News - Midwest
Cities
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Opus Welcomes First Tenants to KS Industrial Facility
Gateway Classic Cars and Lanter Delivery Systems Inc. leased a total of 85,000 square feet at the recently completed 56 Commerce Center.
15 March 2019 16:04 -
RPT Realty Sells 2 WI Shopping Centers for $69M
The firm sold The Shoppes at Fox River in Waukesha and East Town Plaza in Madison. Proceeds will go towards funding the firm's value creation initiatives and reducing leverage.
15 March 2019 13:19 -
Marcus & Millichap Brokers $9.1M Sale of Chicago Retail Asset
The 27,780-square-foot property, which is located in one of the highest barriers to entry submarkets in the city, underwent complete renovation in 2007.
14 March 2019 18:11 -
California-Based LSTC Expands MI Office Portfolio
The company acquired the second building that makes up Butterfield Park Place from Wilson Real Estate, closing its eleventh acquisition in the state.
14 March 2019 17:22 -
Home2 Suites by Hilton Opens in MN
Part of a $28 million development, the 107-key project is the second new hotel to come online in Brooklyn Park since 1998.
14 March 2019 13:49 -
DRA Advisors Buys Minneapolis Office Portfolio
The nearly $74 million deal includes two high-rises totaling more than 620,000 square feet of Class A space in the city’s central business district.
13 March 2019 16:30 -
United Airlines Renews Lease at Chicago’s Willis Tower
The new agreement extends the carrier’s existing lease until 2033. United will invest millions to upgrade its 850,000-square-foot headquarters at the famed property.
13 March 2019 15:33 -
Schostak Brothers Buys MI Distribution Center
Colliers represented the company in the acquisition of a 950,000-square-foot facility in Grand Rapids, as well as the property’s seller, Minnetrista Investments LLC.
13 March 2019 11:26 -
Nashville Office High-Rise Commands $105M
The 26-story Class A tower last changed hands in November 2013, when Shidler Group shelled out $103 million for the Union Street asset.
12 March 2019 16:57 -
EDPR, Microsoft Sign Ohio Wind PPAs
The agreements bring Microsoft’s directly acquired renewable energy portfolio to nearly 1.4 gigawatts. Timber Road IV Wind Farm is the company’s fifth project in the larger PJM region.
12 March 2019 08:12 -
Tennant Co. Acquires MN Office Campus
The industrial cleaning equipment manufacturer has purchased the property in Eden Prairie, where it plans to relocate its headquarters in 2020.
11 March 2019 15:23 -
Coyote Logistics to Anchor Detroit Mixed-Use Development
The logistics company is establishing a tech hub on two floors of The Assembly, Bedrock’s redevelopment of a historic warehouse in the city’s Corktown neighborhood.
11 March 2019 13:09 -
Fitch Group and 4 Others Coming to Chicago Trophy Tower
Irvine Co. closed five leases totaling 104,000 square feet at One North Wacker in The Loop and is getting ready to welcome Fitch Group, Wipfli, The Jordan Co., May River Capital and Heard Capital.
08 March 2019 21:19 -
Shorenstein Properties Pays $135M for Nashville High-Rise
Wells Fargo Bank provided the buyer of the 600,000-square-foot Class A office tower with more than $100 million in acquisition financing.
08 March 2019 10:05 -
SRS Expands New Detroit Office Team
First Vice Presidents Michael Carter and Frank Rogers and Associate Joseph Simon will be part of the company’s National Net Lease Group.
08 March 2019 06:22