Midwest
Friedman Integrated to Renovate and Lease Raleigh Officentre
The modernization of the property includes landscape upgrades and new lobbies with high-end finishes.
BGL Completes $20M Financing for Cambria Hotel Development
The financing will support Ceres Enterprises and The Orlean Co.’s third development of Choice Hotels’ Cambria brand.
Macy’s Continues Restructuring, Sells Assets to GGP
The $46 million sale follows Macy’s announced plans to close roughly 15 percent of its properties by next year.
1031 Buyer Drives Peak Pricing Retention for Well-Located Asset
Hanley Investment Group brokered the sale of Raceway Commons, a Panera Bread-anchored shopping destination in Indianapolis.
TREKK Design Group Doubles Its KC HQ
The civil engineering firm is expanding the size of its facility in Kansas City, Mo., with a $500,000 investment.
Inland Securities Announces Two New VP’s
In their new roles, Jeff Spah and Ronald Cole will work with an Inland Securities internal wholesaler to build relationships with current and new financial advisors.
Robert Gifford Joins RPAI’s Board of Directors
Gifford was president & CEO of AIG Global Real Estate, as well as a principal with AEW Capital Management, where he focused on value-add acquisitions.
Walker & Dunlop Completes $15M Loan for Extended Stay Hotel Portfolio
The portfolio consists of four Value Place/WoodSpring Suites hotels located in Ohio and Indiana.
Griffin Capital Nabs 3M Distribution Center in DeKalb
The company paid $69.4 million to acquire the asset from Clayco and Venture One Real Estate.
CBRE Taps New Managing Director in Indianapolis
David Funke will focus on the company’s full spectrum of services throughout the Indianapolis area.