THE MISSNER GROUP SELECTED FOR CONSTRUCTION OF 67,000 SF CHRYSLER JEEP DODGE RAM DEALERSHIP IN STREAMWOOD, ILLINOIS

The Missner Group is pleased to announce the firm has been selected as the design-build general contractor for the new Chrysler Jeep Dodge Ram at 1600 W. Lake Street in Streamwood, Illinois. The two-story, 67,000 square foot dealership is the third project The Missner Group has served as general contractor for the Bob Loquercio Auto Group.

The sleek and modern interior will feature a 15,000 square foot showroom, exhibiting 11 vehicles coupled with exterior vehicle hills, giving the appearance of the vehicles in their “off-road” environment. The new dealership will have the capacity to hold ample inventory, storing close to 500 vehicles on site for immediate access. Additionally, a 30,000 square foot service area will be constructed, containing 35 service bays to provide efficient and expedited service.

Construction of the facility will include the implementation of unique amenities to ensure customer satisfaction and convenience. Guests of the dealership will enjoy valet parking, drive-in service lanes, a contemporary and amenity rich customer waiting lounge, where guests can enjoy free WiFi and help themselves to a Starbucks® coffee bar, among other things.

“We are pleased to have the opportunity to construct this leading edge, ground-up facility on behalf of the Bob Loquercio Auto Group,” says Bob Nomellini, chief operating officer of The Missner Group. “We are dedicated to meeting and exceeding our clients’ demands and look forward to continuing to work alongside and assist the Bob Loquercio Auto Group in their expansion throughout Chicagoland.”

The Missner Group’s project manager, Scott Clark, will lead the project on behalf of the firm, with Steve Bulger serving as project superintendent.  Ron Vari and Associates, Inc. will provide the architectural services. The project is slated for completion Q2 2020.

Chrysler Jeep rendering.JPG

the missner group completes build out for rockwell automation, inc. at olympian office center property in lisle

the missner group completes build out for rockwell automation, inc. at olympian office center property in lisle

The Missner Group is pleased to officially welcome to the building and announce the completion of Rockwell Automation Inc.’s build-out at the Olympian Office Center property located at 4343 Commerce Court in Lisle, Illinois, situated along I-88 in the East/West Tollway submarket of suburban Chicago.

The build-out encompassed the construction of private executive suites, open-office concept work areas, multiple conferencing facilities, an employee lounge and kitchen, in addition to a high-end reception area.  The construction was spearheaded by Scott Nomellini, project superintendent, and Angelo Christopher, general superintendent of The Missner Group. Interior Design Group Ltd. provided the design services.

“It was a pleasure to work alongside the Rockwell Automation team to deliver their preferred working environment,” said Nomellini. “I have enjoyed working with all of the new tenants at the Olympian Office Center, constructing a variety of productive and efficient office work spaces, ultimately transforming the entire Olympian Office Center property.”

Rockwell Automation, Inc. signed a long term lease for 21,100 square feet of the office building. Timothy Reynolds and Jon Springer of CBRE, Inc. represented Rockwell Automation, Inc. in this transaction. David Florent and Francis Prock of Colliers International represented the owner in this transaction.

Acquired by The Missner Group in 2016, the Olympian Office Center underwent a wide-spread renovation, which included extensive exterior and interior improvements to modernize the space. New features include a WiFi lounge, shared conferencing rooms, workout facilities complete with locker rooms and showers, new elevators, window treatments and significant lobby improvements including all new common area furniture. Occupancy has risen to 49% at the property.

Industrial Construction and Development: Novel Trends Bring New Challenges

THE MISSNER GROUP SELECTED FOR NAF NAF GRILL BUILD-OUT PROJECT IN CHICAGO

The Missner Group is pleased to announce the firm has been selected for the build-out of a new Naf Naf Grill location at 231 S. LaSalle Street in Chicago, Illinois.

The new Middle Eastern restaurant will feature a high-end kitchen equipped with a walk-in cooler and a bakery to host the restaurant chain’s signature pita oven. Renovations will also include a dining room space and restrooms to serve their customers.

