Monthly Archives: May 2012

CRE News: What We’re Reading the Week of May 21

Posted on May 25, 2012 by BOMA/Chicago

Each week, The Elevator Speech summarizes news related to some of the key industry trends, buildings, deals and dealmakers that shaped headlines. Here’s what caught our attention the week of May 21: The NATO Summit in Chicago concluded earlier this week. Mayor … Continue reading →

Posted in Chicago News and Events | Tagged 550 W. Washington Blvd. is for sale, Agence France-Presse, BDO USA will move its Chicago office to 330 N. Wabash, Chicago is an example of what to do, Chicago-based partner Golub & Co., Goldman Sachs Group Inc., Lake Michigan, Mayor Rahm Emanuel, NATO Summit in Chicago, Overseas journalists were wowed by Chicago’s architecture, pay about $45 million for the 15-story office building at 311 W. Monroe St, Prime Group Realty Trust (PGRT), Signs of recovery in Chicago’s retail industry are sagging, the Chicago River, The Elevator Speech, the iconic building | Leave a comment

CRE News: What We’re Reading the Week of May 14

Posted on May 18, 2012 by BOMA/Chicago

Each week, The Elevator Speech summarizes news related to some of the key industry trends, buildings, deals and dealmakers that shaped headlines. Here’s what caught our attention the week of May 14: The NATO Summit in Chicago is just days away. Earlier … Continue reading →

Posted in Chicago News and Events | Tagged 444 W. Lake St., all traffic lanes on Congress Parkway were opened, Chicago River, Chicago Title, Chicago Title Insurance Co. is moving to 10 S. LaSalle St., Chicago Tribune released a map of the street closures and potential traffic delays during the upcoming NATO Summit, dozens of protesters rushed into the Prudential Building, Fulton Market meatpacking district, Hines Interests L.P. is preparing to break ground on a 45-story office tower, NATO Summit in Chicago, PLS Financial Services will move its headquarters to 1 S. Wacker Dr., The Catholic Worker movement, The Elevator Speech | Leave a comment

Wrigley Field: Home of the Chicago Cubs, Site of Chicago’s Next Development Challenge

Posted on May 16, 2012 by Edward Bury

It’s one of Chicago’s most iconic, most visited, most historic structures. It’s been the scene of intense joy and, more often, intense heartbreak. It’s a landmark, and there’s only one other place like it left in the nation – make … Continue reading →

Posted in Chicago News and Events | Tagged 75-year-old scoreboard, apartment and retail complex at the southeast corner of Clark and Addison streets, “The Friendly Confines”, Chicago Cubs, Chicago Mayor Rahm Emanuel, Chicago’s real estate, developers have proposed a hotel, Fenway Park in Boston, final pitch will not be thrown at Wrigley Field, Lights, Major League Baseball, neighborhood, proposing to relax some of Wrigley’s landmark status, the Lakeview neighborhood, the property at 1060 W. Addison St, the Ricketts family have bold plans to bring the Wrigley Field up to modern standards, Wrigley continues to draw fans up to 3 million a year, Wrigley Field, Wrigley Field is the second-oldest Major League ballpark in the nation, Wrigley Field is the subject of controversy, Wrigley needs to be demolished and the team needs a modern stadium, Wrigleyville | 1 Comment

CRE News: What We’re Reading the Week of May 7

Posted on May 11, 2012 by BOMA/Chicago

Each week, The Elevator Speech summarizes news related to some of the key industry trends, buildings, deals and dealmakers that shaped headlines. Here’s what caught our attention the week of May 7: BentleyForbes Holdings LLC selected CBRE Inc. to take over leasing the … Continue reading →

Posted in Uncategorized | Tagged average net effective rents, Bentley Forbes Holdings, BOMA/Chicago, CBRE, Chicago's commercial real estate market, Christenson Advisors, commercial real estate trarnsaction activity, DeVry Inc., Forever Marilyn status, Millennium Park, office rents in downtown Chicago, Pioneer Court in Chciago, Prudential Plaza, real estate deals in 2011, Studley Effective Rent Index | Leave a comment

BOMA/Chicago Demonstrates “Giving Back Sprit” Through Rebuilding Together Volunteer Program

Posted on May 9, 2012 by jefftigchelaarboma1

By Jeff Tigchelaar, Senior Real Estate Manager, CBRE A few days ago, a group of people from the Chicago real estate industry got together to help in some small – but significant – ways to make life better for those … Continue reading →

Posted in BOMA/Chicago Events, Chicago CRE industry and philanthropy, Philanthropic Outreach, Uncategorized | Tagged a program to give back to the less fortunate, BOMA/Chicago, BOMA/Chicago Diversity and Corporate Social Responsibility committee and Emerging Leaders subcommittee, Chicago real estate industry, Englewood neighborhood, National Rebuilding Day, property management companies, Rebuilding Together Metro Chicago | 1 Comment

CRE News: What We’re Reading the Week of April 30

Posted on May 4, 2012 by BOMA/Chicago

Each week, The Elevator Speech summarizes news related to some of the key industry trends, buildings, deals and dealmakers that shaped headlines. Here’s what caught our attention the week of April 30: A study by World Business Chicago found that the NATO … Continue reading →

Posted in Chicago News and Events, CRE Trends | Tagged $12.5 million for the 22-story office building at 100 W. Monroe St, $75 million-$85 million retail development, 20 S. Clark St, 300 W. Adams St, 50000-square-foot work space for digital entrepreneurs in the Merchandise Mart, Chicago Blackhawks owner Rocky Wirtz, Chicago Bulls owner Jerry Reinsdorf, MB Real Estate, Merchandise Mart, NATO Host Committee, Nearly 140 people from 65 local startups moved into 1871, office building at 300 W. Adams St. and the 30-story tower at 20 S. Clark St, The Elevator Speech, the NATO Summit in Chicago will give the City a $128 million boost, Two nearly full downtown Chicago office buildings were put up for sale, United Center, World Business Chicago | Leave a comment

A Clear-Cut Benefit of BOMA/Chicago Membership: Hosting a Brown Bag Seminar

Posted on May 2, 2012 by MikeCollinsBOMA

By Mike Collins, Commercial Client Advocate, J.C. Restoration, Inc. One key to success in business is this: take advantage of opportunities to demonstrate your knowledge and skills to help establish yourself as an expert. In today’s competitive environment, smart managers … Continue reading →