Midwest
Structured Development Plans New Chicago Building
Structured Development plans a mixed-use building in one of the few remaining large sites near the North Branch Industrial Corridor. Construction will begin in the first part of 2018.
Furniture Distribution Company Inks New Chicago Lease
A team of brokers from NAI Hiffman represented G Furniture Inc. in a new agreement for a space at Sun Gate Park. The company will relocate its Chicago distribution center to Lawndale for better transit infrastructure.
Ridge Breaks Ground on 186 KSF Industrial Asset
Dubbed Ridge Brewster Creek II, the project is slotted for completion by December 2017. Newmark Knight Frank will handle leasing for the development.
Co-Working Firm Spaces Coming to Chicago
The Amsterdam-based company has inked a 27,110-square-foot lease in Lincoln Park. This is its first location opened in Chicago and the 14th one in North America.
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.