Archive | October, 2011

Wisconsin’s Miron Construction earns environmental honor

October 20, 2011 Neenah, Wis.-based Miron Construction Co., Inc. was recently honored with a 2011 Corporate Citizenship Award from Corporate Report Wisconsin magazine and Edgewood College. Read more...

Midwest Real Estate News, News Comments (0)

KTR Capital affiliate purchases key industrial facility in Louisville

October 19, 2011 An affiliate with KTR Capital Partners recently closed the acquisition of 3212 East Blue Lick Road in Shepherdsville, Ken., a 300,840-square-foot cross-dock facility. Read more...

Midwest Real Estate News, News Comments (0)

Debra Cafaro leads Ventas through a decade of success

October 19, 2011 Debra Cafaro, chairman & CEO of Ventas, Inc., may be standing on top of the REIT world right now, but the climb was a long, difficult, and circuitous path, she told a crowd at a ULI forum. Read more...

Illinois Real Estate Journal Comments (1)

Hope on the horizon for Cincinnati retailers: Marcus & Millichap

October 19, 2011 The strength of suburban retail markets has given Cincinnati-area building owners a bit more pricing power lately. And that's just part of the good news coming from Marcus & Millichap's Third Quarter Retail Research Market Update. Read more...

Midwest Real Estate News, News Comments (1)

Ryan Cos. announces plans for $22M affordable senior apartment community

October 18, 2011 Ryan Companies US, Inc. has announced plans to develop and construct Thomas Place Orland Park, an 80-unit, affordable senior apartment community. The facility, a $22-million development, is the fourth project in suburban Chicago Ryan has created under the Thomas Place brand with its joint venture development partner, Jim Bergman. The development team for Thomas Place Orland Park also will include Providence Life Services. Read more...

Illinois Real Estate Journal Comments (0)

Plan B Solutions acquires Rockwell Group Property Management

October 18, 2011 Plan B Solutions, LLC, a Chicago-area real estate advisory firm, has acquired property management firm Rockwell Group Property Management. The newly combined company will be known as Rockwell Partners. Read more...

Illinois Real Estate Journal Comments (1)

Chicago School of Real Estate and Marshall Bennett Institute mark 10 years

October 18, 2011 Launched in 2002 with an inaugural class of 25, Roosevelt University’s Chicago School of Real Estate has experienced consistent growth for the past decade and now boasts an enrollment of 70, two graduate degree programs, a graduation rate of 95 percent, and a growing alumni base that numbers 230. Read more...

Illinois Real Estate Journal Comments (2)

Marcus & Millichap sells $52 million seniors housing portfolio in Indiana

October 18, 2011 Marcus & Millichap Real Estate Investment Services recently closed the sale of a three-property seniors housing portfolio in Indiana. The properties were sold $52 million. Read more...

Midwest Real Estate News, News Comments (1)

Priceline to undertake major expansion in Western Michigan; move to bring more than 500 new jobs

October 18, 2011 The Right Place, a non-profit economic development organization serving Western Michigan, recently joined forces with The Michigan Economic Development Corporation (MEDC) and the city of Wyoming, Mich., to facilitate an expansion of The Priceline Group’s operations in Wyoming. The expansion will add 562 local jobs to the Western Michigan market. Read more...

Midwest Real Estate News, News Comments (0)

Goodman brings Bob Evans restaurant to Ohio city

October 18, 2011 Cleveland's Goodman Real Estate Services Group recently completed a deal to bring a new Bob Evans restaurant to Cedar Road in South Euclid, Ohio. Read more...

Midwest Real Estate News, News Comments (0)

Kansas City company buys Minneapolis Grand Apartments

October 18, 2011 The Minneapolis Grand Apartments has quite a convoluted history. But last month, the building, which includes 81 apartment units in Minneapolis, might have finally achieved some much-needed stability. Read more...

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

Paine/Wetzel completes land lease in Joliet

October 18, 2011 Paine/Wetzel • ONCOR International has announced that Jerry Sullivan, principal and Brandon Wright, associate of the firm have completed the lease of 10 acres of land located at 2302 Channahon Road in Joliet, Ill. to Maritime Delivery Services, Inc. Read more...

Chicago Industrial Properties Comments (0)

Philips Electronics Renews Lease in Duke Realty’s O’Hare International Center I

October 18, 2011 Philips Electronics has signed a long-term lease renewal for 73,753 square feet in Duke Realty’s O’Hare International Center I, where it has been a tenant since 1987 Read more...

Illinois Real Estate Journal Comments (2)

Industrial market vacancy declines for fifth consecutive quarter

October 17, 2011 The industrial vacancy rate declined for the fifth consecutive quarter as the Chicago market recorded 2.2 million square feet of positive absorption in the third quarter, according to research from NAI Hiffman. Read more...

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

Marcus & Millichap lists $30 million apartment portfolio in Cleveland area

October 17, 2011 Marcus & Millichap Real Estate Investment Services recently retained the exclusive listings for four multi-family properties in Ohio. Read more...

Midwest Real Estate News, News Comments (0)

Massive redevelopment coming near Ohio’s University of Akron

October 17, 2011 University Park Alliance on Oct. 17 announced the signing of a master services agreement with real estate developer KUD International LLC. to tackle the redevelopment of a good chunk of Akron, Ohio. Read more...

Midwest Real Estate News, News Comments (1)

Signature Associates sells tech building in Michigan

October 17, 2011 Southfield, Mich.-based Signature Associates recently negotiated the sale of 24,027 square feet of hi-tech space located at 1700 Harmon Road in Auburn Hills, Mich. Read more...

Midwest Real Estate News, News Comments (0)

Majestic Pointe plan, marketed by NAI NP Dodge, to bring development to key slice of Omaha

October 14, 2011 One of Omaha's key governmental bodies has approved the Majestic Pointe development plan for the southwest corner of 168th and State streets in Omaha. This 160-acre site has preliminary zoning for mixed-use, multi-family and single-family lots. It remains one of the last key parcels available for development in this section of the city. Read more...

Midwest Real Estate News, News Comments (1)

Cassidy Turley promotes Schenk to marketing manager for Cincinnati and Dayton offices

October 14, 2011 Cassidy Turley recently promoted Amy Schenk to marketing manager of the Cincinnati and Dayton, Ohio, offices of the company. Read more...

Midwest Real Estate News, News Comments (1)

IDI leases 670,666 SF along I-88 Corridor

October 14, 2011 IDI has announced a string of recent leases in the I-88 corridor with firms such as JBS Logistics and hhgregg that totals more than 670,000 square feet. Read more...

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

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