Department Store Redesign; The Deal Sheet
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|The US GSA and 4240 Architecture are renovating the former Bond Department Store at State and Jackson. 4240 has designed a historically sensitive and high-performance facade along the main elevation at State and Jackson.|
|4240 design director Robert Benson is designing the building to let a lot of light in. The top three floors, which will include new glazing along the North and West faÃ§ades, will house the Dept. of Labor. Other major modifications include new lobby and loading facilities.The Architecture of Recovery â Chicago State Street South project is designed to conserve resources and meet the high-performance goals of the American Recovery and Reinvestment Act, LEED, and the GSA. Completion is slated for early 2012.|
Jack Reardon has joined NAI Hiffman as an SVP with their office services group. Jack's focus will be on Chicago's North, Northwest, and O'Hare submarkets. He was formerly with CB Richard Ellis, and most recently, Cushman & Wakefield. Earlier this year he brokered leases for Career Education Corp., FDIC, and StoneWater Capital totaling 570k SF. Jack graduated from Miami University, Ohio.
Grady Hamilton has joined Trammell Crow Co. as principal. He will be responsible for industrial and office development and acquisitions throughout the Chicago suburban market, expanding Trammell Crow's land control throughout the Chicago suburbs and new business development in Minneapolis. Grady previously worked Opus North where he was responsible for managing the firm's office development and leasing strategies in the Chicago market. He graduated from Miami University.
Jones Lang LaSalle has promoted nine Chicago-based executives in its brokerage, corporate solutions, and business & economic incentives practices:
Samuel Hergott has joined Newcastle as retail portfolio manager. His responsibilities include strategic planning, leasing and property operations. Samuel brings six years of experience and previously was responsible for leasing and management of the firm's retail properties.
Boston-based Winthrop Realty Trust has awarded the exclusive leasing of 550, 650 and 701 Warrenville Rd. in Lisle to NAI Hiffman. The leasing team includes James Adler, Patrick Kiefer, Daniel O'Neill, and Garrett Schultz. Winthrop Management will continue to manage the properties on behalf of ownership.
Wonderlic has completed a long-term office lease for 26k SF at 400 Lakeview Pkwy. in Vernon Hills. The building part of Continental Executive Park is owned by PacTrust and was formerly was the Baxter Credit Union building. Poldolsky Northstar CORFAC International's Corey Chase repped the tenant. NAI Hiffman's Michael Flynn and Jason Wurtz repped building ownership.
Midwest Business Development has leased 13k SF of industrial space located at 1020 Davey Rd. in Woodridge. Lee & Associates'Jeff Galante and Brian Vanosky represented building ownership, Bridge Development Partners, and Countrywide Real Estate's Thomas Chen represented the tenant.
Schulz Properties' Theresa Schulz represented building ownership for the renewal of an 8k SF lease for Black & Veatch and new lease with Strategic Financial Group for 1k SF at 7600 County Line Rd. in Burr Ridge. Theresa also represented CenterPointe Church for 6k SF, and Capri Ristorante for 5k SF at 16108 Route 59 in Plainfield.