Midwest
CRE Development Trends in the Midwest
Retailers are racing against the clock to fulfill online orders, pushing them to invest in large distribution facilities all across the Midwest. Laird Goldsborough, president of Valbridge Property Advisors, talks about secondary markets that are in the spotlight.
Western Specialty Contractors Names New COO
With more than 20 years of industry experience, Tom Brooks will be responsible for day-to-day operations and implementing growth strategies.
Brown Commercial Arranges Sale of 3 Chicago Industrial Assets
Gilberts and Groves LLC purchased the properties, totaling 136,000 square feet, for $7 million. Two of the assets are in Elk Grove Village and the other is situated in Gilberts.
The Story Behind Chicago’s NEWCITY: One for the Books
The $275 million mixed-use project took a decade to materialize, overlapping the recession. Structured Development’s Jeff Berta takes us behind the scenes of what he described as the most challenging project he worked on in a career spanning roughly 30 years.
Memphis Industrial Reuse Project Lands LEED Platinum
The former Sears Crosstown distribution center is now a 1.5 million-square-foot mixed-use development comprising apartments, office and retail, as well as a high school.
Omni Opens $300M Hotel in Kentucky
The tallest lodging destination in Louisville comes online as the city looks forward to the reopening of the Kentucky International Convention Center this summer, following a $180 million expansion.
Amazon to Build First Fulfillment Center in MO
The 800,000-square-foot facility will be located in St. Peters, Mo., and is expected to create more than 1,500 full-time jobs.
JLL Tapped to Manage TN College
The firm will handle all maintenance and grounds services for Cleveland State Community College’s main and satellite campuses across Central Tennessee.
Ridge Completes, Sells Chicago Industrial Building
The 186,000-square-foot speculative project is located within Brewster Creek Business Park. Ridge broke ground on the development in the summer of 2017.
BGL Facilitates Sale of Cleveland Mixed-Use Property
The asset, which is anchored by the Department of Veterans Affairs, was sold to a CGA Real Estate Services affiliate.