Midwest
Fiat-Chrysler Reveals $1B Expansion Plan
FCA intends to create 2,000 new jobs while upgrading its assembly plants in Warren, Mich., and Toledo, Ohio.
CBL Announces Redevelopment of 4 Macy’s Stores
CBL has entered into an agreement to buy three of the four locations from Macy’s for $5 million.
HFF Closes Sale of KC Retail Center
The 190,000-square-foot grocery-anchored center was purchased by an affiliate of Northeast Capital Group from Blackstone Group LP, a New York City-based private equity firm.
CliqStudios Invests $2M in New Design Center
The company plans to hire 98 associates at the new facility.
Manish Shah Joins KTGY’s Chicago Office
Holding more than two decades of experience, Shah will work in the firm’s national health care design practice.
Metro Chicago Mall Lands $100M Refi
HFF worked on behalf of Centennial Real Estate Co., Montgomery Street Partners, USAA Real Estate Co. and Westfield America to secure the loan for Fox Valley Mall.
Country Inns & Suites By Carlson Opens Hotel in Minnesota
The 96-key hotel will undergo further renovations in 2017.
Ford to Invest $700M in Michigan Factory, Cancels $1.6B Mexican Plant
The move is part of an overall $4.5 billion investment on electrified vehicles over the next four years.
HCW to Break Ground on 98-Key Hotel in Wichita, Kan.
Construction of the TRU Hotel by Hilton is expected to begin in April, while completion is scheduled for the spring of 2018.
Brennan Sells Prime Windy City Warehouse
Morgan Stanley is the new owner of the 140,000-square-foot industrial facility at 1780 Birchwood Ave.