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17

Sherman Associates celebrates opening of Ladder 260 multifamily property in Minneapolis

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Sherman Associates welcomed new residents to the Mill District with affordable living at Ladder 260, located at 260 Portland Avenue in Minneapolis. Ladder 260 delivers 90 new...

16

SIOR names EVP with Columbus’ NAI Ohio Equities as regional director

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The Society of Industrial and Office Realtors (SIOR) elected Matthew Osowski, executive vice president of Columbus, Ohio’s NAI Ohio Equities, to a two-year term as...

13

Reimagining workspaces: Office-to-warehouse conversions address Chicago’s industrial space crunch

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A scarcity of industrial space in the Chicago area is driving a growing trend: the conversion of aging office buildings into warehouses. This shift reflects...

Celebration, optimism on the menu at Indianapolis Commercial Real Estate Summit & Awards event

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The biggest names in the Indianapolis-area commercial real estate market gathered at the city’s Columbia Club May 16 for Midwest Real Estate News’ Indianapolis Commercial...

Cushman & Wakefield closes 1.6-million-square-foot industrial lease in University Park

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Cushman & Wakefield arranged a full-building industrial lease totaling 1.6 million square feet at 701 Central Ave. in University Park, Illinois. Cushman & Wakefield’s Sean...

Monday, May 20

20

JLL names senior managing director for Houston industrial brokerage team

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JLL has promoted Richard Quarles to senior managing director. He will lead the Houston Industrial Agency Leasing brokerage team. Under his leadership, the team of seven brokers...

IMPACT Strategies serving as construction manager for U-Box warehouse project in Wentzville

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The U-Haul Center in Wentzville, Missouri, is going vertical with IMPACT Strategies at the helm as construction manager. With concrete foundations being poured, underground rough-ins...

19

Matthews brokers sale of industrial outdoor storage property in Texas

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Matthews Real Estate Investment Services completed the sale of an industrial outdoor storage (IOS) property at 15221 Market St. in Channelview, Texas. Matthews associate Murphy...

St. Louis’ KAI earns two key workplace awards

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St. Louis’ KAI has been honored with a pair of St. Louis Business Journal accolades: Best Places to Work and the Community Impact Award. Nearly 200 nominations...

18

SVN Chicago closes sale of Andersonville mixed-use building

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Tim Rasmussen and Marcus Sullivan of SVN Chicago Commercial’s Restaurant Resource Group helped secure the sale of a 6,800-square-foot mixed-use building at 5212 N. Clark...

16

McHugh Construction names new president

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Kinjal Patel has joined the Chicago office of McHugh Construction as president. Patel most recently led the Chicago construction business for Lendlease. In his new...

Baker Barrios Architects adds two leaders to Chicago, Nashville offices

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Baker Barrios Architects, a multidisciplinary architecture and design firm, made two new additions to its leadership: Chris Powers as Associate Principal and Director (Healthcare); and...

13

Challenges? They are plentiful in the Minneapolis-St. Paul office sector

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The office sector in Minneapolis-St. Paul isn’t unusual today: It faces challenges.

Friday, May 17

19

Henderson Engineers wraps $456 million expansion of Milwaukee’s Baird Center

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Building systems design firm Henderson Engineers celebrated the May 2024 grand-opening of the $456 million expansion of Milwaukee’s Baird Center, the largest convention center in the...

18

Blue Vista Capital closes RiverHaus apartment complex in Kentucky

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Blue Vista Capital Management celebrated the official closing of its latest Class-A multifamily property, RiverHaus, with 192-units in Covington, Kentucky. The closing reflects the continued activity...

17

Peak Construction Corporation breaks ground on OCM’s building expansion in Grayslake

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OCM and Peak Construction Corporation celebrated OCM’s building expansion with a ground-breaking ceremony May 15 in Grayslake, Illinois. A total of 60 people, inclding OCM’s...

St. Louis’ S.M. Wilson & Co. adds director of client development

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St. Louis-based construction management firm S. M. Wilson & Co. added Jeanne Garlock as the company’s newest director of client development. As Director of Client...

16

Contegra Construction finishes work on 490,000-square-foot distribution center in St. Peters

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The first of five planned distribution facilities is completed at NorthPoint Development’s $129 million Lakeside Logistics Center in St. Peters, Missouri. Contegra Construction built the 490,000-square-foot distribution center at the...

Sansone Group breaks ground on commerce center project in Austin

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Sansone Group, in partnership with Principal Asset Management, broke ground on the Austin Hills Commerce Center in Austin, Texas. This multi-phase project spans +/-134 acres...

Dallas’ SRS Real Estate Partners adds to its board of directors

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Brant Landry has been elected to the board of directors of Dallas-based SRS Real Estate Partners. Landry joined SRS as Managing Principal of SRS Industrial...

13

$83.67 billion? That’s what one researcher says that self-storage market will be worth by 2031

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The revenue generated by the global self-storage market has long been on the rise. But one new study is predicting higher revenues than even the most optimistic brokers would predict. This new research predicts that the self-storage niche…

CRE Future Leaders: Draper and Kramer’s Sara Schwer

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In CRE Future Leaders, Illinois Real Estate Journal profiles the young professionals who are making a difference in the commercial real estate industry. This time, we look at the thriving career of Sara Schwer, leasing consultant for…

Colliers sells historic Parkway Center in Ann Arbor

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Colliers Ann Arbor closed the sale of the historic Parkway Center at 2345 S. Huron Parkway in Ann Arbor, Michigan. Spanning across 1.44 acres, this...

Thursday, May 16

19

Indianapolis’ Schmidt Associates names client liaison

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Indianapolis-based Schmidt Associates appointed Nick Holmes as client liaison. With a background in art and architecture, Holmes is a graduate of Centre College and the University of Oregon....

KAI 360 Construction Services names senior project manager in Dallas-Fort Worth office

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KAI 360 Construction Services hired Kristopher McGraw as Senior Project Manager at its Dallas-Fort Worth, Texas, office. In his new role, McGraw will play a...

18

JLL Capital Markets adds to industrial sales team in Austin, San Antonio offices

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 JLL Capital Markets announced that Witt Westbrook and Kyle Mueller have joined its Industrial Investment Sales and Advisory team as Senior Directors focusing on the Central Texas region and...

16

Managing principal of North American Data Centers lands top industrial investment transaction as ranked by SIOR

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The Society of Industrial and Office Realtors has released its list of top transactions completed by its members. Jim Kerrigan, Managing Principal of North American Data Centers...

15

MDH Partners acquires three-building industrial portfolio in El Paso

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MDH Partners recently closed on its acquisition of Loop 375 Industrial, a three-building, 554,960-square-foot, Class-A industrial portfolio in El Paso, Texas. MDH entered a forward...

13

Cyber attacks, interest rates and rising costs top the list of construction managers’ worries

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Cyber attacks. Rising construction costs. A shortage of skilled labor. And high interest rates. These are the most serious threats to the commercial construction industry according to a new report released by QBE North America.

Champion Realty Advisors’ J.D. Salazar: Even the niche industrial service facility market isn’t immune to high interest rates, transportation industry recession

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J.D. Salazar has long understood the benefit of targeting a niche. It’s why the firm he founded, Willowbrook, Illinois-based Champion Realty Advisors, specializes in investing...