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MBRE EXPANDS ITS BROKERAGE TEAM WITH THREE NEW HIRES

Chicago, IL | June 25, 2018

MB Real Estate (MBRE) announced today that it has recently added three members to its brokerage team. MBRE’s newest brokers, Ashley Harrison, Kayla Beljan, and Nathan Miller, were all hired in the last three months, a move that reflects the commercial real estate firm’s expanding footprint.

Murphy Development Group to Develop Cambria Hotels & Suites in Milwaukee

Chicago, IL | June 14, 2018

Murphy Development Group (MDG) announced today that the firm closed on a deal to develop a Cambria Hotels & Suites in downtown Milwaukee, marking the beginning of MDG’s newest hotel project.

Old Cook County Hospital Redevelopment Kicks Off with Ceremonial Groundbreaking

Chicago | June 12, 2018

Civic Health Development Group, along with Cook County Board President Toni Preckwinkle, Mayor Rahm Emanuel, and a number of Chicago elected officials gathered for a ceremonial groundbreaking for the restoration and redevelopment of Old Cook County Hospital.

Deal Announcement: Lease Restructure for Logicalis

Downers Grove, IL | June 11, 2018

MB Real Estate is pleased to announce that Boris Yelyashav represented Logicalis on their lease restructure of 11,659 square feet at 3500 Lacey Road, Downers Grove, Illinois

Chicago Jewish Day School Completes New 2.6 -Acre Campus in Irving Park

Chicago, IL | June 04, 2018

MB Real Estate (MBRE) announced today the completion of the Chicago Jewish Day School’s (CJDS) new 2.6-acre campus in Irving Park. MBRE’s Project Services team was hired by CJDS to oversee development of the campus, with VP Brian Toenjes as project lead. Reed Construction and Cannon Design were also hired to provide construction and architectural and design services, respectively. Completion of the new campus represents Phase 1 of the 62,000-square-foot development project.

Civic Health Development Group Closes Financing for Redevelopment of Old Cook County Hospital

Chicago, IL | May 25, 2018

MB Real Estate announced that Civic Health Development Group(CHDG)closed on the financing for the redevelopment of the Old Cook County Hospital. CHDG is led by Chicago-based developer, John T. Murphy of Murphy Development Group (MDG), and includes MBRE, Walsh Investors and Granite Companies.

Deal Announcement: Lease Renewal for Coyote Logistics - Knoxville

Knoxville, TN | April 30, 2018

David Burkards represented Coyote Logistics on their renewal of 9,131 square feet at 445 Gay Street, Knoxville, Tennessee.

Deal Announcement: Lease Renewal for Sonoma Partners

Chicago, IL | April 23, 2018

David Burkards represented Sonoma Partners on their renewal of 19,126 square feet at 525 W. Monroe St., Chicago, Illinois

MB REAL ESTATE BROKERS WIN SUBURBAN DEAL OF THE YEAR AWARD

Chicago, IL | March 26, 2018

Members of MBRE's Corporate Services team, Kyle Robbins, David Burkards, and Andy Davidson, have received the Commercial Brokers Association’s Suburban Deal of the Year award for their representation of Astellas in a two-part deal at 9 Technology Drive in Westborough, Massachusetts.

Deal Announcement: Lease Renewal for ReviewTrackers, Inc.

Chicago, IL | March 26, 2018

Craig McCaw represented ReviewTrackers, Inc. on their lease renewal of 9,400 square feet at 320 West Ohio Street in Chicago, Illinois.

Deal Announcement: Extension and Expansion for Coyote Logistics

Chicago, IL | March 26, 2018

David Burkards represented Coyote Logistics on their extension and expansion of 34,590 square feet at 1515 Wazee Street in Denver, Colorado.

Deal Announcement: Lease Restructure for Greer, Burns, & Crain Ltd.

