Midwest

Kate Ivanova, Vice President, McHugh Construction. Image courtesy of McHugh Construction

Hotel Development: Trends, Challenges and Opportunities

McHugh Construction Vice President Kate Ivanova shares her views on the changes that the hospitality sector in Chicago is going through, as well as her role as a woman in the construction environment.

KBS Sells 580 KSF St. Louis Office Property

Lingerfelt CommonWealth Partners has acquired the two-building campus in neighboring Clayton, Mo., the seat of St. Louis County.

Central Nashville Office Development Opens Doors

Boyle Investment Co. broke ground on the 324,000-square-foot Class A project two years ago, with Northwestern Mutual providing construction financing.

398-Unit Storage Sells in MI

EquiCap Commercial and Pogoda Cos. arranged the sale of the seven-building Battle Creek Self Storage.

Brennan Investment Group Sells 182 KSF Chicago-Area Industrial Portfolio

Principals Erik Foster, Mike Wilson, Chris Lydon and Chris Tecu from Avison Young worked on behalf of the seller in the two-building transaction.

Skender Opens Chicago Health-Care Center

The new Esperanza Health Center in Brighton Park is a 26,000-square-foot building featuring innovative design and color-shifting metal panels on the façade.

NorthPoint to Build 2 New Warehouses in Ohio

The company started Phase II of the West Chester Trade Center industrial park in Ohio, with plans to add 581,000 square feet of space during the next several months.

Proffitt Dixon Partners Buys Nashville Storage for $16M

HFF represented the seller, Provident Realty Advisors, in the deal, and arranged acquisition financing on behalf of the buyer.

Noble Secures $31M Construction Loan for Nashville Eco-Hotel

Regions Bank is financing the construction of the 169-key Element by Westin, near Cambridge Holdings’ OneC1TY mixed-use urban community. The development is set to include street-level retail space.

Morning Calm Management Buys $84M Detroit Industrial Portfolio

The firm purchased the nine-property, 1.5 million-square-foot suburban portfolio from Promanas Group. The deal marks the company’s fourth acquisition in the area over the past year.