The Missner Group will reconstruct the new highly customized space with framing, roofing, and drywall, upgraded electrical and plumbing systems, as well as added flooring, paint finishes, carpentry and assist with all FF&E implementation. 

The Missner Group was recognized by Naf Naf Grill as a result of their experience and knowledge in the area of food service construction. The firm’s work with many companies in this sector, coupled with their understanding of the food service regulatory agencies, made The Missner Group an easy choice to serve as general contractor for this venture.

This is the third project The Missner Group has completed for Naf Naf Grill, having recently completed an office remodel at their Chicago headquarters and a restaurant build-out in Schaumburg. Paul Cohen will lead the construction efforts as head estimator on behalf of the firm with Mike Sneddon serving as project superintendent. Dungan Design Group will provide the architectural services. Construction is set to be complete mid-summer 2019.

THE MISSNER GROUP COMPLETES BUILD OUT FOR ANJU SOFTWARE AT OLYMPIAN OFFICE CENTER PROPERTY IN LISLE

The Missner Group is pleased to announce the completion of Anju Software’s build-out, who is a new tenant at their Olympian Office Center property located at 4343 Commerce Court in Lisle, Illinois, situated along I-88 in the East/West Tollway submarket of suburban Chicago.

The build-out encompassed the construction of private executive suites, open-office concept work areas, multiple conferencing facilities, an employee lounge and kitchen, in addition to a high-end reception area. Construction was led by Scott Nomellini, project superintendent, and Angelo Christopher, general superintendent of The Missner Group. Interior Design Group Ltd. provided the design services.

“It was a pleasure to work alongside the Anju Software team to deliver their preferred working environment,” said Nomellini. “I have enjoyed working with all of the new tenants of the Olympian Office Center, constructing a variety of productive and efficient office workspaces, ultimately transforming the entire Olympian Office Center property.”

Anju Software has signed an eight-year lease, leasing 8,100 square feet of the office building. Ryan Moen of Bradford Allen Realty Services represented Anju Software Inc. in this deal. David Florent and Francis Prock of Colliers International represented the owner in this transaction.

Acquired by The Missner Group in 2016, the Olympian Office Center underwent a wide-spread renovation, which included extensive exterior and interior improvements to modernize the space. New features include a WiFi lounge, shared conferencing rooms, workout facilities complete with locker rooms and showers, new elevators, window treatments and significant lobby improvements including all new common area furniture.

Industrial Developers Need To Be More Nimble Than Ever


THE MISSNER GROUP COMPLETES CONSTRUCTION OF 173,000 SF INDUSTRIAL DEVELOPMENT IN AURORA

The Missner Group and First Industrial Realty Trust are pleased to announce the completion of Orchard Industrial, a 173,000 square foot development in Aurora, Illinois. This newly constructed facility is located on a 9.7- acre site at 1998 Melissa Lane, along Dancer Drive.

The development, located on the far West Side of the Orchard Road Corridor, is designed to accommodate up to three tenants. The building features office to-suit, 32’ clear heights, 22 loading docks, drive-in doors and an ESFR fire safety system.  Additionally, the property offers 174 parking spaces, a 12-trailer parking lot, and all new landscaping throughout the building’s exterior.

To minimize the “big box” look along Melissa Lane and Interstate 88, The Missner Group added architectural elements along the eastern and northern elevations. The high-end façade includes five, two-story glass entrances along with large windows spanning the top of two stories, in addition to a faux entry feature.

As part of the project, The Missner Group completed surrounding off-site roadway improvements to realign Sullivan Road at the intersection with Deerpath Road, which now prevents awkward turning movements and has improved overall traffic safety.

The Missner Group’s general superintendent, Angelo Christopher, and senior project superintendent, Steve Bulger, led construction on behalf of the firm and Cornerstone Architects provided the architectural services. Brian Kling and Reed Adler of Colliers International sold the property in a pre-sale transaction to First Industrial Realty Trust.

