Midwest
Pine Tree Affiliate Buys Suburban Cleveland Retail Asset
HFF’s Clinton Mitchell and Amy Sands brokered the sale of Streetsboro Crossing shopping center, while William Barry of Draper & Kramer arranged the financing.
Omaha’s Blackstone Hotel: The Resurrection of a Landmark
Built at the beginning of last century, the hotel quickly became the epicenter of the city’s social scene. Lever Energy Capital CEO Mark Boyer reveals details about the revival of the iconic building.
JLL to Anchor Chicago-Area Office Building
The company will anchor one of the three buildings at the Oakmont Point office campus, consolidating its operations in Westmont and Lombard.
Coworking Opportunities: Spotlight on Chicago
Industrious Real Estate Manager Bryant Au points out how growing demand for coworking space might affect prominent commercial buildings and weighs in on the implications of non-compete clauses.
COPT to Build AL Campus for Aerospace Company
The four-building property at Redstone Gateway in Huntsville will house Yulista Holding, an Alaska-based defense contractor that intends to relocate its headquarters.
Chicago Industrial Still Thriving Amid New Deliveries
The first quarter yielded a 20 basis-point drop in the vacancy rate and 1.6 million square feet of positive absorption amid a bevy of new deliveries, per Avison Young’s new report.
Colliers Lands 2 Michigan Stores for Gourmet Donut Brand
The Donut Conspiracy is opening locations in Grand Rapids and Grandville with help from Colliers International, which found the new sites for the dessert and coffee retailer.
Nashville Hyatt Gets $66M Construction Financing
C.B. Ragland’s 252-key development will rise 20 stories in the city’s SoBro district. The hotel’s opening is scheduled for summer 2021.
IL Dual-Tenant Retail Asset Changes Hands
President Chad Firsel from Quantum Real Estate Advisors represented both parties in the $2.7 million transaction. The property last traded almost a decade ago.
Transwestern Buys 1.5 MSF Industrial Portfolio in Columbus
A joint venture between Singerman Real Estate and Green Door Capital has sold a collection of three properties to the firm’s new TSP Value and Income Fund II.