Archive | Midwest Real Estate News

Marcus & Millichap names senior vice president of investment in Chicago office

February 17, 2017 Marcus & Millichap has named Kyle Stengle of the firm’s Chicago Downtown office as a senior vice president of investments. Read more...

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Chicago’s KIG adds sales director

February 17, 2017 Chicago multifamily brokerage KIG recently added a new sales director and made a key promotion. Read more...

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Marcus & Millichap: Cleveland’s multifamily market poised for busy 2017

February 17, 2017 The news is simple: People want to live in downtown Cleveland and in the urban neighborhoods surrounding the city's center. And that means that demand for multifamily properties in the city remains high. Read more...

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St. Louis’ Byrne & Jones adds project manager

February 17, 2017 St. Louis-based Byrne & Jones Construction’s sports division has added Mike Czeschin as a project manager. Read more...

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HDA Architects completes HQ and beverage distribution facility in North Dakota

February 17, 2017 HDA Architects recently completed a $9.5 million corporate headquarters and beverage distribution facility for Bergseth Bros. in Fargo, North Dakota. Read more...

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Broder & Sachse Real Estate CEO to speak at Detroit Commercial Real Estate Summit

February 17, 2017 Broder & Sachse Real Estate chief executive officer Richard Broder will share his perspective on Detroit developments at the third annual Detroit Commercial Real Estate Summit, where he will serve as a panelist in a session on Detroit’s game-changing projects. Read more...

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The Lerner Company fills last vacancies in former Kmart building in Omaha

February 17, 2017 The Lerner Company has completed the re-tenanting of the vacant Kmart building at Eagle Run Shopping Center in Omaha, Nebraska. Read more...

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Avison Young: Chicago industrial market full of “renewed vigor”

February 16, 2017 Renewed vigor. Those are the words that Avision Young used to describe the Chicago industrial market at the end of the fourth quarter of 2016. And that's a description sure to please the CRE professionals who work this market. Read more...

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Capital One provides $16 million loan for Joliet skilled-nursing facility

February 16, 2017 Capital One announced has provided a $16.8 million fixed-rate, HUD 232/223(f) loan to refinance a 272-bed skilled-nursing facility in Joliet, Illinois. Senior vie president Joshua Rosen originated the transaction. Read more...

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Cushman & Wakefield to manage Deloitte office building in downtown St. Louis

February 16, 2017 An affiliate of Stanton Road Capital, LLC has selected Cushman & Wakefield to manage the Deloitte Building, an office tower at 100 South 4th St. in St. Louis. Read more...

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NAI Hiffman closes pair of office lease transactions in Northbrook

February 16, 2017 NAI Hiffman recently completed two lease transactions at Edens Corporate Center at 630 and 650 Dundee Road in Northbrook, Illinois, on behalf of the buildings' ownership. Read more...

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Bernard Financial Group closes nearly $4 million loan for industrial facilities in Tennessee

February 16, 2017 Bernard Financial Group has arranged a $3.6 million loan for two connected light-industrial facilities in Clarksville, Tennessee. The two buildings have a combined 82,000 square feet. Read more...

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Chicago’s MB Real Estate names EVP of project services division

February 16, 2017 David Graff has been promoted to executive vice president of the project services division of Chicago's MB Real Estate. Read more...

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E-commerce and the growth of regional distribution hubs

February 16, 2017 E-commerce has been one of the main drivers of industrial activity in the Chicago market in recent years. Led by several large users, the e-commerce industry has been responsible for absorbing large quantities of space, driving rental rates and spurring significant levels of new construction. Read more...

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Kansas’ ElevateEdgerton hires new president

February 16, 2017 ElevateEdgerton! -- a public-private economic development partnership that promotes the city of Edgerton, Kansas -- has named Steve Hale as president, a position he will officially take on March 1. Read more...

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Marcus & Millichap names senior managing director in Chicago office

February 16, 2017 Marcus & Millichap has named Joshua Jandris of the firm’s Chicago O’Hare office as a senior managing director of investments. Read more...

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Meridian Design Build wraps construction on 67,000-square-foot industrial facility in Bartlett

February 16, 2017 Meridian Design Build recently completed a 67,080-square-foot build-to-suit industrial facility for Traffic Control & Protection in Bartlett, Illinois. Read more...

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Marcus & Millichap negotiates sale of 97,000-square-foot shopping center in Indiana

February 15, 2017 The Patton|Wiles|Fuller Group of Marcus & Millichap closed the sale of Sagamore at 26 Shopping Center, a 97,904-square-foot community shopping center in Lafayette, Indiana. The center sold for $6.6 million. Read more...

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CBRE names new VP in Cincinnati office

February 15, 2017 Kevin Torch has been promoted to first vice president with the Cincinnati office of CBRE. Read more...

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Newmark Grubb Knight Frank closes 154,000-square-foot industrial lease in Detroit market

February 15, 2017 Newmark Grubb Knight Frank senior managing directors Mike Davidson, Chris Dowell and Dan Labes have completed a 154,377-square-foot lease to Anji Logistics USA, Inc. at 13301 Stephens Road in Warren, Michigan, on behalf of the owner, Schostak Brothers & Company, Inc. Read more...

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