Midwest
Apple Hospitality Expands Portfolio
The firm acquired two Hampton Inn & Suites by Hilton, one in Atlanta and one in Memphis, Tenn. for $63 million.
CBRE Chicago Welcomes New Senior Director
Andria Winters will supervise the company’s advisory and transaction services team, focusing on both local and international clients.
Fidelity National Title Promotes Company Veteran
Edson Burton, who has been with the company for 34 years, is the new executive vice president and Chicago division manager.
Akron-Area Manufacturing Buildings Change Hands
The former Wrayco facility in Stow will soon have a new tenant. CBRE facilitated the sale of the 240,000-square-foot property.
IPA Brokers Sale of 526 KSF Ohio Shopping Center
Located in Aurora, Marketplace at Four Corners traded for $55.7 million. The Marcus & Millichap division procured the seller and the buyer, a 1031 exchange investor.
Trending Capital Sources in 2018
Ginsberg Jacobs’ co-founder provides his outlook for the real estate financing environment for the next 12 months, including which asset classes and capital sources will shine this year.
Boyle Trades Nashville-Area Retail Asset
The property, Providence Commons, traded for nearly $30 million. Fully leased, the center is anchored by a Publix grocery store.
Highwoods Acquires Nashville Development Site
The REIT is planning a build-to-suit project of nearly 500,000 square feet on the land and expects to break ground early next year.
Starwood Capital Snaps Up Chicago Trophy Tower
ING Capital led a $297.6 million financing package for the acquisition of One South Dearborn, an 827,538-square-foot building at the corner of Dearborn and Madison streets.
Zayo Enters $32M Agreement to Buy Neutral Network
Continuing its buying spree, the company will add more than 2,000 route miles and 150,000 fiber miles to its existing network across the U.S.