Latest Business News
Colorado Real Estate Journal
- Management best practices from the tenant’s view April 5, 2020As a real estate adviser focused on industrial tenant representation, I’m going to share what I believe are some of the fundamental attributes of a good property manager from the perspective of our tenant The post Management best practices from the tenant’s view appeared first on Colorado Real Estate Journal.
- Industrial building on Santa Fe corridor trades for $7.76 million April 5, 2020The post Industrial building on Santa Fe corridor trades for $7.76 million appeared first on Colorado Real Estate Journal.
- How Denver’s green plans impact your buildings April 3, 2020As buildings owners and managers, you have the responsibility to make impactful decisions on building dynamics. In a survey of 1,700 Denver citizens, 93% agreed that Denver should take aggressive local The post How Denver’s green plans impact your buildings appeared first on Colorado Real Estate Journal.
- Crossroads office building sells at near-record price per sf April 2, 2020The post Crossroads office building sells at near-record price per sf appeared first on Colorado Real Estate Journal.
- Colorado Mesa University’s Hotel Maverick will Benefit from a Unique Design Solution March 30, 2020Colorado Mesa University’s hospitality program has enjoyed significant growth over the years and the university is preparing to open a “teaching hotel” during the first quarter of 2020 as a result. Davis Partnership Architects envisioned a unique materiality of the Hotel Maverick to set it apart. The hotel will boast a contemporary theme that integrates […]
- Hord Coplan Macht, Haselden team for FRCC’s Health Care Careers Center March 30, 2020Design-build team Hord Coplan Macht and Haselden Construction are underway on Front Range Community College’s new Health Care Careers Center. The 61,000-gross-square-foot center located on the Larimer campus in Fort Collins consolidates the college’s health sciences programs into one state-of-the-art facility that accommodates a multidisciplinary health care curriculum to address key health care workforce needs […]
- Partnership receives refi loan for predevelopment of River Mile project March 30, 2020The post Partnership receives refi loan for predevelopment of River Mile project appeared first on Colorado Real Estate Journal.
- Crossbeam Capital pays $21.5 million for Aviator March 30, 2020The post Crossbeam Capital pays $21.5 million for Aviator appeared first on Colorado Real Estate Journal.
- Adams County ED names Martinez president, CEO March 30, 2020Bo Martinez was named the new president/CEO of Adams County Economic Development. Most recently, Martinez served as director of economic development for the city of Miami Beach, Florida, where he repositioned the department to be a stronger resource in the city and region. Previously, he worked in progressive economic development leadership positions in the city and […]
- Crescent pays $16.25 million for Flatiron Park building March 30, 2020The post Crescent pays $16.25 million for Flatiron Park building appeared first on Colorado Real Estate Journal.
BizJournals Chicago
- The $349B Paycheck Protection Program is unprecedented. It also might not be enough. April 3, 2020The first-come, first-serve nature of the program could leave some small businesses out in the cold.
- A Chicago Business Journal reporter says farewell for now April 3, 2020Some final thoughts from a reporter who was there at the beginning of the Chicago Business Journal.
- My favorite United Airlines (and American Airlines) stories from the last six years April 3, 2020Out of thousands of stories this reporter has written at CBJ, I've picked six of my favorites on the United Airlines (and American Airlines) beat.
- OKRP and Illinois governor launch ad campaign to fight coronavirus April 3, 2020A Chicago ad shop is joining with the state's top elected official to roll out a new ad campaign to try to halt the spread of the deadly coronavirus in Illinois.
- OCD patients flock to Chicago startup’s online therapy app amid coronavirus April 3, 2020NOCD is a Chicago telehealth app that provides 1-on-1 virtual therapy sessions between OCD patients and licensed therapists.
- Chicago real estate software startup Livly raises $8 million April 3, 2020Livly is building a tech platform for property managers and renters that aims to be a one-stop-shop to help property owners manage their rental properties.
- Local banks exposed to billions in small-business loans outside the stimulus, SBA guarantees April 3, 2020For some banks, non-guaranteed exposure to the SBA program alone totals in the hundreds of millions of dollars and could eviscerate a material portion of their balance sheets if a wave of write-downs ensues.
- Target to start limiting customer numbers in stores, give staff masks and gloves April 3, 2020Target Corp. on Sunday will start limiting the number of shoppers it allows in its stores to enhance social distancing. It'll also issue masks and gloves to its store and distribution-center workers.
Globe St./Chicago
- McCormick Place to be Converted to Alternate Care Facility for Some COVID-19 Patients March 31, 2020Between three different locations, the facility will have the capacity to care for up to 3,000 patients and will be made fully operational in a series of phases in order to accommodate increased demand for care as quickly as possible.
- Chicago Industrial Spec Numbers Impressive in First Quarter; Future Uncertain Due to Coronavirus March 30, 2020"This suggests the average lease-up time for new speculative product following delivery in Chicago's industrial market is longer than other markets. This lease-up time will likely be extended further by the Coronavirus pandemic and ensuing economic response," Colliers states.
- Hyatt to Furlough Corporate Workforce, Temporarily Shutter Some Hotels March 25, 2020CEO Mark Hoplamazian and Chairman of the Board Tom Pritzker are forgoing 100% of their salaries, and Hyatt's senior leadership team is taking a salary cut of 50% through the end of May.
- Gov. Pritzker Issues Stay at Home Order to Combat Coronavirus March 23, 2020"I fully recognize that in some cases I am choosing between saving people's lives and saving their livelihoods. But ultimately, you can't have a livelihood without a life. This will not last forever, but it's what we must do to support the people on the front lines of this fight, and the people most vulnerable […]
- Why Data Centers Demand a Place in Your Portfolio March 23, 2020Data centers are getting a lot of CRE attention with spending on public cloud computing forecast to more than double in four years.
- Chicago Mayor Launches $100M Coronavirus Relief Package March 20, 2020The new fund will provide more than $100 million in low-interest loans to severely impacted small businesses over the coming months, targeting historically under-resourced communities with an emphasis on minimizing hardship for those businesses and their employees.
- Big Three Automakers Agree to Suspend Production in North America Due to Coronavirus March 19, 2020The deals were announced on Wednesday by the three major automakers. Following Thursday evening shifts, Ford is temporarily suspending production at its manufacturing sites in North America to March 30 to thoroughly clean its facilities to protect its workforce and boost containment efforts for the COVID-19 coronavirus.
- McDonald's USA to Only Serve Customers Via Drive-Thru, Walk-In Take-Out and 'McDelivery' March 17, 2020"During these uncertain times that impact all of us in personal ways, our ability to support each other, our people and our communities will ensure we emerge from this crisis stronger than before," says Joe Erlinger, president of McDonald's USA.
- Governors, Mayors Tighten Restrictions to Prevent COVID-19 Spread March 16, 2020"Our lives are all changing in ways that were unimaginable just a week ago," New York City Mayor de Blasio stated.
- New York-Based Partnership Acquires 4 Million SF Caterpillar Campus March 13, 2020The deal for the 350-acre campus also features a sale-leaseback component with Deerfield, IL-based Caterpillar Inc. The construction equipment manufacturer plans to keep approximately 500 of the company's employees on site and will lease back an office building along with a portion of adjacent industrial space.