A_568.jpg
88 orchard 4.jpg
orchard 4 (1) (2).jpg

The Missner Group Team Gives Back to Feed My Starving Children

The Missner Group Team Gives Back to Feed My Starving Children

Our team gave back by volunteering with the Feed My Starving Children organization. Together, we contributed to packing over 250 boxes, containing 52,200 meals for children all over the world. Our efforts have ensured that 150 children will be able to eat for an entire year. We are so humbled and grateful to have been a part of this meaningful day.

Feed My Starving Children (FMSC) is a non-profit that provides nutritionally complete meals specifically formulated for malnourished children. Donations given by people just like you fund the meal ingredients. Volunteers hand-pack the meals. Meals are donated to FMSC food partners around the world, where kids are fed and lives are saved. For more information visit: www.fmsc.org.

FMSC8.jpg
fmsc10.jpg
FMSC7.jpg
FMSC4.JPG

Energy Efficiency: Why does it matter and how to get there?

Energy Efficiency: Why does it matter and how to get there?

By: Angela Aeschliman

angela.PNG

One of the most significant issues we tackle daily is building energy, whether it be hot or cold calls, interior air quality or the mass amounts of cost for energy.  I have found that many building managers overlook the core issue to solve these time-consuming problems at the building.  Here are some simple steps to get your arms around improving your buildings energy usage and efficiency.

Start with measuring your energy.  I always suggest getting the building on the Energy Star Portfolio Manager platform.  Additionally, many utility companies now have online platforms.  You first have to find out what is happening at the building to improve its performance.

Next, do a building envelope inspection and review your run times on your HVAC systems. Significant strides can be made with these two items alone.  The building envelope would include all door closures, windows, dock areas, and any other physical separators between the conditioned and unconditioned environment of the property.  Where are doors not sealed correctly, being held open or simply too slow to close?  If you have a vestibule turnabout, encourage your tenants to use that instead of double doors. This will significantly impact how much heating and cooling you will need in your lobbies. As it relates to HVAC systems run times; many buildings run 24/7 simply due to issues with their base equipment. However, if you could cut back run times by just a few hours each day your energy usage would reduce 8-15%.

Enlist the help of others.  Start to talk about your goals with your staff and vendors. Great ideas can come from any one of them.  Look into rebate programs and free inspections provided by local utility companies.  ComEd in our area offers several facility assessments that cost you no money and provide recommendations and many times can cover the cost of recommended improvements.

Track your progress.  A large percentage of buildings fall into a B or C class. Those buildings have options to gain certifications to value add to the tenants, owners, and staff.  IREM offers a CSP program (Certified Sustainable Property) that allows you to track step by step your changes, roll out new policies to your building, and help to draft lease language and contract language to ensure the long-lasting effects.  You can find this information at IREM.org.

Energy efficiency first saves a significant amount of money.  One building in our portfolio, Olympian Center, is an all-electric building that was running about $320,000 in electricity annually.  Through some of what I mentioned above and a window film project, we have cut our usage by 20%, in less than one year.  That’s $64,000.  I can imagine you could tell your own great story to owners and Tenant with this type of reduction.  However; more important than the money, our building is running with much fewer hot and cold calls, Tenants are pleased, and staff and vendors feel like they have been part of making the changes.

Lastly, never feel these projects are too big to tackle.  There are several passionate people, including myself, that can help. If you need advice, ask a Vendor, ask your Utility companies, create your building on the Portfolio Manager platform and start your plan with the CSP.

Recent Leasing Activity at Olympian Office Center shows promise for the East-West Corridor

Recent Leasing Activity at Olympian Office Center Shows Promise for the East-West Corridor

The Missner Group is pleased to announce three new leases, occupying 40,200 square feet of the 168,000 square foot, seven-story Olympian Office Center property located at 4343 Commerce Court in Lisle, Illinois, situated along I-88 in the East-West Corridor submarket of suburban Chicago. The three new tenants include tech tenants Application Software Technology (AST) LLC and Anju Software, in addition to manufacturing tenant Rockwell Automation, Inc.