Chicago, IL | March 15, 2018

Boris Yelyashov, Andy Davidson, and Elise O'Connor represented Greer, Burns, & Crain Ltd on their lease restructure of 15,309 square feet at 300 South Wacker in Chicago, Illinois.

Civic Health Development Group, which includes John T. Murphy and MBRE, Move Forward with the Redevelopment of Old Cook County Hospital

Chicago, IL | February 14, 2018

The restoration and rehabilitation of Old Cook County Hospital has been turned over to a private development team, Civic Health Development Group (CHDG) with the execution of a long-term lease – a vital step in moving this highly anticipated project forward.

Deal Announcement: New Lease for Top 20 Pharma Company

Westborough, MA | February 13, 2018

MB Real Estate is pleased to announce that Kyle Robbins, Andrew Davidson, and David Burkards represented a top 20 global pharmaceutical company on a 250,813 SF lease transaction at 9 Technology Drive in Westborough, Massachusetts.

Deal Announcement: New Lease for ZipFit

Chicago, IL | February 07, 2018

MB Real Estate is pleased to announce that Kyle Robbins represented ZipFit on their new lease of 5,024 square feet at 832 W Superior in Chicago, Illinois.

CHICAGO LANDMARK INLAND STEEL BUILDING ACHIEVES LEED GOLD

Chicago, IL | January 29, 2018

The Inland Steel Building, located at 30 W. Monroe and owned by Capital Properties, received LEED Gold certification. LEED, or Leadership in Energy and Environmental Design, is a program spearheaded by the U.S. Green Building Council (USGBC).

Vital Proteins Announces Lease of 37,353 SQ FT Headquarters with Retail Space at ASB and Madison Capital's Fulton Market Redevelopment

Chicago, IL | December 08, 2017

MB Real Estate represented building ownership, Madison Capital, in Vital Proteins' HQ relocation. The Chicago-based collagen and wellness company signed a 10-year lease for a permanent HQ at 939 W. Fulton Market.

Chicago Landmark 333 N. Michigan Receives Preservation Excellence Award

CHICAGO | November 13, 2017

The Wirtz Realty Corporation, owner of 333 North Michigan, and MB Real Estate (MBRE), the exclusive property management and leasing provider for 333 North Michigan, announced today that the building received the Chicago Landmark Award for Preservation Excellence for a $50 million renovation recently completed at the property.

MB Real Estate Expands And Extends QRM Headquarters at 181 W. Madison

CHICAGO | November 07, 2017

MB Real Estate Services Inc. (MBRE) announced today that Quantitative Risk Management, Inc. (QRM) has expanded and extended its global headquarters at 181 W. Madison in Chicago. QRM will now occupy 107,000 square feet, with the expansion of its lease by 17,700 square feet.

Inland Steel Adds Anish Kapoor's Blood Mirror Sculpture to its Collection

CHICAGO | October 31, 2017

Capital Properties and MB Real Estate (MBRE), the exclusive property management and leasing provider for the Inland Steel Building, located at 30 W. Monroe, announced that the building’s lobby is now home to artist Anish Kapoor’s piece, Blood Mirror.

1 N LaSalle Hosts Saving City Tails Launch Event

Chicago, IL | October 17, 2017

MB Real Estate (MBRE) announced today that they are partnering with Chicago-based nonprofit Saving City Tails to host the nonprofit’s launch event, “Howl-O-Ween Pup Portraits,” on Thursday, October 26th, at One North LaSalle’s new tenant amenity floor, The Landmark.

Daley Plaza Now Open to Private Events

Chicago, IL | September 05, 2017

The Public Building Commission of Chicago (PBC) and MB Real Estate (MBRE), the exclusive property management provider for Richard J. Daley Center, announced that Daley Plaza is now available for private and commercial events.

Murphy Development Group Closes Record-Breaking Hyatt Centric Sale

Chicago, IL | August 31, 2017

Murphy Development Group (MDG) announced that the sale of its 257-room Hyatt Centric the Loop Chicago Hotel to Germany-based Deka Immobilien has closed for $110 million as a long-term sale and leaseback agreement.

