Chicago Commercial Real Estate

Developer buys La-Z-Boy plant (Kitchener - Waterloo Record)
WATERLOO (Apr 28, 2009) -- Activa Group, a Waterloo-based residential and commercial property developer, has acquired the former La-Z-Boy plant in Waterloo and plans to redevelop it into commercial office space.

QUICK POLL (GlobeSt.com)
EDISON, NJ-Mack-Cali Realty Corp. has been named one of the country’s most trustworthy companies as part of survey commissioned by Forbes.com. The locally based REIT was among 100 companies cited by Audit Integrity, a Los Angeles-based financial analytics outfit.

Sunrise considers hotel/office tower on edge of Everglades (Sun-Sentinel)
A controversial plan to build a 10-story hotel and office tower on the edge of the Everglades has environmentalists fuming.

Squirrel Hill properties adjacent to hotel project sell for $2M (BizJournals)
A stretch of Squirrel Hill properties adjacent to a planned $50 million hotel and condo project has sold for nearly $2 million.

CBRE brokers $3.7M industrial property sale (BizJournals)
CB Richard Ellis Memphis’ investment properties division brokered two commercial property transactions, including one locally.

Graduates launch the Triangle’s first Web television network (Technician)
Business partners of TriangleBlvd.tv and both N.C. State alumni, John Mason and Tyler Helikson sit out back of their downtown Raleigh office space. TriangleBlvd. tv is an online Web broadcasting site that through taped episodes gives exposure to “local products” and “downtown treasures.”

PeopleCube's Workplace BI Provides Critical Business Information For Managing Current and Future Real-Estate Needs (Business Wire via Yahoo! Finance)
DALLAS----PeopleCube, provider of intelligent workplace, resource, and energy management technology, today announced Workplace BI, the industry's first business intelligence tool that enables organizations to effectively monitor, measure, and manage utilization of real estate to maximize value and reduce overhead.