Midwest
Marcus & Millichap Division Sells 182 KSF Retail Center
Institutional Property Advisors brokered the sale of North Heights Plaza, a shopping center in Huber Heights, Ohio. The asset is anchored by Dick’s Sporting Goods and Big Lots.
Group RMC Lands $221M Loan for KC Office Buy
JLL’s Capital Markets team secured the acquisition financing for Corporate Woods, the largest corporate campus between Chicago and Denver.
Manufacturer Opens First Missouri Pipe Plant
Advanced Drainage Systems, a provider of water management products, opened its 62nd facility. The Harrisonville, Mo., plant has 72,650 square feet and approximately 50 employees.
The US: the Original Skyscraper Kingdom
The U.S. showcased its booming 20th century economy by defying gravity, creating concrete and steel giants known as skyscrapers.
New Luxury Boutique Hotel Coming to Chicago
SOPHY will be located in Hyde Park and will operate under The Olympia Cos. The hotel is expected to offer 98 rooms, a bar, a restaurant and a fitness center.
Transwestern Welcomes New EVP of Agency Leasing
Eric Myers is a veteran in the real estate industry, having gathered more than 25 years of experience holding leadership positions with Avison Young and Tishman Speyer, among other companies.
Eastern Kentucky Lands $1.3B Aluminum Plant
The 2.5 million-square-foot facility is slated to break ground in early 2018. The Ashland area beat out 23 other potential locations.
HSA, USAA Buy 46 KSF MOB
Colliers represented the seller of the Class A building—anchored by North Clinic—in Plymouth, Minn. The commercial real estate services firm will also spearhead leasing efforts.
Creative Co-Working Space to Open in Columbus Suburb
Brick House Blue in Dublin, Ohio, is set to open late this fall. The 9,000-square-foot meeting space is part of Bridge Park and will unify distinct business owners in a collaborative work environment.
Steady Growth Cultivates Building Boom in Columbus
Rents are escalating due to steady employment gains and net in-migration, driven by activity associated with Ohio State. Average rent reached $876, well below the national figure of $1,316.