Brian Toenjes Promoted to VP

Chicago, IL | August 21, 2017

MB Real Estate (MBRE) announced today that Brian Toenjes has been promoted to vice president of the Chicago-based real estate services firm’s Project Services department.

Michigan Plaza Earns LEED Platinum Green Building Certification

Chicago, IL | August 07, 2017

Michigan Plaza LLC, building ownership, and MB Real Estate (MBRE), the exclusive leasing and management company for Michigan Plaza, announced that Michigan Plaza, a two- building complex located at 205/225 North Michigan Avenue, has achieved LEED Platinum certification in the Existing Building Operations and Maintenance category as specified by the U.S. Green Building Council (USGBC).

Patricia Aluisi Promoted to COO

Chicago, IL | June 27, 2017

MB Real Estate (MBRE) announced today that it has promoted Patricia Aluisi to Chief Operating Officer. She is responsible for overseeing operations and daily administration across all business lines, as well as helping lead the firm’s strategic initiatives for future growth.

MB Real Estate Completes Lease & Expansion for EnsembleIQ

Chicago | June 12, 2017

MB Real Estate (MBRE) announced that Kyle Robbins and Boris Yelyashov of the firm’s Corporate Services & Tenant Advisory team completed a 19,800-square foot lease extension and expansion for EnsembleIQ’s headquarters office.

Eileen Flynn Promoted to CFO

Chicago | May 22, 2017

MB Real Estate (MBRE) announced that it has promoted Eileen Flynn as its CFO.

David Martin Joins MBRE Healthcare

Chicago | May 01, 2017

MB Real Estate (MBRE) Healthcare has named David Martin senior vice president of the firm’s development division.

Illinois Tollway and GEICO Remind Drivers to Use Safe Phone Zones at Six Oases

SCHILLER PARK | April 20, 2017

iStar Financial Inc., with the cooperation of the Illinois Tollway, introduces GEICO as the new sponsor of the Illinois Tollway oases "Safe Phone Zone" program. The oasis service plaza facilities are designated as Safe Phone Zones as part of a nationwide effort to reduce distracted driving by encouraging drivers to pull into safe, convenient locations to use their smartphones for calling, texting and accessing mobile apps.

MB Real Estate Completes Lease for the ACLU

Chicago | April 03, 2017

MB Real Estate (MBRE) announced that David Burkards and Kyle Robbins of the firm’s Corporate Services & Tenant Advisory team completed a 13,000-square foot lease on behalf of the American Civil Liberties Union (ACLU) of Illinois.

Taureaux Tavern to Open at 401 Financial Place

Chicago | March 28, 2017

MB Real Estate (MBRE) announced today that WellDone Hospitality Group, a division of Chicago-based OrganicLife, LLC, signed a lease for 5,000 square feet at 401 Financial Place.

1 N LaSalle Debuts The Landmark, the New Amenity Floor

Chicago | March 09, 2017

MB Real Estate (MBRE) announced today the opening of One North LaSalle’s new, full-service amenity floor, The Landmark. Construction of The Landmark began in Fall of 2016, and the recently delivered space is now available for tenant use.

MB Real Estate Completes Lease for PPM America

Chicago | March 07, 2017

PPM America, Inc., a Chicago-based financial services firm with $108 billion in assets under management,* has renewed and expanded its office space commitment at 225 W. Wacker Drive in Chicago. PPM America leases space on behalf of itself and its affiliate, Jackson National Asset Management.

David Graff Named Executive Vice President of Project Services

Chicago | February 14, 2017

MB Real Estate (MBRE) announced today that David Graff has been promoted to executive vice president of the Chicago-based real estate services firm’s Project Services division.

MB Real Estate Completes Lease for First Midwest Bank

Chicago | February 06, 2017

MB Real Estate (MBRE) is pleased to announce that Andrew Davidson, Jay Beadle, and David Burkards of the firm’s Corporate Services & Tenant Advisory division have completed an 80,000 square foot lease on behalf of First Midwest Bancorp, Inc. (First Midwest).

