Midwest
Edsal Sandusky Buys 168 KSF Chicago Warehouse
Cushman & Wakefield represented the buyer, the property’s anchor tenant, while Avison Young’s Principal John Moysey worked on behalf of the property owner.
Friedman Brokers Sale of 2 Illinois Office Buildings
The properties total 53,226 square feet of space and are located in the Eastern East/West Corridor submarket, less than 20 miles from Chicago’s CBD.
Bentall Kennedy Teams Up With Warba Bank
The partnership’s initial investment is a Class A, 280,000-square-foot office building in Milwaukee, which serves as the world headquarters for ManpowerGroup.
Nashville’s Supply Side Shines
With strong demand fueled by robust population gains and consistent job growth, the market remains a hot ticket. Investors acquired more than $1 billion in apartments in 2016, according to Yardi Matrix.
Hilton Des Moines Hotel Tops Off
A beam signing took place at the construction site, which upon completion will be connected to the Iowa Events Center and Des Moines Skywalk. The 330-key hotel is set for full completion in April 2018.
Covington Lands 800 KSF Industrial Portfolio
The Dallas-based company purchased a 500,625-square-foot warehouse and distribution facility in Columbus, Ohio, and a 300,000-square-foot facility in Baltimore. The buyer plans to make improvements to the buildings.
Detroit Northern Suburb Retail Asset Changes Hands
A California-based investor acquired the Southfield, Mich., property from SRC Holdings LLC. Steven Silverman of Friedman Integrated Real Estate Solutions brokered the sale on behalf of both the seller and the buyer.
Extended-Stay Home2 Suites Opens in Chicago Area
Located within a few miles from most corporate offices in Schaumburg’s business district, the 107-key hotel incorporates a variety of tech- and eco-conscious amenities.
Meridian Completes Tenant Buildout at Industrial Facility
The 226,102-square-foot industrial property in Romeoville, Ill., which underwent a makeover, is fully leased by Molto Properties to LASCO Fittings Inc.
Marshall Opens Grand River Hotel in Michigan
The seven-story hotel is an Ascend Hotel Collection member in Grand Rapids. The asset features 160 keys and is located one mile from downtown.