Category Archives: Uncategorized

Let the page views rise: Chick-fil-a is coming to downtown Lexington

Posted on April 25, 2012 by

We write about a lot of important commercial developments at Midwest Real Estate News, big manufacturing plants that will add hundreds of jobs to regions or massive mixed-use projects with the potential to transform entire city neighborhoods. But nothing, it … Continue reading →

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Connelly: CBRE finds right fit to bolster its office investment business in 2012

Posted on January 27, 2012 by

When CBRE recently hired Paul Lundstedt to be its executive vice president, capital markets, it was a coup for the firm, according to Chris Connelly, CBRE’s executive managing director, particularly because there is a dearth of talent in the suburban … Continue reading →

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Zell, Cafaro headline successful 10th Annual Commercial Real Estate Forecast Conference

Posted on January 24, 2012 by

More than 900 attendees took part in the 10th Annual Commercial Real Estate Forecast Conference Tuesday hosted by the Real Estate Publishing Group and Illinois Real Estate Journal. Following a successful networking and exhibitor session, Debra Cafaro, chief executive officer … Continue reading →

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Drake: Becoming a WBE real estate firm can open doors to several Fortune 500 clients

Posted on January 20, 2012 by

For many women-owned commercial real estate firms, becoming certified as a Women Business Enterprise, or WBE, can open doors to Fortune 500 companies that might otherwise be locked. Lynn Drake, owner of Compass Commercial LLC/ITRA Global, a firm that represents … Continue reading →

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Patrick Gallagher: Industrial vacancy rate will continue to decline in 2012, with larger spaces being at a premium

Posted on January 13, 2012 by

Industrial real estate activity has been on the rise for the past few years, with the overall industrial vacancy rate in metro Chicago declining to 10.8 percent at yearend 2011, from 10.9 percent in the third quarter and 11.5 percent … Continue reading →

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ACCO Brands relocates world headquarters to Kemper Lakes Business Center

Posted on January 12, 2012 by

ACCO Brands Corp., a global supplier of branded office and computer products, has leased 189,092 square feet of office space at 4 Corporate Drive within Kemper Lakes Business Center in Long Grove. The new lease relocates the firm’s world headquarters … Continue reading →

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Duke Realty’s Steve Schnur sets sights on industrial portfolio after succeeding in office sector

Posted on January 6, 2012 by

Steve Schnur made a name for himself in Chicago long before he entered the commercial real estate world. Most Chicagoans know him for his efforts prior to entering the private sector, when he quarterbacked Northwestern University to the Rose Bowl … Continue reading →

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Leopardo protects his Blind Side

Posted on December 16, 2011 by

Before the film “The Blind Side” became a box office hit and its story was familiar to millions, Jim Leopardo,  founder and CEO of Hoffman Estates-based Leopardo Cos.,  was involved in a similar story that netted almost identical results. Not … Continue reading →

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What makes a commercial real estate Hall of Famer? Find out this month

Posted on December 8, 2011 by

The December issue of Midwest Real Estate News is easily my favorite of the year. That’s because it’s when we run our annual Commercial Real Estate Hall of Fame. The odds are good that you know how this works: We … Continue reading →

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Lights could go out at Sears corporate headquarters in Illinois

Posted on December 1, 2011 by

A local showdown over tax incentives between Hoffman Estates-based Sears Holding Corp. and the state of Illinois just took a dramatic turn as Ohio has reportedly offered the retailer a package of $400 million to move its headquarters to Columbus. … Continue reading →

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