Midwest
BGL Sells Michigan MOB
BGL Real Estate Partners’ National Healthcare Real Estate Group served as the exclusive advisor to the seller in the transaction.
Market Street Redevelopment Gets $54M in Financing
The suburban Minneapolis mixed-use project will contain 100 luxury apartments set atop 33,000 square feet of street retail and a parking structure.
Marriott Unveils Milwaukee Airport Hotel
The Four Points by Sheraton Milwaukee Airport offers 178 guest rooms and more than 17,000 square feet of meeting and event space.
Bedrock to Redevelop Former Detroit Police HQ
The company teamed up with a subsidiary of Syncora Guarantee Inc. for the project and aims to preserve the building’s historic character.
Jernigan Continues Self-Storage Investment
The company has invested nearly $12 million in a proposed 813-unit storage facility in Minneapolis. The project is slated for completion by the second quarter of 2019.
Willis Tower Sets Energy Star Mark
The 4.5 million-square-foot Chicago high-rise now holds the distinction of being the largest office building in the U.S. to earn the EPA’s Energy Star certification.
Irgens Snags $80M Financing for Milwaukee Office Tower
Walker & Dunlop Capital Markets secured the non-recourse loan for 833 East Michigan, a 359,000-square-foot, LEED Silver-certified building in the city’s central business district. Completed in 2016, the 17-story lakefront property became the first significant downtown office development in almost a decade.
Hilco Scoops Up Former Chicago Power Plant
The company plans to demolish the building and construct an industrial facility in the Little Village neighborhood. Remediation work of the 70-acre site might take up to 24 months.
Duke Realty Secures Tenant for Chicago-Area Warehouse
Velky Brands will occupy half of the 2017-built speculative facility in Romeoville. Cushman & Wakefield represented the owner in this deal.
Panattoni Developing 1 MSF Warehouse in Memphis
The firm, along with partner Mohr Capital, is developing the industrial facility, located at Panattoni’s 1,600-acre Gateway Global Logistics Center in Marshall County, Miss.