Midwest
NAI Hiffman Appoints New Senior VP
Steven Bass has joined the NAI Hiffman team as senior vice president. Until recently, he had been an executive vice president with Lee & Associates.
Ten Capital Management Acquires St. Louis Office Asset
The Class A building, which comprises more than 250,000 square feet, was 97 percent leased at the time of sale to four tenants, including Cushman & Wakefield.
SRS Real Estate Partners Brokers KY Retail Center Sale
Crestwood Crossing, a roughly 19,000-square-foot retail asset in Crestwood, changed hands for $3.5 million. An Ohio-based buyer purchased the asset from a local developer.
Distribution Center in OH Acquired in 1031 Exchange
The 33,197-square-foot property carries a cap rate of 7.93 percent, with more than four years of remaining lease term. Third Coast purchased the asset for $3.4 million.
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.