Chicago
Opus Finalizes MC Machinery’s HQ
Construction at the new 175,000-square-foot corporate campus in Elk Grove Village, Ill. began last year in April. The facility offers a variety of spaces designed for office, showroom and warehouse use.
Marcus & Millichap’s IPA Taps National Director
Kenneth Szady has been involved in more than $9 billion in office, industrial and other property investment transactions. He previously held positions at NGKF, Cushman & Wakefield, Trammell Crow Co. and JLL.
Avison Young to Market Chicago Industrial Portfolio
The four buildings are located on a contiguous 10.3-acre site in Mount Prospect, Ill., and offer a total of 190,000 square feet of warehouse space.
Chicago CBD Asset Changes Ownership After 22 Years
Baum Realty Group brokered the sale of a boutique, mixed-use building at 6-8 S. Clark St., which has been under Wendy’s ownership since 1995.
Ivanhoé Cambridge JV Buys Chicago Office Tower
The company and its partner, Callahan Capital Properties, paid $145 million to acquire the 576,000-square-foot high-rise at 125 S. Wacker Drive in the city’s West Loop neighborhood.
Chicago’s Molto Properties Welcomes New VP
Kevin Scott will be responsible for finding investment opportunities and executing industrial real estate developments in the Chicago area.
Bridge, Premier Team Up to Build Distribution Facilities
The two buildings which will replace Schiller Park’s former bakery are slated for completion by the end of this year’s second quarter.
Arup Announces New Director of Its Chicago Office
Cierine Nicolas, who joined Arup as associate principal last year in November, completed the transition to the role of director and is expected to lead the company’s team of engineers on a variety of projects.
Salon Loft to Open New Location in Chicago
Salon Lofts is the new tenant at 1101 W. Randolph St. and will join the other retailer in the building, Free People, in November.
Transwestern Retains Anchor Tenant at Chicago Office Building
Law firm Barack Ferrazzano Kirschbaum & Nagelberg LLP will continue to call the office tower at 200 W. Madison home for the next 15 years.