Midwest
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.
JPMorgan Chase Commits $900K to Help Detroit Go Green
The money will target infrastructure projects, in addition to Chase branch updates for better energy efficiency. The Nature Conservancy, Eastside Community Network and Jefferson East community are some of the groups accessing the funds.
KY MOB Changes Hands
A subsidiary of Everest Healthcare Properties recently purchased a 60,000-square-foot medical office building in Louisville, Ky. The property was 95 percent occupied at the time of the sale.
CBRE Arranges IL Country Inn Hotel Deal
The asset is located along Interstate 88 in Naperville, Ill., and offers convenient access to one of the largest office concentrations outside Chicago.
KAI Design & Build Adds New Chief Integration Officer
Michael Hein has joined KAI Design & Build’s St. Louis office. In his new position, he will be responsible for driving the firm’s strategic initiatives.
Mixed-Use Center Sells for $13M in Chicago Suburbs
Marcus & Millichap brokered the sale of Metropolitan Square, a grocery-anchored lifestyle center, in Des Plaines, Ill. The firm represented the seller and procured the buyer.
Hines JV Plans 270 KSF Timber Office Project in Chicago
The company has teamed up with Diversified Real Estate Capital and Big Bay Realty to build T3 Goose Island, the city’s first wood-structured office development since the 1800s.