News

Hanley Completes LA Fitness Sale

The single-tenant net lease property in Montebello, Calif., has been a health club destination for 28 years, with LA Fitness taking over a former Bally’s.

WoodSpring Continues to Grow in Chicagoland

The company’s new project marks its third in the area and will be among 15 total properties to be built with development partner Holladay Properties.

Onyx Equities Sells 2 in New Jersey

The real estate investment firm disposed of two office buildings owned with two separate partners, Russo Development and Rubenstein Partners.

New Hotel Coming to Austin

Choice Hotels is partnering with Cloud Nine Hospitality for the 134-key Cambria property near the Bergstrom International airport.

Tustin Legacy rendering

HFF Arranges Financing for First OC Creative Office Campus

The development is located at NWC Armstrong Avenue & Barranca Parkway and is the first office structure to be built within the 1,600-acre Tustin Legacy master-planned project.

The building of the former Kmart department store in Superior, Wis.

Climate-Controlled Self-Storage Hits Superior

U-Haul plans to transform a vacant building in Superior, Wis., into a 737-unit self-storage facility. Spaces will be available for rent in late fall.

Mt. Taylor Manufacturing Sawmill

Mt. Taylor Manufacturing to Invest $1M in South Valley Expansion

The New Mexico company will receive $100,000 in funds from the Economic Development Department.

Xcel Energy upper midwest wind expansion

Xcel Energy Receives Approval for 1,550MW Wind Energy Plan

The seven new wind farms constitute the company’s largest wind expansion in upper Midwest, which will increase its regional wind output by roughly 70 percent.   

Celebrating 30: Mall of America Opens

We’re celebrating our 30th anniversary by highlighting some of the most significant events in commercial real estate’s history. This week: The opening of the Mall of America. Stay tuned for our weekly posts and follow along with us on social media using the hashtag #CPETurns30.

9207 N. Milwaukee Ave., Niles, Ill.

Boulder Group Brokers Retail Property Sale

The transaction closed at $2.5 million. The 13,122-square-foot asset is located in Niles, Ill., and is fully leased by MobilityWorks, a provider of wheelchair accessible vans.