Retail V Michigan Gerdom brings beauty salon to Michigan retail center J Michael Salon will join CVS, DaVita Dialysis, Sheesh Mediterranean Restaurant and Plymouth Physical Therapy Specialist at Kimco Realty Corporation’s Century Plaza in Livonia, Michigan.
CRE N Illinois CBRE marketing 170 N. Green Street in Chicago's Fulton Market CBRE has been retained by Bridgford Foods Corporation to offer 170 N. Green Street for long-term lease. The 156,000-square-foot food processing plant at the corner of Green and Lake Streets in Chicago’s Fulton Market neighborhood could be subject to potential re-entitlement and redevelopment by prospective lessors.
Retail N Illinois Buy your way in: The retail landscape in three Chicago hot spots The opening earlier this summer of Offshore—the nation’s largest rooftop venue—spoke volumes, not just about efforts to rejuvenate a lackluster Navy Pier, but about the state of retail itself in Chicago. Just as in other markets, consumers respond to several trends.
CRE N Illinois Related Midwest begins construction on Wells-Wentworth Connector at The 78 Related Midwest has begun work on the Wells-Wentworth Connector, the long-anticipated link that will connect downtown to Chinatown by way of The 78, the developer’s vibrant, mixed-use community along the Chicago River. Part of the first phase of the development, the infrastructure work will provide additional thoroughfare for drivers and sa…
CRE v Wisconsin Kraus-Anderson finishes construction of mixed-use project in Wisconsin The Rochester office of Kraus-Anderson has completed construction of Landmark by the Rivers at 525 N. 2nd St. in the trendy part of downtown La Crosse, Wisconsin. The historic renovation transformed a century-old manufacturing facility into a new, live-work-play development with luxury rental apartments, and leasing opportunities for retail…
CRE N Illinois CRE Future Leaders: Matt Terpstra As vice president, capital markets at Cohen Financial, Matt Terpstra is responsible for the origination and placement of debt structures throughout the United States. Since joining the Chicago-based capital markets team in 2013, he has helped to close over $650 million of financing transactions that include development, value-add and stabil…
Office N Illinois MBRE, Hilco, Origin joint venture acquires West Loop property A joint venture that includes senior executives Kevin Purcell and Peter Westmeyer from MB Real Estate (MBRE), Hilco Redevelopment Partners and Origin Investments has acquired 549 W. Randolph Street in the West Loop. MBRE will provide leasing and asset management services for the seven-story, 123,835-square-foot property.
Student Housing i Ohio CA Student Living opening six student housing developments across Midwest CA Student Living, the student housing investment and development division of Chicago-based CA Ventures, is set to open six student housing communities comprising more than 3,000 beds and valued in excess of $550 million. The communities are located in Florida, Indiana, Illinois, Iowa, Ohio and Pennsylvania.
CRE V Michigan Colliers' Swatsenbarg: CRE market in Detroit still firmly in boom mode How does Barry Swatsenbarg describe the activity taking place in downtown Detroit today? He chooses one word, “phenomenal.”
Multifamily V Michigan Berkadia closes $32 million apartment sale in Michigan Berkadia recently completed the sale of and secured financing for Hillside Forest, a garden-style multifamily property in Oakland County, Michigan.
Retail O Indiana Midland Atlantic breaks ground on retail center in Indiana The Indianapolis office of Midland Atlantic Properties has acquired 3.27 acres at 827 E. State Road 32 in Westfield, Indiana, for the development of Monon Crossing shopping center.
Retail X Missouri Lawyers Realty closes deals in St. Louis area Lawyers Realty Co. completed several transactions in the St. Louis area recently. This includes representing tenant B6 Ranch Prime in the lease of 10,340 square feet of retail space at 1225 Heritage Point Commons, a shopping center in Wentzville, Missouri.
CRE N Illinois Inland National Development nears completion of Green Oaks, IL development Inland National Development Company (INDC) has completed approximately 70 percent of a mixed-use development located on 33 acres at 14100 W. Rockland Road in Green Oaks, Illinois, approximately 30 miles north of O’Hare International Airport. The first move-ins are projected for January of 2020.
Industrial i Ohio Construction starts on advanced manufacturing facility in Cincinnati The Port joined Messer Construction, Terrex Development, City of Cincinnati Mayor John Cranley, Hamilton County Board of Commissioners President Denise Driehaus, REDI Cincinnati and the Bond Hill Community Council in breaking ground for the construction of an advanced manufacturing facility at 2249 Seymour Avenue, formerly a parking lot for…
Retail V Michigan NAI Wisinski helps Indian restaurant find new location in Grand Rapids NAI Wisinski of West Michigan assisted Pind Indian Cuisine in signing a five-year lease at 241 Fulton St., the former Russo’s Market, Grand Rapids, Michigan. The 4,497-squre-foot remodeled space will offer outdoor seating.
CRE N Illinois CRE Future Leaders: Troy Beebe Troy Beebe joined Essex Realty Group in 2016 where, as a director, he focuses on multifamily and mixed-use asset sales throughout suburban Chicago. He has an entrepreneurial spirit and has started numerous businesses ranging from information technology to self-storage and moving.
Finance X Missouri NorthMarq provides financing for 188-unit apartment project in Missouri David Garfinkel and Dan Baker of NorthMarq’s St. Louis office arranged debt/joint venture equity financing for the construction of Wildhorse, a multifamily and retail property in Chesterfield, Missouri.
Industrial N Illinois Colliers arranges 551,000-SF, full-building sublease for Follett Corp. Colliers International | Chicago’s Christopher Volkert, SIOR and Brian Kling represented Follett Corporation in a three-year, 551,200-square-foot, full-building sublease to Wholesale Interiors at 2805 Duke Parkway in Aurora, Illinois. It is one of the Chicago area’s largest industrial lease transactions to date.
Office N Illinois First look at planned River North office developments North Wells Capital, the investment management affiliate of Chicago-based Urban Innovations, has announced details of proposed new developments at 306 W. Erie, 301 W. Huron and 320 W. Huron in Chicago’s thriving River North neighborhood. All three properties are represented by JLL as leasing agent and by Urban Innovations as property manager.
Office N Illinois You can go home again: Revisiting the suburban office campus In 1991, back when corporations were still building massive suburban office campuses, Dirk Lohan was retained to design one for Ameritech in Hoffman Estates, Illinois. Nearly 30 years later, he is revisiting his creation as it transforms into the current ideal of suburban office.