Midwest
Brennan Investment Unveils 1 MSF Chicagoland Tech Campus
The 85-acre Elk Grove Technology Park project near O’Hare International will deliver four speculative industrial and data center facilities. CBRE is in charge of leasing.
Xebec Targets E-Commerce Assets in Key Markets
HFF has secured a $46 million loan on behalf of the company’s first industrial portfolio, which includes warehouse buildings in Los Angeles and Chicago.
New Harley-Davidson Showroom to Open in Chicago
The company signed a lease for 10,000 square feet of retail space at The Addison & Clark development, across the street from Wrigley Field. The store will be operational in 2018.
California Investor Acquires Michigan Office Property
Wilson Real Estate II sold the 30,760-square-foot building in Troy, Mich., to LSTC Michigan, marking the latter’s sixth commercial real estate acquisition in the Detroit area.
AJ Manufacturing Doubles Capacity, Moves HQ
The company moved to the Three Trails Industrial Park, a Class A industrial park in southern Kansas City, Mo. AJ also added equipment to its new plant.
Alterra Worldwide Acquires 520 KSF Mixed-Use Asset
The company plans to complete a $104 million redevelopment of the project, which will include 240 units, a 220-key hotel and commercial space.
HSA Commercial Secures 55 KSF Lease at Gateway Business Park
The company secured 55,500 square feet lease of the total 151,220 square feet to Kuehne + Nagel. The leasing of Gateway Industrial IV marks HSA Commercial’s fifth and final development in conjunction with Washington Capital Management.
Emerson to Invest $100M in Ohio Facilities
Construction and renovation plans include updating and expanding office and lab space at the company’s Sidney, Ohio, location. Investments will be made over the next four years.
Free Market Ventures JV Acquires Chicago Office Asset
The partnership purchased 6400 Shafer Court, which offers 179,442 square feet of space and is currently 88 percent leased to 15 tenants.
WoodSpring Continues to Grow in Chicagoland
The company’s new project marks its third in the area and will be among 15 total properties to be built with development partner Holladay Properties.