Finance N Illinois Five tax advantages of buying a commercial property Whether you buy a small apartment or a sizable commercial building, an investment in commercial property typically provides multiple tax breaks for a small company. Your financial or tax advisor can determine exactly how an investment would play out for your business, but many pursue this investment as both a place to run a company and a tax-benefit-rich asset.
Multifamily v Wisconsin Marcus & Millichap: Apartment demand, supply rising in Green Bay A lower cost of living and a decrease in the area’s unemployment rate means more people are looking for apartments in the Green Bay and Fox Valley regions of Wisconsin, according to the latest research from Marcus & Millichap.
CRE N Illinois Chicago CRE Future Leaders: MJ Zaring As part of our series, CRE Future Leaders, we caught up with MJ Zaring, vice president of acquisitions at CA Residential, the multifamily arm of CA Ventures. Zaring is responsible for the sourcing, underwriting, negotiating and closing of multifamily land sites in target markets throughout the U.S.
Healthcare Midwest Avison Young: Investors still sweet on medical office buildings Medical office buildings remain a favored target for investors eager to sink their dollars into commercial real estate. Avison Young, in its mid-year medical office update, reported that investors purchased 160 medical office buidings in the United States during the first half of the year.
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Retail W Minnesota Marcus & MIllichap closes $1.09 million sale of Minneapolis coffee shop Marcus & Millichap recently closed the sale of Dunn Bros. Coffee, a 3,000-square-foot net-leased property in Minneapolis. The property sold for $1.09 million.
Office v Wisconsin HSA closes 4,557-square-foot lease with imaging center in Milwaukee area HSA Commercial Real Estate closed a 4,557-square-foot lease with Medical Diagnostic Imaging for the final remaining ground-floor space at 3077 N. Mayfair Road in Wauwatosa, Wisconsin.
CRE V Michigan Longtime CRE pros form new brokerage in Detroit area CRE veterans this month combined their forces to form new commercial real estate firms in Bingham Farms, Michigan: Dominion Real Estate Advisors and Dominion Realty Services.
Industrial N Illinois Lee & Associates negotiates Romeoville industrial lease Lee & Associates has closed a lease transaction for a 64,952-square-foot industrial building located at 1811 W. Normantown Road in Romeoville, Illinois.
Multifamily N Illinois 110 units sell in Chicago's Beverly neighborhood for a combined $9.5M Two multifamily buildings totaling 110 units sold on Walden Parkway in Chicago’s Beverly neighborhood. The properties, 70 units and 40 units, are located at 10206-30 S. Walden Parkway and 10500 S. Walden Parkway, respectively.
Legal X Missouri Stinson grows its practice in St. Louis area Law firm Stinson Leonard Street LLP and St. Louis intellectual property firm Senniger Powers LLP will combine their practices in October. The combination will strengthen Stinson’s St. Louis presence and expand its intellectual property practice.
Finance N Illinois Lodge Financial secures $1.5M for the refinance of Chicago multifamily property Lodge Financial's Matthew Lebenson recently closed a $1,475,000 commercial mortgage secured by a newly rehabbed, 6-unit multifamily property located in the heart of Chicago's Ukrainian Village. Sponsorship's desire is to hold onto the property and collect cash flow for another year or two until disposition.
Industrial i Ohio Newmark Knight Frank closes 617,000-square-foot industrial deal in Cincinnati Newmark Knight Frank announced the development of a 617,760-square-foot industrial build-to-suit facility on more than 46 acres in the greater Cincinnati area for Design Within Reach.
Healthcare P Kansas Copaken Brooks helps Kansas hospital find land for outpatient clinic Copaken Brooks’ John Coe represetned Lawrence Memorial Hospital in its purchase of 20 acres for the development of a new out-patient medical center in Lawrence, Kansas.
Office W Minnesota CBRE to lease key office building in Minneapolis market CBRE has been selected to lease 505 Waterford Park tower, a Class-A office building totaling 258,000 square feet in Plymouth, Minnesota, following the building’s sale to DRA Advisors.