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Arlington Heights hotel sells for $7.5 million
News 1 month ago
Arlington Heights hotel sells for $7.5 million
Source RE Journal

Marcus & Millichap closed the sale of Comfort Inn, a 125-room hospitality property located at 2120 S. Arlington Heights Road in Arlington Heights,...

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Dougherty closes $34 million loan for Minneapolis apartment development
News 1 month ago
Dougherty closes $34 million loan for Minneapolis apartment development
Source RE Journal

Dougherty Mortgage recently closed a $34.2 million HUD 221(d)(4) loan for the new construction of Bassett Creek Apartments, a 139-unit market rate...

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JLL helps bring WeWork to St. Louis
News 1 month ago
JLL helps bring WeWork to St. Louis
Source RE Journal

Global office-sharing company WeWork has signed a lease at One Metropolitan Square in downtown St. Louis, establishing the company's first location...

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Opus relies on amenities to transform Minneapolis office building
News 1 month ago
Opus relies on amenities to transform Minneapolis office building
Source RE Journal

The Opus Group completed building improvements at 3701 Wayzata Blvd. in Minneapolis, resulting in a transformation to a multi-tenant building...

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CenterPoint Properties joins ULI's Greenprint Center for Building Performance
News 1 month ago
CenterPoint Properties joins ULI's Greenprint Center for Building Performance
Source RE Journal

Oak Brook, Illinois-based CenterPoint Properties has joined the Urban Land Institute's Greenprint Center for Building Performance. The initiative...

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The sector with the strongest outlook? It's not industrial
News 1 month ago
The sector with the strongest outlook? It's not industrial
Source RE Journal

Which commercial sector is the strongest? Across the Midwest and the United States, it's long been a battle between industrial and multifamily. A...

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Stuart Sziklas joins LaSalle as head of U.S. custom accounts
News 1 month ago
Stuart Sziklas joins LaSalle as head of U.S. custom accounts
Source RE Journal

LaSalle Investment Management announced that Stuart Sziklas will join the firm as the head of U. S. custom accounts, effective September 3, 2019....

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GDI building 1-million-square-foot spec warehouse property in Indiana
News 1 month ago
GDI building 1-million-square-foot spec warehouse property in Indiana
Source RE Journal

GDI Companies has closed on the sale of 80 acres of ground in Hendricks County, Indiana, to Core5 Industrial Partners and is beginning construction...

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Renovations, modernizations powering Minneapolis office market
News 1 month ago
Renovations, modernizations powering Minneapolis office market
Source RE Journal

Steady. That's the word Tom Tracy, executive director with the Minneapolis office of Cushman & Wakefield, uses to describe the office sector in his...

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Chicago Housing Authority CEO, Eugene Jones, resigns
News 1 month ago
Chicago Housing Authority CEO, Eugene Jones, resigns
Source RE Journal

Eugene Jones, the CEO of the Chicago Housing Authority, today announced that he has submitted his resignation to Chicago Mayor Lori Lightfoot. The...

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CBRE closes sale of 33 acres near Grand Rapids
News 1 month ago
CBRE closes sale of 33 acres near Grand Rapids
Source RE Journal

CBRE recently represented Granger Group in the sale of 33.4 acres at 5650 Wilson Ave. SW in Wyoming, Michigan. The sale represents the first of two...

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For the first half of 2019, cap rates remained stable
News 1 month ago
For the first half of 2019, cap rates remained stable
Source RE Journal

Thanks to moderate growth, low inflation and falling long-term interest rates, cap rates for commercial real estate assets held steady in the first...

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Colliers sells 29,000-square-foot industrial property in Kansas
News 1 month ago
Colliers sells 29,000-square-foot industrial property in Kansas
Source RE Journal

AIRB1, LLC sold a 29,072-square-foot industrial building at 14915 W. 106th St. in Lenexa, Kansas, to JR Haight, LLC. John Stafford of Colliers...

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Venture One acquires Des Plaines industrial portfolio
News 1 month ago
Venture One acquires Des Plaines industrial portfolio
Source RE Journal

Venture One Real Estate-through its acquisition fund, VK Industrial IV, LP, a partnership between Venture One and Kovitz Investment Group-has...

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Marcus & Millichap sells Comfort Inn in Missouri
News 1 month ago
Marcus & Millichap sells Comfort Inn in Missouri
Source RE Journal

Marcus & Millichap closed the sale of Comfort Inn, a 89-room hospitality property in Festus, Missouri. The asset sold for $3.65 million. Ebrahim...

