Archive | August, 2010

Goodman brings sandwich shop to new location in Cleveland

August 23, 2010 Goodman Real Estate Services Group LLC of Lyndhurst , Ohio , recently completed a lease to Mr. Hero at the Buckeye Plaza retail center in Cleveland. Read more...

Midwest Real Estate News, News Comments (0)

Minnesota commercial vets: Waiting for better times

August 22, 2010 Mark Kolsrud, senior vice president and principal with the Minneapolis office of Cassidy Turley, and Howard Paster, president of St. Paul-based shopping center development and management firm Paster Enterprises, aren’t naïve. They know that the commercial real estate industry in the Twin Cities and entire state of Minnesota has seen better times. But both commercial industry veterans say that the worst of the real estate slump has already hit Minneapolis. It is time now, they say, to look toward the future. Read more...

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Marcus & Millichap handles sale of former steakhouse in Minnesota

August 20, 2010 Marcus & Millichap Real Estate Investment Services recently facilitated the sale of the former Timberlodge Steakhouse in Maple Grove, Minn. The 8,686-square-foot asset commanded a sales price of $2.8 million, corresponding to more than $328 a square foot. Read more...

Midwest Real Estate News, Minnesota Real Estate Journal, News Comments (2)

Q&A with Glenn Rufrano, CEO of Cushman & Wakefield

August 20, 2010 Glen Rufrano…"Banks aren’t kicking the can. It’s smart and they understand their business." Read more...

Illinois Real Estate Journal, Midwest Real Estate News, News Comments (4)

A good sign? Apartment vacancy rates starting to fall

August 20, 2010 A new survey by Rent.com shows that 42 percent of multi-family property owners are reporting lower vacancy rates this year than they did last. Read more...

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NAI DESCO facilitates 77,000-square-foot industrial sale in St. Louis area

August 20, 2010 David Gannon of St. Louis-based NAI DESCO recently represented the seller, LK Drive, LLC, in the sale of a 77,000-square-foot industrial building in O’Fallon, Mo. Read more...

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Block & Company-built pad building reaches full occupancy in Missouri

August 20, 2010 A newly built retail pad building in the Summit Fair Shopping Center in Lee's Summit, Mo., has reached 100-percent occupancy, according to Kansas City-based Block & Company, Inc., Realtors. Read more...

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NAI Isaac, USI Real Estate team up to broker sale/lease-back of Kentucky industrial facility

August 20, 2010 Lexington, Ky.-based NAI Isaac and USI Real Estate brokered the sale-lease back of 401 Enterprise Drive in Nicholasville, Ky. Read more...

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Minneapolis’ Kraus-Anderson helps rebuild Minnesota school devastated by tornado

August 20, 2010 Minneapolis-based Kraus-Anderson Construction Company has been selected by the Wadena-Deer Creek School District in Wadena, Minn., to rebuild the high school that was destroyed by a tornado on June 17, 2010. Funding for the reconstruction will be approximately $30 million. Read more...

Midwest Real Estate News, Minnesota Real Estate Journal, News Comments (1)

Summit Realty helps bring 72-acre health and wellness development to Indianapolis suburb

August 20, 2010 Residents in the Indianapolis area soon will have a single destination for health care and wellness services: Satori Pointe, a commercial development taking shape in Avon, Ind., a growing western suburb of Indianapolis. Read more...

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