Midwest
Ivanhoé Cambridge JV Buys Chicago Office Tower
The company and its partner, Callahan Capital Properties, paid $145 million to acquire the 576,000-square-foot high-rise at 125 S. Wacker Drive in the city’s West Loop neighborhood.
Kraft Heinz Opens Facility After $250M Expansion
The company’s expansion of its Kirksville, Mo., plant included adding nearly 262,000 square feet of new space. The expansion will also open 200 new jobs and seven new production lines at the facility.
Avison Young to Manage Oklahoma City Outlet
The Outlet Resource Group and Singerman Real Estate own the 400,000-square-foot shopping center, which marks the second mall Avison Young is managing for the two companies.
Advantage Capital Expands St. Louis Team
Sandra Moore has joined the company as a managing director. She brings more than three decades of experience in urban planning, economic development and community revitalization efforts.
AHT Plans $400M Revamp of Nashville Convention Center
Plans for the new mixed-use project include a 26-story, Class A office tower; 235,000 square feet of high-end retail, dining and entertainment; as well as a 34-story residential building.
Chicago’s Molto Properties Welcomes New VP
Kevin Scott will be responsible for finding investment opportunities and executing industrial real estate developments in the Chicago area.
Accurate Group Announces 2 New VPs of Sales
In their new roles, Matthew Lichtner and Richard Heltzel will lead the company’s sales efforts on the West Coast and in the Northeast, respectively.
New St. John Providence Medical Center Opens Its Doors
The 60,000-square-foot outpatient facility in Howell, Mich., bears the signature of developer MedCraft Healthcare Real Estate LLC, interior design firm Diekema Hamann and contractor CSM Group.
Pepper Construction to Build IKEA’s First WI Store
The Swedish home furnishings retailer has secured contractors for the upcoming location in Oak Creek, Wis. The 291,000-square-foot IKEA store is due to open next summer, with 250 full-time employees.
Bridge, Premier Team Up to Build Distribution Facilities
The two buildings which will replace Schiller Park’s former bakery are slated for completion by the end of this year’s second quarter.