Midwest
MOB Portfolios Change Hands for $90M
In three separate deals, CBRE has facilitated the sale of 23 medical office buildings, 13 of which are situated in the Chicago area.
Newmark Knight Frank Expands Detroit Valuation Team
The company appointed Tony Roberts as its newest senior managing director, while Chris Maharg joined the firm as senior vice president.
Marcus & Millichap Brokers Sale of IL Hotel
The buyer took out an $8.5 million loan from Citizens Community Federal to finance the acquisition of the 117-key Hampton Inn and plans to upgrade the property.
Landmark Indiana Plant Closes $260M Financing
Brightmark Energy’s facility in Ashley, Ind., will hold the distinction of being the first plastics-to-fuel plant in the U.S.
Casto Acquires Ohio Hotel, Plans Redevelopment
The former Knights Inn Hotel in Heath will be demolished and work for a new retail property is scheduled to begin by the end of the second quarter.
PwC-Anchored Office Tower Tops Out in St. Louis
The Class A building is part of the second phase of Ballpark Village. The Cordish Cos. and the St. Louis Cardinals are in charge of the $260 million mixed-use project.
Howard Hughes Corp. Lands Law Firm for Chicago Trophy Tower
Morgan Lewis & Bockius leased three floors at 110 North Wacker Drive, a 1.5 million-square-foot West Loop project scheduled for completion in 2020.
Old World Industries Leases 354 KSF Warehouse in Chicago Suburb
Duke Realty signed up the maker of PEAK motor oil for a 354,400-square-foot lease at the facility in Bolingbrook, Ill.
New Courtyard by Marriott to Open in Indiana
Indianapolis developer MHG Hotels owns and manages the new four-story, 97-key business hotel in Speedway, set to debut later this week.
VICI, Hard Rock to Acquire Ohio Casino for $745M
The companies will purchase the real estate and operating assets of the JACK Cincinnati Casino from JACK Entertainment in separate all-cash transactions.