Archive | Midwest Real Estate News

FitzGerald Associates Architects PC names three new equity partners

July 22, 2016 They join current partners Patrick FitzGerald, Michael DeRouin, and Richard Whitney as the firm’s ownership group. Read more...

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Lamar Companies promotes Frank Maresca to executive director of acquisitions

July 22, 2016 In his new role, Frank will be responsible for sourcing, analyzing and closing all company acquisitions across the United States. Read more...

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Savvy retailers letting Pokemon Go bring more foot traffic to their shops

July 22, 2016 Smart retailers take advantage of hot trends. Just look at the way some are having fun, and boosting foot traffic, with the Pokemon Go mobile game. Read more...

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Principle Construction promotes Jamie Molzahn to controller

July 21, 2016 In this new role, Molzahn will be responsible for overall management of the accounting department, company benefits, human resources, and corporate insurance and bonding. Read more...

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Cincinnati industrial market absorbs more than 19 million square feet since start of 2012

July 21, 2016 The Cincinnati industrial market is showing no signs of a slowdown, according to the latest numbers from CBRE. Read more...

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LaSalle Investment Management adds new co-head for its Client Capital Group

July 20, 2016 He will be based in LaSalle’s headquarters office in Chicago, and will jointly lead the 35 person global client relationship, capital raising, branding and public relations team with Jon Zehner, who based in London. Read more...

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DePaul University techs-in to 1871 in new collaboration

July 20, 2016 In a newly formed collaboration, DePaul University students, faculty and alumni will soon have access to one of Chicago's rising tech outlets, connecting them with what appears to be the era of digital start-ups. Read more...

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CoreSource, Inc. signs 7-year lease in Sterling Heights, Michigan

July 20, 2016 CoreSource, a third-party administrator of employee benefits programs, just signed a 7-year lease for 24,700 square feet at the Liberty Professional Center, 35601 Mound Road, in Sterling Heights, Michigan. Read more...

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Brewing company signs long-term lease at Miller Textile building in Minneapolis

July 20, 2016 Renovation began in December 2015 and the property is being transformed from the historic Miller Bag Building into creative, dynamic office and retail space. Read more...

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Willowbrook Lake Apartments in Indianapolis sell for $11 million

July 20, 2016 Willowbrook Lake Apartments, a multifamily property located in Indianapolis, has sold for $11.3 million to an entity of Sundance Bay, based in Orem, Utah. Read more...

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When the deals make a difference: Bringing Niagara Bottling to the Columbus market

July 20, 2016 Some commercial deals make a greater impact than others. Brad Kitchen points to the deal he helped close in 2012 that brought Niagara Bottling to Gahanna, Ohio, a community located less than 10 miles from Columbus. Read more...

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FCA US’ new $350 million investment to create 300 new jobs at its automotive manufacturing plant in Belvidere

July 19, 2016 Production of the Jeep Cherokee, which is currently in Toledo, Ohio, will create approximately 300 new jobs when it transitions to Illinois in 2017. Read more...

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Milwaukee, Omaha and Columbus all seeing big increases in apartment rents

July 19, 2016 Where are apartment rents rising the fastest? According to apartment Web site Abodo, Milwaukee led the way, seeing the biggest increase in one-bedroom apartment rents from June to July of this year. Read more...

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Ford Motor Company signs major lease in Livonia, Michigan

July 18, 2016 Newmark Grubb Knight Frank Senior Managing Director, Dan Labes, represented Ashley Capital in Ford's lease to occupy 100 percent of the building. Read more...

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Julian Electric relocating corporate headquarters to Heritage Crossing in Lockport

July 18, 2016 The electrical device manufacturer acquired 19 acres of land from ML Realty Partners in Heritage Crossing corporate park, near I-355 and 143rd Street in Lockport. Read more...

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JLL appoints Debra Bonebrake to lead national industrial property management portfolio

July 18, 2016 She will oversee a national industrial portfolio exceeding 150 million square feet. Read more...

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Greenstone Partners acquires Indianapolis FedEx distribution center for $6.27 million

July 18, 2016 Chicago-based Greenstone Partners acquired the 89,024-square-foot FedEx Distribution Center in the Northeast submarket of Indianapolis for $6.27 million, or $70.49 per square foot, at a 6.5% cap rate. Read more...

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Michigan to get its first Home 2 Suites by Hilton hotel in Holland

July 18, 2016 Home 2 Suites by Hilton is bringing its first Michigan location to Holland on West Shore Drive. The innovative all-suites extended stay hotel is pet-friendly and includes relaxing common areas and full kitchens. Read more...

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CBRE|Martin’s Stephen Hershfield named a Lansing Regional Chamber Ambassador

July 18, 2016 As an ambassador, his role will be to help the Lansing Chamber promote member commitment and retention. Read more...

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Amber Wenzler joins Cushman & Wakefield’s Dayton office as an associate

July 18, 2016 Wenzler spent almost two years working as a sales representative for Ryan Homes, where she generated more than $6 million in residential home sales in less than a year. Read more...

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