Archive | May, 2010

Bernard Financial arranges big loan for Michigan office center

May 18, 2010 Southfield, Mich.-based Bernard Financial Group recently arranged a $42 million loan for Columbia Office Center I & II. in Troy, Mich. These two 14-story buildings consist of a combined total of 506,000 square feet, and are located in the premiere office location in Troy. Read more...

Midwest Real Estate News, News Comments (0)

Zimmer helps roofing company expand in Kansas City

May 18, 2010 Christian Brothers Roofing, LLC has expanded its operations in the Kansas City region, leasing 1,596 square feet of industrial space in Parkville, Mo. Read more...

Midwest Real Estate News, News Comments (0)

Cash is still king

May 18, 2010 The availability of capital for the acquisition of industrial facilities remains, at best, scarce. Any party looking to acquire a vacant industrial facility without a tenant or pre-negotiated lease will have an extremely difficult time finding financing for their project. Read more...

CIP Column, Home Column, IREJ Column Comments (1)

Restraint and Discipline Bright Spots in Industrial Market Weakness

May 18, 2010 Jim McShane knows a thing or two about real estate and recessions. This latest recession is the sixth the president of The McShane Companies has seen in his career. Yet according to McShane, this recession isn’t like any other. Read more...

Chicago Industrial Properties, Illinois Real Estate Journal, News Comments (0)

Paine/Wetzel completes two sales transactions

May 18, 2010 Paine/Wetzel · ONCOR International has completed two sales transactions in Chicago totaling 28,354 square feet. Read more...

Chicago Industrial Properties, News Comments (0)

Champion Realty Advisors completes lease in Bridgeview

May 18, 2010 Champion Realty Advisors, LLC has completed an industrial lease for TGI Systems Corporation for 20,100 square feet at Moore Industrial Park in Bridgeview, Ill. Read more...

Chicago Industrial Properties, Illinois Real Estate Journal, News, Uncategorized Comments (1)

JLL completes industrial lease in Des Plaines

May 18, 2010 Jones Lang LaSalle has completed a lease for 80,730 square feet of industrial space for Midland Paper Company at 363 N. Third Avenue in suburban Des Plaines. Read more...

Chicago Industrial Properties, Illinois Real Estate Journal Comments (0)

Aries Capital arranges $15.5M loan for single-tenant retail portfolio

May 17, 2010 Aries Capital has arranged a $15.5 million non-recourse loan to finance the acquisition of a real estate portfolio of twenty-one KFC/Taco Bell stores located in the Southeast region of the United States. Read more...

Illinois Real Estate Journal Comments (0)

ARCO/Murray completes work at Cardinal Health

May 17, 2010 ARCO/Murray National Construction Company, Inc. has completed renovations to three buildings for Cardinal Health, Inc. at its McGaw Park business campus in Waukegan, Ill. Read more...

Illinois Real Estate Journal, News Comments (0)

Cassidy Turley notches major industrial deal in Minnesota

May 17, 2010 Cassidy Turley brokers Mark Sims Timothy Olsen have been awarded the marketing assignment for ASB Capital’s 356,000-square-foot three-building industrial portfolio and an 8.4-acre site that will accommodate a 67,000-square-foot multi-tenant building or build-to-suit facility in Northland Park in Minneapolis. Read more...

Midwest Real Estate News, Minnesota Real Estate Journal, News Comments (0)