News

Skanska Names New EVP

Bringing 30 years of experience to the company, Gordon Childress will oversee all the firm’s construction activities in Northern California.

CIG Taps 3 New Employees

Juanita Kelley will oversee property management, Ben Arrington joins the firm’s acquisitions team and Hannah Taylor will manage investor relations for the company.

5130 Hickory Point Frontage Road, Decatur, Ill.

Marcus & Millichap Arranges IL Office Building Sale

The modern, three-story asset is located in Decatur and was bought by a private California investor through a 1031 exchange.

156 N. Jefferson St., Chicago

SVN Facilitates Century-Old Chicago Building Sale

Drew Dillon, Chad Schroedl and Scott Maesel led the negotiation efforts on behalf of the seller, Gerding Elden. John Livaditis represented the buyer, RDG Funds.

Investment Predictions for 2018: TH Report

As the economy is expecting growth in 2018, investors are faced with a mature U.S. real estate cycle characterized by a rent slowdown, a balance between supply and demand and appreciation growth.

WoodSpring Debuts Extended-Stay Hotel in WA

The recently opened WoodSpring Suites Seattle Redmond expands the brand’s presence in the Seattle area, providing 120 suites with in-room kitchens.

Kamyar Vaghar, President, International Well Building Institute

WELL Certification Gains Ground in US Real Estate

International WELL Building Institute President Kamyar Vaghar discusses the growth of the WELL Certification since its inception, how the real estate industry has received the program and what the institute has in store for 2018.

30700 Russell Ranch Road in Westlake Village, Calif.

NKF Capital Markets Brokers 133 KSF LA Office Building Sale

TH Real Estate acquired a 133,000-square-foot office property in Westlake Village, Calif. At the time of sale, the two-story asset was 91 percent leased.

Avison Young Welcomes New Principal, CFO

Christine Battist will be replacing Gary Hubbard and will oversee the firm’s finance and accounting organization.

Chicago-Area Hotel Changes Hands for $5M

Huff, Niehaus & Associates Inc. brokered the $4.5 million sale of the Best Western Plus La Porte Hotel and Conference Center, located within one hour of Chicago.