News - Midwest

  • NAI Hiffman Negotiates New Leases at IL Office Building

    Once the new tenants move into their new offices, the 271,000-square-foot Butterfield Center in Lombard will be approximately 99 percent occupied.

    23 November 2017 10:48
  • Steel Manufacturer to Invest $250M in MO Mill

    Nucor Corp. intends to build a rebar micro mill in Sedalia, Mo. The investment is expected to generate 255 jobs once the facility is operational.

    22 November 2017 18:00
  • Tyson Foods to Invest $300M in 5th TN Plant

    The chicken production facility will be built in Humboldt. Roughly 1,500 new jobs are expected to be created once the project becomes operational in late 2019.

    21 November 2017 23:27
  • Columbus-Area MOB Changes Hands

    David Hartsook, John Hall and Kevin Connor of CBRE’s Columbus office represented the seller, Bradenton Pediatric Building Co.

    21 November 2017 23:21
  • Caesars to Buy Indiana Gaming Operator for $1.7B

    The company, in bankruptcy not long ago, seems to see the purchase of Centaur Holdings as a safe bet. Subject to regulatory approvals and other closing conditions, the transaction is expected to close in the first half of 2018.

    21 November 2017 12:28
  • Meritex to Develop Minneapolis Industrial Project

    Meritex will demolish a 360,000-square-foot industrial property and plans to deliver two state-of-the-art distribution buildings next to its Highcrest Distribution Center.

    21 November 2017 10:46
  • JPMorgan Chase Commits $900K to Help Detroit Go Green

    The money will target infrastructure projects, in addition to Chase branch updates for better energy efficiency. The Nature Conservancy, Eastside Community Network and Jefferson East community are some of the groups accessing the funds.

    20 November 2017 13:42
  • KY MOB Changes Hands

    A subsidiary of Everest Healthcare Properties recently purchased a 60,000-square-foot medical office building in Louisville, Ky. The property was 95 percent occupied at the time of the sale.

    17 November 2017 21:11
  • CBRE Arranges IL Country Inn Hotel Deal

    The asset is located along Interstate 88 in Naperville, Ill., and offers convenient access to one of the largest office concentrations outside Chicago.

    16 November 2017 20:50
  • KAI Design & Build Adds New Chief Integration Officer

    Michael Hein has joined KAI Design & Build's St. Louis office. In his new position, he will be responsible for driving the firm’s strategic initiatives.

    15 November 2017 15:01
  • Mixed-Use Center Sells for $13M in Chicago Suburbs

    Marcus & Millichap brokered the sale of Metropolitan Square, a grocery-anchored lifestyle center, in Des Plaines, Ill. The firm represented the seller and procured the buyer.

    14 November 2017 16:18
  • Hines JV Plans 270 KSF Timber Office Project in Chicago

    The company has teamed up with Diversified Real Estate Capital and Big Bay Realty to build T3 Goose Island, the city’s first wood-structured office development since the 1800s.

    14 November 2017 13:14
  • Ohio Educational Facility Awarded by EPA

    A year ago, Springfield High School & Junior High scored only 69 on the EPA’s scale of 1-100, disqualifying it from receiving an Energy Star Building Label. Since then, energy efficiency initiatives were implemented that increased the school's score to 86, making it the only K-12 educational facility in the county to tout the distinction.

    13 November 2017 17:36
  • CBRE Brokers Sale of Nashville Suburb Landmark

    The 28,357-square-foot historic bowling building in Madison, Tenn., traded for $2 million. CBC Ltd. sold the property to Frank May, a buyer represented by Benchmark Realty.

    10 November 2017 14:31
  • TN Plastic Manufacturer Plans $42M Expansion

    M&M Industries intends to expand its current Chattanooga plant and also acquire a new industrial building in the county. The investment is expected to create 110 new jobs.

    09 November 2017 15:47