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 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.…
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…
April 6, 2017

$23.2M construction loan finances Hyatt in East Moline

HALL Stuctured Finance announced the company has closed a lien construction loan totaling $23.2 million to finance the development of a dual-flagged, 233-room Hyatt House and Hyatt Place hotel in East Moline, Illinois. The hotel will be the first dual-concept from Hyatt and will be a prototype for future developments. The 9-story, 233-room hotel will…
April 6, 2017

BOMA announces 2017 TOBY Award Winners

120 S. Riverside The North Central Region of the BOMA announced 12 properties have won the regional competition for the Outstanding Building of the Year Award. This year 16 properties competed in 12 TOBY categories. In the commercial real estate industry, the TOBY Award is one of the most prestigious and recognizes excellence in office…
April 6, 2017

2017 CRE Broker Hockey Classic raises $8,500 for charity

The 2017 CRE Broker Hockey Classic held on Friday at Johnny’s Icehouse raised $8,500 for the Inner-City Education Program, according to a statement from NAI Hiffman. The annual event brings together Chicagoland professionals for an entertaining night of hockey and fundraising efforts. This year’s roster consisted of 32 players and more than 80 people came…