Midwest

Chicago Fed’s David Oppedahl describes economy as ‘the tortoise and the hare’ at AIRE and SIOR joint luncheon

David Oppedahl, a senior analyst with the Federal Reserve's Chicago office, told more than 350 members of AIRE and SIOR that today's economy is a…

Celebrating Memorial Day the right way: City forms local real estate association serving veterans

VAREP aims to provide a space where real estate and financial service professionals can share ideas, get education and be empowered to better serve the…

Two Chicago industrial LEEDers appointed major SIOR national roles

Geoffrey Kasselman, executive managing director at Newmark Grubb Knight Frank's Chicago office, will soon be taking on another national industrial role.

Owner that bought foreclosed Arlington Heights retail plaza seeks investor, REIT interest

A 138,585-square-foot retail shopping center comprised of 32 shops, a six-plex movie theater, and eight office spaces in Arlington Heights is now on the selling…

Former Motorola campus in Harvard, Illinois sells for $9.3M on Ten-X

Bidding began at $2.7 million for the campus, which was originally built in 1997 to serve as Motorola's headquarters and distribution campus. The 1.5 million-square-foot…

Software company relocates along Michigan Avenue, nearly tripling its space

For the past three years, the firm has leased 6,709 square feet at 444 N. Michigan Avenue, but due to the firm's rapid growth and…

Power Home Remodeling Group quadruples its Midwest headquarters within O’Hare submarket

The company, which specializes in exterior home remodeling, will relocate from its 7,000-square-foot Rosemont, Illinois space 9450 West Bryn Mawr in November.

Opus starts construction on MC Machinery System’s new Elk Grove Village HQ

The company currently has operations in Wood Dale, Illinois, but needed to expand due to its growing workforce and need for additional space. The project…

JLL Property Income Trust buys Aurora Distribution Center for approximately $27 million

This is its second industrial acquisition in this market in the past six months, and the eighteenth property investment it has made in the industrial…

Perkins Manufacturing continues to expand, leases 75,000 square feet of industrial space in Bolingbrook

This marks the third move for Perkin's in the last nine years due to continued growth of the company. Perkins expanded out of a 14,000-square-foot…

Midwest

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