Jill’s Top 5 Articles From This Week As experienced real estate professionals can attest, one of the things that make the industry so fascinating is that real estate is, to a large extent, a direct reflection of society: broader social, cultural and professional trends are oftentimes the driving force behind emerging real estate trends. – Globe … Read more
Jill’s Top 5 Articles From This Week Brainlab, Inc., a Munich-based medical technology firm, has a newly designed office space at 5 Westbrook Corporate Center in suburban Westchester, and earlier this year it expanded its presence into downtown Chicago by opening a new state-of-the-art customer training center in the iconic Wrigley Building – Globe St. River … Read more
Jill’s Top 5 Articles From This Week Senior Managing Director, Ben Azulay, and Director, Justin Kessler, have completed a new 9,828-square-foot lease on behalf of Mindcrest Inc. at 440 S. LaSalle Street in Chicago. – RE Journals SIRVA, Inc has expanded its headquarters by 9,000 square feet at 1 Parkview Plaza in Oakbrook Terrace, Illinois, according to Bradford … Read more
Jill’s Top 5 Articles From This Week The owner of the 26-story tower at 2 N. LaSalle St., a venture led by Norfolk, Va.-based owner Harbor Group International, has struck an agreement with an investor that will provide “a significant equity infusion” to the building, the company said in a statement. – Crain’s Chicago AXIS Reinsurance … Read more
Tom’s Recommended Reading for the Week A Look at How DTZ and Cushman & Wakefield’s U.S. Market Coverage Stacks Up – Backed by global investment giant TPG Capital, DTZ’s plan to buy Cushman & Wakefield for a reported $2 billion is the latest and by far largest in a series of high-level moves ushering in major … Read more
Tom’s Recommended Reading for the Week 222 N LaSalle Signs Another Tech Firm – The owners of 222 N. LaSalle in downtown Chicago have launched an effort to make the 26-story tower into a destination for technology, advertising, media and information companies. And they recently scored another success by signing online personal lending company Avant Credit … Read more
Tom’s Recommended Reading for the Week Developer promises unique workplace on ex-Motorola campus in Libertyville – Aside from the new sign, there isn’t much evidence of activity at the vast, empty space that once housed Motorola Mobility on Route 45 south of Winchester Road in Libertyville… Daily Herald In Real Estate, Branded Content Is News – Big-name … Read more
Tom’s Recommended Reading for the Week Barriers to Entry Limiting Downtown Construction – For the last 20 years, the barriers to entry to build Downtown office were not very high. That’s all changing, one reason we’re excited to present Bisnow’s A New Downtown: Leasing, Development and Investment event May 14, starting at 7am at theMart… Bisnow Chicago … Read more
Tom’s Recommended Reading for the Week CMBS Late-Pays Tick Down – The delinquency rate for CMBS has been caught in a tug of war between old and new deals. However, Trepp LLC says the late-pay rate saw a decline of one basis point in April after holding steady in March. “The delinquency rate has been bumping along for the … Read more
Tom’s Recommended Reading for the Week Companies Trade Suburbs for City Life – Earlier this month, online travel agency Expedia Inc. said it plans to relocate its headquarters from a Seattle suburb that it has called home for nearly 20 years to the city’s downtown. That announcement was the latest in a string of high-profile companies making … Read more
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