Application Software Technology (AST) LLC has completed an 11-year lease at the property leasing 11,000 square feet of the office property. AST LLC was represented by Jon Springer and Dan Persa of CBRE, Inc.

Anju Software has signed an eight-year lease, leasing 8,100 square feet of the office building. Ryan Moen of Bradford Allen Realty Services represented Anju Software Inc. in this deal.

Finally, Rockwell Automation executed an eight-year lease to occupy 21,100 square feet of the property. Timothy Reynolds and Jon Springer of CBRE, Inc. represented Rockwell Automation in this transaction.

David Florent and Francis Prock of Colliers International represented the owner in all three transactions.

The Missner Group has recently completed the build-out for AST LLC’s space and construction is underway for both the Rockwell Automation and Anju Software space in the Olympian Office Center.

Formerly the headquarter offices of Porsche Cars North America, the Olympian Office Center was acquired by The Missner Group in 2016. The property underwent a wide-spread renovation, which included extensive exterior and interior improvements to modernize the space.  Most distinguishable, The Missner Group painted the exterior of the property, repaved the surrounding parking lot, and implemented all new landscape, which dramatically refreshed the landscape and dated aesthetics of the well-known property. This Class A office property features a Wi-Fi lounge, shared conferencing centers, fitness facility complete with locker rooms, and a Halsted Street Deli franchise available to tenants daily.

A desirable place to live and work, the East-West Corridor is known for its high concentration of corporate headquarters including Navistar, Nicor, and OfficeMax. Situated near major transportation arteries, the submarket allows for easy access to O’Hare International Airport, downtown Chicago, and the north and northwestern submarkets of Chicago.

The Missner Group Announces One New Lease and Two Lease Renewals for Q1 2019

The Missner Group is pleased to announce one new lease and two lease renewals, totaling close to 23,000 square feet for first quarter 2019. One renewal is for the firm’s Touhy Industrial Plaza located at 500 E. Touhy Avenue in Des Plaines, Illinois.  The new Lease and second renewal is for their newly acquired property at 901-929 AEC Drive in Wood Dale, Illinois

Weslite, Inc. has signed a 36-month, 9,000 square foot lease for Touhy Industrial Plaza, where they have been tenants for five years. Weslite Inc. specializes in the distribution of lighting products and innovative technologies nation-wide.

Transworld Freight Systems Corporation has executed a new 50-month lease for 9,000 square feet at 900 AEC Drive in Wood Dale. Transworld Freight Systems Corporation is a new tenant at this property and their services include management of international import and export cargo transportation services.

Additionally, OPC Construction, Inc. has signed a 7,000 square foot, 60-month lease renewal at the Wood Dale property. The company has been at this location for nine years and is a carpentry, drywall, and ceiling contractor specializing in commercial, educational, and institutional construction.

The Missner Group Announces Three New Hires

THE MISSNER GROUP ANNOUNCES THREE NEW HIRES

PRESS RELEASE: The Missner Group is pleased to announce three new hires for their organization. Ron Tamason will serve as The Missner Group’s new senior project manager, Chris Glasder will take on the assistant project manager role, and Theresa Hernandez will serve as an executive assistant.

Ron Tamason is joining our firm bringing over thirty years of project experience. Ron has a diversified range of relevant industry knowledge at every level of the construction process, including but certainly not limited to budgeting, design/build, engineering, and construction management.  Ron will serve as a senior project manager at The Missner Group; his responsibilities will include working on many of Missner’s most complex and challenging projects where his expertise in due diligence, design, value engineering, defining scope, negotiating contracts, establishing and controlling schedules, and delivering projects will be utilized.

Chris Glasder brings a broad skill set to The Missner Group including, value engineering practices, bid processing, supervision of field staff and subcontractor base, and other preconstruction applications. Glasder will serve as an assistant project manager at The Missner Group, with responsibilities that include assisting Project Managers with administrative duties, bidding, awarding contracts, scheduling and overall project management, both in the office and in the field.

