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Industrial: What to know going into 2023
2022 was a banner year and all things considered, it’s predicted that 2023 will be just fine, potentially delivering some of the biggest projects to date—but not entirely without challenge



Crystal Lake is the clear leader for real estate business development
The City of Crystal Lake continues to grow, leading to strong retail, office and industrial real estate markets with outstanding, ongoing opportunities for growth.



CRE Future Leaders: Chris Mergenthaler of DarwinPW Realty
Currently Vice President, Chris joined Darwin Realty/CORFAC International after graduating from the nationally-recognized Florida State University College of Business where he studied finance and entrepreneurship, with a specialization in real estate.



Stream Realty Partners hires managing director to help lead office tenant representation in Chicago
Stream Realty Partners has recruited a 17.5-year commercial real estate veteran with strong ties in the Chicago area to help lead its office tenant representation team.



Clear Height Properties welcomes new vice president, asset management and acquisitions
Clear Height Properties has hired Kevin Bufalino as its new vice president of asset management and acquisitions. Bufalino will help capture new opportunities to further expand the asset management platform as the real estate investment and management firm continues to enjoy tremendous growth through significant Midwest industrial real estate acquisition activity.



CBRE promotes new vice chairman in Chicago
CBRE announced that Bruce Westwood-Booth of CBRE Capital Markets has been promoted to vice chairman, the highest title ranking among producers at the firm.



Cresa adds three advisors to its Chicago team 
Cresa, the world’s largest occupier-centric commercial real estate firm, has added three more advisors to its local team, announced Cresa Chicago Market Leader Tad Laws.



Nick Curran joins Baird & Warner’s Lincoln Park office
Baird & Warner, Illinois’ largest family-owned independent real estate services company, announced it has recruited Nick Curran to join the firm’s Lincoln Park office in Chicago. Curran joins Baird & Warner from Jameson Sotheby’s International Realty, where he had served as an agent since 2018. 



NAI Hiffman’s Dennis Hiffman honored with Inspiring Leader Award by Oak Brook Chamber of Commerce
NAI Hiffman announced the Greater Oak Brook Chamber of Commerce honored Dennis Hiffman, founder and chairman of both NAI Hiffman and Hiffman National, with the newly created Inspiring Leader Award at a special luncheon ceremony at Gibsons in Oak Brook, Illinois. The award is intended to recognize a business leader in the Oak Brook and Oakbrook area who has significantly impacted the community through commerce, volunteer and mentorship contributions. 



Inland Securities Corporation adds to its talent roster, hiring four regional associates
Inland Securities Corporation (ISC or the Company) announced the hiring of four regional associates. Brody Barlow, Andrew Cheek, Kennedy Collier and Brendan Tammany, all hold regional associate II titles. They will be responsible for developing sales opportunities and supporting financial advisors with relationship management within their respective sales territories.  



Announced: 2023 CREW Chicago Board of Directors
CREW Chicago has recently announced its 2023 CREW Chicago Board of Directors, as follows:



BOMA/Chicago elects new officers, board members for 2023
The Building Owners and Managers Association of Chicago (BOMA/Chicago) announced today that Phil Stafford, chief operating officer of Colliers Chicago, was elected president of the association effective immediately. Stafford was elected during the association’s 2022 Annual Meeting held on Thursday, November 17 at the Hyatt Regency Chicago. Stafford succeeds Derrick Johnson, senior vice president of Zeller, who completes two years as president this year.  


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