Midwest
Avison Young Hires Principal, SVP in Minneapolis Office
Phil Kluesner and Eddie Rymer bring a total of more than 45 years of commercial real estate experience. Prior to joining Avison, they served as senior vice presidents at Carlson Commercial.
Newport Capital Partners Adds WI Shopping Center to Portfolio
The Plaza, a 108,000-square-foot property in Brookfield, Wis., represents the seventh asset in the buyer’s retail fund. The transaction closed at $17.9 million.
BBG Relocates Local Office to Midtown Detroit
The company moved to a two-story, 9,000-square-foot Brush Park office building, which was once the site of a 100-year-old auto garage.
New SpringHill Suites by Marriott Opening in MI
The 100-key hotel is located in Grandville, Mich., and offers convenient access to Rivertown Crossings Mall, Van Andel Arena and the Frederick Meijer Gardens & Sculpture Park.
Ryman Hospitality to Open Eastern TN Venue
When completed, in spring 2019, the 16,000-square-foot Ole Red Gatlinburg venue will include a two-story bar and restaurant, a performance area and a dance floor.
American Bar Association Renews Chicago Lease
A team of brokers from Savills Studley, led by Eric Feinberg and John Goodman, negotiated the lease expansion on behalf of the organization. The agreement includes tenant improvement concessions and lower rent expenses.
Eco-Conscious Element Hotel Debuts in Illinois
The 96-key Element Moline is an adaptive-reuse project that incorporated the historic O’Rourke Building, a former warehouse located near the Mississippi River.
Ft. Wayne Retail Center Changes Hands
Jefferson Pointe Center SPE LLC purchased Jefferson Pointe, a mixed-use lifestyle center, comprised of retail, restaurant and entertainment-focused tenants.
JBL Sells Knoxville Retail Asset
The property, which encompasses more than 20,000 square feet, is situated within five miles of the city’s central business district.
Skanska Extends Contract on $430M Nashville Project
When complete, the Fifth + Broadway mixed-use development will include 235,000 square feet of retail, roughly 400,000 square feet of office and more than 350 residential units.