Midwest
Brennan Finalizes IL Industrial Acquisition
The property is located in McHenry, Ill., and comprises two buildings: a 220,000-square-foot warehouse and a 68,000-square-foot office segment.
TCN Worldwide Board Names New Vice Chairman
During 2017-2018, Gerald Sullivan, principal & managing broker of PW Commercial and formerly the board’s treasurer, will serve as vice chairman.
JV to Open 708 KSF IN Warehouse
The build-to-suit facility is scheduled for completion in the first part of 2018. The asset is expandable to 1,046,528 square feet and is located in the AllPoints Midwest industrial park.
JV Sells 27-Property Self-Storage Portfolio
HFF was tapped to market the 1.7 million-square-foot portfolio on behalf of the seller, a partnership between Westport Capital Partners and Store Here Management.
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.