Midwest
TCN Worldwide Names New Regional VP
Paul Licausi holds more than 30 years of experience in the industry and will oversee the company’s central regional operations.
Franklin Partners, Bixby Bridge Acquire IL Office Asset
Wright Heerema Architects will lead the renovation work at 263 Shuman Blvd. in Naperville, as the owners plan to turn the former OfficeMax headquarters into a multi-tenant building.
Cushman & Wakefield Negotiates Chicago Lease for Publicis
The new agreement includes a 50,000-square-foot expansion for the advertising company, whose office in the Central Loop now spans 681,545 square feet.
Skender Breaks Ground on Hyatt House Hotel in Chicago
Sterling Bay is developing the project at 105 N. May St., which will be the first extended-stay lodging property in the city’s Fulton Market neighborhood.
NAI Hiffman Brokers Industrial Lease in Chicago’s Central DuPage
The tenant of the 74,678-square-foot property is Christian Art Gift, a manufacturer of religious books and gifts, which has been occupying the building since 2012.
CBRE Facilitates Chicago Retail Lease
Senior Vice President Joe Parrott represented the management of Marshfield Plaza, a 452,935-square-foot shopping center located in the city’s South Side.
Global Medical Buys $64M MOB Portfolio in Ohio
Marietta Memorial Hospital—a division of the Memorial Health System, a Fitch BB-rated health structure—currently leases four assets.
New Embassy Suites Opens near Indianapolis
The hospitality asset is close to several attractions such as Hamilton Town Center, Ruoff Home Mortgage Music Center, Edge Adventure Parks and the Conner Prairie Living History Museum.
Montecito Medical Expands Milwaukee Footprint
Built in 2016, the two-story facility houses a 24,563-square-foot accredited ambulatory surgery center with five operating rooms and 20 prep and recovery rooms.
NKF Facilitates 2 Chicago-Area Leases for K2 Express
One of the long-term agreements represents a renewal and expansion lease at a multi-tenant, Prologis-owned building in Franklin Park, Ill. The other deal concerns an adjacent four-acre land parcel.