Archive | Midwest Real Estate News

Bernard Financial Group closes $29 million loan for Michigan office building

October 22, 2014 Bernard Financial Group has closed a $29 million loan for American Center, a 508,680-square-foot office property in Southfield, Mich. Read more...

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St. Louis’ McCarthy Building Companies wins top tech award

October 22, 2014 St. Louis-based McCarthy Building Companies, Inc. was recently named a 2014 Vision Award winner by Constructech magazine. This year’s recognition marks the eighth time McCarthy has been honored by the construction technology publication in the last 14 years. Read more...

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Marcus & Millichap hires retail veteran for Indianapolis office

October 22, 2014 Eric Hillenbrand has joined the Indianapolis office of Marcus & Millichap as an associate with the company's National Retail Group. Read more...

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NAI Ruhl announces third-quarter award winners

October 22, 2014 NAI Ruhl Commercial Companies, based in the Quad Cities area of Iowa and Illinois, recently announced its third quarter company award winners. Read more...

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Quantum Real Estate Advisors sells 17,000-square-foot retail property in Indiana

October 22, 2014 Quantum Real Estate Advisors has brokered the sale of the 17,790-square-foot University Square, a retail center at 115 South Highway 46 Bypass in Bloomington, Ind. Read more...

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DTZ Research: Gap between warehouse salaries in United States, Asia continues to narrow

October 22, 2014 Warehouse workers earn the smallest salaries in China and India. In the United states? The salary of the average warehouse worker here is nearly five times higher than what the average warehouse worker brings home in China. Read more...

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First four restaurants sign leases at Cincinnati’s new Liberty Center mixed-use development

October 21, 2014 The first four restaurant tenants have signed agreements to open new locations at Cincinnati's Liberty Center, a mixed-use development developed by Steiner + Associates and scheduled to open in the fall of 2015. Read more...

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Marcus & Millichap sells 54-unit apartment complex in Minnesota

October 21, 2014 Marcus & Millichap has closed the sale of Oak Crest Apartments, a 54-unit apartment property located in Elk River, Minn. The property sold for $3.405 million. Read more...

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Thrivent Financial hires Cushman & Wakefield|NorthMarq to advise it on future use of Minneapolis parking lots

October 21, 2014 Thrivent Financial has hired Cushman & Wakefield|NorthMarq to provide the company with advice on the future use of the full-block surface parking lot it controls just east of its corporate headquarters in Minneapolis. The lot is located across 5th Avenue South and bordered by South 6th Street and South 7th Street. Read more...

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McCarthy to handle preconstruction, construction work on major Saint Louis University expansion project

October 21, 2014 Saint Louis University is moving forward with a campus housing master plan that calls for new residences and extensive renovations to facilities at the university's St. Louis campus. Read more...

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