Kevin Purcell Named President of Leasing and Management

Chicago | January 25, 2017

MB Real Estate (MBRE) announced today that Kevin Purcell has been named to serve as president of the Chicago-based real estate services firm’s Leasing and Management Services divisions.

Krystal Kurinsky awarded Property Manager of the Year by BOMA Chicago

Chicago | January 24, 2017

Krystal Kurinsky, senior vice president of MB Real Estate, was awarded Property Manager of the Year by the Chicago chapter of the Building Owners and Manager Association, BOMA. The event was held Thursday, January 19 at Chicago’s Hyatt Regency hotel.

MB Real Estate Appoints Four to Executive Committee

Chicago | January 13, 2017

MB Real Estate (MBRE) announced today that Krysta Bavlsik, Eileen Flynn, Karoline Eigel and Suzanne Hendricks have been elected to the executive committee of the Chicago- based real estate services firm.

MBRE Represents Food Tech Startup Nurture Life in River North Lease

Chicago | January 09, 2017

MB Real Estate (MBRE) is pleased to announce that Craig McCaw, assistant vice president of Corporate Services, has completed an 8,000 square foot lease on behalf of Nurture Life at 358 W. Ontario Street, in Chicago’s River North neighborhood.

Krysta Bavlsik Named in Real Estate Forum’s 50 Under 40

Chicago | October 31, 2016

MB Real Estate (MBRE) congratulates MBRE Healthcare’s executive vice president, Krysta Bavlsik, for being named in Real Estate Forum’s 50 Under 40. The honor is given annually to the best and brightest professionals who are making great strides in commercial real estate and comprise the industry’s next set of leaders.

Michael Smolen Joins MB Real Estate's Project Services Team

Chicago | October 24, 2016

MB Real Estate (MBRE) announced today that Michael Smolen has been selected to serve as a senior project manager for the Chicago-based real estate firm’s Project Services division.

Eigel Selected to Lead Marketing Division at MB Real Estate

Chicago | August 29, 2016

MB Real Estate (MBRE) announced today that Karoline Eigel has been selected to serve as senior vice president and chief marketing officer for the Chicago-based real estate services firm.

MB Real Estate Awarded 939 W. Fulton Market Office Leasing Assignment

Chicago | August 05, 2016

MB Real Estate Services Inc. (MBRE) announced today that it has been awarded the office leasing assignment for 939 W. Fulton Market in Chicago’s Fulton Market. The property, located a half block east of Google’s new office site at 1K Fulton, is currently being redeveloped for mixed office and retail use, and will feature approximately 25,000 square feet of office on floors 2 and 3, a 6,000 square foot rooftop terrace, and 12,500 square feet of ground floor retail space.

MB Real Estate Expands Alzheimer's Association Lease at Michigan Plaza

Chicago | August 04, 2016

MB Real Estate Services Inc. (MBRE) announced today the expansion and extension of the Alzheimer’s Association lease at 225 N. Michigan Avenue (Michigan Plaza) in Chicago. A tenant since 2003, Alzheimer’s Association added 16,474 square feet to its previous 62,043 square foot commitment.

Trager Returns to MB Real Estate

Chicago | August 03, 2016

With over 15 years of experience and leasing over 2.5 million square feet in downtown Chicago, Ellen Trager returns to MB Real Estate (MBRE) after a 10 year hiatus.

Elise O'Connor Joins MB Real Estate's Corporate Services Team

Chicago | June 17, 2016

MB Real Estate Services Inc. (MBRE) is pleased to announce that Elise O’Connor has joined the firm’s Chicago office as an Associate on the Corporate Services & Tenant Advisory team.

