Midwest
CBRE Facilitates Ohio Industrial Sale
The new owner, a print marketing solutions provider, acquired the vacant property with the intention of transforming it into the company’s new corporate headquarters.
Hunt Mortgage Group Refinances Suburban Ohio Property
The $17 million loan was arranged via MSF Real Estate Capital Inc., with Senior Vice President Scott Moore overseeing the placement of the transaction.
PCCP, TriStar Build $115M Warehouse in St. Louis
The joint venture is developing the two-structure, 2 million-square-foot project on 160 acres at Gateway Commerce Center in Edwardsville, Ill., for World Wide Technology.
U-Haul Brings Adaptive Reuse Storage to Alton, IL
The company is currently leasing the former Kmart store and will complete the sale of the property in August. The converted building will offer 700 storage units.
Inland Hires New SVP of Loan Origination
Eugene Rutenberg will be responsible for the company’s commercial real estate bridge loan origination for clients across the Western region.
Mid-America Brokers Chicago Retail Sale
The 31,325-square-foot property is located in the Uptown neighborhood and is leased to Ross Dress for Less and Verizon Wireless.
Summit Design + Build Delivers Chicago Retail Center
The updated 13,000-square-foot asset will provide space for up to three retail tenants in an area of Lincoln Park, known as a shopping and lifestyle destination.
CVMC REIT Sells 2 Data Centers for $85M
The two properties, featuring a total of 224,500 square feet in the Milwaukee and Atlanta areas, were picked up in transactions by separate buyers.
Ground Breaks on 1.4 MSF Chicago Office Tower
Howard Hughes Corp. and Riverside Investment & Development Co. have already signed Bank of America to a 500,000-square-foot lease at 110 North Wacker, scheduled for delivery in the fourth quarter of 2020.
Encore Development Group Nabs MI Office Space
Founder Jason Hamama plans to redevelop the Troy asset and lease the full ground floor to a food retailer. The new tenant will join Japanese restaurant Benihana in the building.