Theresa Hernandez brings over ten years of administrative experience to The Missner Group, where she will serve as the executive assistant to our CEO and business development team. Before she became an administrator, Theresa was a member of the United States Armed Forces. We are so pleased to have Theresa here at The Missner group and thank her for her service to our country.

Spotlight on Women in Energy Efficiency Featuring SVP, Angela Aeschliman

Spotlight on Women in Energy Efficiency

by Audrey Bragg

“I think it’s just my personality that allows me to be fearless and put myself in gender-unbalanced situations,” says Stephanie Bassler. “I am doing my best, and I let that speak for itself.” How many of us have heard women’s stories similar to Stephanie’s?

To celebrate Women’s History Month, my staff asked women to reflect on their career roles in energy efficiency (EE). We are honoring the women of the thriving U.S. EE industry. With this sector projected to grow fast, it will offer millions of good jobs for years to come[i]–and to more women than you might imagine.

As of 2018, women make up only 23% of the field[ii]. However, by all accounts women are essential to the industry’s vitality.

Strong U.S. Leaders Set the Tone
Women run major EE businesses. One is Pearl Certification headquartered in Virginia, the nation’s only private certification firm to sponsor the U.S. Department of Energy’s Home Performance with ENERGY STAR program. Pearl owes much of its success to co-founder and CEO Cynthia Adams.For many women who are now leaders, their path has at times felt more like an obstacle course. In a March 2018 Detroit Free Press interview, Carla Walker Miller of Walker-Miller Energy Services described her challenging journey from engineering to entrepreneurial legend: “The construct said I had to wait for a slot that would open every five or 10 years that would accommodate a black female and the right manager.” Rather than waiting for such a position, Carla started her own energy waste reduction business, which now employs 110 people and generates $24 million of revenue annually.

We Can Do It!
Across the country women have found good jobs in the EE industry. Faces of EE highlights hundreds of women EE professionals in 43 states and the District of Columbia. Among their key roles, women perform energy audits, develop new technologies, and own and operate businesses.

I sought insight about the day-to-day experiences of women working for cleaner air, more comfortable homes, and lower energy bills. We captured testimonials that document rewarding careers. Three notable EE leaders took the time to speak with us, each of whom encourages more women to seek opportunities in this growing field.

Three Women’s Stories: Arizona, Illinois, New York
Elena Chrimat is co-owner and co-founder of Ideal Energy AZ. Her Arizona business specializes in making homes more efficient by providing full HVAC service, maintenance, and repairs as well as new installations.

Elena Chrimat lives in Tempe and is co-owner and co-founder of a Phoenix business

Elena conducted the company’s first energy audit in 2009. She enjoys helping the company to grow. Ideal Energy AZ is a highly-ranked business (as of today, 5 stars on Facebook; 4.9 stars on Google with 63 reviews) that employs more than a dozen people. Elena feels that the most gratifying aspect of her job is receiving feedback from customers about improved quality of life and lower bills following HVAC installation or service. There’s only one other woman at the company, and Elena has grown accustomed to some of the challenges of working in a field dominated by men.

“Initially you have to work harder to establish trust and prove that you know what you’re talking about,” she says. “It is sometimes more difficult since a lot of employees are men…I’m not going to let obstacles I face as a woman get to me…You just have to work a little harder.”

In 2018 Elena’s company received the highest honor from Energy Star. Elena plans to strengthen process implementation to allow the business to run even more smoothly.

Angela Aeschliman is Vice President of Property and Asset Management at a real estate development and construction company

Angela Aeschliman is VP of Property and Asset Management at the Missner Group in Chicago. Her work involves everything from managing lease obligations, forecasting operating and capital expenses, working with utilities and rebates, collaborating with owners and investors, and coordinating ongoing efficiency training with her team. She describes her role as involving not only property management, but also people management. Angela feels rewarded when she addresses inefficiencies by saving water and energy in buildings. One of the more difficult aspects of Angela’s job is protecting capital for implementing EE measures, as this budget is too often used for unexpected expenses.

