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Archive for the Category ‘Midwest’

Fuller Partnership “Perfect Fit” to Expand Cassidy Turley into Denver

Fuller Partnership “Perfect Fit” to Expand Cassidy Turley into Denver

Cassidy Turley’s latest expansion move did more than give the company a full-service presence in Denver. The fast-growing company, formed on March 1 with the partnership of a number of former Colliers firms and an assortment of others, found in Denver heavyweight Fuller Real Estate a “perfect fit.”

435,000-SF Blue Cross Lease to Increase Detroit’s GM Renaissance Center to 90 Percent Occupancy

435,000-SF Blue Cross Lease to Increase Detroit’s GM Renaissance Center to 90 Percent Occupancy

In Michigan, Southfield’s loss will be Detroit’s gain now that Blue Cross Blue Shield of Michigan has committed to relocating to the 5.5 million-square-foot mixed-use GM Renaissance Center.

KBS REIT II Closes on 1.3 MSF 330 N. LaSalle

KBS REIT II Closes on 1.3 MSF 330 N. LaSalle

The transaction boosts KBS-purchased commercial real estate to more than 3.5 million square feet thus far in 2010. That square footage includes properties in Dallas, St. Louis, San Diego, Portland and Herndon, Va.

TD Ameritrade Breaks Ground on 475,000-SF Office Building in Omaha

TD Ameritrade Breaks Ground on 475,000-SF Office Building in Omaha

TD Ameritrade currently leases an aggregate 125,000 square feet in three office structures at the site where the online stock trading and investment company’s new building will be erected. At completion, the corporate campus will occupy a total of 40 acres in the Old Mill area of west-central Omaha.

Healthcare Trust Secures $21.3M in Funding for Deaconess Portfolio

Healthcare Trust Secures $21.3M in Funding for Deaconess Portfolio

The Deaconess Portfolio is comprised of five medical office buildings in strategic locations on or adjacent to a hospital or clinic campus. It covers 260,500 square feet of gross leasable area and is 100 percent master-leased to Deaconess Clinic, Inc.

The 821-Room Hilton Minneapolis, Minnesota’s Largest Hotel, Trades for $155.5M

The 821-Room Hilton Minneapolis, Minnesota’s Largest Hotel, Trades for $155.5M

he closing of the sale of the Hilton Minneapolis–the largest hotel in the State of Minnesota–to Bethesda, Md.-based DiamondRock Hospitality comes four years after the joint venture partners acquired the property for what now seems like a meager $92 million.

Turner, URS Selected as Design-Build Team for Cleveland Medical Mart

Turner, URS Selected as Design-Build Team for Cleveland Medical Mart

Turner will serve as the design-build contractor on the project, while URS will handle the role of architect of record.

Astellas Breaks Ground on New 425,000 SF Headquarters

Astellas Breaks Ground on New 425,000 SF Headquarters

Japanese pharmaceutical firm Astellas US Holding, Inc. today broke ground on its new 425,000 square-foot, two-building U.S. headquarters in Glenview, Ill. The acquisition of the eight-acre former Culligan Water site was done last year, with MB Real Estate’s Corporate Services and Tenant Advisory team representing Astellas.

McCaffery Gets Approval for Chicago Lakeside Development Master Plan

McCaffery Gets Approval for Chicago Lakeside Development Master Plan

Chicago-based development and management firm McCaffery Interests said Wednesday that it has received the go-ahead from the Chicago Plan Commission for the Chicago Lakeside Development Master Plan as well as the enactment of a Planned Development Ordinance that provides the site’s Phase I with the required land use entitlements.

Grubb & Ellis Buys Parkway Medical Center

Grubb & Ellis Buys Parkway Medical Center

Grubb & Ellis Healthcare REIT II, Inc. on Wednesday announced that it has acquired Parkway Medical Center, an 88,000 square-foot, two-building medical office portfolio in the Cleveland suburb of Beachwood.

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