Midwest
Construction Manager Selected for Obama Center
Lakeside Alliance is a joint venture consisting of Turner Construction Co., Powers & Sons Construction, UJAMAA Construction, Brown & Momen and Safeway Construction.
CBRE Facilitates Sale of Dayton Manufacturing Building
Wernli Realty Corp. sold the property for $525,000 to commercial plumbing company Frye Mechanical. The asset includes 15,000 square feet of production space and 5,000 square feet of office space.
Southern Land Taps New President
Marty Posthauer will lead the firm’s commercial construction activities, bringing with him more than 30 years of experience in both commercial and residential development.
Upgraded IL Country Inn & Suites Opens Doors
The 119-key hotel is located in Hoffman Estates, near Chicago O’Hare International Airport and Sears Centre Arena. Its guest rooms, business center, fitness center, lobby and exterior were renovated.
Mohr Capital Acquires 460 KSF Cleveland Office Center
The transaction was negotiated by Rodrigo Godoi, director of acquisitions with Mohr Capital, and closed at $52 million. The property is fully leased.
Electrolux Renews IL Warehouse Lease
The global appliance leader renewed its lease with Duke Realty for the 965,183-square-foot Midpoint Distribution 801, located in Minooka, Ill.
Hyatt Place Opens Doors in Knoxville
The hotel, located in a historic building more than 100 years old, includes 165 guestrooms in the heart of Knoxville’s downtown.
PCCP, Capital Partners Acquire Minnesota Industrial Portfolio
The portfolio consists of properties located within infill locations near freeways throughout the metro. The buildings are a mix of bulk warehouse, light industrial and flex product types.
Rare St. Louis Office Space Available for Lease
For the first time in 20 years, office spaces of up to 10,000 square feet on Delmar Boulevard are being offered to businesses. Avison Young is in charge of leasing efforts.
Direct Connect Logistix Expands Indianapolis HQ
The expansion project started in 2016 and cost the company more than $2 million including several upgrades. The new office encompasses 14,000 square feet.