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CHICAGO-Bruce T. Hopple brings experience from $2 billion in office deals to Colliers Bennett & Kahnweiler while Jones Lang LaSalle goes outside the company to bolster its capital markets group with the hiring of David Hendrickson and Nat Rockett.
CHICAGO-Productivity Point International moves to 14,357 sf at 230 W. Monroe St., but the Illinois Facilities Fund opts for 11,898 sf at 1 N. LaSalle St.
NORTHBROOK, IL-Los Angeles-based RP Properties grosses $12 million on the sale of the five-building, 334,955-sf shopping center southwest of the Edens Expressway interchange at Lake-Cook Road. New ownership is a four-entity partnership that includes Principal Mutual.
NORTHBROOK, IL-The number of available properties and their value has tripled since March, according to the Boulder Group. Chicago net-lease properties make up about 4% of the US market, despite a population base of less than 3% of the national total, the firm notes.
OAK BROOK, IL-John S. Gates, Jr. remains co-chairman of the company, but Michael M. Mullen takes over as chief executive officer while Paul S. Fisher moves up to president of the REIT, which has a 38-million-sf industrial portfolio.
CHICAGO-Melville, NY-based DJM Asset Management is hired to sell the 16-story building at 4180 N. Marine Dr., where 159 of the 189 condominiums remain unsold. Properties in Aurora, Des Plaines, Forest Park and South Barrington also can be bought in sealed bids due Oct. 14.
CHICAGO-Included in the complex deal is $99 million for the 510,757-sf Commerce Plaza at 2001-2021 Spring Rd. in Oak Brook, which Equity Office Properties acquires from Rreef along with an Orange County office property.
LONG GROVE, IL-The north suburban submarket lands Austin, TX-based company Freescale Semiconductor, which leases about 25% of 4 Kemper Dr. in the Kemper Lakes Corporate Center.
BOLINGBROOK, IL-The Atlanta-based real estate development company has a 188,500-sf building under construction in its Veterans Corporate Center, which ultimately is expected to include 675,000 sf of new space.
OTTAWA, IL-The $32-million project at McShane Corp.'s Interstate Commerce Center at I-80 and Route 23 gets $2.7 million in state help, one of the deciding factors in the Phoenix-based pet supplies company's decision.
From Placer.ai
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Download ResourceFrom Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download ResourceFrom TheGuarantors
Renter default is a critical challenge. This report, based on a survey of 400+ multifamily professionals, reveals key trends, economic drivers, and mitigation gaps to help you build resilience in 2025. You'll gain insights into the root causes of renter default, the operational strains it can put on your portfolio, and strategies you can leverage to protect your investments and maintain stability.
Download ResourceFrom Building Engines
How do your building operations measure up? Use this detailed scorecard to evaluate your operational approach across five key areas.
Download ResourceFrom TheGuarantors
Skyrocketing economic uncertainty means it’s essential for multifamily owners and operators to strengthen risk mitigation capabilities. Discover expert insights from industry experts, including the President of NMHC, to tackle 2025 challenges such as slower lease-ups, cost pressures, renter fraud, high reliance on concessions, and more.
Download ResourceFrom Placer.ai
Dive into the data to explore domestic migration patterns over the past four years -- and uncover states and metro areas emerging as relocation hotspots in 2025.
Download ResourceFrom Assurant
Picking the right renters insurance can be a headache. This guide will help you find the perfect partner for your multifamily properties so you can boost resident participation and lower your risk.
Download ResourceFrom Placer.ai
Are you noticing unexpected shifts in office occupancy and commuter behavior? This report reveals how evolving work patterns are challenging CRE brokers and offers crucial, data-backed insights for 2025. Discover a detailed analysis of office visit fluctuations, an in-depth look at midweek work trends, accurate forecasts for market recovery, real-world examples to inform strategic decisions, and actionable metrics to guide client advising. Download your copy today!
Download ResourceFrom Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download Resource