Midwest
Red Roof Gets New Ohio HQ
The company will relocate from downtown Columbus to a new 43,000-square-foot office in New Albany, Ohio, to accommodate its growing corporate team.
JCPenney Sells Legacy WI Warehouse
The Wauwatosa outlet centers encompasses more than 2 million square feet and was bought by an affiliate of Phoenix Investors for $31.3 million.
Infinity Construction to Bring More Office to Cleveland Area
The development of two new buildings in Westlake, Ohio, is expected to add more than 100,000 square feet of Class A office space to the area’s inventory.
Lettuce Entertain to Open New Chicago Restaurant
The retailer signed a 38,000-square-foot lease at 321 N. Clark St. in Chicago’s River North neighborhood. The restaurant is slated to open in the summer of 2019.
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.