“I dream about a day when there is disclosure about energy use in an asset…people don’t realize how much payback you can get,” Angela says. “Little changes can have a big impact.” Angela believes that education about the jobs that exist is essential to encouraging more women to join the industry.

Finally, we spoke with Stephanie Bassler, principal at North River Architecture and Planning, PC (NRAP) in Stone Ridge, New York. NRAP is a full-service architectural practice that specializes in highly energy-efficient design. Stephanie is a registered Architect and a certified Passive House consultant. Many of NRAP’s projects are designed to Passive House efficiency standards, and several have reached the high bar of Passive House certification. One such project is in Accord, New York. The home produces more energy than it uses, thanks to a thoughtful design that integrates solar rooftop panels. As a NetZero building, it is also a healthier, more comfortable, and lower-maintenance home.

Stephanie hopes NRAP will continue to grow, and that their Passive House design projects can expand to include multi-family homes. She feels that encouraging women to seek employment in the EE field needs to start early when girls are still in school and that it’s important for young women to have access to mentors.

Women in EE: Going Forward
These leaders provide examples of the diverse options for women in the industry. Despite their underrepresentation in the overall EE workforce, women bring enormous value. They also enable companies to gain new perspectives. For instance, a deep understanding of a customer’s viewpoint is important for home performance, and women are heavily involved in decisions about home improvements.[iii] For businesses and for individuals, more women joining the industry is a win-win.

THE MISSNER GROUP AND TIMBER HILL GROUP ANNOUNCE NEW PARKING FACILITY DEVELOPMENT IN MELROSE PARK

The Missner Group and Timber Hill Group are pleased to announce the development of a new 12.5–acre overnight truck parking facility in Melrose Park, Illinois. The development will be situated at 2100 N 15th Avenue, along Armitage Avenue in the O’Hare Cook County submarket of Chicago.

The Missner Group will demolish the existing 300,000 square foot dilapidated multi-tenant industrial building. In its place, the firm will construct a modern, gate-secured, fully-lighted monthly parking facility for 285 tractor-trailers. Additionally, the facility will be complete with the installation of a storm water detention system, all new electric service, security system monitoring activity, as well as full-site landscaping with a fence enclosure.

“The O’Hare market suffers from a lack of supply of efficient and secure tractor and trailer parking.” says Cary Goldman, Owner of Timber Hill Group. “The distribution economy fed by Ecommerce requires both high cube warehousing and parking for the thousands of trucks that service the area daily. We appreciate that Melrose Park joined us in recognizing this demand and helping us to create a solution,” says Goldman.

Located in the heart of the Melrose Park industrial sector, the facility is in a highly concentrated transportation hub, with immediate access to Interstate-294, Interstate-290, and local railways. The area is dense with a diverse mix of manufacturing, distribution, residential and retail properties.

The Missner Group’s senior project manager, Bob Papineau, general superintendent, Angelo Christopher, and project superintendent, Mike Sneddon, will lead construction on behalf of the firm. Construction is underway and the development is set to be complete by summer 2019.

THE MISSNER GROUP ANNOUNCES THREE NEW LEASES, TOTALING 40,200 SF FOR OLYMPIAN OFFICE CENTER PROPERTY IN LISLE

The Missner Group is pleased to announce three new leases, occupying 40,200 square feet of the 168,000 square foot, seven-story office property located at 4343 Commerce Court in Lisle, Illinois, which is situated along I-88 in the East/West Tollway submarket of suburban Chicago.

Application Software Technology (AST) LLC has completed an 11-year lease at the property leasing 11,000 square feet of the office property. AST LLC was represented by Jon Springer and Dan Persa of CBRE, Inc.

Anju Software has signed an eight-year lease, leasing 8,100 square feet of the office building. Ryan Moen of Bradford Allen Realty Services represented Anju Software Inc. in this deal.

Finally, Rockwell Automation executed an eight-year lease to occupy 21,100 square feet of the property. Timothy Reynolds and Jon Springer of CBRE, Inc. represented Rockwell Automation in this transaction.

