Hotel sector capitalizing on healthy demand
The hotel sector is seeing healthy demand via three major sources—corporate transient travel, group and conventions business and leisure travel. This demand is leading to…
JLL
JLL: Healthcare real estate shatters record
Medical office sales last year hit an all-time high. And JLL, in its latest research report, says that 2018 might be just as strong.
Chicago Real Estate Council’s capital markets outlook
The Chicago Real Estate Council brought together a prestigious group of lenders to discuss the state of the commercial mortgage lending market, 2018 production forecasts…
Irvine Co. brings three leases totalling 45,000 SF to Chicago’s One N. Wacker
Irvine Company Office Properties has leased a total of 44,458 square feet at One N. Wacker Drive, a 51-story tower in Chicago's Loop. The leases…
Lee & Associates negotiates 51k SF lease
Lee & Associates has closed a lease transaction for a 51,000-square-foot unit located at 1539 Hunter Road in Hanover Park, IL. Andrew Block, associate, and…
Equity Office brokers office relocation to Chicago’s River North neighborhood
Equity Office, the U.S. office portfolio company wholly-owned by Blackstone's real estate funds, announced that Gartner, Inc. will be moving its Midwest operations to River…
The Opus Group and JLL announce completion of Itasca office tower
The Opus Group and JLL announced the completion of a new corporate headquarters for the American Academy of Pediatrics (AAP) in Itasca. The 183,000-square-foot building…
Chicago’s data center market will continue to cruise in 2018
The global data center market went out strong at the end of 2017, and looks as if it will continue to surge for the foreseeable…
JLL closes sale of 117k SF industrial facility
JLL has completed the sale of 800 N. Church Street in Lake Zurich, IL. An affiliated entity of Midwest Industrial Funds (MIF) purchased the fully…
Commercial Real Estate Hall of Fame profile: JLL’s A.J. Weiner’s no stranger to the big CRE deals
Each year, Midwest Real Estate News elects the top CRE professionals into its Commercial Real Estate Hall of Fame. This year, we are running those…