Midwest
Details Revealed for Obama Center
The development, which has an estimated cost of roughly $1.5 billion, will be a three-building public destination featuring the Museum, the Forum and the Library.
IHG to Open New Minneapolis Hotel
IHG ‘s 291-key hotel located at the Minneapolis-St. Paul Airport will open in the summer of 2018. The airport is in the process of a five-year expansion and improvement plan.
Opus Group Completes Delta Defense HQ
The two-story, 60,000-square-foot facility in West Bend, Wis. is now fully operational, following construction work which took almost one year to complete.
Baum Realty Mediates Sale of Chase Bank Building
The 4,195-square-foot property at 7180 W. Grand Ave. in Elmwood Park, Ill., brought the seller, a private West Coast investor, $4.5 million.
NAS Adds 2 St. Louis Medical Assets to Its Portfolio
KB Exchange Trust has selected NAS to manage both medical offices. Fresenius Medical Care and DaVita HealthCare Partners are the sole occupants of the properties.
Copaken Brooks Takes a Leap into KC Industrial Market
Frequently associated with office and mixed-use projects, the company announced its first industrial development. Midwest Gateway will be a 500,000-square-foot project located directly adjacent to the BNSF intermodal facility in Edgerton, Kan.
Bridge, Investcorp Partner to Recapitalize Cold Storage Portfolio
The three warehouses total 715,000 square feet and may represent the first time an institutional investor refinances a multi-tenant cold storage portfolio.
NAI Hiffman Closes 2 Large Chicago Leases
Dealer Tire renewed at 3708 River Road in Franklin Park, while Crane Nuclear Inc. signed at 860 Remington Blvd. in Bolingbrook.
Horizon Sells Oklahoma City Mall for $130M
The Outlet Resource Group and Singerman Real Estate snapped up the 400,000-square-foot retail property at 7624 West Reno Ave., which functions as the state’s only outlet center.
PCCP Refinances Chicago Retail Center
Village Market, located within the Lakeshore East development, belongs to a joint venture between Magellan Development Co. and Hanwha Engineering & Construction.