Midwest
Phoenix Investors Expands MI Portfolio With 550 KSF Buy
The company purchased an industrial facility in Flint, Mich., for $3.2 million. The building is a former Delphi assembly plant that will undergo upgrades to house its new tenants.
Jernigan Capital Invests $10M in New KY Self-Storage
The proposed project will be located in Louisville, Ky., and will consist of two climate-controlled buildings. The facility will offer 725 rentable self-storage units.
Huff, Niehaus & Associates Arranges Sale of KY Hotel
Dhami, Sohal & Sehgal Properties sold 101-key Hampton Inn in Horse Cave for $4.4 million. The new owner plans to renovate the building.
ResCare Plans KY HQ Relocation
The company awaits the completion of a new building, part of the ShelbyHurst Office Campus in Louisville, Ky., to transfer its 340 local employees.
Alliant Energy Corp. Acquires 300MW Wind Project in Iowa
The wind facility consists of 100 to 150 slow-spinning wind turbines spread across 30,000 acres that will produce enough electricity to power nearly 102,000 U.S. homes.
Lincoln Park Plaza Finds New Owner
The shopping center is mostly vacant, but the new owner plans to reposition the 176,000-square-foot property. Friedman Integrated’s Rich Deptula represented both the seller and the buyer in this transaction.
Monmouth Lands 220 KSF Akron-Area Facility
The REIT acquired an industrial building in Stow, Ohio, for $19.5 million. The property is net-leased to a prominent racing tire maker.
Majestic Realty Buys 228-Acre Wisconsin Development Site
With the assistance of Transwestern, Rime Investments sold the property, located halfway between Chicago and Milwaukee. The land can accommodate as much as 2 million square feet of industrial development.
New Amazon Fulfillment Center Coming to Ohio
The e-commerce giant is building a 650,000-square-foot project in Euclid, expanding its presence in the state to five facilities, while adding another 1,000 full-time jobs.
Colliers Brokers Two Indianapolis Industrial Deals
The two assets amass approximately 500,000 square feet of warehouse space and are leased by tenants such as Kroger, Mansfield King, Peltz Shoes and MaxLite.