Midwest
Mid-America Real Estate Closes Ohio Retail Deal
Belden Park Crossings in North Canton, Ohio, is anchored by Target and features a strong tenant mix which includes Kohl’s, Dick’s Sporting Goods, Ulta and DSW, among other retail businesses.
NAR, JLL Keen on 2018
Sharing their thoughts at the 2017 Realtors Conference & Expo, economists from the National Association of Realtors and JLL expressed confidence in the 2018 commercial real estate market.
Schaeffler Sheds $60M on Ohio Facility Expansion
The Wooster campus incorporates 800,000 square feet, having expanded 20 times during the company’s 40-year stay in Ohio.
Construction Begins on America’s Next Life Science Corridor
The first phase of the 16-block Discover Square in Rochester, Minn., comprises a four-story, 90,000-square-foot building set to open in 2019, at the corner of 4th Street and 2nd Avenue SW. Mayo Clinic, the first anchor tenant, plans to occupy 30,000 square feet across three floors.
Bamboo Equity Snags 52 KSF MOB
Once closing is completed, Bamboo will immediately start renovations on the 52,000-square-foot property to improve common areas used by patients and healthcare providers.
65KSF IA Self-Storage Facility Changes Hands
StorageMart purchased the facility located in Waukee, Iowa for $2.8 million. Bellomy & Co. represented the seller and procured the buyer in the deal.
Arch Street, Brennan Acquire MN Industrial Facility
The acquisition is part of a $300 million joint venture with Brennan Investment Group, focusing on acquiring and aggregating single-tenant, long-term, net-leased, mission critical industrial assets.
Chicago Office Park Changes Hands for $75M
HFF represented Principal Real Estate Investors in the sale of the five-building property in Lincolnshire, Ill., while Bradford Allen Investment Advisors handled the deal on behalf of the buyer.
CBRE Arranges Chicago Lease for Property Law Firm
Green Griffith & Borg-Breen relocated from 455 N. Cityfront Plaza Drive to one of the highest floors of an office tower on Michigan Avenue.
Skanska Pitches In for $93M Cincinnati School Project
The project includes two new replacement schools, a 204,000-square-foot elementary school and a 236,000-square-foot middle and high school, both seeking a minimum LEED Silver certification.