Regions Midwest | Chicago
General Board of Pension Breaks Ground on 110,000-SF Chicago HQ
April 29, 2009
General Board of Pension and Health Benefits of The United Methodist Church broke ground on their new headquarters building in Glenview, Ill.
ProLogis Signs 215,000-SF Lease with Sanyo Logistics in Chicago
April 23, 2009
ProLogis has leased 215,000 square feet of recently completed distribution space near Chicago to Sanyo Logistics Corp., a logistics services provider and business unit of Sanyo Electric Co. Ltd.
RCS Opens Chicago Office, Hires Keeney as SVP
April 13, 2009
RCS Real Estate Advisors announced the opening of its Chicago office and the addition of Scott Keeney as senior vice president and Kenneth Green as vice president.
HSA|PrimeCare to Develop 56,000-SF Medical Office Building near Chicago
April 07, 2009
Silver Cross Hospital has signed a long-term agreement with HSA|PrimeCare to develop and own a 56,000-square-foot medical office building in New Lenox, Ill.
In Chicago's CBD, Pendulum Swings in Tenants' Favor
April 01, 2009
Like other major office markets nationwide, Downtown Chicago is feeling the recession. As with any swing in the economy, however, that represents a headache or an opportunity, depending on who you are.
Hinshaw & Culbertson Extends 152,990-SF Lease in Chicago
March 20, 2009
Hinshaw & Culbertson L.L.P. has extended its lease for 152,990 square feet at 222 North LaSalle Street in Chicago through May 2018.
222 north lasalle On Heels of Sears Tower Deal, Chicago Leases Continue
March 20, 2009
A week after Chicago’s most famous office property got a new tenant and a new name, the city's office market continues to make headlines this week, as Tishman Speyer inks a pair of tenants to large leases totaling more than 240,000 square feet. Despite the spate of leases, though, uncertainty pervades in the market.
Alliant Tabs Abelson to Lead Chicago Office
March 19, 2009
Multi-family financing firm Alliant Capital L.L.C., has hired Aaron Abelson as senior vice president to head its Chicago office.
sears tower Sears Tower Adds Tenants, Plans Name Change
March 13, 2009
Chicago’s office trends aren’t much different from the rest of the country as companies of all sizes are terminating their leases or are downsizing, but the Sears Tower is as popular as ever. About a week after expanding the lease for a major tenant in the tower, the building may be changing its name to the Willis Tower after global insurance broker Willis Group Holdings inked a lease in the world-famous Chicago high-rise.
Delta Dental Chicago Market Quiets, But Not Silent Yet
March 11, 2009
Despite an overall bleak picture for Chicago’s industrial and office product, the market is still seeing activity. Over the past few days, the city has seen both an industrial lease deal and the announcement of an office development, but such deals are becoming a rarity rather than the norm.
Tenant Re-Ups 440,000SF Chicago-Area Warehouse Lease with AMB
March 03, 2009
American Procurement & Logistics Inc., a subsidiary of grocer SuperValu Inc., has renewed its lease on a 440,000-square-foot warehouse in Wood Dale, Ill.
tress For Hotel Developers, 2009 Proving to Be No ‘Shangri La’
March 03, 2009
A lending environment that is particularly hostile, and a deep recession that is severely depressing hotel operating fundamentals, are putting many high-profile lodging development projects on ice. The latest victim is the Shangri La Chicago, a 222-room hotel that was to open in the Waterview Tower at West Whacker Drive and Clark Street, along the Chicago River, construction on which is currently at a standstill.
Federal Home Signs 63,000-SF Lease At Piedmont's Chicago Aon Center
March 02, 2009
Federal Home Loan Bank will relocate its Chicago-based location from 111 E. Wacker to the 17th and 18th floors of neighbouring Aon Center.
KPMG Signs 260,000-SF Lease at Aon Center in Chicago
Feb. 17, 2009
KPMG L.L.P., the audit, tax and advisory firm, signed a 15-year, 260,000-square-foot direct lease at Piedmont Office Realty Trust's Aon Center in Chicago.
AT&T Renews 171,400-SF Lease in Chicago
Jan. 29, 2009
AT&T signed a long-term renewal for 171,000 square feet at 350 North Orleans St. in Chicago. The firm is the largest tenant in the building.
REIT Takes 595,000-SF Chicago-Area Distribution Center
Jan. 27, 2009
Making its entry into the Chicago-area market, US Industrial REIT II, which is owned by an affiliate of USAA Real Estate Co. and other institutional investors, has acquired the Cinram Distribution Center, a 595,000-square-foot facility located within the Meridian Business Campus in Aurora, Ill.
congress center Franklin Street Kills $130M Chicago Tower Deal
Jan. 22, 2009
A deal inked by Franklin Street Properties Corp. on Oct. 31 for the $130 million purchase of Chicago’s 16-story Congress Center has fallen through.
Verizon Signs 72,696-SF Lease Extension in Chicago
Jan. 07, 2009
Verizon Business Services, a unit of Verizon Communications, signed a 72,696-square-foot lease extension at Michigan Plaza, the two-tower complex located at 205/225 N. Michigan Avenue in Chicago.
New Chicago Lease Further Evidence that ProLogis is Alive and Kicking
Dec. 17, 2008
Even if the generals have a brilliant plan for victory, wheels still need to roll at the front line if it’s all going to mean anything. In the case of ProLogis, time might still have to tell regarding the warehouse/distribution giant’s recovery strategy, but the ground-level activity seems to be rolling forward much as usual.
Lynd Breaks Ground on First Chicago Property
Dec. 16, 2008
San Antonio, Texas-based developer Lynd Development Partners is making its first move into the Chicago market with a 300,000-square-foot, 249-unit apartment tower.
Cabot Takes Industrial Portfolio from TIAA-CREF
Dec. 10, 2008
Cabot Properties has purchased a 788,000-square-foot industrial portfolio, comprising assets in Chicago and Baltimore, from TIAA-CREF.
KPMG Taps Diliberto as Managing Director
Dec. 03, 2008
Frank Diliberto joins KPMG Corporate Finance L.L.C. as managing director with real estate services, heading the company’s real estate auction platform.
JV to Develop 162,000-SF Office Building near Chicago
Nov. 20, 2008
Bridge Development Partners L.L.C. in partnership with Globe Corp. will develop 555 Corporate Center, a 162,000-square-foot, four-story speculative office building at 555 Aptakisic Road in Lincolnshire, Ill.  Plans call for the Class A office facility to be LEED certified by the U.S. Green Building Council.
 

