END OF THE WORLD AS WE KNOW IT
That was the theme for Shepard Schwartz & Harris' client lunch yesterday, where John Buck Company's Eric Sorenson and John Bilten informed us that buildings had lost as much as 30% of their value in the last three years. If this is the end of the world, at least we had good company: Schiff Hardin's Janet Johnson, Shepard's Mary Fuller, SmithGroup's Angie Lee and Rana Lee, and Circle Realty Advisors' Jean Meilinger. SmithGroup is the interior architect for Astellas' new HQ in Glenview and also just started working with Roosevelt University.
Metropolitan Properties of Chicago's Mary Vidinich, The Missner Group's Ira Massarsky, and Friedman Properties Ltd.'s Mary Killion at the University Club before the luncheon. Mary V. is working on selling the last 45 condos at Metropolitan Tower on Michigan Avenue. Mary K. just finished up the green parking garage at Kinzie and Clark.