Midwest
NAI Hiffman Brokers Four Chicago Leases
All properties are located in Chicago’s O’Hare submarket and offer a mix of office and industrial space. The assets, totaling 170,000 square feet, are owned by Prologis.
Remington Corporate Center’s Final Unit Changes Hands
NAI Hiffman closed on the sale of the last 2,147-square-foot office condominium part of the 63,000-square-foot multi-unit property in Bolingbrook, Ill.
NAI Hiffman Appoints Ted Staszak as SVP
During a 20-year career, the industrial property specialist has completed 500-plus transactions valued at $8 billion. He brings deep experience in major Midwestern markets to his new role.
NKF Brokers the Sale of 100 KSF Mixed-Use Property
The building is located in Woodridge, Ill., and offers a mix of office, research and warehouse space. It is partially occupied by Elevance Renewable Sciences Inc.
Detroit: Far From Singing the Blues
After years of little multifamily supply, development is beginning to pick up, with more than 4,000 units under construction. Rents increased 4.2 percent year-over-year as of April, Yardi Matrix data shows.
Duke Realty Makes Promotions
Steven Schnur is a veteran in the company since 2003, having held roles as regional executive vice president and senior vice president of Duke Realty’s operations.
NKF to Market 3.3 MSF Twin Cities Development
Viking Lakes will add office, retail, hospitality, multifamily, medical office and a sports medicine center to Eagan, Minn.
St. Louis Gears Up
Despite a slowly declining population, the city continues to see positive economic trends. Developers ramped up apartment deliveries in 2016, when 1,370 units came online, according to Yardi Matrix.
Indiana Jiffy Lube Portfolio Changes Hands for $2.5M
The Boulder Group represented both the seller—a global real estate fund—and the buyer—a domestic private investment group—in the two-property transaction.
Nashville-Area Industrial Building Lands $18M Loan
Mission Capital refinanced existing debt on a fully occupied, recently upgraded industrial property, Interchange Business Center, a 792,000-square-foot building in La Vergne, Tenn.