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Management Matters with Mike Myatt: Dealing with 'Corporate Crazies'
January 09, 2009
By: Mike Myatt, Chief Strategy Officer, N2growth --You can run, but regrettably you cannot seem to hide from the "corporate crazies." Over the years, I've simply come to a conclusion that many otherwise savvy business people have yet to grasp;...


Management Matters with Mike Myatt: The Next Domino to Fall
December 05, 2008
By: Mike Myatt, Chief Strategy Officer, N2growth --The next domino in the economic downturn is already starting to fall. The more layers of the onion we peel back on the chaos in the capital markets, the worse the news seems...


Management Matters with Mike Myatt; Web 3.0
November 21, 2008
By: Mike Myatt, Chief Strategy Officer, N2growth --As quickly as Web 2.0 arrived, it is being overcome by the next generation of digital applications and toolsets. Moreover, the need for broader understanding as to how to implement a more sophisticated...


Management Matters with Mike Myatt: Teach Them to Fish
November 14, 2008
By: Mike Myatt, Chief Strategy Officer, N2growth --Do you feed your employees, or do you teach them how to fish? Do you like to swoop in and save the day? Do you see yourself as the white knight that can...


Management Matters with Mike Myatt: Good Employees Are Not Expendable
November 07, 2008
By: Mike Myatt, Chief Strategy Officer, N2growth --Good employees are not expendable. As a CEO running a company during tough economic times, if your strategy to survive the economic downturn is to implement a slash and burn approach to cost...