Midwest
Premier Delivers Chicago Industrial Property
The 40,750-square-foot distribution facility is located in the Portage Park neighborhood and was built on behalf of Dayton Street Partners/WBS Equities.
United Properties Adds VP of Asset Management
Christopher Pohlad is a third-generation member of the Pohlad family to be involved in the extensive business enterprises held by the Pohlad Cos.
JV Obtains $15M Loan for Suburban Chicago Acquisition
The office building is located in Lombard, Ill., near several interstates. The new owners plan on upgrading the property’s amenities and bring lease rates to the current market value.
Grandbridge Arranges Refi for 496 KSF Columbus Industrial
The Branch Banking and Trust Co. subsidiary originated the $7 million loan for 6606 Tussing Road, a R&D facility situated on nearly 30 acres.
Homewood Suites Opens Its Doors in Milwaukee
The hotel opened in an historic 19th century warehouse building in Milwaukee’s city center following the completion of adaptive reuse work.
NAI Hiffman Negotiates New Leases at IL Office Building
Once the new tenants move into their new offices, the 271,000-square-foot Butterfield Center in Lombard will be approximately 99 percent occupied.
Steel Manufacturer to Invest $250M in MO Mill
Nucor Corp. intends to build a rebar micro mill in Sedalia, Mo. The investment is expected to generate 255 jobs once the facility is operational.
Tyson Foods to Invest $300M in 5th TN Plant
The chicken production facility will be built in Humboldt. Roughly 1,500 new jobs are expected to be created once the project becomes operational in late 2019.
Columbus-Area MOB Changes Hands
David Hartsook, John Hall and Kevin Connor of CBRE’s Columbus office represented the seller, Bradenton Pediatric Building Co.
Caesars to Buy Indiana Gaming Operator for $1.7B
The company, in bankruptcy not long ago, seems to see the purchase of Centaur Holdings as a safe bet. Subject to regulatory approvals and other closing conditions, the transaction is expected to close in the first half of 2018.