Midwest
Zamir Equities Buys 560 KSF Cleveland Office High-Rise
In a deal facilitated by HFF, American Landmark Properties Corp. sold 1111 Superior Ave. four years after having acquired the asset half-full for $19.5 million.
Globe Corp. Sells Industrial Portfolio in Metro Chicago
Green Door Capital and Citimark have teamed up on the acquisition of seven properties totaling 447,059 square feet, with an average occupancy rate of 93 percent.
Volkswagen’s Chattanooga Standout
The company’s 2.7 million-square-foot facility is the first and only auto manufacturing plant in the world to earn LEED Platinum certification.
CBRE Brokers HQ Relocation for Jostens
Brian Fogelberg and Mark McCary directed the lease on behalf of the tenant. The new office spans across three floors at Minnesota Center.
Top 10 Office Buildings With Highest Vacancies in the Twin Cities
Large corporate tenants have left behind considerable blocks of vacant space in the suburbs and relocated closer to the downtown areas, while landlords were upgrading undesirable buildings within city limits in order to attract and accommodate tenant needs.
Dual-Branded Marriott Opens in St. Louis
Construction on the project, which contains a 110-key Courtyard and a 101-key all-suite Residence Inn, began in the summer of 2017.
EquiCap Brokers Sale of TN Storage Facility
The self-storage property in Soddy Daisy traded in an off-market transaction to a 1031 exchange buyer. The asset is approximately 15 miles from downtown Chattanooga.
Hempel Cos. Snags Minneapolis Office Asset
AtWater Group sold Concorde Executive Center, a 104,063-square-foot building in the Northwest submarket for $5.5 million. Cushman & Wakefield is in charge with the property’s management and leasing activities.
EDGE Fitness Expands into Michigan
The company will open two new clubs in Farmington Hills and Sterling Heights by the fourth quarter of 2019, as it works to expand into the Midwest and the Pennsylvania metro area.
Founders Properties Snags Columbus Assets for $21M
The deal was a portfolio transaction and it included Northwoods II and 825 Tech Center Drive. The PNL Cos. was the seller.