Cawley Insights

Congratulations to Cawley Chicago’s Very Own, Josh Hearne!

Posted by Dan Cawley on May 3, 2018 3:02:49 PM

SIOR Chicago announced the recipients of the Annual SIOR Chicago Transactions Awards. Cawley Chicago would like to congratulate Josh Hearne for receiving the 2017 award for Largest Dollar Volume Land Transaction with a Platinum Sponsor. Josh Hearne, SIOR of Cawley Chicago Commercial Real Estate represented Venture One Real Estate LLC, a Platinum Sponsor, for the sale of 143 acres in Channahon, IL valued at $6,229,080.

The 16th Annual SIOR Chicago Transaction Awards were held on March 27, 2018. The awards recognize SIOR members and Platinum sponsors for their distinguished transactions and accomplishments throughout the year.

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Topics: industrial real estate, Awards, office real estate, Brokers, leadership

Office Space in Sullivan Center Landmark Sold by JLL

Posted by Dan Cawley on Apr 30, 2018 1:28:29 PM

A new owner has acquired 833,000 SF in office space at the Sullivan Center in Chicago. According to the article on REBusiness Online, JLL Capital Markets have sold a portion of the building for $176 million to New York-based 601W Companies. In this competitive market, the creative office space and loft ceilings only increased JLL’s chances of finding the right buyer. Bruce Miller of JLL is quoted, “This asset received significant investor interest because of its excellent location and strong tenant base…catering to the progressive tenants driving demand in this market.” Click here to read the full article on REBusiness Online. 

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Topics: office real estate, Brokers, aquisition