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Chicago has the third largest gross metropolitan product in the nation - approximately $442 billion according to 2007 estimates. The city has also been rated as having the most balanced economy in the United States, due to its high level of diversification. Chicago was named the fourth most important business center in the world in the MasterCard Worldwide Centers of Commerce Index. Additionally, the Chicago metropolitan area recorded the greatest number of new or expanded corporate facilities in the United States for five of the past six years. The Boeing Company relocated its corporate headquarters from Seattle to Chicago in 2001. |
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Chicago Commercial Real Estate News From CoStar Group
CoStar Group, Inc. is the leading provider of information services to commercial real estate property investors and sales professionals in the United States and United Kingdom. CoStar's suite of services offers access to the most comprehensive database of commercial real estate information and commercial property listings available in its markets.
CresaPartners' Names Two New VP's
Corporate real estate advisory firm CresaPartners has announced the promotions of Nate Barnes and Paul Giannopulos to vice president. Barnes and Giannopulos previously served as assistant vice presidents.
Nate Barnes has been a commercial real estate...
CoStar's Daily Deals of Note for Thursday
NORTHERN CALIFORNIA
Brandywine Realty to Sell NoCal Properties For $412.5M
by Randyl Drummer
Brandywine Realty Trust (NYSE: BDN) has agreed to sell five properties totaling about 1.7 million net rentable square feet in Oakland, CA to an affiliate...
Under Contract (June 29-July 5): Sweet Deal
In this week?s issue:
U.S. Sugar easing out of the Everglades;
Community Bank expands in upstate NY;
Nexia selling in Salt Lake;
Plus, we give you the latest properties Under Contract in: Mesa, AZ; La Mesa, CA; North Hollywood, CA; Denver, CO; Washington...
Property Finance (June 29-July 5): Many Opportunities To Commit Fraud
In this week's issue:
Shorenstein ups debt investments;
Mortgage price returns go negative;
Who knew mortgage fraud was so easy;
Plus we give you new property finance deals and a valuable leads list of loans maturing in the next 12 months.
Shorenstein...
Closures & Layoffs (June 29-July 5): Losing Some Fiz
In this week's issue:
The King of Beers will be cutting staff and raising beer prices;
The Bank of America-Countrywide merger will bring a big round of layoffs;
Plus we report on company closures and layoffs in Alabama, Connecticut, Florida, Illinois...
Expansions & Relocations (June 29-July 5): A Big Week in Texas for Corporate ...
In this week's issue upsizings from: AT&T, RadioShack, Cigna, Deloitte, Fox Interactive Media, Canon, and the others: Abercrombie & Kent, Ambit Biosciences, America First Credit Union, Blue Coat Systems Inc., Merchants Terminal, Kaiser Aluminum, Malo...
LEED Gold Certification Achieved at PANDUIT's New World HQ
Panduit's new world headquarters, now under construction at 18701 S. 80th Ave. in Tinley Park, IL, has reached the required 39 points to achieve the LEED Gold certification. "The new headquarters was designed from the beginning to be LEED Gold certified...
Spencer Stuart Moving Corp. Offices to 353 North Clark
Executive recruitment firm Spencer Stuart has signed a letter of intent (LOI) to lease about 100,000 square feet at 353 N. Clark St., a 45-story office tower currently under construction in Chicago's River North submarket.
Locally based architectural...
Abercrombie & Kent Moving HQ to Downers Grove
Abercrombie & Kent Ltd. leased 42,000 square feet at the Executive Towers West II building in Downers Grove, IL. The adventure travel operator is expanding and relocating its North American headquarters from 27,000 square feet in Oak Brook.
The company...
CoStar's Retail News Roundup: Jun. 29 to Jul. 5, 2008
This week in the Retail Roundup, CoStar reports on expansions or new concepts at Room & Board, Bad Ass Coffee Company, Darden and Safeway; new retail developments in OH, FL, TX, CT and MI; acquisition, merger, loan or sale activity at Pier 1 and Cost...
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chicago commercial real estate - Google News
chicago commercial real estate - Google News
Former NBA star builds a second career, and a fortune, in ... - Austin Americ...
Former NBA star builds a second career, and a fortune, in ... Austin American-Statesman, TX - 11 hours ago "His role was quite revolutionary," said Chicago-based real estate investor Quintin Primo, who occasionally competes against Johnson for deals. ...
For real estate adviser, motivation comes between buying and ... - NewsOK.com...
For real estate adviser, motivation comes between buying and ... NewsOK.com (subscription), OK - 5 hours ago It's the stuff in between that excites and inspires Jason Little, a senior adviser with Sperry Van Ness commercial real estate advisers in Oklahoma City. ...
Fear and Loathing in Las Vegas: Thompson Talks About Grubb Bid - Orange Count...
Orange County Business Journal Fear and Loathing in Las Vegas: Thompson Talks About Grubb Bid Orange County Business Journal, CA - 5 hours ago By Mark Mueller Tony Thompson has spent much of 2008 looking to exploit the pain being felt in commercial real estate as a buyer of troubled buildings. ...
The perfect normal life, according to Gabby Concepcion - Inquirer.net
The perfect normal life, according to Gabby Concepcion Inquirer.net, Philippines - 13 hours ago Residentials?I did not sell commercial real estate. I sold several properties, the most expensive costing $1.15 million. May mga $890000, $500000 ... all ...
Knoxville Area Association of REALTORS(R) Extends Commercial Real ... - Earth...
Knoxville Area Association of REALTORS(R) Extends Commercial Real ... Earthtimes (press release), UK - Jul 1, 2008 Founded in 2002, Chicago -based Catylist is the nation's leading provider of commercial information exchange (CIE) technology for commercial real estate ...
Zell Looks to Tribune Real Estate - Wall Street Journal
Washington Post Zell Looks to Tribune Real Estate Wall Street Journal - Jun 26, 2008 A sale now would seem inopportune, as prices for commercial real estate sour. And the prewar buildings, particularly the hulking, low-rise Los Angeles ... Buckling Under Boldface Debt Washington Post From the Los Angeles Times Text size: Newsday Sam Zell, Tribune Tower Chicago Tribune Los Angeles Times - Crain's Chicago Business all 192 news articles
Commercial Properties in Chicago, US Continue to See Tenant Erosion - Midwest...
Commercial Properties in Chicago, US Continue to See Tenant Erosion MidwestBusiness.com, IL - Jul 2, 2008 CHICAGO ? There?s an exodus of tenants and the traditional real estate ?experts? are befuddled. A couple weeks ago, I recently posed a question that has ...
Wednesday, July 2, 2008 - Milwaukee Small Business Times
Milwaukee Small Business Times Wednesday, July 2, 2008 Milwaukee Small Business Times, WI - Jul 2, 2008 Chicago Mayor Richard M. Daley is the planned keynote speaker at the sixth annual BizTimes Commercial Real Estate & Development Conference, ...
Investors Real Estate Trust Announces Financial and Operating ... - CNNMoney.com
Investors Real Estate Trust Announces Financial and Operating ... CNNMoney.com - Jun 30, 2008 Commercial Medical - 2828 Chicago Avenue, Minneapolis, MN; Fox River Cottages, Grand Chute, WI; St. Michaels, St. Michael, MN; Barry Point, Kansas City, MO; ...
Real Estate Observers Ponder Redevelopment Potential in Newspaper ... - LA Do...
Real Estate Observers Ponder Redevelopment Potential in Newspaper ... LA Downtown News Online, CA - Jul 3, 2008 While some believe the complex will be a tough sell, many Downtown Los Angeles real estate observers say that it is a prime opportunity for a buyer with the ...
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