CRE V Michigan ALRIG developing five-building mixed-use development in Michigan ALRIG USA Development is developing The Park Promenade, a mixed-use project at the corner of Allen and West Roads in Woodhaven, Michigan.
Net Lease i Ohio Marcus & Millichap sells Domino's restaurant in Ohio Marcus & Millichap sold Domino’s, a 1,951-square-foot net-leased property in Batavia, Ohio. The asset sold for $809,850.
CRE N Illinois Related Midwest's Biernacki talks inclusive supply chains at annual Rainbow PUSH Coalition Convention Speaking at the annual Rainbow PUSH Coalition Convention, Related Midwest senior vice president of construction, Don Biernacki, outlined the company’s vision for transforming the construction industry supply chain by connecting South and West Side residents. He announced a cross-industry partnership as part of the firm’s 62-acre mixed-use d…
Office W Minnesota Newmark Knight Frank sells 84,000-square-foot office plaza in Minnesota Newmark Knight Frank closed the sale of Edina Business Plaza, a three-story, 84,380-square-foot office building at 7550 France Avenue South in Edina, Minnesota.
Hospitality N Illinois Forget the mini bar—this is how hotels can maximize F&B profit Hotel operators have long treated pantries—the “grab and go” food options carved out of lobbies—as oversized vending machines. Lacking the time and expertise to put extra effort into these spaces, they have languished as minor and oft-ignored guest amenities.
Retail Q Kentucky Summit at Fritz Farm in Lexington boosting restaurant options With the opening of its boutique hotel in Lexington, Kentucky, nearing, the Origin Hotel team announced the hotel’s chef-driven restaurant has been renamed 33 Staves. 33 Staves refers to the number of wooden stave pieces needed to form a full-size oak barrel used to distill bourbon.
Retail i Ohio Six retailers joining Easton Town Center near Columbus Easton Town Center, a mixed-use complex northeast of Columbus co-developed by The Georgetown Company, L Brands and Steiner + Associates, is adding six new retailers to the town center’s $500 million expansion, including Ivan Kane’s Forty Deuce Café & Speakeasy, Arhaus Furniture, Pins Mechanical Co., The Beeline, Forbidden Root Restaurant an…
Net Lease v Wisconsin Marcus & Millichap sells Pizza Hut in Wisconsin community Marcus & Millichap closed the sale of a 2,750-square-foot Pizza Hut in Kaukauna, Wisconsin. The restaurant sold for $800,000.
CRE V Michigan Midwest Commercial Hall of Fame: DAR Development's David Denton Each year, Midwest Real Estate News runs its Midwest Commercial Real Estate Hall of Fame issue, honoring the top CRE pros in the region. This year, we are running these profiles online, too. Here is a look at the busy career of David Denton, vice president of real estate brokerage with the Grand Rapids, Michigan, office of DAR Development.
CRE X Missouri Block Real Estate Services marketing Crown Center site in Kansas City Michael Block and Keiten Nuspl of Block Real Estate Services, LLC are marketing a Kansas City, Missouri, site for sale that is ripe for a multifamily/mixed-use development.
Retail N Illinois The bank backfill: Sourcing retail tenants for vacant branches This week, 44 bank branches throughout Chicagoland will shut down as a redundancy mitigation measure following Fifth Third Bank’s acquisition of MB Financial in March. Property owners will want to get a new tenant lined up as soon as possible, but there’s one issue: the only fitting tenants for these spaces are other banks.
Office N Illinois Savills secures lease for Skidmore, Owings & Merrill in Chicago Savills completed a long-term lease restructuring and renewal for the Chicago office of Skidmore, Owings & Merrill LLP (SOM). The global architecture firm will occupy 55,988 square feet in the Railway Exchange Building, located at 224 S. Michigan Avenue in Chicago’s East Loop.
Office i Ohio It's all about the flexibility: Coworking still surging across the Midwest It’s a trend that is showing no signs of slowing: Coworking spaces are popping up across the country. And the Midwest is no exception, as both small companies and their bigger cousins are looking to coworking spaces to provide flexible work options for their employees.
Retail N Illinois Captain D's continues Midwestern growth with sixth Illinois location Nashville-based fast casual seafood restaurant Captain D's has opened a corporate-owned location in Carbondale, Illinois. Located at 1040 E. Walnut Street, the Carbondale restaurant marks the brand's sixth Illinois location and third corporate-owned opening this year.
Office N Illinois GSF opens tenth innovation center In Chicago's West Loop Irvine, California-based Golden State Foods (GSF) unveiled their newest office space and Innovation Center in Chicago’s West Loop neighborhood. The space features product development workstations and was designed to be a food innovation hub as well as to replicate full-scale plant production systems for efficient commercialization.
Net Lease Midwest Interest rate surprises and surging restaurants fuel net lease market The quality of tenant and the length of the lease. That’s what investors are looking for when sinking their dollars into net lease retail properties.
Multifamily i Ohio Smartland seeking investors for two funds in Northeast Ohio A fast-growing, relatively new player on the Cleveland commercial real estate scene, real estate investment firm Smartland LLC., is currently seeking investors for two funds: a $22 million fund to focuse on properties in Qualified Opportunity Zone areas of Cleveland and a $50 million fund that will acquire multifamily and light industrial p…
Office X Missouri Epoch developing $25 million spec office building in Kansas City Epoch Developments is moving forward with a $25 million speculative office building as a Transit Oriented Development on what is now a surface parking lot at the northwest corner of Third and Delaware in Kansas City, Missouri.
Industrial Real Estate News Midwest Real Estate News Construction to start on 182,000-square-foot industrial facility near St. Louis Representatives from 1ST Phorm, US Capital Development, the City of Fenton, Missouri, and hundreds of other guests gathered June 21, for a ceremonial ground-breaking to mark the official start of construction on the new $20 million, 182,400-square-foot facility that 1st Phorm will occupy by early next year at the Fenton Logistics Park in Fe…
Office V Michigan The goal for south Ann Arbor? Building that neighborhood feel Vacant space is far from plentiful in downtown Ann Arbor. But that doesn’t mean there isn’t room for new retailers, apartment units and restaurants in the areas surrounding the center of this town. That’s especially true of an area south of Ann Arbor near the intersection of State Street and Eisenhower Parkway.