April 29, 2010 Stan Johnson Company has completed the sale of a 20 property retail portfolio, 100 percent occupied by CVS/pharmacies, to a Texas-based private investor for $62.7 million. Read more...
April 29, 2010 Read more...
April 28, 2010 Earlier this year, Forbes Magazine named Cleveland as the most depressed city in the United States. When I wrote a cover story on the city in the April/May edition of Midwest Real Estate News, the brokers I interviewed weren't pleased. They said that the Forbes list was unfair, and that it painted an inaccurate portrait of their city. Read more...
April 28, 2010 Adam Connor and Brian Vanevenhoven of Milwaukee's NAI MLG Commercial recently brokered multiple leases in the Hales Corners Plaza strip center in Hales Corners, Wis. Read more...
April 28, 2010 The Indianapolis office of HFF (Holliday Fenoglio Fowler, L.P.) announced in April that it had secured a $2.1 million refinancing for Crosspoint Corner V & VI, adjacent suburban office properties totaling 27,965 square feet. The properties are both 100-percent occupied and located in Fishers, Ind., a suburb of Indianapolis. Read more...
April 28, 2010 Tom Failla, senior vice president of Omaha-based NAI NP Dodge, recently completed a 1,500-square-foot lease for the Shoppes of Tregaron, a strip center in Omaha. The center is now 100-percent occupied. Read more...
April 28, 2010 As chief executive officer of Grandbridge Real Estate Capital – a commercial multi-family and banking firm that boasts nine Midwest locations -- Thomas Dennard has seen plenty of bad markets. But none, he said, compare to this one. Read more...
April 27, 2010 The 701 Building in Minneapolis, represented by Erin Fitzgerald Wendorf of CB Richard Ellis, has reduced its asking rents for new tenants. The office building is now offering first-year net rents at $5 a square foot. Read more...
April 27, 2010 Cassidy Turley in April announced that Louisville's Harry K. Moore, a real estate brokerage formerly affiliated with Colliers International, will officially join the newly integrated company on May 13. Harry K. Moore will operate as Cassidy Turley Harry K. Moore while transitioning to Cassidy Turley. Read more...
April 27, 2010 Fort Wayne, Ind.-based The Zacher Company recently completed a pair of office leases in the Indiana city. Read more...
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