May 27, 2017

Skender Construction hires new marketing VP

Todd Andrlik joined Skender Construction as vice president of marketing, the company announced Wednesday. He has nearly 20 years of construction and professional services marketing experience. He has a background in strategic planning, content marketing, digital marketing, branding and managing high-performing teams. Prior to Skender, Andrlik was vice president of marketing and public relations at…
May 22, 2017

Roca Tile signs lease in Elk Grove Village

Roca Tile USA has leased a 41,000-square-foot industrial space at 1330 Mark Street in Elk Grove Village, Cushman and Wakefield announced on Wednesday. The new location will serve as a showroom and warehousing operation, the firm said.
May 18, 2017

Opus Group completes HQ for MC Machinery Systems

The Opus Group completed a new 175,000-square-foot corporate headquarters for MC Machinery Systems in Elk Grove Village, the development company announced Wednesday. The two-story building accommodates the company’s growing workforce and changing business needs featuring 50,000-square-feet of office space, 75,000-square-feet of warehouse and storage space and 50,000-square-foot industrial machinery. MC Machinery Systems develops, sells and…
May 15, 2017

The Wood Paneling Trend Is Back With a Twist

By Melissa Dittmann Tracey, REALTOR® Magazine Wood paneling is back, but we’re not talking about he 1960s version that you may still be peeling down from some of your listings. Instead, today’s wood paneling trend is being used as an accent wall, instead of a complete cover of an entire room. For example, wood panels in…
May 13, 2017

Caton Commercial names senior VP

Joe Herron Joe Herron joins the Naperville-based Caton Commercial Real Estate Group as a senior vice president. Herron has specialized in retail tenant representation and the leasing of retail commercial property for over 17 years, according to a company announcement. He has aided several national retailers in efforts to dispose of closed or closing locations…
May 8, 2017

Population growth, rising incomes push demand for Midwest storage

Employment growth in Chicago and a steady increase in household formation pushes up the demand for more self-storage facilities, according to a report from Marcus & Millichap. Occupancy in self-storage is improving as development ramps up in the Midwest, Marcus & Millichap reported. Consistent demand and moderate development have resulted in stable growth in 2017.…
May 4, 2017

NAI Hiffman secures three industrial leases in Chicago’s suburbs

NAI Hiffman represented three companies in industrial lease transactions in Franklin Park, Bolingbrook and Bridgeview. Dealer Tire renewed its existing 118,235-square-foot lease at 3708 River Road in Franklin Park. Dealer Tire was represented by Tom Walrich of Lee & Associates. Crane Nuclear signed a lease for a 53,720-square-foot lease at 860 Remington Boulevard in Bolingbrook. Crane…
April 25, 2017

Stan Johnson & Co. report: Single-tenant net-lease properties had second best year ever in 2016

The commercial real estate market is a busy one today. And few property types are generating as much activity as are single-tenant net-lease properties. Stan Johnson & Co. recently released its latest research report on this sector. And the biggest news? In the fourth quarter of 2016, the sale of single-tenant net-lease properties grew 34…
April 20, 2017

Louisville still driving Kentucky’s economic fortunes

the Omni Hotel, opening next year in Louisville, promises to provide another boost to downtown.   Kentucky has several important metro areas, with cities such as Lexington, Bowling Green and Covington serving as economic engines for the state. But today, no single metropolitan area is providing as big of a boost to the state as…