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Centrum Partners celebrated topping off its latest development, Hubbard221, with a party at Sub51, the company announced Wednesday.
Amtrak selected a team led by Riverside Investment & Development to develop commercial elements of the Chicago Union Station, according to a statement from the mayor's office.
Roosevelt University announced the appointment of Collete English Dixon as the executive director of the Marshall Bennett Institute and chair of Real Estate in the Heller College of Business.
Hoffmann Commercial Real Estate plans to purchase the Winnetka Galleria and the Lakeside Foods building, according to a statement from the company.
Ted Claney has joined the retail advisory and transaction services team in the company's Wichita, Kansas, office.
The retail sector is facing plenty of challenges, with online sales biting into the profits of brick-and-mortar retailers. But there is one traditional retail sector that continues to thrive today: retail centers anchored by grocery tenants.
Marvin Petrous has joined the retail division of Signature Associates, and will focus on properties on the west side of the Detroit metropolitan area.
In the Chicago market retailers have been expanding but only a modest amount of new development has been delivered, according to a Q2 report from Marcus & Millichap. This sets the stage for increased rent growth in the coming months.
The availability of anchor retail space in Chicago is at a record high, according to a recent report from CBRE.
We all know that commercial real estate is key for the economies of cities across the country and Midwest. After all, these buildings sometimes shell out huge dollars in property taxes each year.
Marcus & Millichap recently sold a 4,998-square-foot retail property housing a Wells Fargo branch in Minot, North Dakota. The property sold for $3.44 million.
V3 Comapnies has made 8 employees shareholders, according to a company announcement.
Canal Street Self-Storage, a 66,063-square-foot and 79-unit facility in Chicago was sold to a new owner for an undisclosed amount, according to Marcus & Millichap.
Fitness chain Orangetheory Fitness will open a new location in Cleveland at 740 Prospect Ave. This will give the chain eight locations in the Northeast Ohio market.
Baceline Investments recently acquired the Shoppes at Forest Green shopping center in Louisville, Kentucky -- along with another center in Albuquerque, New Mexico -- for $7 million.
Will Sutila joined Leopardo as a strategic accounts manager, the company announced Monday.
RE/MAX Northern Illinois hired Chris Calomino as the company's marketing communications manager.
Rockwell Partners completed the $30.5 million acquisition of Mont Clare Apartments, a mixed-use property including 281 units and 21,000-square-feet of commercial space anchored by U.S. Bank.
It's easy to think that big-box, big-name retailers are going extinct. Shoppers are flocking to Amazon and other online retailers to buy everything from furniture to computers to suits. And the headlines are filled with big-name retailers such as Macy's, Sears and J.C. Penney announcing their latest round of closures.