Midwest
Midwest Industrial Acquires Warehouse, Plans Renovation
The 71,000-square-foot building is located in Huntley, Ill., and is fully leased by a single tenant. The site features an additional 3 acres which can be used for further development.
HER Realtors Opens New Ohio Office
Matthew Long, a broker with HER since 2016, will spearhead the sales team at the company’s second location in Clintonville, Ohio.
West Loop Self-Storage Assets Trade for $14M
The sale of the buildings, totaling 60,000 square feet, was mediated by SVN Chicago Commercial. Extra Space Storage occupies all three structures.
Cush & Wake Tapped to Market Chicago Industrial Park
The first building in Cherry Hill Business Park, an upcoming 500-acre industrial development in Joliet and New Lenox, Ill., is slated for delivery later this year.
Illinois Bone & Joint Institute Embarks on Renovation Project
The Missner Group will conduct the improvement works at the healthcare facility. The 2,900-square-foot space expansion will include a new physical therapy gym, private therapy suites, a modernized reception area and upgraded bathroom facility.
Opus Finalizes MC Machinery’s HQ
Construction at the new 175,000-square-foot corporate campus in Elk Grove Village, Ill. began last year in April. The facility offers a variety of spaces designed for office, showroom and warehouse use.
Griffin Capital Acquires Part Of Indianapolis Office Campus
The transaction price for the 133,400-square-foot, Class A office building was $29 million. The facility is one of three properties making up Midcontinent Independent System Operator Inc.’s headquarters and is fully leased for the next 11 years.
US Bank Breaks Ground on $250M Minneapolis Data Center
Stream Data Centers was tapped to develop the 56,000 square-foot-building by the end of this year. Upon completion, the center will incorporate two utility feeds from two separate substations designed to support 2.4MW of IT data load.
Meritex Snags 300 KSF Industrial Property
1080 Park Place in Shakopee, Minn., was built in 1993 by The Opus Group and boasts full occupancy. Steve Dorff, senior asset manager with Meritex, will manage the property.
Marcus & Millichap’s IPA Taps National Director
Kenneth Szady has been involved in more than $9 billion in office, industrial and other property investment transactions. He previously held positions at NGKF, Cushman & Wakefield, Trammell Crow Co. and JLL.