Newmark report: Twin Cities office market still faces challenges
Stagnant. That's the word that jumps out in the Minneapolis-St. Paul first quarter 2021 office market report released yesterday by Newmark.
Newmark
The post-pandemic downtown part 4: A quicker recovery than expected?
Downtowns have certainly suffered during the COVID-19 pandemic. But not all commercial real estate professionals expect the pain to last much longer.
Telos Group brokers one of the biggest Chicago office leases during the pandemic
The Telos Group, LLC (Telos) and Newmark announced a new lease to Nixon Peabody LLP at 70 W Madison in Chicago. Telos represented the landlord,…
Newmark helps manufacturer of pea proteins find HQ space in Minneapolis
Newmark closed the 15,475-square-foot headquarter lease of Puris Holdings, LLC. at 811 Glenwood Ave. in Minneapolis. PURIS is one of the largest manufacturers and suppliers…
Pandemic, work from home bring challenges to St. Louis office market
The COVID-19 pandemic, and the rise of people working from home, has dealt a blow to the St. Louis office market. For proof? Check out…
Newly constructed property sells in north DuPage market
Lee & Associates closed on the sale of a brand new, 207,575-square-foot industrial building located at 1560 W. Stearns Road in Bartlett, Illinois. This property…
Detroit numbers are stark: Office market still struggling as work-from-home continues
The numbers are grim: The Detroit office market recorded nearly 780,000 square feet in net vacancies in 2020. That's a level not seen here in…
Newmark negotiates sale of 21-property manufactured home portfolio in five states
Newmark closed the sale of the Midwest MHC Portfolio, a 21-property, 2,789-site manufactured home community portfolio in Illinois, Indiana, Kentucky, Nebraska and Wisconsin. The $100…
Newmark’s good news: Despite turmoil, Cleveland industrial market enjoys record-setting quarter
Despite the turmoil caused by the COVID-19 pandemic, Cleveland's industrial market posted its lowest ever vacancy rate in the fourth quarter of 2020.
Chicago Chapter of SIOR appoints 2021 executive board officers
The Chicago Chapter of the Society of Industrial & Office Realtors (SIOR) recently named its new executive board officers for the year 2021. Adam Marshall,…