Midwest
Savills Studley Negotiates Office Expansions in Chicago
The company closed on two leases for Ryan Specialty Group and one of its subsidiaries, RT Specialty. The offices are located at Two Prudential Plaza and 500 W. Monroe.
Historic Nashville Building to Debut as Hyatt Hotel
HRI Properties will transform a vintage property into Holston House, a 191-key hotel. The art deco building is on the National Registry of Historic Places and used be the location of the James Robertson Apartments.
Chicago Freezer Facility Lands New Tenants
Frozen Assets Cold Storage will occupy more than 50 percent of Bridge Point Northlake, a cold storage facility in Northlake, Ill. The lease was brokered by Bridge Development Partners.
German Auto Supplier to Enter SC
bo parts GmbH intends to build a 60,000-square-foot production facility in Greer. The $4.1 million investment is projected to create 100 new jobs by 2022.
Northwestern Mutual’s New HQ Opens in Milwaukee
The 1.1 million-square-foot project on Lake Michigan will house about 2,400 employees, relocating them from the company’s downtown and Franklin campuses.
PGIM Secures $33 Million Loan for Columbus Retail Center
The financing will support capital improvements to Graceland Retail Center, a 456,021-square-foot property located nine miles from Columbus’ central business district.
JW Marriott Chicago Lands $270M Natixis Refi
The 610-key luxury hotel, which opened seven years ago, is located in the former Continental & Commercial National Bank Building in the city’s downtown Loop.
Olshan Properties Unveils $27M Hilton Columbus Revamp
The company invested in the interior redesign and amenity enhancement of the 345-key Hilton Columbus at Easton. The hotel also added 9,000 square feet of meeting and event space.
Historic Detroit Restaurant Goes Energy Efficient With C-PACE
Austin-based Petros PACE Finance facilitated nearly $1 million in C-PACE financing, which will allow the owner to install energy-saving components that are projected to save $2 million during the next 20 years.
Transwestern’s Midwest Asset Services Group Gets New Leaders
Micah Larmie and Katie Sakach were promoted to oversee the company’s management portfolio in the Midwest, which encompasses more than 19 million square feet.