Become a GlobeSt influencer! Learn about our latest recognition opportunities highlighting the individuals, firms and teams changing the commercial real estate landscape.
Chicago's original leading source for commercial real estate news, analysis, trends, events and resources in office, industrial, retail, multifamily, hotel, healthcare and net lease property sectors.
The location, near FedEx and UPS hubs, coupled with a Hendricks County 10-year tax abatement, will provide exceptional advantages for logistics users, says Curran Darling, DRG's senior vice president.
“Kristen elevates every project she undertakes, whether it's leading operations at 1130 S. Michigan, creating company-wide employee recognition programs, supporting the industry with her involvement in professional organizations, or giving back to the community through charitable initiatives,” says Julie Stevlingson of Draper and Kramer.
"We saw this as a great opportunity to provide a structured investment in a development project that is extremely promising, given the ongoing local demand for high-quality residential and retail product," says Matt Drummond, Square Mile Capital.
“203 N. LaSalle St. is in position to capture the interest of growing tenants, like InnerWorkings, seeking large floorplates, new amenities, and access to the city's workforce,” says Transwestern's Jeff Dowdell.
The new 58,000-square-foot lease includes two penthouse floors of 110 North Wacker Drive, set to be Chicago's tallest office building delivered in 30 years.
The two companies reported this morning the transaction has been unanimously approved by the boards of directors of both companies. Mark Gibson, CEO of HFF, will join JLL as CEO, Capital Markets,
“This property required a specific buyer profile and we were pleased with the national investor interest,” says Michael D'Agostino of Kiser Group. “In addition to the buyer's focus on affordable housing, they saw opportunities to add value in the market rate units and the parking garage as well.”