Midwest

NAI Hiffman Arranges Large IL Warehouse Lease Expansion

The tenant, JBS Logistics & Warehousing Inc., will occupy close to 400,000 square feet in the Chicago I-88 Corridor submarket.

Chicago’s Green Efforts Turn to Platinum

Launched in 2016, USGBC’s program enables cities to benchmark and communicate the performance of sustainability initiatives across more than a dozen metrics.

Sterling Bay Welcomes Chicago Director

Scott Rafferty will be in charge of consolidating and expanding the company’s relationships with investors, diversifying the portfolio and finding new opportunities for placing capital.

Cabot Properties Buys Chicago-Area Industrial Park

The nearly 900,000-square-foot property in Cicero, Ill., comprises one complete, fully leased building and two in-progress facilities that are slated for delivery by August 2019.

Missner Groups Adds Tech Tenant in Chicago Suburb

Application Software Technology will move into its new space at the Olympian Office Center once the landlord finalizes the build-out.

Summit Design + Build, RDG Funds Renovate Historic Chicago Building

The former Crane Co. Factory Building, located in the West Loop, will be converted into an office asset following a full interior demolition.

Transwestern Adds New SVP to Chicago Office

In her new role, Kathleen Bertrand will lead the leasing and marketing activity at the company’s office projects in the downtown area.

Nashville Parking Changes Hands for $54M

A joint venture between RBN Equities and Jadian Capital sold the 12-story asset, which contains more than 1,000 stalls and 37,000 square feet of retail and office space.

RHG, Aspect Acquire 4-Property Hotel Portfolio

This deal represents an expansion of ownership and management into three new markets. The assets total more than 450 keys and are under the Hilton, Hampton, Hyatt and Aloft brands.

DealPoint Merrill Secures Financing for Cleveland Giant Eagle

The $6.6 million loan will be used for the redevelopment of the shopping center. DealPoint Merrill arranged the sale of the same property earlier this year.