Midwest
Continental Partners Secures Financing for Chicago Industrial Asset
The buyer plans to reposition the Hudson Motor Building into a Class A, mixed-use property which is expected to include retail and office space.
KAI Renovates 4 St. Louis Retail Assets
The four buildings in the greater metro area have now reopened as Art Van Furniture stores, following $3.5 million in renovation work.
Ridge Acquires 11 Acres in Chicago for Spec Industrial Project
The company will break ground on the 178,516-square-foot O’Hare Gateway Logistics Center in mid-2018, with a scheduled delivery for the end of the year.
Majestic Signs 1st Tenant for WI Development
CTDI will move into more than 160,000 square feet of the distribution center, which opened in late 2016. The firm plans to hire 150 new employees in the space.
HFF Arranges $39M Loan for Chicago Hotel
The company represented the borrower, an affiliate of Arbor Lodging Partners, for the acquisition of a 398-key hotel in the Schaumburg suburb of Chicago.
Hyatt Hotels Appoints CCO
Mark Vondrasek joined the company in September 2017 as executive vice president, having previously served Starwood for almost 15 years.
Lendlease Chicago Office Awarded Several Green Certifications
The company’s new location landed LEED Silver certification under USGBC’s LEED v4, and became the first 3 Star Fitwel-certified building in the city.
JV Secures $30M for Chicago Mixed-Use Project
Pangea Mortgage Capital and T2 Capital Management worked on behalf of UrbanStreet Group and VennPoint Real Estate to arrange financing for the 225-acre master-planned development at the Motorola Solutions former campus.
Marcus & Millichap Cinches Sale of IN Self-Storage Facility
The company represented the seller of Southside Storage in Bloomington, Ind., which changed hands for $74 per net rentable square foot.
Industrial Realty Buys IBM’s 1.3 MSF Minnesota Campus
The commercial and industrial real estate investor plans to bring new tenants to the 490-acre property, where IBM will continue to occupy several buildings and, ultimately, a mixed-use development will take shape.