Retail - Midwest

  • Apple Opens New Flagship Store in Chicago

    The strategic riverfront location will help connect the shop with the Chicago River and North Michigan Avenue’s Magnificent Mile. The main idea of the design was to minimize the boundary between the city and the river.

    24 October 2017 09:42
  • Transwestern Reps Seller of 277 KSF IN Retail Center

    Berengaria Development has acquired the 277,059-square-foot shopping center with 96 percent occupancy rate. Tenants include Dick’s Sporting Goods, Five Below and Home Goods.

    23 October 2017 15:15
  • Lincoln Park Plaza Finds New Owner

    The shopping center is mostly vacant, but the new owner plans to reposition the 176,000-square-foot property. Friedman Integrated's Rich Deptula represented both the seller and the buyer in this transaction.

    02 October 2017 21:20
  • Boulder Group Completes IL Retail Deal

    The buyer, an East Coast-based private investment group, paid $7.2 million for the net-leased Walgreens property. The transaction was a 1031 exchange.

    18 September 2017 15:31
  • River North Gym Opens New Chicago Location

    Savills Studley worked on behalf of the tenant in the lease of the 26,502-square-foot space on Goose Island. The new place will complement the company’s main club located within Merchandise Mart.

    15 September 2017 14:52
  • Phillips Edison Expands Holdings With Illinois Retail Buy

    The REIT is on a mission to enlarge its grocery-anchored shopping center business, this time with the purchase of a Chicago suburb property anchored by local chain Mariano’s.

    15 September 2017 13:09
  • Mid-America Real Estate Brokers KS Shopping Center Deal

    The buyer of the 100,000-square-feet property located in Derby, Kan., was Cole Credit Property Trust V Inc. The tenants are Hobby Lobby, Ross Dress for Less and TJ Maxx.

    01 September 2017 19:28
  • On the Market: 5 Interesting Listings for August

    This month's listings include a Texas retail property built in 1900 and completely renovated in 2015 and a mixed-use multifamily and retail asset in Brooklyn's Williamsburg neighborhood.

    30 August 2017 18:14
  • PGIM Secures $33 Million Loan for Columbus Retail Center

    The financing will support capital improvements to Graceland Retail Center, a 456,021-square-foot property located nine miles from Columbus’ central business district.

    23 August 2017 14:40
  • Historic Detroit Restaurant Goes Energy Efficient With C-PACE

    Austin-based Petros PACE Finance facilitated nearly $1 million in C-PACE financing, which will allow the owner to install energy-saving components that are projected to save $2 million during the next 20 years.

    22 August 2017 15:50
  • Joe & The Juice Coming to Chicago

    A team of brokers from CBRE represented the Danish company in closing on three lease agreements in three neighborhoods in Chicago. These locations will be the first ones the beverage provider will open in the Midwest.

    21 August 2017 18:15
  • GBT Delivers Three Midwest Shopping Malls

    The shopping centers are located near St. Louis, Little Rock, Ark., and Oklahoma City, and total more than 500,000 square feet of retail space.

    21 August 2017 16:29
  • Novak Construction Delivers New Portillo’s Restaurant

    The 9,000-square-foot property was built on the former site of Motel 6 in Normal, Ill., and marks Novak’s sixth development for the retailer.

    18 August 2017 14:19
  • Marcus & Millichap Division Sells 182 KSF Retail Center

    Institutional Property Advisors brokered the sale of North Heights Plaza, a shopping center in Huber Heights, Ohio. The asset is anchored by Dick’s Sporting Goods and Big Lots.

    17 August 2017 13:52
  • Bloomfield Capital Funds Retail Loan

    A Nashville, Tenn., real estate development firm sponsored a $3.2 million senior bridge loan for the refinance and renovation of a 30,000-square-foot retail center in greater Nashville.

    01 August 2017 19:59