Archive | October, 2011

Fifield Companies and Wood Partners Break Ground on K2, Fifth and Final Luxury Apartment Tower at K Station in Chicago

October 24, 2011 Seven years after ground was broken on the first apartment tower at the K Station master-planned community, Chicago-based Fifield Companies and national developer Wood Partners announce they will start construction this month on the development’s fifth and final apartment building, K2. Read more...

Illinois Real Estate Journal Comments (0)

Mixed message for Cleveland retail: Vacancies down, but rents fall, too

October 24, 2011 The news for the Cleveland retail market was decidedly mixed in the latest retail research report from Marcus & Millichap. Read more...

Midwest Real Estate News, News Comments (0)

CBRE signs exlusive listing agreement to sell Indiana industrial facility

October 24, 2011 Mack Packaging of Chicago recently signed an exclusive listing agreement with CBRE | Bradley to sell or lease the property the company owns at 55740 Currant Road in Mishawaka, Ind. Read more...

Chicago Industrial Properties, Midwest Real Estate News, News Comments (2)

Josh Caruana: Expect better things for Indianapolis in 2012

October 22, 2011 Josh Caruana, regional manager with the Indianapolis office of Marcus & Millichap Real Estate Investment Services, points to pent-up demand as part of the reason why commercial real estate activity has picked up somewhat in Indianapolis this year. Read more...

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Sansone Group helps bring healthcare receivables management company to Missouri office park

October 21, 2011 The Outsource Group recently signed a 10-year lease for 40,000 square feet, the full second floor, in the Corporate Woods II building at 111 Corporate Office Drive in Earth City, Mo. Read more...

Midwest Real Estate News, News Comments (0)

Marcus & Millichap sells 229-unit apartment building in Ohio

October 21, 2011 Marcus & Millichap Real Estate Investment Services recently sold the Daytona Village Apartments, a 229-unit apartment property located in Dayton, Ohio. Read more...

Midwest Real Estate News, News Comments (2)

NAI Isaac brings T.J. Maxx to retail center in Kentucky

October 21, 2011 T.J. Maxx will open a location in the Somerset, Ken.-based Grand Central Place shopping center thanks in part to the efforts of Lexington, Ken.-based NAI Isaac. Read more...

Midwest Real Estate News, News Comments (1)

Grubb & Ellis gets aggressive in seeking buyer; enters negotiations with C-III Capital Partners, Colony Capital

October 20, 2011 No one's saying anything outside of official statements, but it appears that Grubb & Ellis is becoming more aggressive in its efforts to find a buyer or merger candidate for its financially troubled commercial brokerage. Read more...

Chicago Industrial Properties, Illinois Real Estate Journal, Midwest Real Estate News, Minnesota Real Estate Journal, News Comments (7)

Home sales rise in Chicago as prices fall

October 20, 2011 Home sales in the seven-county metropolitan Chicago real estate market continued their third-quarter surge in September. RE/MAX reports that home sales for the month were 12.6 percent higher than in the same period of 2010, while sales for the full third quarter of 2011 were up 19.3 percent from the same period last year, based on an analysis of sales reported by Midwest Real Estate Data, LLC Read more...

Illinois Real Estate Journal Comments (0)

Chicago’s Brennan Investment Group acquires industrial facility in Cincinnati

October 20, 2011 Chicago's Brennan Investment Group, LLC, a private real estate investment firm that acquires and operates industrial properties on a national basis, recently acquired 1680 Carillon Boulevard in Forest Park, Ohio, a suburb of Cincinnati. Read more...

Midwest Real Estate News, News Comments (0)