Midwest
Monmouth Nabs FedEx Ground Terminal in Michigan
The company also acquired another FedEx-Leased warehouse at the beginning of the year.
AmTrust Expands Chicago Team
The company named Frank Laisch as vice president. Previously a business development manager at National General Insurance Co., he brings a strong background in real estate sales and management, insurance, mortgage settlement services and homebuilding industries.
A123 Systems to Build $40M HQ in Michigan
The 150,000-square-foot campus will replace the company’s leased spaces in Livonia and Romulus, serving as a workplace for more than 400 employees upon completion.
LaSalle Investment Management Secures 220 KSF Mixed-Use Asset
The company closed the acquisition of a Minneapolis property, which was initially developed as a vertical mall and underwent a $50 million redevelopment in 2015.
Colliers Expands in the Midwest
The Toronto-based company has acquired affiliate WelshCo, one of the largest brokerage and property management firms in the Twin Cities area.
A Closer Look at FASB’s Latest ASU
BDO’s Julie Valpey and Brandon Landas discuss the key changes and impact of the Financial Accounting Standards Board’s latest update on real estate transactions.
Friedman Sells Michigan Office Building
The commercial real estate services provider represented both the seller, Nicholas Development Company Inc., and the buyer in this transaction. Mark Van Den Branden LLC purchased the 6,500-square-foot property in Warren, Mich.
Chicago Retail Center Sells for $24M
Archer Station is fully leased to a tenant roster including Ross Dress for Less, LA Fitness, AT&T Wireless and Athletico Physical Therapy.
Car Parts Manufacturer to Bring $60M Investment to Springfield
The Japanese auto parts manufacturer previously announced a $10 million investment, but it now significantly expanded the project. Topre America intends to build a 150,000-square-foot facility in Clark County, Ohio, that will create 85 jobs.
Former Equity Trust HQ Changes Hands
The 40,000-square-foot property sold for $1 million to a local investor in Cleveland. The Buyer Quest-anchored office building will undergo several improvements.