While it admittedly doesn’t have summer-caliber competition, Eisenopoly is undoubtedly the hottest commercial real estate ticket in snowy January and more than 500 came out to Macy’s on Friday.
Snapped: Clark Street Real Estate’s Peter Eisenberg, president of The Harold E Eisenberg Foundation, along with his mother Sheila Eisenberg and Todd Anixter. The organization honors Peter’s late father, Harold, a real estate developer, mentor and teacher at the ICSC School for Professional Development who passed away from liver cancer in 1999. The event's almost $120k in proceeds will fund GI cancer research at the Robert H Lurie Comprehensive Cancer Center at Northwestern University. At the office, Clark Street Real Estate recently sold a 75k SF Skokie property, long-term leased to Floor & Décor, to a private REIT. The company completed a retrofit of the property and repositioned it from an industrial to a retail use.
The event co-chairs and associate board members who planned the Monopoly-themed evening, pictured: Cushman & Wakefield’s Jeffrey Cohen and Trisha Connolly, with Heitman's Adam Greenebaum. Jeff just got back from NMHC's annual conference in La Quinta. Chicago multifamily is still at a relative discount to the primary/gateway cities, he says, and he's dubbing the attention to Midwest markets along the lakes (Detroit, Cleveland, Columbus) a "Rust Belt Revival" as those markets attract younger demographics and still see limited new supply. Trisha is heading to the Mortgage Bankers Association's annual conference in San Diego next week and Adam's busy with Heitman's active retail portfolio.
Here’s Millennium Properties R/E’s Michael Mintz, an associate board member, with Allie Werner. Michael tells us he recently completed a 7k SF lease for a restaurant in downtown Highland Park. He's also working on leasing out retail space on 18th street in the hot Pilsen neighborhood and helping institutional buyers find property. Outside of the office, you'll find him on the basketball court at The Standard Club or going to the occasional Umphrey's McGee concert. Eisenopoly was followed by an after party at Public House.
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