Midwest
Innovatus Capital Partners Buys Nashville Office Portfolio
The two buildings add up to more than 340,000 square feet and traded for nearly $64 million. The properties last changed hands in early 2017.
Nashville Holiday Inn Sells for $118M
The buyer, Highland Capital Management, assumed three CMBS loans taken by the seller between 2016 and 2017 and totaling $72.5 million.
Berkadia Finances Cleveland US Bank Center
The $33.2 million loan features a 10-year fixed rate and a 67 percent loan-to-value ratio and was secured on behalf of The Wolstein Group.
Mondelez International Moving HQ to Downtown Chicago
The company has leased an entire office building from Thor Equities in the Fulton Market neighborhood and will be relocating from Deerfield, Ill., once construction finalizes.
108-Key Chicago-Area Hotel Changes Hands
An affiliate of Skokie-based Opine Properties has bought the Country Inn & Suites in Prospect Heights from a private investor.
JLL Brokers 3 Self Storage Sales
The firm arranged the sales of two Houston-area facilities and one property located in Crestwood, Ill. The assets changed hands in separate deals.
Alula Relocates HQ to St. Paul
The smart security systems producer plans to relocate its headquarters into CSM Corp.’s Midway Innovation Center I, which has been vacant since May 2018.
Nashville Hotel Trades for $125M
The seller, Rockbridge, acquired the 214-key Hilton Garden Inn in the city center for slightly more than $80 million in 2016.
Chicago-Area Palos Medical Campus’ $80M Modernization Completed
Harley Ellis Devereaux and Walsh Construction were at the helm of the design-build renovation, which was executed over the course of five years.
CBRE Lines Up $47M Loan for MN Office Campus
The refinancing features a 10-year term and was secured on behalf of Wildamere Capital Management, the owner of Plymouth Corporate Center.