Midwest
Krusinski Construction Begins Work on 113 KSF Facility in IL
School Health Corp. will occupy the entire building, which will include 24,700 square feet of office space. The company will relocate from Hanover Park to Rolling Meadows.
HREC Brokers IL Embassy Suites Sale
A joint venture between Hotel Capital and ORIX Real Estate Americas purchased the 209-key, recently renovated asset in an off-market transaction.
Real Capital Solutions Buys Chicago-Area Corporate Center
A team of HFF brokers closed the office transaction on behalf of the seller, a joint venture between TriGate Capital and Pearlmark.
MCR Acquires Cincinnati Hilton Garden Inn
The firm will also manage the 88-key Hilton Garden Inn Cincinnati Northeast, which features a fully equipped fitness center, a 24-hour business center and an indoor pool.
Lee Harvard Shopping Center in Cleveland Trades for $13M
Arnold J. Eisenberg Inc. facilitated the sale of the 190,000-square-foot retail asset on behalf of the seller, Excelsior Capital Partners.
Phoenix Investors Grabs $14M Industrial Portfolio
The two former Quad Graphics properties, located in rural Tennessee and Illinois, total more than 1.1 million square feet. The new owner plans to renovate both assets.
Baum Launches New Division, Hires Chicago Managing Director
Ari Topper will lead the Chicago-based company’s office and industrial division, while Associate Tyler Dechter will provide landlord representation services.
Viking Expands in the Midwest
The company purchased Market at Morse in Ohio and Timbercrest at Lakeville in Minnesota. Both shopping centers have leasable space available.
NHI Nabs Senior Housing Portfolio for $68M
The 320-unit Sunrise Portfolio includes six assisted living and memory care properties located in Ohio and Pennsylvania. Bickford Senior Living will lease the communities.
Knoll Moves to Fulton Market
The company will occupy the entire sixth and seventh floors and part of the fifth floor in the building, or a total of 24,000 square feet of showroom and office space.