For cap rates, stability the driving force
During the second half of 2018, capitalization rates broadly remained stable, buoyed by a trio of macro factors—positive economic growth, abundant capital and a favorable…
CBRE
Lee & Associates of Illinois negotiates industrial lease in Bedford Park
Lee & Associates has closed a lease transaction for a 134,852-square-foot industrial space located at 5025 W. 73rd Street, Suite A in Bedford Park, Illinois.
Newcastle Limited buys multifamily community in River West
Newcastle Limited has purchased Kenect Chicago, a two-building apartment community located at 504 and 505 N. Green Street in Chicago's River West neighborhood. CBRE represented…
New spec industrial building planned for I-88 Corridor
The Pizzuti Companies and their partner, Molto Properties, have announced plans for a new 274,000-square-foot speculative industrial building in Aurora, Illinois. Located on Mitchell Road…
Online shopping and shipping propel warehouse deals in Chicago, across the country
The stimulus that e-commerce and logistics companies are having on warehouse construction in the U.S. grows every year, and last year was no different. The…
St. Louis pro named vice chairman at CBRE Capital Markets
Matt Bukhshtaber has been promoted to vice chairman of CBRE Capital Markets. This is the highest title rank among producers at the firm.
CBRE report: A new tech revolution is sweeping Cleveland
Is a new industrial revolution taking place in Cleveland? A report from CBRE says there is, and that's good news for the region's commercial real…
CBRE represents League Inc. in U.S. headquarters lease in Chicago
CBRE recently represented Toronto-based League Inc. in a 12,089-square-foot lease at 515 N. State St. in Chicago. League, a leading digital benefits platform turning benefits…
CBREs John Latessa named to The Daniel Burnham Fellowship
John Latessa, president of CBRE’s Midwest division, was recently named to the inaugural class of Leadership Greater Chicago’s (LGC) The Daniel Burnham Fellowship.
CBRE represents Kin Insurance in lease at Chicago’s 55 W. Monroe
CBRE recently represented Kin Insurance in a 20,761-square-foot sublease at 55 W. Monroe, where the fast-growing online insurance provider will establish its first Chicago headquarters.