Midwest
Plymouth Industrial Scores 2 Indianapolis Properties
Located within Shadeland Interstate 70 Business Park, the two properties comprise a total of 606,871 square feet of space and are currently 94 percent leased.
Marcus & Millichap Arranges Sale of Minneapolis Restaurant
The company represented both the seller and the buyer in the transaction. The more than 5,000-square-foot property is located near major employers such as Best Buy, Starbucks, Target and The UPS Store.
Sprint to Expand Midwest Footprint With 30 New Stores
The additions will create more than 200 new jobs across Kansas, Missouri, Iowa, Minnesota and Nebraska by quarter four of 2017.
Foxconn Announces $10B Wisconsin Campus
The campus—to be called Wisconn Valley—will result in the creation of more than 34,000 direct or indirect jobs. The state plans to sweeten the deal with a $3 billion incentive package.
Center Core Buys Chicago-Area Office Campus
HFF closed on the transaction of Corporetum Office Campus VI, a two-building asset located West of Chicago in Lisle, Ill. It also secured a financing loan of $9.5 million for the buyer.
GATX Moves to Chicago’s Willis Tower
NKF’s Vice Chairman Melissa Copley negotiated the 90,000-square-foot lease at Chicago’s iconic tower. The tenant will relocate its global headquarters from 222 W. Adams St.
Flex-N-Gate Adds Office Space Near Detroit
The company signed a five-year lease for 24,165 square feet of office space within the Liberty Place corporate campus in Sterling Heights, Mich.
Sealy Acquires 650 KSF Ohio Distribution Facility
The owner, Exel Inc., sold the property to Sealy in a $40 million deal, marking the second time in three months the property changed hands.
Allianz Secures Naming Rights for MLS Stadium
The owners of the Minnesota United FC soccer team have chosen the global life insurance giant—which has local roots in the state—as the sponsor for the new $200 million arena in St. Paul.
Development Boom Tempers Chicago Rent Growth
The city is preparing to receive a record level of new deliveries, with more than 8,000 units expected to come online this year, Yardi Matrix data shows.