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Morgan / Harbour begins HQ expansion in Oak Brook for Hub Group
News 1 month ago
Morgan / Harbour begins HQ expansion in Oak Brook for Hub Group
Source RE Journal

Morgan / Harbour Construction has broken ground on a new, 135,000-square-foot, four-story office build-to-suit for Hub Group. The new building,...

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NorthMarq provides $7 million in financing for Dayton retail center
News 1 month ago
NorthMarq provides $7 million in financing for Dayton retail center
Source RE Journal

Noah Juran, senior vice president/senior director of NorthMarq's Cincinnati-based regional office, arranged acquisition financing of $7 million for...

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DoubleTree Midway to get new public spaces in final phase of renovation
News 1 month ago
DoubleTree Midway to get new public spaces in final phase of renovation
Source RE Journal

Cicero's Development Corp. has completed the initial phase of rebranding the Holiday Inn Midway, situated a few blocks from Chicago's Midway...

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Academy Bank opens new location in Overland Park
News 1 month ago
Academy Bank opens new location in Overland Park
Source RE Journal

Academy Bank, a full-service community bank and wholly owned subsidiary of Dickinson Financial Corp., opened its newest retail banking center in...

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Meditation gardens and dog runs: Office amenities matter
News 1 month ago
Meditation gardens and dog runs: Office amenities matter
Source RE Journal

Does your office have a Zen garden? How about an onsite health clinic? If you work in the center of Louisville, you might already be enjoying these...

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Chicago architecture and urban design firm, Canopy, relocating to downtown
News 1 month ago
Chicago architecture and urban design firm, Canopy, relocating to downtown
Source RE Journal

Canopy / Architecture + Design has announced that they will move to new offices in Chicago's Loop later this fall. The firm has occupied space near...

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NorthMarq provides $3.8 million in financing for Missouri preschool
News 1 month ago
NorthMarq provides $3.8 million in financing for Missouri preschool
Source RE Journal

Dan Baker and Jeff Chaney arranged financing of $3.815 million for Little Sunshine's Playhouse, a 9,726-square-foot preschool at 4220 State Highway...

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Chicago public radio station gets new digs at Navy Pier
News 1 month ago
Chicago public radio station gets new digs at Navy Pier
Source RE Journal

Serving as general contractor, Skender recently completed interior construction of a 37,000-square-foot renovation project at the headquarters for...

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J.C. Anderson completes amenity space renovation at Aon Center
News 1 month ago
J.C. Anderson completes amenity space renovation at Aon Center
Source RE Journal

J. C. Anderson has completed a 29,000-square-foot renovation project at the Aon Center, 200 E. Randolph Street, Chicago. Known as "Cloud Level,"...

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Reichle Klein sells four-property apartment portfolio in Ohio
News 1 month ago
Reichle Klein sells four-property apartment portfolio in Ohio
Source RE Journal

Reichle Klein Group recently coordinated the $29.4 million sale of an 888-unit apartment portfolio in Toledo and Oregon, Ohio. Reichle Klein Group...

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Marcus & Millichap brokers sale of Greek housing property at NIU
News 1 month ago
Marcus & Millichap brokers sale of Greek housing property at NIU
Source RE Journal

Marcus & Millichap closed the $670,000 sale of 919 Greenbrier Road, a 24-unit apartment property, home to the Tau Kappa Epsilon fraternity, located...

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Janesville office of Coldwell Banker Commercial adds associate
News 1 month ago
Janesville office of Coldwell Banker Commercial adds associate
Source RE Journal

Adam Shultz has joined Coldwell Banker Commercial McGuire Mears & Associates in Janesville, Wisconsin, as a commercial real estate sales associate....

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St. Louis' Wiegmann Associates bolsters staff
News 1 month ago
St. Louis' Wiegmann Associates bolsters staff
Source RE Journal

Tyler Westerfeld of has joined St. Louis-based Wiegmann Associates as a project engineer. Westerfeld is responsible for designing and engineering...

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Midwest Commercial Hall of Fame: HFF's Jaime Fink
News 1 month ago
Midwest Commercial Hall of Fame: HFF's Jaime Fink
Source RE Journal

Each year, Midwest Real Estate News highlights the careers of the top CRE pros in the region in our Midwest Commercial Real Estate Hall of Fame...

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Stan Johnson Company finds leader for Cincinnati office
News 1 month ago
Stan Johnson Company finds leader for Cincinnati office
Source RE Journal

Ryan Roedersheimer has joined Stan Johnson Company as an associate director and will lead the firm's newest regional office in Cincinnati, Ohio....

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