Archive | December, 2011

Cincinnati’s NAI Bergman adds to sales staff

December 21, 2011 Tom Michel recently joined the sales force at Cincinnati's NAI Bergman. Read more...

Midwest Real Estate News, News Comments (1)

Cassidy Turley vice president named president of Indiana/Kentucky chapter of SIOR

December 21, 2011 Bryan Poynter, vice president of Cassidy Turley, has been elected president of the Indiana/Kentucky chapter of the Society of Industrial Office Realtors. His term will run through September of 2013. Read more...

Midwest Real Estate News, News Comments (0)

Mid-America completes ground lease sale for new Aldi in Chicago

December 20, 2011 Mid-America Real Estate Corporation’s Net Lease Investment Group recently announced the $1.8 million sale of a triple net ground lease for a new 16,750 square-foot freestanding Aldi building in Chicago’s south side Chatham community. The buyer is a private California investor. Read more...

Illinois Real Estate Journal Comments (1)

Northwestern College Leases Space at Rosemont Corporate Center

December 20, 2011 Northwestern College, formerly known as Northwestern Business College, has completed a lease for 10,494 square feet of space at the Rosemont Corporate Center in Rosemont, Ill. Tim Hennelly, president, Great Lakes region of RyanCompanies US, Inc., the building's owner, announced the transaction. Read more...

Illinois Real Estate Journal Comments (0)

PCCP, LLC Provides $38.72M to Recapitalize Burr Ridge Village Center in Illinois

December 20, 2011 PCCP, LLC has provided a $38.72 million senior loan to finance the note purchase and provide funds for completion and leasing costs for Burr Ridge Village Center, a mixed-used property located at 1000 Village Center Drive in Burr Ridge Ill, a southwestern Chicago suburb. The owner of the property is an entity managed by Founders Properties. Read more...

Illinois Real Estate Journal Comments (0)

Is the O’Hare Market Ready for Take-off?

December 20, 2011 Air cargo volume and the Midwest Manufacturing Index can be a useful tool in predicting future trends in Chicago's O'Hare industrial market. Read more...

CIP Column, Home Column Comments (1)

Summit Design + Build completes renovations for Precision Plating

December 20, 2011 Summit Design + Build, LLC has completed of renovations to Precision Plating Company’s existing 65,000-square-foot barrel, rack and continuous metal finishing facility located at 4123 W. Peterson Avenue in Chicago. Read more...

Chicago Industrial Properties Comments (0)

HSA Commercial purchases Opus Group-built building in Iowa

December 20, 2011 Chicago's HSA Commercial Inc. recently purchased a 300,000-square-foot warehouse facility in the Airport Business Park of Des Moines International Airport in Iowa. The building, which was developed as a build-to-suit by The Opus Group in Minneapolis, is fully-leased to a Fortune 10 company and connects via a climate-controlled enclosure to an existing 410,000-square-foot distribution facility. Read more...

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

Milwaukee’s Inland closes pair of lease transactions in Wisconsin

December 20, 2011 Milwaukee's Inland Companies recently closed a pair of commercial lease transactions in Wisconsin. Read more...

Midwest Real Estate News, News Comments (1)

Tikijian Associates sells 378-unit apartment community in Indianapolis

December 20, 2011 Tikijian Associates recently arranged the sale of Orchards Apartments, a 378-unit apartment community located in Indianapolis. Read more...

Midwest Real Estate News, News Comments (0)