Midwest
McGrath to Build St. Louis Warehouse for US Paint
The $5 million project will be conducted in two phases and will replace the existing manufacturing facility. The property will comprise a new office space, maintenance shop, quality control lab and more.
Griffin Closes Nashville’s Top 2017 Office Deal
An entity owned by Syed Shamim of Bahrain bought the 530,000-square-foot One Century Place. Transwestern will continue as property manager of the Class A building.
CBRE Names SVPs in Cincinnati
CBRE’s industrial team has been instrumental in transactions encompassing approximately 60 million square feet and valued at over $1 billion.
Millennium Properties Arranges IL Warehouse Transaction
The 30,000-square-foot multi-tenant property is part of a business park located in Wheeling, Ill. It consists of 10 units and is fully leased.
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.