Midwest
Grand Rapids’ Proving Ground for Storage
A section of Michigan’s second-largest city is serving as a laboratory for developing utility-scale storage.
Indianapolis Office Commands $32M
Tryperion Partners purchased the recently developed, 137,000-square-foot asset, home to Allied Solutions’ headquarters, with Morgan Stanley providing more than $17 million in acquisition financing.
ILPT to Acquire Industrial Portfolios for $905M
The logistics REIT inked two separate agreements that will ultimately increase its national footprint by a total of 12.9 million square feet.
Oberg Medical Signs Full-Building Lease in Chicago
Venture One Real Estate acquired the 60,126-square-foot facility last October and invested in interior renovations. Colliers International represented the tenant.
CBRE Makes Promotions at Columbus Office
The firm named Rick Trott, Kevin McGrath and Jeff Carey senior vice presidents. They cover sectors such as office, industrial, leasing and development.
StorageMart Grows Kansas Portfolio
The company has opened a 639-unit self storage facility in Orlando Park, marking its fourth location in the region, roughly 24 miles from Kansas City.
HSA Welcomes LifeNet Health to Indianapolis Property
The transplant solution provider is going to occupy almost one quarter of the space available at Gateway V, the most recent warehouse added to Gateway Business Park.
OH Logistics Center Welcomes New Tenants
CBRE spearheaded leasing efforts on behalf of the owners. Flint Group, Wayfair, Novolex and YKK will occupy more than 238,000 square feet.
Indianapolis-Area MOB Changes Hands
Montecito Medical expanded its portfolio with a Class A, 42,000-square-foot asset in Greenwood, Ind. Two health-care tenants fully occupy the two-story building.
Sumitomo Buys $144M Minneapolis Office Asset
With the acquisition of SPS Tower, a 655,000-square-foot property in the central business district, the company marks its debut in the city.