Category Archives: office

Commercial rents at historic highs in West Michigan, according to Colliers

by Dan Rafter Renting commercial space in the West Michigan region is getting more costly, according to the latest numbers from Colliers West Michigan. Colliers reports, in its second quarter market reports, that rental rates in West Michigan in the … Continue reading

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Office vacancy rates fall to lowest level since 2008

by Dan Rafter The office sector isn’t as hot as multifamily or industrial. But this sector is seeing steady improvement across the nation, according to the latest numbers from CBRE. According to CBRE, the vacancy rate of the U.S. office … Continue reading

Posted in Minneapolis commercial real estate, Minnesota real estate, Missouri commercial real estate, Nashville, office, St. Louis real estate, Tennessee | Tagged , , | Leave a comment

Construction loan activity hot as ever in Detroit, St. Louis, Chicago and other Midwest markets

by Dan Rafter More developers across the Midwest are seeking construction loans today. And when they hunt for these loans? More often they are turning to alternative lenders. Just ask Kevin Farrell, senior director of originations, and Mike Belliissimo, chief … Continue reading

Posted in Chicago Commercial Real Estate, Cleveland commercial real estate, Detroit commercial real estate, Finance, Illinois, Illinois real estate, Michigan commercial real estate, Missouri commercial real estate, multi-family, office, Ohio commercial real estate, residential real estate, St. Louis real estate | Tagged , , , | Leave a comment

CBRE ranks Chicago as 13th strongest technology market in North America

by Dan Rafter Chicago remains a hub for technology firms, good news for the commercial real estate brokers who can close all those deals bringing tech start-ups to the city. CBRE ranked Chicago as the 13th strongest city in its … Continue reading

Posted in Chicago Commercial Real Estate, Illinois, Illinois real estate, multi-family, Nashville, office, Tennessee | Tagged , , , , , , , , , | 1 Comment

Cushman & Wakefield finds a slowdown in U.S. office market

by Dan Rafter The U.S. office market is showing signs of cooling, according to the latest research from Cushman & Wakefield. This doesn’t mean, though, that the market is struggling. In fact, rents rose and vacancies fell in the office … Continue reading

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JLL: Indianapolis’ skyline office towers in demand

by Dan Rafter Indianapolis’ office market continues to hit new heights, with JLL reporting that rents for the office buildings that make up the city’s skyline are now averaging about $20 a square foot. That’s the first time these skyline … Continue reading

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NorthMarq’s Blumberg: Skin in the game matters when it comes to commercial financing

by Dan Rafter Midwest Real Estate News recently spoke to Susan Blumberg, senior vice president and managing director with the Chicago office of NorthMarq Capital, about how busy developers and investors are these days when it comes to requesting commercial … Continue reading

Posted in Chicago Commercial Real Estate, Cincinnati commercial real estate, Finance, Illinois, Illinois real estate, industrial real estate, Kansas City commercial real estate, Kansas Commercial real estate, Milwaukee commercial real estate, Minneapolis commercial real estate, Minnesota real estate, Missouri commercial real estate, multi-family, Nebraska real estate, office, Ohio commercial real estate, Omaha commercial real estate, St. Louis real estate, St. Paul commercial real estate, Wisconsin commercial real estate | Tagged , , , , , , | Leave a comment