Midwest
Fern Hill Buys Downtown Chicago Museum Building
The $6 million transaction included the third and fourth floors of the Museum of Broadcast Communications building, totaling 27,500 square feet.
Detroit Gets in Gear As Tech Drives Auto Sector
Colliers International Senior Vice President Patrich Jett shares his views on the operational needs and real estate considerations of the automotive industry, as well as Detroit’s position in the sector.
AvalonBay Buys Denver-Area Community for $91M
The multifamily REIT has purchased the Ridge at Wheatlands for $270,000 per unit, marking the highest unit price achieved in the submarket of Aurora.
Somerset Buys Former Chicago-Area AT&T Campus
Together with partner Triangle Capital Group, the company will transform the 150-acre property in Hoffman Estates into a self-contained urban core following its unique ‘Metroburb’ concept.
Cullinan Properties Breaks Ground in Chicagoland
Regal Cinema will be the first tenant at the upcoming Rock Run Crossings mixed-use property in Joliet, having pre-leased more than 70,000 square feet.
Cushman & Wakefield to Lease Stark Enterprises’ 2MSF Cleveland Asset
The company will lead office leasing efforts at nuCLEus, an upcoming mixed-use development in the Gateway District. The property will encompass office, residential and retail space.
OH Retail Development Receives $19M Construction Financing
The three-year, interest-only loan secured by Berkadia represents 73 percent loan-to-cost and was closed with 50 percent of the retail space pre-leased.
Sealy & Co. Acquires 1 MSF Industrial Asset in MS
The Class A distribution facility in Olive Branch is fully leased to Williams Sonoma. The asset is less than 20 miles from the country’s busiest air cargo airport.
WAFUSA Logistics Relocates, Triples MI Space
Colliers International’s Tim Van Noord brokered the lease, which represents the tenant’s third expansion in Grand Rapids since its 2013 launch.
SVN Brokers Chicago Loft Office Building Sale
Angelo Labriola and Paul Cawthon of the Cawthon-Labriola Group of SVN Chicago represented the seller while Advisors Stephen Cusano and James Mead represented the buyer.