Midwest
Yardi Matrix: Chicago’s Draw
As one of the largest metros in the U.S. and the center of the Midwest, Chicago remains a top target for investors, though its rent growth keeps trailing most of the nation.
IKEA’s Joliet Distribution Center to be Equipped with Solar Rooftop
The facility, combined with arrays atop the Chicago-area IKEA stores in Bolingbrook and Schaumburg, makes the retailer owner of three of the state’s largest solar rooftop installations.
A Preview of Risk Retention Effects
How will the new risk retention regulations impact the CMBS market? Fitch’s Lauren Cerda weighs in.
Erie Insurance Plans New $135M Office Building
The 346,000-square-foot property will be developed by Albert Kahn Associates and PJ Dick and is slated for completion in 2020.
Select Comfort Relocates HQ to Downtown Minneapolis
The 211,000-square-foot lease was secured by Transwestern.
Hinshaw & Culbertson Grows Minneapolis Team
Prior to joining Hinshaw, Michael Hatting served as EVP & general counsel with Exeter Realty Co.
New Hampton Inn & Suites Lands in Metro St. Louis
Champion Hotels will be managing the 85-key hotel located in Alton’s central business district.
Opus Completes 208 KSF Iowa Distribution Center
Power Distributors of Columbus will take over 145,000 square feet of space at the new speculative facility.
Tishman Speyer Signs OCC at The Franklin
The company will take over 105,000 square feet of office space at the iconic West Loop tower.
Metro St. Louis Preps for Largest Shopping Center in Years
GBT Realty has begun work on the 270,000-square-foot The Shoppes at Mid Rivers, the largest retail project in the area since 2008.