KBS Closes on 300 N. LaSalle

July 30, 2010 KBS Real Estate Investment Trust II (KBS REIT II) has closed on the purchase of the 300 North LaSalle office building in Chicago. The purchase of the 1.3 million-square-foot, 60-story central business district tower ranks as one of the country’s largest commercial real estate transactions in 2010. Read more...

Illinois Real Estate Journal, Midwest Real Estate News, News

Marcus & Millichap brokers sale of 63,000-square-foot shopping center in Illinois

July 29, 2010 Marcus & Millichap Real Estate Investment Services recently brokered the sale of Sports Authority Plaza, a 63,552-square-foot shopping center located in Calumet City, Ill. Read more...

Illinois Real Estate Journal, Midwest Real Estate News, News

HFF secures $31.7M in debt and equity for Naperville Corporate Center

July 28, 2010 The Chicago office of HFF has secured a $31.7 million in financing and joint venture equity for the recapitalization of Naperville Corporate Center, a four-building, 418,836-square-foot office property located in the western Chicago suburb of Naperville, Ill. Read more...

Illinois Real Estate Journal, Midwest Real Estate News, News

Cassidy Turley Barry facilitates tool company purchase in Wisconsin

July 28, 2010 1535 LLC, doing business as Neu Tool and Supply, recently purchased the 57,000-square-foot former Process Displays Inc. property. The building, located in New Berlin, Wis., was owned by James and Arlene Coffey. Read more...

Midwest Real Estate News, News

McKinley handles multi-family disposition in Detroit

July 28, 2010 Ann Arbor, Mich.-based McKinley recently handled the disposition of Fullerton Manor, a 42-unit apartment community in Detroit. McKinley had managed the multi-family community since January. Read more...

Midwest Real Estate News, News

NAI DESCO helps daycare provider purchase Missouri site

July 26, 2010 David Gannon of St. Louis-based NAI DESCO recently represented the purchaser, Beth Holdings, LLC, in the sale of 1.25 acres of land known as Lot 4A in O’Fallon, Mo. Read more...

Midwest Real Estate News, News

Light at the end of tunnel for Twin Cities, according to university report

The commercial real estate market in the Twin Cities is beginning to see light at the end of the tunnel, according to the University of St. Thomas Opus College of Business’ first “Minnesota Commercial Real Estate Survey” released in early June. Read more...

Marcus & Millichap report: Hope for Cincinnati multi-family market

Hope has been in short supply lately when it comes to commercial real estate. The Cincinnati multi-family market, though, is showing signs of life, at least according to the latest research report from Marcus & Millichap. Read more...

Kansas City office market ready for a rough 2010

It's little surprise, but Marcus & Millichap predicts that Kansas City's office market will continue to struggle in 2010. This puts the city in company with most other major metro areas, the vast majority of which are also experiencing sluggish office activity. Read more...