Midwest
2nd Phase of Ballpark Village in St. Louis Breaks Ground
The 700,000-square-foot mixed-use development is planned to contain apartments, Class A office space, a hotel and street retail and is expected to open in 2020.
Home2 Suites Opens Near Oklahoma City Airport
Platinum Hospitality will manage the 115-key hotel, which features tech-focused and eco-conscious amenities as well as the option to customize suite furniture according to each customer’s own preferences.
Baceline Acquires Madison Shopping Center for $3M
MLG Capital sold the 45,000-square-foot retail building, which is 90 percent leased, primarily to long-term, community-focused tenants.
Carter Validus Sells Data Center for $315M
An affiliate of Digital Realty Trust LP is the new owner of a 250,000-square-foot data center situated in the Chicago suburb of Northlake, Ill.
Engineering Work Concludes at Jefferson City’s The LINC
The 80,000-square-foot recreation and wellness center includes office space and meeting rooms, shared between Lincoln University and City of Jefferson’s Parks, Recreation and Forestry department.
Exeter Property Acquires 2 Industrial Assets Near Columbus
Both buildings are located within the Rickenbacker Global Logistics Park and offer long-term leases. The previous owner was a partnership of several institutional investors advised by J.P. Morgan.
$1B Mixed-Use Detroit Redevelopment Breaks Ground
On the site of a former department store, the 1.1 million-square-foot development will feature Detroit’s tallest building, standing at 800 feet.
EquiCap Brokers Sale of IL Self-Storage Facility
The company represented the seller and the buyer, a Chicagoland-based operator, in the transaction. The Minooka, Ill., facility, All American Self Storage, fetched $2.3 million.
Irvine Co. Welcomes Ziegler to Chicago Office Tower
The investment firm plans to occupy the entire 20th floor at One N. Wacker starting mid-2018. The leased space totals 32,000 square feet.
CBRE Arranges $29M IL Retail Sale
The property is a 71,324-square-foot Mariano’s Fresh Market located in Palatine, Ill. Christian Williams and Michael Kaider represented the seller.