Midwest
The Manitowoc Co. Relocating HQ to Milwaukee
The firm has leased 16,000 square feet in the northwest part of the city, where it will move its headquarters later this quarter.
Monarch Investments Signs 40 KSF Nashville-Area Lease
The new tenant, a discount fashion retailer, plans to open its first central Tennessee location in the space during the second quarter of 2018.
Bellwether Arranges $57M Refi for Cleveland Office Tower
The 10-year CMBS loan, originated by Rialto, will allow One Cleveland Center’s owner to refinance the property’s high interest rate debt and fund tenant improvements.
What’s Ahead for the Capital Markets in 2018
Lenders are showing no signs of slowing down in 2018 when it comes to commercial real estate. Matt Wurtzebach of Draper and Kramer Inc.’s Commercial Finance Group delves into what we can expect from the real estate capital markets this year.
Consumers Credit Union Relocates HQ
Approximately 150 employees have moved to a new 92,000-square-foot office within The Groves Engineering Business Technology Park in Kalamazoo, Mich.
Two Sign Leases at Chicago Trophy Tower
Andersen Tax took 26,000 square feet and will relocate from 222 W. Adams in May 2018, while JAMS will expand within the building by another 19,000 square feet.
Bamboo Equity Acquires MO Office Asset
This acquisition marks the first purchase for the company’s Bamboo Micro Opportunity Fund I LP in Maryland Heights, and the second overall.
Baceline Acquires KC Shopping Center, Sells Indy Asset
The shopping center is set in a busy retail corridor and is home to a mix of retail tenants including Quest Diagnostics and The UPS Store.
JV Snags IL Office Park for $129M
Equity Office Properties Trust disposed of Central Park of Lisle I and II, an office campus in Lisle, Ill. HFF marketed the property on behalf of the seller and procured the buyer.
Glass Manufacturer to Invest $41M in TN Expansion
One of the world’s largest glass producers, AGC Group, will add 100,000 square feet to its existing church Hill facility. The investment will create 85 new jobs.