Archive | Midwest Real Estate News

Apartment boom hitting all major Midwest markets

December 19, 2014 Christy Lockridge, principal with the Chicago office of Prudential, has seen the trend: Today’s renters increasingly want to live in the center of urban areas. They want to live near public transportation. They want to be able to walk to restaurants and shops. They want to live largely without having to jump into a car each day. Read more...

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Friedman Integrated Real Estate Solutions sells 230-unit self-storage building in Michigan

December 19, 2014 Friedman Integrated Real Estate Solutions recently sold R & A Storage, a 230-unit industrial self-storage building at 5620 Hoover St. in Trenton, Mich. Read more...

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ElmTree Net Lease Fund II buys key investment properties in Indiana, Minnesota

December 19, 2014 St. Louis-based ElmTree Net Lease Fund II recently purchased five single-tenant net lease investment properties -- including one in Minnesota and another in Indiana -- totaling $105.2 million. All properties are currently occupied under, or have commitments for, 10- to 15-year lease agreements. Read more...

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Reichle Klein Group helps bring Planet Fitness to Ohio retail center

December 19, 2014 Toledo-based Reichle Klein Group coordinated the lease of 30,000 square feet of retail space in the Shoppes at South Boundary in Perrysburg, Ohio, to Planet Fitness. Read more...

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Wisconsin’s Faith Technologies hires director of marketing

December 19, 2014 Kelly Chartre has been hired as director of marketing for Menasha, Wis.-based Faith Technologies, an electrical and specialty systems contractor. Read more...

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U. S. Bank closes on nearly $2M to build 100-room hotel

December 18, 2014 U.S. Bank and First-Ring Industrial Redevelopment Enterprise Inc. closed on nearly $2 million in financing to help build West Allis’ first hotel, which will serve the Wisconsin State Fair and spark economic development nearby. Read more...

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CenterPoint announces build-to-suit for national retailer at CIC-Kansas City

December 18, 2014 CenterPoint Properties announced the groundbreaking of a 55,950 SF built-to-suit truck terminal for one of the nation’s largest retailers. Read more...

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Doran Companies gets a boost: Will manage Robert Muir Company’s Twin Cities retail centers

December 18, 2014 Bloomington, Minn.-based Doran Companies just boosted its property management portfolio by five regional shopping centers. Read more...

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JLL closes 253,000-square-foot office sale in Columbus

December 18, 2014 JLL’s Columbus office recently sold One and Two Easton Oval office properties in Columbus, Ohio, to Garrison Investment Group. Read more...

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Mid-America Real Estate Corporation sells 111,000-square-foot retail center in Overland Park

December 18, 2014 Mid-America Real Estate Corporation’s investment sales team recently brokered the sale of Quivira Crossings retail center located in Overland Park, Kansas. Read more...

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