Midwest
Duke Realty Breaks Ground on New Indianapolis HQ
PK Partners LLC is the industrial REIT’s joint venture partner on the 78,000-square-foot office and retail project, which is scheduled for completion in late 2019.
Gladstone Commercial Corp. Acquires Fully Leased OH Property
The industrial asset has been serving as Midwest Acoust-A-Fiber’s headquarters since its completion in 1990. The company, which is also the sole tenant, has signed a lease extension.
Bridge Investment Buys Suburban Chicago Office Complex
The company has expanded its portfolio with the addition of O’Hare International Center, a pair of nine-story Class A office towers adjacent to O’Hare International Airport.
Knoebel Construction Delivers St. Louis HopCat Restaurant
Together with architect Cuhaci & Peterson, the two companies renovated a historic building in the Delmar Loop neighborhood and created HopCat’s 17th location in the U.S.
Homewood Suites Opens at Southdale Center
Simon—the owner and operator of the regional mall and mixed-use complex in Edina, Minn.—developed the 146-key all-suite hotel in a joint venture with Noble Investment Group.
National Storage Affiliates Acquires KS Facility
The firm added 409 units to its portfolio. The property is located in Wichita, Kan., some 6 miles from downtown.
New Cambria Hotel Opens Near Downtown Indianapolis
Located in Westfield, Ind., the 152-key property is Choice Hotels’ second Cambria in the area.
Forest City’s Cleveland HQ Is Complete
Vocon designed the 110,000-square-foot downtown office that the real estate company leased last year, allowing the tenant to reduce its footprint by 40 percent.
Chicago Loft Office Building Commands Near-Record Price
Marcus & Millichap represented the seller of the four-story West Loop property, which traded for 13.1 million or $436 per square foot.
Cincinnati Architecture Firm Expands Leadership Team
CR architecture + design’s two hires, Bruce Quisno—as vice president—and Bill Dandy—as chief operating officer, bring extensive market expertise to their new positions.