Midwest
Brixmor Property Group Sells MI Retail Asset
Mid-America Real Estate’s Principals Rick Drogosz and Ben Wineman brokered the transaction of Green Acres Plaza, a Kroger-anchored shopping center in Saginaw, Mich.
Regus Renews at Zeller Realty Group’s Chicago-Area Asset
CBRE’s Bill Elwood and Rob Graham represented the landlord in the transaction while Kellen Monti of JLL worked on behalf of the tenant.
HREC Brokers Midwest Hotel Portfolio Sale
Acting on behalf of The Raymond Group and North Central Group, the firm sold three Hampton Inn properties in Wisconsin and Iowa.
Opus Welcomes First Tenants to KS Industrial Facility
Gateway Classic Cars and Lanter Delivery Systems Inc. leased a total of 85,000 square feet at the recently completed 56 Commerce Center.
RPT Realty Sells 2 WI Shopping Centers for $69M
The firm sold The Shoppes at Fox River in Waukesha and East Town Plaza in Madison. Proceeds will go towards funding the firm’s value creation initiatives and reducing leverage.
Marcus & Millichap Brokers $9.1M Sale of Chicago Retail Asset
The 27,780-square-foot property, which is located in one of the highest barriers to entry submarkets in the city, underwent complete renovation in 2007.
LSTC Expands Michigan Office Portfolio
The California-based company acquired the second building that makes up Butterfield Park Place from Wilson Real Estate, closing its eleventh acquisition in the state.
Home2 Suites by Hilton Opens in MN
Part of a $28 million development, the 107-key project is the second new hotel to come online in Brooklyn Park since 1998.
DRA Advisors Buys Minneapolis Office Portfolio
The nearly $74 million deal includes two high-rises totaling more than 620,000 square feet of Class A space in the city’s central business district.
United Airlines Renews Lease at Chicago’s Willis Tower
The new agreement extends the carrier’s existing lease until 2033. United will invest millions to upgrade its 850,000-square-foot headquarters at the famed property.