Chicago

A year later and demand for mid-sized multifamily still drives suburban apartment development

When the COVID-19 pandemic resulted in first shelter-in-place orders being enacted nearly a year ago, Kinzie Builders was in the early stages of constructing two…

Duke Realty names SVP and regional leader for Chicago, Minneapolis and Indianapolis

Duke Realty Corporation promoted Susan Bergdoll to senior vice president of leasing and development and regional leader for its Chicago, Minneapolis and Indianapolis markets. In…

CBRE study: Doing business near airport hubs isn’t cheap for distribution firms (And opening near O’Hare? That’s really expensive.)

It makes sense that companies want to open their distribution centers near the country's major air hubs. This makes sense for companies looking for the…

Study finds big drops in apartment rents in Minnesota, Illinois

The multifamily market has been especially resilient during the last 12-plus months. But even this sector has been hit in some ways by the COVID-19…

Ready for the boom: Multifamily pros expect good times as life returns to normal

Renters were flocking to new apartment buildings in downtowns across the Midwest, often filling these spaces before construction even wrapped. Renters by choice – both…

CBRE adds hospitality veteran to Midwest staff

Diane Fox, a veteran of more than 25 years in hotel acquisitions and asset management, has joined CBRE as senior vice president of the company’s…

Back to the office: Just what will that look like?

COVID-19 vaccinations are increasing in the United States, with the country now administering more than 2 million doses a day on average. This is leading…

Women in Construction Week 2021: Meet Clayco’s Bethany Crispin

Women in Construction Week celebrates the growing role of women in the construction industry and raises awareness of the opportunities available for women in construction.…

Midwest Commercial Real Estate Hall of Fame: Berkadia’s Aaron Abelson

Each year, Midwest Real Estate News inducts a new class in its Commercial Real Estate Hall of Fame. Last year — despite the challenges it…

1.5 billion square feet! STORAGECafe report shows that self-storage industry remains strong

Commercial sectors that have best weathered the economic downturns caused by the COVID-19 pandemic? Most people would point to industrial and multifamily. But there's another…

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