MBRE Raises Awareness and Funds for Youth Charities

Chicago | June 13, 2016

MB Real Estate Services Inc. (MBRE) sponsored and helped organize awareness and fundraising events for two youth charities, Urban Initiatives (UI) and buildOn, over the last two weeks.

MB Real Estate Helps Raise $350,000 for the Headstrong Project

Chicago | June 02, 2016

Thousands of Chicago-area Iraq and Afghanistan veterans who report symptoms of post-traumatic stress disorder (PTSD) just received a meaningful contribution to help alleviate the ongoing suffering from their service. At a recent fundraiser at the Chicago Cultural Center, more than 250 social and business leaders raised $350,000 in support of bringing The Headstrong Project’s service offerings to Chicago.

MBRE Represents Mediafly in Office Relocation and Expansion in Chicago

Chicago | May 20, 2016

MB Real Estate Services Inc. (MBRE) is pleased to announce that Vice President, Corporate Services, Kyle Robbins has completed a new 18,142 square foot lease on behalf of Mediafly at 150 N. Michigan Avenue in Chicago.

MBRE Celebrates Earth Day 2016 with Several Initiatives

Chicago | April 25, 2016

MB Real Estate Services Inc. (MBRE) celebrated Earth Day 2016 on Friday, April 22nd with several initiatives including portfolio-wide communications, a recycling drive and distributing seeded coasters. The firm’s Earth Day 2016 initiatives positively impacted an estimated 10,000 people.

March Madness Events at 181 W. Madison

Chicago | March 25, 2016

MB Real Estate Services Inc. (MBRE), property manager of 181 W. Madison in Chicago, hosted a series of March Madness events this month for building tenants including a free throw contest, a bracket tournament and NCAA viewing parties.

MB Real Estate's Project Services Team Announces New Hires and Promotion, Expands Services to Include In-House Workplace Strategy

Chicago | March 14, 2016

MB Real Estate Services Inc. (MBRE) is pleased to announce that the firm continues to expand its Project Services team with the addition of Senior Project Manager / Director of Workplace Strategy Marc Schwartz and Assistant Project Manager Shiuwah Lam. The team also recently promoted Daniel Aboutar to senior project manager.

Hilco Global and Senior Executives of MB Real Estate Announce Acquisition of Landmark Building - One North LaSalle

CHICAGO | March 04, 2016

A joint venture of Hilco Real Estate (HRE), a unit of Hilco Global, and two senior executives of MB Real Estate Services, Inc. (MBRE) announced today that they have acquired historic landmark tower One North LaSalle located in Chicago’s Central Loop.

MB Real Estate Represents Purchaser in 25,000 Square Foot Retail Purchase in the Northwest Surburbs of Chicago

Chicago | February 08, 2016

MB Real Estate (MBRE) is pleased to announce that the firm’s David Kimball, vice president and Jay Beadle, senior vice president represented the purchaser, a private family, in the $6.85 million purchase of Strawberry Hill Plaza, in Elk Grove Village, Illinois as part of a 1031 exchange.

MB Real Estate Represents ReviewTrackers in Relocation and Expansion in Chicago

Chicago | January 28, 2016

MB Real Estate (MBRE) is pleased to announce that the firm’s Craig A. McCaw, assistant vice president, has completed a new 10,000 square foot lease on behalf of ReviewTrackers at 320 W. Ohio Street in Chicago.

MB Real Estate Closes Sale of Lincoln Park Redevelopment Property

Chicago | January 22, 2016

MB Real Estate (MBRE) is pleased to announce that the firm’s David Kimball, vice president and Jay Beadle, senior vice president recently completed the $10.6 million sale of a 90,000 square foot brick and timber loft building at 2065 N. Southport in Chicago’s Lincoln Park neighborhood on behalf of property ownership, Maclee Chemical Company.

MB Real Estate Promotes Leasing Services' Team Members Bertrand and Scheive

Chicago

MB Real Estate Services Inc. (MBRE) announced today the promotion of two Leasing Services’ team members: Kathleen Bertrand and Kelsey Scheive.