Oak Brook

NAI Hiffman completes six office leases at 26TWENTYFIVE Butterfield in Oak Brook

NAI Hiffman completed six office leases totaling almost 45,000 square feet at 26TWENTYFIVE Butterfield, a 45-unit office building located at 2625 Butterfield Road in Oak…

CenterPoint’s Murphy: Shadow vacancies, supply chain challenges and even more demand for e-commerce

Michael Murphy has spent more than 30 years working in the industrial real estate sector. He's seen plenty of markets, both good and bad. But…

Steven Weinstock named national director of Marcus & Millichap’s self-storage division

Marcus & Millichap announced that Steven D. Weinstock has been named national director of the firm’s self-storage division. Weinstock will maintain his positions as first…

Kurt Volkman to lead Legat Architects’ corporate and commercial segment

Kurt Volkman, AIA, LEED AP BD+C has joined Legat Architects as director of corporate and commercial architecture. The newly created position tasks him with leading…

Clear Height Properties completes repositioning of 26TWENTYFIVE in Oak Brook

Clear Height Properties has completed a comprehensive modernization and repositioning program that began with the acquisition and renaming of the 26TWENTYFIVE office building in in…

TLC Engineering Solutions acquires Gage Consulting Engineers

TLC Engineering Solutions, Inc. has acquired Gage Consulting Engineers, expanding the firm's presence and capabilities to Gage's Oak Brook, Illinois location. Gage's expertise in health…

Downtown and in the suburbs, new office space continues to draw tenants

There's certainly been no cease fire on the horizon in the office amenity war, but the condition of the overall space itself is also vitally…

Krusinski Construction announces new team members, promotion

Krusinski Construction Company (KCC) announced a recent promotion and two new hires. Dominic Valvano was promoted while Rhonda Deliman and Suzanne Lawrence joined the Oak…

Clear Height Properties/Buligo Capital Partners joint venture acquires Oak Brook office building

A joint venture between Clear Height Properties and Buligo Capital Partners has acquired and plans to reposition 814 Commerce Drive in Oak Brook, Illinois. The…

For the East-West corridor, vacancy is an opportunity not a liability

Between the 3rd and 4th quarters of 2019, per NAI Hiffman data, Chicago's overall suburban vacancy rate rose slightly—up 13 basis points to 18.68 percent.…