David Florent and Francis Prock of Colliers International represented the owner in all three transactions.

The Missner Group has recently completed the build-out for AST LLC’s space and will begin construction for both the Rockwell Automation and Anju Software space in the Olympian Office Center.

Acquired by The Missner Group in 2016, the Olympian Office Center underwent a wide-spread renovation, which included extensive exterior and interior improvements to modernize the space. New features include a WiFI lounge, shared conferencing rooms, workout facilities complete with locker rooms and showers, new elevators, window treatments and significant lobby improvements including all new common area furniture.

THE MISSNER GROUP AND TIMBER HILL GROUP SELL NEWLY CONSTRUCTED 84,000 SF INDUSTRIAL DEVELOPMENT IN WHEELING

Joint-development partners, The Missner Group and Timber Hill Group, are pleased to announce the sale of their recently completed development, Chaddick Industrial Centre, located at 1075 Chaddick Drive in Wheeling, Illinois. 

Kohlberg Kravis Roberts & Co. purchased the modern 84,000 square foot facility, which leased 64% of the total space to a single tenant during the construction phase of the project. Jonathan Kohn of Colliers International represented the buyer in this transaction.

The property lies within the Northeast Cook County submarket of Chicago, making it eligible for Cook County’s Class 6B tax incentive status.  The building features attractive pre-cast and glass elevations, ESFR fire safety system, 30’ ceiling clear heights, ten exterior loading docks, drive-in doors, and 99 parking stalls. The Missner Group completed construction of this development last fall.

THE MISSNER GROUP AND TIMBER HILL GROUP COMPLETE CONSTRUCTION OF 84,000 SF INDUSTRIAL DEVELOPMENT IN WHEELING

Joint-development partners, The Missner Group and Timber Hill Group, are pleased to announce the completion of construction at 1075 Chaddick Drive in Wheeling, Illinois. 

The modern 84,000 square foot facility lies within the Northeast Cook County submarket of Chicago, making it eligible for Cook County’s Class 6B tax incentive status.  The property features attractive pre-cast and glass elevations, ESFR fire safety system, 30’ ceiling clear heights, ten exterior loading docks, drive-in doors, and 99 parking stalls.

 “We are pleased to once again partner with our colleagues at Timber Hill Group on this Wheeling development,” said Barry Missner, CEO of The Missner Group. “The proximity of the site to O’Hare and the Interstate system, as well as its access to a skilled labor force and executive communities, make this a viable project for our portfolio and will make it an attractive option for an industrial user requiring a new, modern facility in a sought-after submarket.” 

Chaddick Industrial Center leased 64% of the total space to a single tenant during the construction phase of the project. There remains one non-divisible space in the building of 31,000 square feet. Brett Kroner, Keith Puritz, and Eric Fischer of Cushman and Wakefield represent ownership

The Missner Group served as the general contractor for this development. The construction team included Ron Cinkus as senior project manager, Angelo Christopher as general superintendent, and Mike Sneddon as project superintendent. 

THE MISSNER GROUP BEGINS CONSTRUCTION FOR WEST LOOP COMMERCIAL REDEVELOPMENT

The Missner Group is pleased to announce the firm has begun construction at the Oxxford, located at 1220 West Van Buren Street in Chicago. The Missner Group plans to redevelop the current seven-story, 115,000 square foot office/showroom, and manufacturing building into a nine-story, 140,000 square foot Class A, loft office/commercial building to further support the growing demand of companies seeking a West Loop location.

The Missner Group’s redevelopment plans for 1220 West Van Buren include constructing open floor plans with concrete and brick features throughout the space. They will also incorporate modern tenant amenities including a tenant lounge with rooftop deck, a fitness center equipped with locker rooms and a lounge, multiple Wi-Fi gathering locations, a conferencing center, as well as bike parking facilities, all with the goal of keeping the character and respecting the history of the property.

