Archive | Midwest Real Estate News

For retail success today? Smaller is better

May 27, 2016 Midwest Real Estate News recently spoke with Jeff Berta, senior director of real estate development with Chicago’s Structured Development, about the state of the retail sector. Berta said that the retail segment is on the rise, with smaller retailers especially doing well today. Read more...

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RealtyTrac study: A gender gap exists when it comes to home values

May 26, 2016 Is owning a home more valuable depending on your gender? According to a new report from RealtyTrac, it might be. Read more...

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Advance Counseling Services leases 8,182 square feet of office space in Taylor, Michigan

May 25, 2016 The landlord, 20500 Professional Properties, LLC, leased the space to Advance Counseling Services, Inc., which offers comprehensive, cost-effective outpatient mental health and chemical dependency treatment. Read more...

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Seniors housing is booming, and showing no signs of a slowdown

May 25, 2016 The seniors housing industry has never been stronger, at least according to a new survey that reports a record number of transactions and nearly $20 billion in institutional sales in this commercial real estate segment. Read more...

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Kraus-Anderson’s commitment to safety earns the firm Governor’s Safety Award

May 24, 2016 Kraus-Anderson has one of the best safety records in the construction industry, the firm said--a performance that for 25 consecutive years has earned the company the Governor’s Safety Award. Read more...

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Milwaukee office of CBRE hires retail specialist

May 24, 2016 Devin Tessmer has joined the Milwaukee office of CBRE as an associate in the company's retail group. Read more...

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Tom Silnes joins Busey Bank’s Indianapolis office as commercial real estate lender

May 24, 2016 Prior to serving as a relationship manager, Silnes was a technical review manager for PNC’s Real Estate Valuation Services group—managing a nationwide team of commercial review appraisers. Read more...

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Original Pancake House opening restaurant at former Hurricane Grill & Wings space inside Minneapolis plaza

May 23, 2016 The Original Pancake House will be opening a new 36,218-square-foot restaurant in Minnetonka, Minnesota at the 7-Hi Shopping Center. Read more...

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Wisconsin Healthcare Engineering Association elects Kraus-Anderson’s Chris Patraw as new president

May 23, 2016 Patraw also holds a Health Care Constructor certificate from the American Society for Healthcare Engineering. Read more...

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Waterton’s Zettl: Pace of hotel construction remains strong in Chicago, across the Midwest

May 23, 2016 Several cities across the United States stand to benefit from new hotel construction this year, according to the latest research from Marcus & Millichap, with Chicago leading the way in the Midwest. And a local hospitality professional working the Chicago market also has good things to say about the hospitality industry in the city and its suburbs. Read more...

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Friedman Integrated Real Estate Solutions expands Michigan team

May 20, 2016 As managing director, Panos will be responsible for overseeing the strategic direction of all owned commercial real estate, and Odell's responsibilities will include corporate governance, preparation of purchase/sale agreements, negotiating financing documents, contract preparation, insurance claim litigation, employment law, and any other issues requiring her guidance. Read more...

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Retail market a tale of two cities – thriving in downtown Chicago, mixed-bag in the suburbs

May 20, 2016 Read more...

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Bernard Financial Group loans $15.5 million for 34-story mixed-use tower in Detroit

May 19, 2016 The renovated building is located on the southeast corner of Woodward Avenue and Grand Circus Park. It features office space on floors 2 through 4, and apartment units on floors 5 through 34 with penthouses on floors 25 through 34. Read more...

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Marcus & Millichap arranges $11.5 million sale of Minneapolis Walgreens store

May 19, 2016 A 14,490-square-foot Walgreens drugstore in Sauk Rapids, Minnesota was recently sold for $11.5 million to a private 1031-exchange investor. Read more...

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The City of Portage’s new $37 million mixed-use development breaking ground this summer

May 19, 2016 The Promenade at Founders Square, a new $37 million mixed-use development in the City of Portage in Indiana, will soon be breaking ground. Read more...

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The Dickman Company, Inc./CORFAC International announces sale of 154,800-square-foot industrial building in Wisconsin

May 19, 2016 The Dickman Company, Inc./CORFAC International announced the completion of a sale of a 154,800 square foot industrial building located at 9009 North 51st Street, Brown Deer, Wisconsin. Read more...

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New study shows that co-working, flexible office space is on the rise

May 19, 2016 U.S. office buildings are more frequently offering tenants co-working space today, office space that employees from several different companies share as a way to save on the cost of space and equipment. Read more...

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New 652,000-square-foot spec industrial development set to launch in suburban Nashville

May 18, 2016 HSA Commercial Real Estate has partnered with Boston-based Great Point Investors LLC to develop a 652,000-square-foot speculative industrial building at Commerce Farms Business Center in suburban Nashville, Tennessee. Read more...

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Colliers International and Bradley Company’s Midwest firms partner to expand West Michigan retail portfolio

May 18, 2016 A newly announced partnership between Colliers International | West Michigan and Bradley Company will market four retail centers in West Michigan. Read more...

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SME’s Mark Kramer gets named to GBA Council of Fellows

May 18, 2016 He has more than 25 years of experience in geotechnical, environmental, and building materials engineering, and has managed and provided technical oversight for over 400 projects throughout the country. Read more...

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