Midwest
LaSalle Brings New Leader on Board
Tim Kessler will be based in LaSalle’s Chicago headquarters and will be in charge of the company’s growth strategy worldwide.
HCP Snags Indianapolis Coca-Cola Bottling Plant
The company is planning to transform the 12-acre site into a $260 million mixed-use Bottleworks District development. The project will be completed in five phases, over a period of seven to 10 years.
CBRE Markets St. Louis Riverfront Redevelopment Portfolio
The 19-property portfolio is located along the St. Louis riverfront and could support multifamily, office, industrial and retail space uses.
NAI Hiffman Brings Two New Tenants to IL Office Campus
Legacy Professionals and Regent Surgical Health closed agreements at 4 Westbrook Corporate Center in Westchester, Ill. The total leased space amounts to more than 26,000 square feet.
Omega Healthcare to Invest $190M in SNF Portfolio
The company has reinforced its status as the nation’s largest owner of post-acute care facilities with the acquisition of 15 Indiana properties, which were leased to an existing operator.
Brennan Buys Multi-State Industrial Portfolio
The purchase of three properties in Chicago, Indianapolis and Bakersfield, Calif., caps a busy year for the group, which now owns more than 28 million square feet of space in 23 states.
First TN Blackberry Resort in 40 Years Breaks Ground
The 5,200-acre property is expected to welcome its first guests in 2018. The project features six cabins, 13 cottages and multi-bedroom homes, as well as two new restaurants.
Ford Land Taps Mid-America to Lease Retail Space
The retail component is part of the upcoming Wagner Place, a 150,000-square-foot mixed-use development located in Dearborn, Mich. It will be available by mid-2018.
Mid-America Real Estate Brokers KS Shopping Center Deal
The buyer of the 100,000-square-feet property located in Derby, Kan., was Cole Credit Property Trust V Inc. The tenants are Hobby Lobby, Ross Dress for Less and TJ Maxx.
All Eyes on Core in Cleveland
The growing number of renters looking to live near work, transportation, retail and entertainment options, coupled with limited housing supply, is stimulating rent growth.