 “The Oxxford is located at the corner of Van Buren and Racine, within Chicago’s West Loop’s recent retail, office, and residential boom. The neighborhood’s resurgence has made it one of Chicago’s ideal places to live, work and play,” said Glen Missner, president of The Missner Group. “The building offers excellent access to public transportation, the Eisenhower Expressway, and a myriad of dining and nightlife options. It also lies within an area of increasing residential density and diverse demography, making it an ideal opportunity for the commercial and office markets.”

The Oxxford is surrounded by new residential and commercial developments, offers full-frontage off the Eisenhower Expressway (I-290) with signage options available, and is minutes from the Racine ‘L’ stop, University of Illinois Circle Campus and Rush University Hospital.

 “The Oxxford’s storied legacy and vintage building charm, which includes 14’ to 16’ ceiling heights, open floor plans, and skyline views will be further enhanced through the addition of new, modernized amenities. It’s a unique opportunity for this area, and we’re proud to bring it to the market,” added Missner.

Jack McKinney, Jr. of Cushman and Wakefield will represent the property on behalf of The Missner Group. Wright Heerema Architects will provide the architectural services. Construction is set to be completed mid – 2019.

SVP, Angela Aeschliman, Sworn in as IREM®'s President-Elect

Our SVP of Property and Asset Management, Angela Aeschliman, was sworn in as IREM’s President-Elect at their 2018 officer installation ceremony. Her primary responsibility will be to assist with member engagement and the organizational value. Her tasks will include:

• Help with member retention and prospective member recruitment

• Hold programs that benefit our mission and meet member needs

• Work to include educational aspects in organization programs wherever possible

• Promote IREM credentials and the organization within the community, industry and media

• Write periodic articles & letters for the website/social media outlets

Additionally, Angela currently serves as IREM’s Sustainability Advisory Board Chair, which oversees and manages IREM’s Certified Sustainability Property (CSP) certification. The certification allows property managers to gain recognition for properties not covered by other programs, extend sustainability across their portfolio, or start a sustainability initiative from scratch.

Congratulations, Angela!

[Others photographed:Kris Haskins of Colliers International, Stephen Schimmel of Mclennan Property Management, and Colleen Needham of Draper and Kramer, Incorporated.]

PRESS RELEASE: THE MISSNER GROUP ANNOUNCES 117,000 SF 10 -YEAR LEASE RENEWAL AND RENOVATION PROJECT FOR BUNZL RETAIL SERVICES

PRESS RELEASE: The Missner Group is pleased to announce a 10-year, 117,000 square foot lease renewal with Bunzl Retail Services at 8338 Austin Avenue in Morton Grove, Illinois. Additionally, The Missner Group has been selected general contractor for a large scale renovation which will include significant upgrades and improvements to Bunzl’s 50,000 square foot offices in addition to the remaining warehouse and distribution portion of their space.

“We are pleased Bunzl Retail Services has made this long term commitment and is continuing their tenancy at our Morton Grove property,” says Eddie Adler, Executive Vice President of the Missner Group. “We look forward to delivering a great space to their company, one that their whole team can grow into, be more productive and enjoy for many years to come.”

The project will include expanding the office space by 8,500 square feet bringing that total to 50,000 square feet, in addition to an expansion of the warehouse facility by 12,500 square feet bringing that part of their space to over 67,000 square feet.

The renovation will consist of extensive interior and exterior improvements modernizing the space and the existing building both inside and out. Enhancements will be extensive and include all new high end office finishes as well as upgrades to the manufacturing/distribution space. A few of the numerous enhancements will include new flooring, ceilings and lighting throughout. The Missner Group will also upgrade all plumbing, electrical and HVAC systems.

Adler negotiated the lease on behalf of ownership. Heath Yarger, project manager for the Missner Group, will lead the construction team with Bill Uchyn serving as project superintendent. Interior Design Group, Ltd will provide the architectural services.

With operations across North America and Europe, Bunzl Retail Services is a leading provider of customized supply chain management solutions to corporations around the world. They have worked out of this location for more than 40 years.