Ioana Neamt
JLL Signs 15-Year Extension Lease at The Aon Center in Chicago
Piedmont Office Realty Trust, Inc. recently announced that Jones Lang LaSalle (JLL), one of the world’s most trustworthy companies, has signed a 199,730-square-foot, 15-year extension lease through 2032 at Chicago’s iconic Aon Center.
Venue on 16th Apartment Community Breaks Ground in Denver’s City Park Neighborhood
The Picerne Group, a privately held real estate investment firm based in California recently announced it has broken ground on Venue on 16th, a 180-unit apartment community in Denver’s historic City Park neighborhood.
Wyndham to Open First Upscale Hotel in Kenya
New Jersey-based Wyndham Hotels and Resorts, a subsidiary of Wyndham Worldwide recently signed a management agreement for its first upscale hospitality property in Africa
Market Snapshot: Twin Cities Economy on the Rise
By Ioana Neamt, Associate Editor Minneapolis-St.Paul—The Twin Cities economy seems to have recovered well from the financial crisis that hit the U.S. back in 2008. The Star Tribune reports that economic growth in the Twin Cities was 2.5 percent in 2013, compared to a 1.7 percent national average. Chicago is currently the only Midwestern city with a larger economy than the Twin Cities. All evidence seems to show that the Minneapolis-St. Paul area has become a popular destination for investors, developers and residents alike. The Minneapolis-St. Paul area benefits from a wide variety of industries, attracting investors and new businesses in…
Minneapolis Sticks with Ryan Cos. for Residential Tower Near Vikings Stadium
The Minneapolis City Council unanimously voted on September 19 to stick with Ryan Cos. for the development of a residential tower in Block 1 of the Downtown East mixed-use project, rejecting a competing offer from the Minnesota Vikings.
Hogan Assessments to Build $15M New Headquarters in Tulsa
Tulsa-based Hogan Assessments recently announced it has broken ground on a new headquarters at the northeast corner of First St. and Greenwood Ave.
Amcor Plans PET Bottle Production at Method’s New Facility in Pullman Park
Melbourne-based Amcor Rigid Plastics, a leading supplier of plastic packaging for the food, beverage, pharmaceutical and homecare industries recently announced plans to operate an on-site bottle production facility at one of Chicago’s most innovative industrial developments, Method’s new manufacturing plant in Pullman Park.
Chicago’s First Transit-Oriented Development Designed by Wheeler Kearns Architects
Chicago-based Wheeler Kearns Architects have designed the city’s first transit-oriented development (TOD).
$90M Hyatt Hotel and Conference Center Breaks Ground in Aurora
Ground was broken September 17th on a 249-room Hyatt Hotel and conference center in Aurora, Co., the Denver Post reports.
RKF to Manage Lease of Historic 10 East Ohio in Chicago’s River North
New York-based RKF recently announced it has been selected as the exclusive leasing agent for 10 East Ohio, an architecturally and culturally significant property in Chicago’s River North neighborhood.