and Eisenhower Parkway.
Office L Iowa KDC begins construction on corporate headquarters in West Des Moines KDC has begun construction on Sammons Financial Group’s new corporate headquarters in West Des Moines, Iowa. Designed to accommodate the company’s growth during the next 20 years, the six-story, 215,00- square-foot building will provide space for about 200 new jobs in addition to the existing workforce of more than 500 employees in the West Des Moines area.
Office W Minnesota KW Commercial sells 29,000-square-foot office building in Minnesota KW Commercial closed the sale of Birch Lake Professional Building at 1310 Highway 96, a 29,000-square-foot two-story office building just east of Interstate-35E along Highway 96 in White Bear Lake, Minnesota.
Office O Indiana Big sale of Indianapolis' Keystone at the Crossing six-building office campus Equus Capital Partners, Ltd. in June announced the sale of Keystone at the Crossing, a 1.054-million-square-foot, six-building Class-A office campus on 27 acres in Indianapolis.
Office X Missouri Block brings new tenant to 46 Penn Centre in Kansas City RSM US LLP is relocating its Kansas City, Missouri, office in July of 2020 to 46 Penn Centre, a Class-A, 14-story, 214,000-square-foot office building being developed by Block Real Estate Services, LLC on the Country Club Plaza.
Office N Illinois Chicago's downtown office market outpaces the 'burbs The Chicago metro area added 63,000 jobs between February 2018 and 2019, according to the U.S. Bureau of Labor Statistics—a 1.4 percent increase. As many of these are high-wage jobs, this employment growth is adding fuel to the fiery downtown office market.