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Illinois Real Estate Journal People
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Lower office vacancy rates? You’ll find them closer to public transit stations
What helps lower the vacancy rate of an office building? Top-flight amenities help. So does a location in a walkable neighborhood. And equally important? How close an office property is to a train station or el stop.



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.



Associate at Stotan Industrial to execute new development opportunities in Chicago market
Blake Waeghe, in his new role as associate at Chicago's Stotan Industrial, will assist company founder and president Jim McGill in sourcing and executing new development opportunities for Stotan in the Chicago market.



The Apartment Source owner wins 2023 Chicago Association of REALTORS top-producer award
The Apartment Source (“TAS”) announced that Tyson Schutz, owner and managing broker of the company, has been awarded the 2023 Chicago Association of REALTORS Platinum Rental Top Producer award.



Itasca’s ML Realty Partners names asset manager
Matt Lamers has joined Itasca, Illinois-based ML Realty Partners as an asset manager. 



Illinois’ ML Realty Partners names senior asset manager
Itasca, Illinois-based ML Realty Partners promoted Ben Salomone to senior asset manager.



Chicago’s Stotan Industrial names chief administrative officer
Chicago-based Stotan Industrial hired Linda Pace as its chief administrative officer.



Marquette Companies forms strategic alliance with Deerfield’s Orion Residential Advisors
Marquette Companies, a multifamily development, investment and management company, has formed a strategic alliance with Deerfield, Illinois-based Orion Residential Advisors, an integrated multifamily investment and operating firm active in multiple markets nationwide.



Cresa names new principals with Chicago project management group
Cresa has added Jacqueline Loftis and Amanda Simon as principals with its Project Management Group in Chicago.



Chicago’s OKW Architects names president
Cole Gagnon has been promoted to president of Chicago-based OKW Architects.



Cleveland’s KeyBank Real Estate Capital names Midwest regional production manager
Cleveland-based KeyBank Real Estate Capital has appointed Patrick Kempton as the Midwest Regional production manager for a team focused on multifamily lending in the Midwest region.



Colliers names director of national office research
Colliers | U.S. has hired Marianne Skorupski as director of national office research.


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